Wondering how many multiples of your pay your fellow partners may be earning? Indulge your insecurities with this handy interactive chart.
Wondering how many multiples of your pay your fellow partners may be earning? Indulge your insecurities with this handy interactive chart.
Pillsbury chair Jim Rishwain answered our questions about a spate of recent partner defections, the firm’s merger outlook, and the search for his eventual replacement.
M&A league tables for the first half of 2015 compiled by Bloomberg and Thomson Reuters show Skadden, Arps, Slate, Meagher & Flom leading the pack among legal advisers, while several other Am Law 100 firms prepare to fete the Fourth of July with some insurance-related transactional work.
Defense counsel in the trial of three ex-Dewey & LeBoeuf executives pressed their argument Thursday that many of the accounting adjustments made by former firm employees were appropriate. The prosecution has sought to portray those adjustments as acts of fraud.
The Labor Department’s June jobs report showed that the legal services industry lost 800 jobs, more than erasing the meager gains that the industry enjoyed in May.
Three months after Goodwin Procter said it would slash 2 percent of its workforce, the Boston-based Am Law 100 announced three private equity hires Wednesday in its hometown and London. The Am Law Daily caught up with chairman David Hashmall to discuss his plans for Goodwin Procter as he approaches the end of his first year as leader.
A former Dewey & LeBoeuf budget director cooperating with the New York County District Attorney’s Office in its prosecution of three former firm leaders conceded during cross-examination Wednesday that some accounting adjustments are legitimate.
Are words like "ambitious" and "competitive salary" turning women off?
After building out its lobbying group with a pair of seasoned hires over the past two years, Wilmer Cutler Pickering Hale and Dorr has dug into advising agribusiness behemoth Monsanto on its effort to acquire Swiss seed technology rival Syngenta.
With Dentons' merger with McKenna Long & Aldridge becoming official on Wednesday, we asked the firm's leaders about the impending combination with China's Dacheng—and what other global tie-ups may be in store.
Herbert Smith Freehills achieved strong profit growth in the last financial year despite largely flat revenues, the firm announced Wednesday.
A leading structured finance team leaves Ashurst for Paul Hastings; a Quinn Emanuel associate development director moves on; Dentons closes on a combination; DLA Piper bolts on a boutique Down Under; and other notable hires from throughout The Am Law 200.
Cadwalader, Wickersham & Taft partner Kathy Chin and her husband, Judge Denny Chin of the U.S. Court of Appeals for the Second Circuit, have been presenting re-enactments of cases important to Asian-American legal history for nearly a decade. Now, they will broaden the scope of their work to commemorate cases involving other minority groups.
Ilya Alter, a former director of budgeting and planning at Dewey & LeBoeuf, admitted in testimony Tuesday in the criminal trial of three former firm executives that he helped falsify accounting records at the now-defunct firm. Alter is one of seven former Dewey & LeBoeuf employees who have agreed to cooperate with prosecutors in exchange for a lighter sentence.
John Dowd, a former Marine and veteran Akin Gump Strauss Hauer & Feld litigator who retired from the firm earlier this year, appeared on SiriusXM’s Mad Dog Sports Radio with Christopher Russo to discuss his investigation 26 years ago that led to a lifetime ban of Major League Baseball icon Pete Rose. It did not go well.
Rebecca Eisner and Lydia Kelley used to share mac and cheese dinners and cram for exams together. Now they oversee nearly 600 lawyers as managing partners of the Chicago offices of Mayer Brown and McDermott Will & Emery, respectively.
Defense lawyers for three former Dewey & LeBoeuf executives had some tough questions during their cross-examination of a former executive committee member from the now-defunct firm.
Kirkland snags a top London tax partner but loses three others; McKenna Long & Aldridge sees more lateral movement ahead of its deal with Dentons; Shearman & Sterling opens in Saudi Arabia; and other notable hires from throughout The Am Law 200.
Hall advised Delhaize Group in its merger with Koninklijke Ahold NV, which will create a combined company valued at $29 billion.
After Friday's victory for same-sex marriage, the notion that gays and lesbians need to be "cured" might seem almost quaint. Not so for Jim Bromley's pro bono clients, who won a resounding jury verdict this week against a group that promised to purge their homosexuality.
Richard Shutran, the former co-head of Dewey & LeBoeuf’s corporate department who took the lead on a $150 million private placement by the firm, testified Thursday that he was never in the loop about its shaky financial situation.
From Fitbit to Fogo de Chão, capital markets lawyers at Am Law 100 firms are reaping the benefits from a fresh round of initial public offerings, as June shapes up to be potentially the best month by volume for U.S. listings since 1999.
The Am Law 100 firm took the lead this week for clients such as The Williams Companies, Cigna and Delhaize on a trio of potential deals totaling some $124 billion in value.
A week after the killings at Charleston’s Emanuel African Methodist Episcopal Church, one of the state’s oldest and largest firms came out against one of the South’s most controversial emblems.
The defense counsel for three former Dewey & LeBoeuf executives accused of fraud and other crimes further dissected emails that were sent between partners on the executive committee of legacy firm LeBoeuf, Lamb, Greene & MacRae.
Here's what bar exam veterans say not to do.
Partner Andrew Tulumello joined Winston & Strawn’s Jeffrey Kessler on Tuesday to contest quarterback Tom Brady’s suspension.
A month after opening a second office in Los Angeles, Sidley Austin raids Paul Hastings for a real estate pro; Proskauer Rose picks up a regional private equity head from Baker & McKenzie; and other notable additions from throughout The Am Law 200.
Inflammatory emails between executive committee members at legacy firm LeBoeuf, Lamb, Greene & MacRae were shown to the jury during the trial of three former firm executives who went on to top roles at Dewey & LeBoeuf, the 1,400-lawyer firm formed through a 2007 merger with Dewey Ballantine that filed for bankruptcy five years later.
Partner earnings are still making their way into client coffers through law firm investment funds—and firms are reaping both returns and deal work from their investment targets.
Robert Bell, co-head of Kaye Scholer’s antitrust practice in Washington, D.C., has joined Hughes Hubbard & Reed as a partner. Bell is the third practice leader to leave Kaye Scholer in recent weeks.
The ongoing testimony of Ralph Ferrara, a salaried partner and former rainmaker at Dewey & LeBoeuf, painted a picture of the firm’s downfall that seemed sympathetic to the defense. Ferrara said the decision of certain key partners to leave the firm as they became aware of its grim finances contributed to its eventual bankruptcy.
Three former Skadden lawyers find new homes; Milbank adds a Magic Circle private equity pro in London; Locke Lord lands a 14-member team in Atlanta; and other notable additions from throughout The Am Law 200.
The longtime Las Vegas-based firm, which suffered a spate of partner departures this year, is in the process of winding down its operations.
Forty-four firms get WILEF's seal of approval.
Accredited for-profit law schools will soon be subject to a new regulation that restricts federal loans to underperforming colleges. If only the government would hold all law schools similarly accountable.
Three former Dewey & LeBoeuf executives facing fraud and conspiracy charges got an unexpected lift late Thursday when a former partner glowingly extolled their work ethic and professional character. Ralph Ferrara, a veteran securities litigator, also described the lucrative payday he once received to switch firms.
Nearly a dozen billion-dollar deals were announced over the past week, ranging from homebuilders and retail buys to the privatization of a U.S.-listed Chinese technology company. At the same time, Am Law 100 firms had to look no further than the active pharmaceutical arena to add a few notable M&A engagements to their transactional ledger.
Several current and former Am Law 200 lawyers have been called to the field as one of baseball's favorite franchises faces unprecedented scrutiny.
Former client relations manager Suzanna Sanchez testified Wednesday that Dewey & LeBoeuf partners knew she was asking for backdated checks in order to meet year-end collections targets and didn't question the activity.
The London-based legal giant became the latest Global 100 firm to consolidate its operations in the Middle East by announcing plans to close its Abu Dhabi office and relocate its five lawyers in the city to Dubai.
The Magic Circle firm snags a senior Simpson Thacher & Bartlett civil litigation partner in New York; Sheppard Mullin adds a three-lawyer IP team from Pillsbury; King & Spalding opens in Tokyo; and other notable moves from throughout The Am Law 200.
Suzanna Sanchez, a former client relations and collections manager, testified that Dewey & LeBoeuf's former leaders instructed partners to ask clients in January 2010 to backdate checks for matters to the previous month so the struggling firm could book them as 2009 collections.
But Mark Shurtleff, who briefly joined Troutman Sanders after leaving office in 2013, still faces hefty criminal charges related to his time as AG and his move into private practice.
Former high-flying plaintiffs lawyer Andrew Barroway is preparing to divest himself of a controlling stake in the NHL’s Arizona Coyotes that he acquired last year, as the team finds itself involved in a $200 million litigation battle with the Phoenix suburb of Glendale.
As the wait for a permanent successor to Benjamin Lawsky continues, it will fall to his deputy, former Weil partner Anthony Albanese, to keep the banks on their toes as acting head of New York’s Department of Financial Services.
Q&A with admissions director Janice Austin.
David Rodriguez, a former Dewey & LeBoeuf partner relationship specialist, testified Monday that he reclassified disbursements made to departed partners, of counsel and, perhaps most notably, Steven Davis, chairman of the now-defunct firm. But defense lawyers suggested that such accounting maneuvers are perfectly legal.
Long after the Colt .45 tamed the American West, Samuel Colt's namesake company is waving the white flag in a showdown with its creditors.
Willkie Farr, Winston & Strawn and Sheppard Mullin make hires from two struggling firms with California roots; Blank Rome bolts on an IP boutique in Houston; Fried Frank loses its last partner in Asia; and other notable additions from throughout The Am Law 200.
After going live last week, a pot bar began luring lawyers nationwide into its ranks. The National Cannabis Bar Association counts a current Akerman partner and former Reed Smith partner as members of its founding board of directors as the organization seeks to bring a relatively niche practice area into the mainstream.
Rosen and Schmidt snagged roles advising the financial wizards behind Canada's state pension fund as they prepare to acquire a $12 billion chunk of GE Capital.
Sometimes the most effective way to support a cause is to maintain a safe distance from it.
The firm is advising Tokio Marine in its $7.5 billion insurance company buy and has unexpectedly picked up work on Teva’s $40 billion bid for Mylan.
Defense counsel for Joel Sanders, Dewey & LeBoeuf’s former CFO, struck back hard Thursday at the prosecution's most damaging witness to date, the third-ranking finance department manager at the firm, who pleaded guilty to a lesser criminal charge in 2014.
With the NLJ 350 inspiring law firms to size up their competitors this week, we took a look at the Am Law 200 firms that saw their legal ranks fluctuate the most through the first six months of 2015.
The end of a decade of abuse and imprisonment for Amanda Berry and her fellow victims sparked joy, disgust, relief and endless questions. Among them: How could they ever put their lives back together after such an ordeal?
Arnold Gulkowitz, who joined Dickstein Shapiro in 2007 and went on to head its bankruptcy and creditors’ rights group, has left the struggling firm’s New York office to start his own restructuring boutique, called Gulkowitz Berger.
Thomas Mullikin, a former key financial manager at Dewey & LeBoeuf, told a jury in the criminal trial of three former firm executives that he and others made false adjustments to accounting records in order inflate net income. Mullikin said this was done at the start of 2009 to avoid breaking agreements that the firm had with lenders.
A judge found that Kirkland & Ellis ignored ethical obligations to snag a role as deal counsel to Teva Pharmaceutical in its $40 billion hostile bid for Mylan. But Kirkland’s loss is Sullivan & Cromwell’s gain, as Teva announced that S&C will step in to advise the company in the takeover fight.
Ahead of its proposed combination with Dentons, more partners have left McKenna Long & Aldridge, even as the latter makes a hire of its own; Latham & Watkins lands another O’Melveny & Myers rainmaker; Nelson Mullins and Barnes & Thornburg open new offices; Delta Air Lines taps Dorsey & Whitney for a new legal chief; and more notable additions from throughout The Am Law 200.
A federal judge in Louisiana agreed to release Albert Woodfox after four decades in prison, but the state’s attorney general has appealed.
Boies, Schiller & Flexner will be 55 Hudson Yards' first commercial tenant, leaving east midtown and the Four Seasons behind.
Prosecutors in the criminal trial of three former Dewey & LeBoeuf executives for the first time Tuesday presented evidence that sought to show that defendants lied to their bankers about how the now-defunct firm spent the money it received from lenders. Meanwhile, a former entertainment partner at the firm lost a court fight in London.
Using data from The American Lawyer's 2015 Diversity Scorecard, we've charted the number of minority lawyers at 220 firms in a single interactive.
Richard Walden, a senior credit executive in the private bank capital advisory group at financial services giant JPMorgan Chase, testified about bank loans that now-defunct Dewey & LeBoeuf received in the years prior to its collapse.
Think childless women are treated with more respect at the office? Hah!
Here's one option for the beleaguered fast-food industry: Close the burger joints and lease the space to law firms instead.
A month after Gateley announced that it would become the first law firm in the U.K. to tap into public markets, the 350-lawyer shop raised more than $45 million in an initial public offering on London’s Alternative Investment Market.
Drinker Biddle & Reath adds a labor and employment partner with star power; Bryan Cave parts ways with a former senator; Greenberg Traurig grabs two former Dewey & LeBoeuf dealmakers; four firms raid Kirkland & Ellis; and other notable hires from throughout The Am Law 200.
At a London event, lawyers and firms are honored for excellence in transatlantic matters involving corporate, finance and litigation work, innovation, commitment to pro bono, outstanding transatlantic strategy and rising stars under 40.
Dickinson Wright is hiring 13 lawyers from Gordon Silver, a struggling Las Vegas-based firm now down to its final six partners. The additions give the Detroit-based Am Law 200 firm an office in Reno, Nevada, as well as the services of an IP partner who represents the Kardashian family and newly minted Caitlyn Jenner. While Gordon Silver’s fate remains uncertain, Jenner is breaking new ground.
Legal industry job gains barely registered in May, continuing a pattern of anemic growth since the Great Recession.
The U.S. legal industry gained 300 jobs in May from April, essentially no growth from a month earlier. Legal services gained 3,400 jobs from May 2014 through May 2015, which also is flat growth according to BLS officials. But the number of jobs increased every month but March this year.
Will the trial of three former Dewey & LeBoeuf leaders leave the most important questions unanswered? Let’s hope not.
"I've never met a lawyer that would prefer to make a judgment than follow a rule," said one attendee, reflecting on U.K. and U.S. approaches to regulation.
Another week, another law firm combination in Chicago. Miller, Canfield, Paddock and Stone is poised to join several of its Detroit-based brethren in the Windy City by bolting on 10 lawyers from local boutique Kubasiak, Fylstra, Thorpe & Rotunno.
William Burck, a former deputy counsel to President George W. Bush, is advising soccer’s embattled world governing body on a massive corruption investigation initiated by the U.S. Department of Justice and the FBI. Sidley Austin has also been called in to counsel CONCACAF, while Clifford Chance, Cleary Gottlieb and Holland & Knight are lining up for individual defendants.
IP litigator Michael Simons recalls his early childhood growing up in a two-room log cabin three-and-a-half miles from the road in Canada’s northwest Yukon Territory. The Akin Gump Strauss Hauer & Feld partner says his upbringing helps him keep things in perspective during difficult trials.
On the heels of Avago Technologies' $37 billion buy of Broadcom, a handful of Am Law 100 firms have found themselves at the helm of another big microchip merger between two California-based companies.
Former Mayer Brown, Fried Frank and Goodwin Procter partner Michael Bromwich, a key figure in the Apple e-books antitrust case, has joined high-powered litigation boutique Robbins, Russell, Englert, Orseck, Untereiner & Sauber.
Missouri's Supreme Court showed little patience for former Lathrop & Gage partner Allison Bergman, who engaged in an undisclosed romantic and sexual relationship with a former client, the court said in handing down a disciplinary order of two years’ probation on May 26.
Less than two years after opening in Berlin, Morrison & Foerster is advising Rupert Murdoch’s Twentieth Century Fox on the production of a fifth season of hit cable drama “Homeland,” as it prepares to become the first major U.S. television show to film in Germany.
Deirdre Johnson and Fred Reinke—two former Dewey & LeBoeuf insurance partners now at Crowell & Moring and Mayer Brown, respectively—testified Wednesday that the now-defunct firm fudged already opaque financial data. Another witness, an accountant from PwC, then told jurors about lucrative guaranteed pay deals for firm partners.
McDermott Will & Emery adds 17 lawyers from K&L Gates and a Chicago-based IP boutique; three firms make additions through mergers; more McKenna Long & Aldridge partners peel away ahead of the latter’s deal with Dentons; and other notable hires from throughout The Am Law 200.
The global legal giant has expanded its Latin American presence by inking a cooperation agreement with Martinez Neira Abogados (MNA) in Bogota, Colombia.
A lawyer for former Dewey & LeBoeuf chair Steven Davis got aggressive during his cross-examination of former firm tax partner John Salmon. Elkan Abramowitz sought to dispel the notion put forth by prosecutors that Dewey & LeBoeuf’s executives did not provide partners with financial information about the now-defunct firm as it struggled to remain profitable during the recession.
So many options. So many ways to kill your career.
The National Football League Players Association filed its annual financial report with the U.S. Department of Labor, which shows that the powerful professional sports union has paid big money to lawyers from five leading Am Law 100 firms.
After months of tie-up talks, Syracuse, New York-based Hiscock & Barclay and Buffalo, New York-based Damon Morey have agreed to combine operations into a 275-lawyer entity called Barclay Damon.
As the second week of testimony in the criminal fraud trial of three former Dewey & LeBoeuf executives began Monday, defense lawyers attempted to put the most damaging evidence introduced by prosecutors into a context more favorable to their clients.
News that Linklaters is to finally modify its lockstep has raised fresh questions over the long-term future of the compensation system. But with some tinkering, lockstep may prove more durable than many think.
If more couples decided that he should stay home with the kids, women lawyers would thrive.
The two Am Law 200 firms are poised to expand in Boston and Chicago on June 1 by absorbing local boutiques.
Three partners head to Hogan Loveless; Fried Frank raids Kirkland & Ellis in London; another Dickstein Shapiro partner departs; a Florida firm goes on a hiring spree; and more notable additions from throughout The Am Law 200.
The veteran dealmaker took the lead for Time Warner Cable on its proposed $55 billion merger with Charter Communications, a deal that comes a month after the former's proposed combination with Comcast Corp. fell apart due to regulatory opposition.
The Yale Law Women's survey also credits Cadwalader, Duane Morris, Hogan Lovells, Hunton & Williams, Kirkland & Ellis, Morrison & Foerster, Munger Tolles, Orrick and Wilmer.
Latham & Watkins and Skadden, Arps, Slate, Meagher & Flom both had roles on two megamergers in the telecommunications and technology space this week: Avago's $37 billion buy of semiconductor maker Broadcom and the proposed $78 billion union of Charter Communications, Bright House Networks and Time Warner Cable.
Prosecutors in the criminal trial of Dewey & LeBoeuf’s three top executives seemed to find their groove for the first time Thursday in their questioning of a well-liked retired partner and former executive committee member.
There are more painless ways to make a six-figure salary.