Charlie Geffen, who led the British firm for five years until he was replaced by dispute resolution partner Ben Tidswell in 2013, is joining Gibson, Dunn & Crutcher's London office along with Ashurst corporate partner Mark Sperotto.
Charlie Geffen, who led the British firm for five years until he was replaced by dispute resolution partner Ben Tidswell in 2013, is joining Gibson, Dunn & Crutcher's London office along with Ashurst corporate partner Mark Sperotto.
While Gibson, Dunn & Crutcher's London office raided Ashurst for its former head, the two firms also worked on opposite sides of Arkansas-based Murphy Oil's $2 billion sale of assets in Malaysia to an Indonesian oil and gas giant.
Andrews Kurth and Akin Gump Strass Hauer & Feld are advising Enterprise Products Partners L.P., an energy pipeline investor headed by a Houston lawyer-turned-billionaire, on its $4.6 billion acquisition of a two-thirds stake in marine terminal operator Oiltanking Partners, which has retained Skadden, Arps, Slate, Meagher & Flom and Vinson & Elkins. Enterprise plans to eventually take full control of Oiltanking in a deal valued at roughly $5.8 billion.
As Bingham McCutchen mulls a merger with Morgan, Lewis & Bockius, a key factor in clinching any deal will be the participation of certain rainmakers. The Am Law Daily has a look at those individuals, some of whom have left the firm, and other notable moves from throughout The Am Law 200, such as significant acquisitions by Armstrong Teasdale in Denver, Fox Rothschild in Dallas and Quarles & Brady in Scottsdale, Ariz.
The ABA approved a number of changes to law school accreditation standards, many of which reduce ways law schools waste students' money and time.
Johnson & Johnson once again turned to longtime outside counsel Cravath, Swaine & Moore to advise on its $1.75 billion buy of privately held Alios BioPharma, a viral drug developer being represented by Latham & Watkins.
Nine months after Carl Icahn called for a split of eBay and PayPal, the San Jose-based online auction and retailing giant has turned to the activist investor's longtime nemesis, Wachtell, Lipton, Rosen & Katz, for legal counsel.
Welcome, Vincent Viola and Mark Walter. Another lawyer slips off the exclusive list. But don't worry—Leon Charney is still a billionaire.
Silicon Valley stalwart Wilson Sonsini Goodrich & Rosati is advising Tibco Software, the Palo Alto-based enterprise software company founded by Sacramento Kings owner Vivek Ranadive, on its proposed $4.3 billion sale to private equity firm Vista Equity Partners. The deal is the largest leveraged buyout in the technology industry so far this year.
Canada's Encana Corp. has turned to Paul, Weiss, Rifkind, Wharton & Garrison, Vinson & Elkins and Canadian firm Blakes, Cassels & Graydon for legal advice on its acquisition of Fort Worth-based Athlon Energy Inc. Latham & Watkins is representing Athlon.
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After months of partner departures, Bingham McCutchen has dipped into the lateral market to make some hires of its own by bringing on an energy partner in Washington, D.C., and a senior counsel in San Francisco. The Am Law Daily looks at those moves and other notable hires from throughout The Am Law 200.
Or perhaps it's a tax break. White & Case is the latest Am Law 100 firm to announce the opening of a global services center separate from its other offices. The legal giant, which grossed $1.44 billion last year, has moved 45 back-office staff positions to Tampa thanks to $300,000 in incentives from the Sunshine State.
One manifestation of structural problems with the current mechanism for funding legal education is, well, structures.
Women in finance say sexism is rampant, but they don't seem that bothered.
Richard Smith, head of regulatory and government investigations at Norton Rose Fulbright, has been hired by the National Football League Players Association for its investigation of the league’s indefinite suspension of former Baltimore Ravens star Ray Rice, who himself has retained former Crowell & Moring litigation partner Peter Ginsberg.
Despite worries over Western sanctions, a trio of Am Law 100 firms sidled up for the $700 million sale of Pabst Brewing Co. to Russia’s Oasis Beverages, while Russian veteran Cleary Gottlieb Steen & Hamilton advised aluminum giant United Company Rusal on its recent $5.15 billion debt restructuring.
Melbourne-based personal injury specialist Slater & Gordon, the world's first publicly traded law firm, is in talks to acquire Welsh trade union boutique Leo Abse & Cohen. A deal would be the Australian firm’s second U.K. takeover this month and its seventh since launching in the country in 2012.
The latest news about law schools and legal markets.
Four months after withdrawing from litigation in an East Texas federal court due to their former client's alleged falsification of evidence, Akin Gump Strauss Hauer & Feld partner Sanford Warren Jr., senior counsel R. Scott Rhoades and counsel Joshua Hedrick are starting their own firms in Dallas. Akin incurred roughly $5.4 million in legal fees by taking on a case for a company whose principals are now under criminal investigation.
The law firms are advising private equity firms EnCap Investments and Riverstone Holdings as they fund Mexico’s first independent oil and gas production company in nearly 75 years.
Bingham McCutchen lost four more partners to Akin Gump Strauss Hauer & Feld this week in Hong Kong and London, as the former continues to pursue a potential merger with Morgan, Lewis & Bockius. McCarter & English adds eight partners of its own through a merger, Jones Day hires another Latin American dealmaker and more notable moves from throughout The Am Law 200.
Canadian energy company Veresen Inc. has agreed to pay Global Infrastructure Partners $1.43 billion in cash for a 50 percent stake in Ruby Pipeline, a natural gas pipeline running from the Rockies to the West Coast.
Latham & Watkins, Gibson Dunn, Wachtell and Baker Botts are advising on the all-cash deal that sees German multinational engineering conglomerate Siemens AG acquiring Dresser-Rand Group, a Houston-based maker of compressors, steam turbines, gas turbines and engines for the oil and gas industry.
Women across the board do not aspire to be leaders.
German pharmaceutical giant Merck KGaA has agreed to buy Sigma-Aldrich Corp. for $17 billion in cash in Merck's largest takeover to date.
Rumored for weeks to be mulling a potential union, the two Am Law 100 firms saw their leaders reach an agreement on a merger deal Friday that could create a 2,100-lawyer firm with offices in 28 cities. The potential combination, which does net yet include a letter of intent, comes after months of lateral partner departures at Bingham. The firm has gone through a leadership change as it seeks to rebound from a tough year financially in 2013.
The Magic Circle firm's New York hiring spree continued, although one partner has left the London-based legal giant's office in Washington, D.C., for a top in-house job at Chevron. The Am Law Daily looks at those moves and more in our latest tally of notable hires from throughout The Am Law 200.
Our latest roundup of law firm lawsuits includes a malicious prosecution case against Latham & Watkins that was reinstated by a California appeals panel, as well as a suit against Yahoo Inc. and its lawyers at Baker & McKenzie, alleging that they conspired to get a big verdict against the tech giant overturned in Mexico.
Valerie Ford Jacob, the head of the capital markets group at Fried, Frank, Harris, Shriver & Jacobson, is leaving with partners Michael Levitt and Paul Tropp to join Magic Circle firm Freshfields Bruckhaus Deringer in New York. The moves are the latest high-profile lateral hires by Freshfields in the U.S.
A federal judge in Manhattan threw out a lawsuit filed by David Lola, a former contract lawyer for Skadden, Arps, Slate, Meagher & Flom, who accused the firm and its legal staffing agency, Tower Legal Staffing, of violating federal overtime pay laws. Lola's attorney vows to appeal the ruling.
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German software giant SAP has turned to Jones Day and Paul, Weiss, Rifkind, Wharton & Garrison for its $8.3 billion acquisition of enterprise software company Concur Technologies. The deal is one of a handful of major software transactions announced so far this month and third major M&A mandate in a week for Jones Day.
The two Am Law 100 firms are working on the $1.47 billion sale of a 48 percent stake in VKontakte, Russia’s answer to Facebook, by United Capital Partners to a company controlled by oligarch Alisher Usmanov. The deal, which raises questions about Russia's commitment to Internet freedom, also comes amid increased tensions between the country and the West and sanctions against some Russian businesses as a result of the ongoing crisis in Ukraine.
A flurry of real estate transactions totaling $6.9 billion has yielded work for several Am Law 100 firms, including Simpson Thacher & Bartlett, Wachtell, Lipton, Rosen & Katz, Willkie Farr & Gallagher and Goodwin Procter.
Four Am Law 100 firms are facing off in a $2.2 billion takeover fight involving Endo International's bid to acquire Auxilium Pharmaceuticals, a deal that would stymie a $345 million tax inversion deal forged by the latter this summer with Canadian biotechnology firm QLT. Skadden, Arps, Slate, Meagher & Flom, which is currently advising Auxilium, has also done inversion work for Endo.
Women are losing ground in client origination, says study.
Akin Gump Strauss Hauer & Feld announced Wednesday morning that most of Bingham McCutchen's London and Frankfurt offices, along with a third of Bingham's Hong Kong office, will be joining the firm in one of the more high-profile mass lateral defections in recent memory.
Jorge Alers, a former head of the Latin American practice at two Am Law 100 firms and most recently general counsel for the Inter-American Development Bank, is on the lookout for potential combinations as the new CEO of Dentons' Latin American and Caribbean group. The Am Law Daily takes an in-house focused look at the latest round of notable hires from throughout The Am Law 200.
The Magic Circle firm has hired Shearman's M&A partner Peter Lyons as it continues to boost its ranks in U.S. transactional work.
The American Lawyer announced Monday the winners of its Global Legal Awards grand prizes. In the climax of a thrilling event at Gotham Hall in New York City, four grand prizewinners were chosen from more than 270 nominations to be named as the year's best cross-border legal work across corporate, finance, disputes and citizenship.
Monday was a big day for health care company mergers, with Latham & Watkins, Kirkland & Ellis and Skadden, Arps, Slate, Meagher & Flom taking the lead on two deals with a combined value of nearly $5 billion.
Simpson Thacher & Bartlett and leading German shop Gleiss Lutz are advising Michigan-based TRW Automotive on its $11.74 billion sale to Germany’s ZF Friedrichshafen, advised by Sullivan & Cromwell. Gibson, Dunn & Crutcher is counseling another party to the deal, which if completed will create the world's second-largest auto parts supplier.
Less than a week after insurer Syncora dropped its opposition to Detroit's plan to emerge from Chapter 9 bankruptcy, the company and its lawyers at Kirkland issued an extraordinary public apology Monday for attacking the motives and good faith of the two mediators working on the city's reorganization.
Sidley Austin has hired Cameron Kerry, a former general counsel and acting secretary at the U.S. Commerce Department and younger brother of U.S. Secretary of State John Kerry, as senior counsel in Boston and Washington, D.C. The Am Law Daily looks at Kerry's hire and more in our latest roundup of lateral moves throughout The Am Law 200.
Thomas Kruger, a corporate partner with Paul Hastings in New York, earlier this month helped good friend Kathleen King sell her famous Tate's Bake Shop this week to private equity firm The Riverside Company. The deal marks the end of a long journey for King, who more than a decade ago lost the name to the company she founded in Southampton, N.Y.
Meanwhile, a 47 percent gap between female and male partner pay isn't closing, says the new survey from Major, Lindsey & Africa.
Summer associates are generally a happy bunch. But some are happier than others, like those who spent the summer at Boston-based Choate Hall & Stewart, which tied with Foley Hoag for No. 1 in The American Lawyer's 2014 Summer Associates satisfaction survey.
Three-and-a-half months after Cleveland-based Squire Sanders and Washington, D.C.-based Patton Boggs' merger into Squire Patton Boggs went live, the firm still has a split identity online.
Sen. Elizabeth Warren is promoting legislative relief for student debtors, but some law schools are poster children for the larger problem.
Constantine Kyres, who headed the tax group in Dentons’ Montreal office until earlier this year, has been accused of extortion and obstruction of justice by prosecutors in Canada as a result of a long-running corruption probe involving engineering giant SNC-Lavalin and the government of former Libyan dictator Muammar Gaddafi. But Kyres' lawyer plans to fight the charges.
Spanish legal giant Uria Menendez, an alliance partner of Magic Circle firm Slaughter and May, has agreed to take a 30 percent stake in Latin America’s first major cross-border law firm merger between Chile’s Philippi Yrarrazaval Pulido & Brunner and Colombia’s Prietocarrizosa. The trio will form Philippi Prietocarrizosa & Uria, a 220-lawyer firm with offices in both countries.
The two Am Law 100 firms are handling Eastman Chemical Company's purchase of global specialty chemical company Taminco Corp. for $1.8 billion in cash, plus debt.
A handful of Am Law 100 firms took lead roles on recent deals in the financial services sector, including Wachtell, Lipton, Rosen & Katz; Willkie Farr & Gallagher; Skadden, Arps, Slate, Meagher & Flom; and Squire Patton Boggs.
Edwards Wildman Palmer and Locke Lord firm leaders speak with The Am Law Daily about the forces that drew their firms together and the timeline for a combination that would create Locke Lord Edwards sometime by January 2015.
It's not what you think: New study sheds light on why women aren't going for partnership and promotions.
The two Am Law 100 firms, both of which are no stranger to combinations, have tentatively agreed to push forward with a potential merger that would create Locke Lord Edwards, a 1,076-lawyer firm with offices in 23 cities.
Faegre Baker Daniels is representing General Mills in its $820 million purchase of organic food company Annie's as the company looks to capitalize on the rapidly growing demand for organic and natural foods. Proskauer Rose is counseling Annie's.
The IP litigation exodus from Kirkland & Ellis continued this week as partners William Devitt and Matthew Hertko decamped for Jones Day in Chicago. The Am Law Daily has a look at those moves and more in our latest roundup of notable hires from throughout The Am Law 200.
In what could be the largest-ever sale of a National Football League team, Proskauer Rose is advising the estate of the late Ralph Wilson Jr. on its agreement to sell the Buffalo Bills to shale gas industry billionaire Terrence Pegula for a reported $1.4 billion. A handful of other regional and Am Law 100 firms also have roles related to the sale.
Davis Polk, Jones Day, Sidley Austin and Wachtell Lipton advised on two cross-border M&A transactions with a northern European twist worth a combined $4.7 billion.
James Roome, a London-based managing partner, global financial restructuring cochair and executive board member at Bingham McCutchen, could lead an overseas exodus of international partners from the firm should it push forward with merger talks with Morgan, Lewis & Bockius. Roome's potential departure from Bingham would be a huge blow to the firm, which recently revamped its leadership structure and compensation system after a tough year financially in 2013.
The American Lawyer's annual survey measuring the satisfaction of summer associates employed by the nation's law firms. Firms are scored based on associate ratings of the firm's qualities, including interest and satisfaction with the work, benefits and compensation, interaction with partners, training, and more.
Baker & McKenzie, Jones Day, Norton Rose Fulbright and Squire Patton Boggs all experienced churn to their robust partnership ranks in the first week of September; a high-profile in-house lawyer joins Ballard Spahr as a Bingham McCutchen partner heads the other way; and Milbank brings on a top federal prosecutor in our latest look at notable hires from throughout The Am Law 200.
Chinese e-commerce giant Alibaba Group Holding filed papers Friday seeking to raise more than $21 billion in an initial public offering on the New York Stock Exchange later this month. The company's prospectus also reveals a lucrative payday for its outside lawyers, generating $15.775 million in legal fees and expenses.
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The legal sector wiped out its employment losses in July by adding 3,300 jobs in August—its largest monthly gain so far this year, according to the latest figures released Friday by the U.S. Bureau of Labor Statistics.
September's deluge of deals didn’t leave out Canada. Hogan Lovells and a half-dozen leading firms up north grabbed roles this week on two transactions in the financial services and construction industry totaling roughly $5 billion.
A trio of Am Law 100 firms are getting the fourth quarter started with a pair of beer industry deals. Gibson, Dunn & Crutcher and Moelis & Co.—the new home of Eric Cantor—are advising Heineken on the $1.2 billion sale of its Mexican packaging unit, while Jones Day has taken the lead for private equity firm Riverside on its purchase of a Salt Lake City-based craft brewer.
The American Lawyer Global Disputes of the Year honor the winning team in transnational cases regardless of the venue.
Sher Kung, best known for her work on civil rights advocacy cases, including the American Civil Liberties Union lawsuit that helped overturn the military's Don't Ask, Don't Tell policy for gay service members, was killed on Friday while bicycling to work in downtown Seattle.
The Magic Circle has had its problems trying to make inroads in the U.S., but Freshfields Bruckhaus Deringer, one of the London-based legal giants that has perhaps had the most success stateside, is ramping up its bid for transactional work in New York by hiring two former partners from Wall Street stalwarts Wachtell, Lipton, Rosen & Katz and Skadden, Arps, Slate, Meagher & Flom. The new additions come after Freshfields recently saw two partners depart from its U.S. ranks.
Weil, Paul Weiss and Cravath advised on the $3.03 billion sale of Prestige Cruises International to Norwegian Cruise Line Holdings as it looks to become the next big name in luxury ocean cruises.
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Weil, Gotshal & Manges, which experienced an exodus of partners in Dallas last year, has made a key corporate hire in the city. The Am Law Daily looks at that move as well as more departures from Bingham McCutchen and Kirkland & Ellis, tie-ups by DLA Piper and Hinshaw & Culbertson and some prominent lawyers leaving public service in our latest look at notable hires from throughout The Am Law 200.
Hinshaw & Culbertson, a 460-lawyer regional midwestern Am Law 200 firm based out of Chicago, has agreed to merge on Oct. 1 with California's Barger & Wolen, a 45-lawyer shop that also has outposts in New York and London. The deal, which has been approved by the partnerships of both firms, will give Hinshaw its first overseas office.
Four former Dewey & LeBoeuf executives filed new motions late last week asking the New York State Supreme Court to throw out charges of grand larceny and fraud linked to the firm's collapse, claiming Manhattan prosecutors failed to produce evidence of criminal intent and incorrectly instructed a grand jury about accounting rules the men are accused of abusing.
In this category, The American Lawyer Global Citizenship Awards honor global matters dedicated to the spirit of pro bono and social responsibility.
The city's proposed plan to emerge from the biggest municipal bankruptcy is fraught with complexities. Among the issues to be argued by several Am Law firms during the six-week trial, which begins Tuesday, is whether securities holders insured by Syncora Guarantee Inc. are getting their fair share.
In this category, The American Lawyer's Global Legal Awards honor the 10 cross-border deals and disputes of 2013 that best exemplify the challenges of transnational legal practice.
Two more IP litigation partners leave Kirkland & Ellis, a Bingham McCutchen corporate partner goes in-house, Jones Day scores a Latin American dealmaker and Ropes & Gray grabs a high-profile private equity partner in our latest look at notable hires from throughout The Am Law 200.
Armed with a battalion of lawyers from Skadden, Ropes & Gray, Jones Day and Curtis Mallet-Prevost, warring factions of the family-owned Market Basket grocery stores announced a truce Thursday in their fight for control of the chain, with minority shareholders agreeing to buy out majority shareholders.
The Silicon Beach photo messaging service Snapchat was valued at $10 billion this week following an investment from venture capital firm Kleiner Perkins Caufield & Byers. Behind the startup's rapid rise to fame are a handful of firms, including Cooley, which does most of Snapchat’s outside legal work, and others like Perkins Coie and Quinn Emanuel Urquhart & Sullivan. Snapchat CEO Evan Spiegel is the son of two lawyers with Am Law 100 ties.
The American Lawyer takes a look at firms where respondents to our Midlevel Associates Survey reported taking the most and the fewest vacation days in 2013. The average number of days taken was 12.50.
As lead advisers for Burger King on its $11.4 billion tie-up with Canadian coffee-and-doughnut chain Tim Hortons, William Sorabella and David Feirstein helped oversee one of the most visible corporate tax inversions yet.
Over the past nine months, the Los Angeles-based firm has lost 14 lawyers in its city-state office. Why have so many left, and what does O'Melveny plan to do next?
The firm plans to man the office, which will open next month, with 120 employees by the end of the year, and eventually ramp up to as many as 250 employees within the next three years.
In this category, The American Lawyer's Global Legal Awards recognizes the 10 deals that best exemplify the challenges of transnational finance practice, from capital markets offerings to capital restructurings to infrastructure projects conceived on a vast scale.
Michael McGuinness, a corporate partner and former head of the Latin American M&A practice at Shearman & Sterling in New York, has left the firm for Jones Day, which over the past year has sought to slake its thirst for south-of-the-border clients by opening an office in Miami and making key lateral hires.
Pepper Hamilton Chairman Louis J. Freeh, a former judge and director of the FBI, was in a New Hampshire hospital Tuesday after suffering serious injuries in a one-car accident in Vermont.
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The two fast-food chains have agreed to an $11.4 billion tie-up that would send the combined company's headquarters up to Canada in the latest controversial tax inversion. Advising on the deal are Kirkland & Ellis, Paul Weiss, Wachtell and Munger Tolles, along with Canadian firms Davies Ward and Osler, Hoskin & Harcourt.
After a short stint at Pillsbury Winthrop Shaw Pittman, a pair of former Patton Boggs litigators have joined several former colleagues at Manatt, Phelps & Phillips; a Sidley Austin litigation cochair goes in-house; a former Thelen firm leader retires; and more notable moves from throughout The Am Law 200.
The e-commerce giant will pay $970 million cash for San Francisco-based Twitch Interactive Inc., a videogame streaming company that attracted about 55 million unique users last month.
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Gibson Dunn and Paul Weiss provided legal counsel on private equity firm Oak Hill Capital Partners' acquisition of container maker Berlin Packaging LLC from Bahrain-based investment firm Investcorp Bank BSC.
Law firms are trading down in square footage per attorney when they take out new leases, and increasingly are looking for flexible, more economical spaces in line with the corporate clients they serve, commercial real estate experts say.
In its biggest deal since its $46.8 billion takeover of Genentech in 2009, Swiss drug giant Roche has turned to Davis Polk & Wardwell for counsel on its $8.3 billion buy of suburban San Francisco-based lung disease drug developer InterMune, which is being advised by Cravath, Swaine & Moore and a Chicago IP boutique.
All the gossip and shallow news fit for August.