The company announced that it stands to take home roughly $140 million from an investment in a case brought on behalf of Spanish investors in two Argentinean airlines.
The company announced that it stands to take home roughly $140 million from an investment in a case brought on behalf of Spanish investors in two Argentinean airlines.
Juan Arteaga, a former associate and counsel at Simpson Thacher & Bartlett who most recently served as a deputy assistant attorney general for civil enforcement at the U.S. Department of Justice in Washington, D.C., has joined Crowell & Moring as an antitrust partner in New York.
Freshfields Bruckhaus Deringer has hired Paul, Weiss, Rifkind, Wharton & Garrison counsel Menachem Kaplan as a partner and head of its U.S. intellectual property practice in New York.
Defections hit Reed Smith in New York, where four mass tort litigators joined King & Spalding, and also in London.
A culture of work-related drinking persists in many places in Big Law—and that can cause problems in a profession that is especially prone to heavy drinking.
Despite regulating spam emails, the federal CAN-SPAM Act may do little to prevent phishing spam from reaching your inbox.
The latest Mergermarket M&A report deserves similar scrutiny. At first glance, it paints a remarkably rosy picture for European corporate lawyers.
UK insurance giant Clyde & Co is opening its ninth office in the U.S., with a launch in Los Angeles.
A reorganization of the Anglo-Australian legal giant's U.S. finance practice—a remnant of now-defunct McKee Nelson—will see at least five partners join Chapman and Cutler in New York.
New court documents show that Quinn Emanuel dropped Uber as a client last year after finding the company's fixed fee arrangements unsatisfactory.
While Marc Kasowitz's role on President Donald Trump's legal team has been diminished, the "uberlitigator" still has a bevy of commercial cases on his plate back in New York.
Ty Cobb, in his first interview since taking a White House counsel job related to the Russia investigation, explained why he agreed to work with President Donald Trump and what he expects to do.
As remote working technologies improve and real estate costs skyrocket, some firms are putting their satellite offices in the cross-hairs.
A Massachusetts appellate court ruled Friday that Wilmer Cutler Pickering Hale and Dorr must face allegations that it improperly helped the majority owners of a biotechnology company client freeze out the company's minority shareholders.
Tapped to serve as President Donald Trump's communications director, Anthony Scaramucci told a group of Harvard law students last year to follow his lead and dial back the bravado.
The deal continues Dentons' international expansion of late and gives Maclay a long-awaited merger partner.
Krevans, the former head of Morrison & Foerster’s intellectual property practice who helped lead Apple’s ferocious legal battle with Samsung over smartphone technology, died Wednesday of cancer at age 60.
The deal with Liner LLP, a boutique known for representing entertainment industry clients ranging from film studios to Bill Cosby, boosts DLA Piper's presence in Southern California.
Danielle Joy "DJ" Healey, a senior principal in the IP boutique's Houston office, has announced she is transgender and now living as a woman.
It's been six months since shortlists for U.S. attorney started circulating in the Southern District of New York and elsewhere.
While it might be easy to read a recent report as a confirmation of how the system fails Asian-Americans, it actually paints a more complicated picture.
Greenberg Traurig and Husch Blackwell are tapped for bankruptcies in Hawaii and Texas that count several law firms among leading creditors.
A pristine start to a Big Law career has been derailed for a former editor-in-chief of Harvard Law School’s International Law Review who joined Linklaters in 2015.
Law firms are honored for excellence in global work in four main categories: disputes, finance, citizenship and mergers and acquisitions.
Brad Scheller usually gets to work around 7 a.m. In his New York office, the patent litigator at Mintz, Levin, Cohn, Ferris, Glovsky and Popeo keeps a spare, stand up string bass. It's not performance-ready, but his wife wanted it out of the house.
The rhythms of university life beckoned to a pair of Big Law veterans on either coast this summer, with partners departing Akin Gump Strauss Hauer & Feld and Gibson, Dunn & Crutcher for academic positions.
The Florida-based Am Law 100 firm has welcomed aboard Mark Kalpin, co-chair of the energy and cleantech group at Wilmer Cutler Pickering Hale and Dorr, as well as education and employment partner Janet Judge, who joins from her own solo shop.
The SEC wrote to Southern District Judge Valerie Caproni on Tuesday, indicating a possible deal with Dewey & LeBoeuf executive Joel Sanders, who was convicted in May of scheming to defraud investors in his former firm.
Cohen Milstein Sellers & Toll, a plaintiffs firm that has a track record of partnering with public sector clients, earned $5.4 million for its work on behalf of Chicago in a suit looking to collect higher taxes from Expedia Inc.
Charles Miller, who practiced for 11 years at Kasowitz Benson Torres, has moved to Tarter Krinsky & Drogin, where he will lead the midsize firm's new securities and financial services litigation group.
A former floating secretary who left the elite trial firm in 2015 claims he was subjected to racial slurs by a trial logistics director during the high-profile 2014 patent trial of Apple v. Samsung.
White & Case has been fined a record £250,000 ($325,700) by the U.K.'s Solicitors Disciplinary Tribunal for failing to identify a conflict of interest and protect confidential financial information in a $2.6 billion dispute involving Ukrainian oligarch Victor Pinchuk.
On the heels of a bombshell report by BuzzFeed that he runs a “sex cult,” R&B icon R. Kelly has retained a longtime lawyer to deny the shocking allegations. That attorney, Chicago's Linda Mensch, joined her current firm last year after leaving Bryan Cave in the aftermath of a suit filed against her, the firm and her star client.
Kim Severson, a trusts and estates partner at Dorsey & Whitney in Minneapolis and head of the firm's nonprofit foundation, has been tapped to serve as chair of its policy committee. Severson is the first woman to hold the firm in the firm’s 105-year history.
I try to keep it light and frothy during the heat of the summer. So here's my selection of news and gossip that you shouldn't miss.
A lawsuit against the firm by ex-client NextEra Energy is the latest in what appears to be a growing wave of bankruptcy-related malpractice cases facing law firms.
Fish & Richardson and client Gilead Sciences Inc. are slated to receive nearly $14 million in legal fees after exposing patent misconduct by Merck & Co. Inc. that helped Gilead shake off a $200 million infringement verdict.
The firm says it is the first to create a dedicated impact finance attorney position.
Nancy Mertzel, chair of the IP group at Herrick, Feinstein since coming aboard in late 2015, has left the firm to start her own New York-based shop called Mertzel Law.
The former Wall Street hedge fund employee stole his ex-coworkers' identities to get fraudulent loans, according to prosecutors.
Experts say that the settlement, announced for $11.2 million earlier this month, made sense for all parties involved.
Rimon has reeled in Orrick, Herrington & Sutcliffe commercial and intellectual property litigation partner Matthew Poppe in Palo Alto, California, and San Francisco. Poppe, who spent nearly 22 years at Orrick, is now a partner at Rimon, a small firm using part of the virtual model.
Struggling retail chains shopping for law lawyers in what might well become the year of the retail bankruptcy saw several of their ailing brethren dip into the Big Law ranks this month for a trio Chapter 11 cases. And Wachtell, Lipton, Rosen & Katz, a firm not down for advising debtors, appears to have a role in one case.
Like the temperature, the market for energy lawyer laterals is heating up in Texas.
An IP litigation duo is the latest to break away from Stroock & Stroock & Lavan in New York.
The Vocke Law Group, a small financial services and insurance firm founded late last year by former General Re Corp. general counsel Damon Vocke, has made its first new additions by bringing on two lawyers for its office in Stamford, Connecticut.
A Philadelphia federal judge has refused to dismiss claims that lawyer John Dowd allegedly defamed baseball player Pete Rose.
London-based Wiggin has hired Collette Rawnsley from Shearman & Sterling.
Generic pharmaceutical manufacturer Lannett Co. Inc. has appointed its longtime outside lawyer to serve as chief legal officer and general counsel.
Washington Wrap is a weekly roundup of Big Law hires and other Washington, D.C., legal industry news.
E-discovery veteran Wendy Riggs discusses the compliance challenges of dealing with homegrown tools and ever-evolving technology platforms.
Brian Cuban, whose billionaire brother Mark Cuban owns the NBA team the Dallas Mavericks, talks about his new book focused on addiction and recovery.
The information employers find about potential candidates could be used against them in discrimination suits, lawyers warn.
The Wilmer bigwig no longer represents Jared Kushner related to ongoing Russia investigations, but she continues to advise him on ethics issues and regarding his security and financial disclosures. That too will end but it's “hard to know” when, she said.
Ty Cobb's appointment to represent the president comes as other Hogan Lovells' partners' work to oppose the administration.
The Dublin-based law firm is bringing on technology and privacy partner Chris Bollard from Arthur Cox to co-manage the new office with partner Mark O'Sullivan.
After telling a critic to "Watch your back, bitch," in a series of profanity-laden emails, Marc Kasowitz said it was "one of those times where one wishes he could reverse the clock."
In a significant acquisition of corporate tech attorneys, Cooley has hired four partners in New York and Washington, D.C., from rival Wilson Sonsini Goodrich & Rosati. Cooley also has plans to hire up to 20 more lawyers to support their business, which could generate millions for the firm.
Want a break from all the messy news about Donald Trump Jr. and Russiagate? Let's cut to some other topics that are roiling America.
Now we know which nine McDermott partners are jumping to Winston & Strawn along with employee benefits practice head David Rogers—and it turns out Rogers is far from the only leader in the group.
Taylor English Duma has grown to 150 lawyers in Atlanta in 12 years. Now it's recruiting lawyers all over the country to work remotely with its "hub" of lawyers in the Peach State.
Fei Yan, 31, was arrested on Wednesday on insider trading charges in a case that alleges he profited from knowledge garnered by his wife, a Linklaters associate working on M&A deals.
Besides the political drama amid probes into the Trump campaign's Russia ties, the report may have special resonance in a legal industry struggling with substance abuse issues.
The plaintiffs firm's unique team of lawyers, engineers and computer science experts can deconstruct devices and apps to determine whether there are privacy or data security concerns.
The firm revealed in a filing Wednesday that it accidentally kept copies of some documents from Anthony Levandowski, who is accused of stealing over 14,000 files from Google's self-driving car division.
The dangerous path Big Law is headed down and what it has to do to change course.
After nearly four years as the Federal Trade Commission's top antitrust enforcer, Debbie Feinstein is returning in September to Arnold & Porter Kaye Scholer, where she will lead the global antitrust group, the firm said Wednesday.
With an interest in pleasing clients, law firm leaders mostly voiced enthusiasm for a plan by 25 GCs to share data on how they’ve performed. But they realize it could create winners and losers.
Announcing a real-time exercise to test industry assumptions and understand how to improve the legal market and relationships between law firms and clients.
Whether we’re talking lawyers or married couples, some relationships manage to stay strong over the long run. What’s the secret? The GC Thought Leaders Experiment tackles that question.
Pittsburgh's growing startup and technology scene is hardly a secret. And now it's drawing the eyes of large law firms across the United States, as they begin to notice what local firms have been tapping into for years.
Law firms whose partners leave for plum jobs with the SEC are not touting the moves.
A Citi Private Bank survey of managing partners’ confidence in the second half of 2017 shows they are more bullish on demand, despite meager growth in the first quarter.
Ballard Spahr has closed its office in San Diego, the firm confirmed Tuesday, after losing two partners to Dinsmore & Shohl, and transferring other lawyers to its Los Angeles office.
With an annual salary of roughly $6.3 million per year, Christopher Wray is a rarity among Big Law equity partners, particularly for partners at Atlanta-based firms.
Thanks to law professors Joanna Grossman at Southern Methodist University and Deborah Rhode at Stanford University, we now have a primer on sexual harassment on the job.
Three years after Steptoe & Johnson's arrival in the Bay Area, the firm has relocated all 10 attorneys from its Palo Alto office to 1 Market St. in downtown San Francisco.
Nixon Peabody is moving into Raleigh, North Carolina, after hiring four partners away from K&L Gates.
Just like his father, Donald Trump Jr. has turned for representation to a New York lawyer who is relatively unknown in Washington political circles.
Florida-based Hildebrandt and London-based Jomati said their own law firm clients pressed them to join forces.
Sidley Austin is stuck facing a proposed class action accusing it, along with fellow law firm Tonkon Torp and a set of accounting firms and banks, of contributing to an alleged securities fraud by now-defunct investment fund Aequitas Management LLC.
As the tech market continues to boom in New York, Cooley has added Greenberg Traurig M&A partner Meredith Beuchaw to its global mergers and acquisitions practice, the firm announced on Monday.
The price might have impressed late, late owner Henry O'Melveny—as would his firm's current average profits per partner.
Industry thought leader Mark Cohen responds to a recent piece in The American Lawyer on why there isn't more change to the business model of legal service delivery.
Clifford Chance (CC) is aiming to grow US revenues to 20% of its total fee income, as the firm continues its efforts to ramp up its Stateside presence.
Magic Circle firms have been reporting their annual financials, and Freshfields stands out as having had a particularly challenging year.
Littler Mendelson's William Emanuel, one of President Donald Trump's nominees to the National Labor Relations Board, identified 49 former clients in a financial disclosure and said he would recuse himself, for up to a year, if any of the companies appear before the agency. Emanuel and fellow NLRB nominee Marvin Kaplan are set for confirmation hearings Thursday.
Christopher Wray, the King & Spalding white-collar partner who was nominated to replace fired FBI director James Comey, reported earning $9.2 million in his partnership share from 2016 and so far this year, according to financial documents made available Monday. Wray, a King & Spalding partner for nearly 12 years in the firm's Washington and Atlanta offices, also revealed numerous big-name clients in the required disclosure, released by the U.S. Office of Government Ethics. Wray is set to appear Wednesday for his confirmation hearing.
Despite early uncertainty about market volatility, global M&A activity is up 2 percent compared to last year, totaling $1.6 trillion for the first half of 2017, according to league tables released by Bloomberg LP and Thomson Reuters Corp. Skadden topped league tables when measured by number of deals by value during the first half.
Jaikaran "Jai" Singh, a former partner at Luce, Forward, Hamilton & Scripps and McKenna Long & Aldridge in San Diego, has become the latest alum of both firms to leave successor entity Dentons. Singh is now a member of the consumer law, finance and class action litigation group at Foley & Lardner.
Donald Vieira, a former chief of staff in the U.S. Department of Justice's national security division and leader of Wilson Sonsini Goodrich & Rosati's CFIUS and national security practice, has left the firm's office in the nation's capital for Skadden, Arps, Slate, Meagher & Flom.
The star litigator and same-sex marriage defender has launched her own firm, Kaplan & Co. LLP, after more than two decades at Paul, Weiss, Rifkind, Wharton & Garrison.
The global legal giant is still recovering from last week's massive cyberattack, with insurance brokers claiming that the resulting upheaval could lead to costs "in the millions" for the firm.
The U.S. legal industry added 2,000 jobs in June as the country's overall economy also posted employment gains, according to preliminary figures released Friday by the federal government.
The London-based legal giant is being investigated by the U.K.'s Solicitors Regulation Authority over its controversial role in a long-running dispute involving oil and gas client Excalibur Ventures.
David Rogers, the leader of McDermott Will & Emery's employee benefits practice and a recent nominee to take over as chair of the firm, is leaving with a group of nine other lawyers to join Winston & Strawn.
Cadwalader, Wickersham & Taft and Greenberg Traurig picked up a pair of former in-house legal chiefs from The Goldman Sachs Group Inc. this week on two different continents.
The San Francisco-based Am Law 200 firm, which has been dealing with a series of lateral defections in 2017, has quietly closed an office in Austin, Texas. The move by Sedgwick comes on the heels of other office closures in South Florida and Texas.
Norton Rose Fulbright can be added to a $100 million gender bias suit filed last year against its merger partner, Chadbourne & Parke, a federal magistrate judge ruled Wednesday.
Baker Botts and Davis Polk & Wardwell played leading roles in the combination of two video shopping giants, Pennsylvania's QVC and St. Petersburg, Florida-based HSN Inc.
Even in the face of harassment, rumors and other inconveniences, female lawyers are forging ahead.
Carolyn Kubota, a litigator and former member of the policy committee at O’Melveny & Myers, has joined Covington & Burling's new office in Los Angeles.
The global legal giant has started a consulting business for its financial services clients in the U.K. after hiring Steve Murphy from his role as a director at PricewaterhouseCoopers LLP.
Cross-border combinations continued to propel law firm merger activity through the second quarter of 2017 as U.S. firms continue to look outside the domestic marketplace for growth opportunities, according to reports released Wednesday by legal consultancies Altman Weil Inc. and Fairfax Associates.
In the age of at-your-fingertips social media, some defense attorneys are struggling with a new challenge: controlling their own clients.
Salil Gandhi, of counsel at Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, is poised to join Goodwin Procter's technology companies group as a partner in New York as the latter looks to capitalize on a growing market for tech clients in the Big Apple.
A jury has awarded $180,000, including punitive damages, to a former associate of Ronald A. Blumfield P.C., who claimed the firm failed to pay him origination fees promised in his employment agreement.
The firm's proposed union with Morris Polich & Purdy will create a combined shop of nearly 450 lawyers in 16 offices stretching coast to coast. Clark Hill, which ranked No. 167 on The Am Law Second Hundred list, brought in $150.5 million in gross revenue last year.
The early results of our Summer Associates Survey show a slight decline in hiring.
Cozen O'Connor is accusing a partner's ex-client of using a complaint against the firm to delay a multimillion-dollar construction law arbitration, after the former client alleged that a group of lawyers handled conflicts improperly when they joined the firm from Pepper Hamilton.
The growing global legal giant has opened an office in Tashkent, Uzbekistan, after absorbing a 10-lawyer local firm. Dentons also released financial results showing an increase in gross revenue for its U.K. arm in 2016-17, although partner profits fell 9 percent.
David Asmus and Brian Bradshaw have moved to Sidley Austin's Houston office from Morgan, Lewis & Bockius.
When downsizing becomes necessary, it can be an extremely difficult and emotional process. However, a messy breakup benefits no one. Law firms can instead invest the time and resources to help ensure a smooth transition for the departing attorneys and staff.
The two Am Law 100 firms are advising on an initial public offering valuing the New York-based, meal-kit delivery company at $1.89 billion. Wilmer is also netting a seven-figure fee for its work.
A breach of contract or dog racism? It depends on who you ask. Michelle Kelban-Carteron, co-chair of the real estate practice at Latham & Watkins, has retained a high-powered New York real estate lawyer to press the cause of her five-year-old pit bull, Luna.
The Wall Street firm has joined the growing ranks of elite law firms turning to artificial intelligence in an attempt to cut costs and improve efficiency by signing a deal with British software company Luminance, which is part-owned by Magic Circle firm Slaughter and May.
Though gender equality and diversity seem to top everyone's priority list these days, being slapped with a discrimination claim has surprisingly few repercussions.
Don’t micromanage. Be accessible. Mentor your employees. After leading the Justice Department’s criminal division, Leslie Caldwell and Alice Fisher have a few words of wisdom for corporate counsel and law firm managers. Fisher is now a partner at Latham & Watkins, where Caldwell, just five months out of the Department, will join her in September. In this podcast, the National Law Journal sat down with Caldwell and Fisher to talk about management, leadership, and what to watch at DOJ under President Donald Trump.
The 50-person tech center will house all of the immigration firm's software development and cybersecurity functionality, serving as an innovation hub to develop technology for client-facing services.
France has long been a challenging place in which to do business. The historically left-leaning country's high taxes and tough labor laws often have made it a frustrating market for international investors—and their lawyers.
When a seemingly happy and successful associate announces the decision to move on, his or her firm can be left feeling shocked and confused. This article provides insight behind these moves, and what law firms can do to make their top associates want to stay.
E-discovery professionals and litigators need to think differently about digital evidence, says Scott Reents. "The bigger story is that there is all this information out there, and we're drowning in it."
A federal appeals court has cleared Mayer Brown of a proposed class action accusing the firm of negligence and malpractice over a mistake made in 2008 in connection with a $1.5 billion loan extended by JPMorgan & Co. to General Motors Corp.
The deal with Chadbourne & Parke is done, but there's still work to do, and some questions linger.
Thanks to its latest combination, serial acquirer Norton Rose now has around 4,000 attorneys, a quarter of which are in the United States, as well as a network of 58 offices in 32 countries, and annual revenues of about $2 billion.
Don't want to get sued for legal malpractice? Here's one over-lawyerly solution: Don't hire laterals. A survey of malpractice insurers states that conflicts of interest, often arising from lateral recruits, is the most common reason for malpractice suits.
After three days without phones and email following a cyberattack across Europe, DLA Piper's U.S. operation is back up and running.
Labaton Sucharow has hired four new lawyers in its securities litigation practice, adding one in its New York office and three others who will beef up the firm's recently launched Washington, D.C., outpost.
Is there a secret to the failure of so many firms to challenge the city's established elite? Or is their failure overstated?
The Fourth of July is coming up, so it's no time for serious news. Here's a roundup for some oddly amusing/curious news and gossip for you to digest by the pool or beach.
Global giant Norton Rose Fulbright and Manhattan-based Chadbourne & Parke finalized their merger Friday, ending Chadbourne’s 115-year run as an independent firm.
A little more than a year after launching in the United States under the leadership of a former Proskauer Rose lawyer and restaurateur, litigation funder Therium Inc. is expanding in New York.
Sexual assault allegations against Larry Nassar, a former team physician with the USA women's gymnastics national team and an ex-employee at Michigan State University, has created key litigation and investigatory roles for a handful of large law firms. And the billable hours are increasing.
A Jones Day partner who's defended major companies against discrimination lawsuits is President Donald Trump's pick to lead the Justice Department's Civil Rights Division
A retired court of appeal judge who was once accused of "social cleansing" has been appointed to lead the public inquiry into the Grenfell Tower tragedy.
After a Houston lawyer learned his photo is on the website of a fictitious estate planning firm in Houston, the firm is hit with a lawsuit and an investigation.
Takata was among the clients Dechert partner Steven Bradbury, President Trump's nominee for Transportation Department general counsel, identified on his financial disclosure form. "I recognize that I am recused for my entire time as general counsel, if I am confirmed, from all aspects of Takata recalls," Bradbury said. He reported earning nearly $1.15 million from Dechert between January 2016 and May 2017.
Big employers may be feeling some relief now that the Occupational Safety and Health Administration has scrapped a July 1 deadline for them to submit employee illness and injury reports to an online public database that was mandated under the Obama administration.
Janet Dhillon, a veteran corporate in-house lawyer who led the legal departments at US Airways and JCPenney and now oversees Burlington Stores Inc.'s team, was picked Wednesday for a seat on the Equal Employment Opportunity Commission. In a recent talk, Dhillon, who got her start at Skadden Arps, gave advice to law firms that want to do business with her company. Here are the highlights.
A survey of 200 U.S. firms found that many law firms are unprepared for cyberattacks, and it’s hurting their standing with clients.
Tanenbaum Keale, formed five months ago when a group of Newark-based Sedgwick lawyers spun off into their own litigation firm, has done some growing since then, with four single laterals from various firms—including, of course, Sedgwick.
Greenberg Traurig has absorbed the small Phoenix-based shop of Benjamin Aguilera, a former partner specializing in cross-border transactional work who left the firm in 2007.
Indiana, Iowa, Kentucky and Ohio. Believe it or not, those are some of the hottest states for law firm mergers this year. And the trend continued this week when two firms expanded in the Hoosier State.
Some 30 lawyers and firm alumni recently joined Kirkland & Ellis for a career building program.
Business advisory firm Cohen Ruiz is winding down operations after 17 years in practice and will join the Miami office of Cleveland-based McDonald Hopkins on July 10.
The two firms have grabbed lead roles on a sovereign bond issue by the Federal Republic of Nigeria that may pave the way for similar offerings by other African nations.
If President Donald Trump gets to fill another U.S. Supreme Court seat, he will have an experienced hand in Kirkland & Ellis partner Beth Williams guiding any nominee through confirmation. Williams is Trump's pick to head the U.S. Justice Department's Office of Legal Policy. Here are six things to know about Williams, whose nomination was considered Wednesday by the Senate Judiciary Committee.
No doubt many summer associates are thoroughly enjoying their jobs this season, but for those who feel anxious about their performance or worried about the impression they've made on hiring partners, here's some help.
Tanenbaum Keale, formed five months ago when a group of Newark-based Sedgwick lawyers spun off into their own litigation firm, has done some growing since then, with four single laterals from various firms—including, of course, Sedgwick.
A four-step guide to how law firms can limit their exposure to further cyber theft and legal liabilities after an attack.
Lawyers from Dechert and the Pennsylvania Innocence Project recount their experience this year helping to free a man incarcerated for 24 years for a murder he allegedly didn't commit.
Kirkland & Ellis, moving quickly to build up a private equity team in its new Boston office, has hired two partners from Proskauer Rose, including a leader of Proskauer's private investment funds group.
One of the most active firms in the legal marijuana space has been Greenspoon Marder, a Florida-based shop that has opened new offices across the country within the past year to cultivate clients in a growing field. Heather Burke, a California lawyer who has written for High Times, has become the latest to join the firm.
Haley Guiliano, a boutique firm specializing in patent prosecution and other intellectual property work, will officially separate from Ropes & Gray on Aug. 1. The new firm will combine operations with Shvarts & Leiz, a small shop comprised of fellow Ropes & Gray alums, and have offices in London, New York and San Jose, California.
Kenneth Wainstein is leaving Cadwalader, Wickersham & Taft, where he was co-chair of the firm’s litigation department and chair of the white-collar group, for Davis Polk & Wardwell.
In an effort to reduce its real estate overhead costs and promote flexible work arrangements, Faegre Baker Daniels is downsizing in South Bend, Indiana. The firm is moving from 40,000 sq. ft. of space at a 14-story office building to a mere 551 sq. ft. at an innovation complex across the street from the University of Notre Dame.
Jared Kushner's new lawyer in Washington, D.C., Abbe Lowell, already has connections to President Donald Trump—and Russia—through his New York law firm, Chadbourne & Parke, and its international merger partner, Norton Rose Fulbright.
The implications of network-crippling malware may be just as damaging for a deadline-driven service industry that holds the fate of companies’ legal issues in its palm.
The firm refuted claims that it breached a lawyer's employment contract, and instead accused the lawyer of misleading the firm about his ability to find plaintiffs for a potential class action over the 2011 Fukushima Daiichi nuclear power plant meltdown in Japan.
The fire that killed 79 people in London's Grenfell Tower was a U.K. tragedy, but it's also getting the attention of the securities plaintiffs bar in the United States. That could spell legal trouble for Arconic, the New York-based company that made the exterior paneling being blamed for the fire's ferocity—and potentially for its directors and officers.
Steptoe & Johnson became the latest major law firm to face accusations that it discriminates against women lawyers.
Law firms and clients seem to be playing a game of chicken when it comes to whether the business of law will undergo a paradigm shift.
Mark Lee, a former prosecutor who chaired Schnader Harrison Segal & Lewis' white-collar defense and corporate investigations group, has moved his practice to Blank Rome.
The shutdown appears to have been caused by a ransomware attack, similar to the WannaCry attack that hit organizations such as the NHS last month.
Kushner retained the Chadbourne & Parke partner to represent him amid the FBI's investigation into Russian interference in the 2016 election. Here's a look at Lowell's distinguished client list.
Japanese auto parts manufacturer Takata Corp. has turned to Weil, Gotshal & Manges and two other firms as it pursues a $1.6 billion sale to Key Safety Systems Inc. The proposed acquirer, advised by Skadden, Arps, Slate, Meagher & Flom, is owned by China's Ningbo Joyson Electronic Corp. Big legal fees loom on the horizon.
As prosecutors prepare to try former Willkie Farr & Gallagher partner Keila Ravelo for fraud this fall, they are urging a federal judge in New Jersey to bar Ravelo from attacking a potential witness, attorney Gary Friedman, and to exclude arguments that could prompt sympathy with jurors.
Barry Mandel, a retired partner at Foley & Lardner and former head of the firm’s securities enforcement and litigation practice, and Denis Salmon, a former co-chair of the intellectual property group at Gibson, Dunn & Crutcher, are making the move to a California-based litigation financier.
As many young lawyers settled in for a summer or their first year at a large law firm, global legal giant Dentons recently cut ties with one of its Los Angeles-based associates under unusual circumstances.
Nearly 75 percent of work for legal departments is handled internally, according to a recent survey report from ALM Intelligence and Morrison & Foerster.
International sanctions and a drop in global energy prices have hit the Russian economy hard, resulting in wild swings in the value of the ruble.
Stroock & Stroock & Lavan is bringing on a four-person restructuring team. Brian Kelly, who was special counsel at Milbank, Tweed, Hadley & McCloy, is joining Stroock as a partner Monday, while Samantha Martin, who was an associate at Morrison & Foerster, has come aboard as special counsel.
Welcome to the 2017 NLJ 500, an annual survey that debuted nearly 40 years ago with 200 firms. In this year’s report, the number of lawyers working at the nation’s 500 largest U.S.-centric law firms in 2016 grew by about 2 percent from the previous year, to 163,700. The average lawyer count per firm bumped up slightly, to 327.
Los Angeles-based Tropio & Morlan has disbanded, with the bulk of its lawyers joining Wilson Elser Moskowitz Edelman & Dicker, while Beverly Hills-based entertainment law firm Freund & Brackey has broken up, with several of its lawyers landing at different locales.
The annual Battle of the Law Firm Bands took place in Washington, D.C., on June 22, featuring acts like the “Estoppelgangers,” “Nuclear Covfefe,” “Sutherland Comfort,” “The Perks” and “The Precedents.” Washington Wrap is a weekly roundup of Big Law and federal government hires and other Washington, D.C., legal news.
On Sunday, June 25th, Pride Month celebrations will culminate with parades across the country, from New York to San Francisco. Lawyers and staffers from many law firms will be participating in the festivities.
David Schwinger appears to have revived his law career.
A Midwest experiment to provide trusts and estates legal services at a lower cost is showing signs of success. TuckerAllen, a subsidiary of St. Louis-based Louis Rice, has served 1,000 families in its 10 months of existence. This week it expanded by acquiring a small, local law practice.
British comedian John Oliver has a good defense in a defamation suit filed against him and HBO, the cable network that produces “Last Week Tonight with John Oliver,” said Floyd Abrams, a First Amendment litigation veteran and senior partner at Cahill Gordon & Reindel.
Following the exit of a second major team in Paris this year, Ashurst is facing an uphill struggle to rebuild its base in the French capital.
Without precise cost projections and constant communication with clients, law firms can find themselves in a stand-off after the legal work is done.
Firm hosts tech experiment that allows attorney-client collaboration
For young lawyers hoping that public service loan forgiveness could be an answer to a lifetime of student debt burdens, President Trump has some bad news.
In less than a year, Big Law has seen at least three lateral hires go seriously, even criminally, awry.
Toronto-based Blake, Cassels & Graydon is launching a first-of-its-kind fund to provide subsidized legal services to support the rapidly growing Canadian startup market.
A new report from ALM Intelligence and Morrison & Foerster shows just what is keeping GCs up at night.
Larry Waks is representing an investment group that includes George Clooney on the roughly $1 billion sale of the premier Casamigos Tequila brand to global spirits giant Diageo plc, which is being advised by Sullivan & Cromwell.
Attorneys for Google's driverless car division say Morrison & Foerster lawyers had access to a portion of the stolen files at the center of a trade secrets lawsuit against Uber.
A U.S. bankruptcy judge in Chicago recently approved payments to Kirkland, Jones Day and Proskauer Rose in the Chapter 11 case of casino and hotel giant Caesars Entertainment. The bankruptcy, winding down after nearly two years of proceedings, has brought more than $125 million collectively into those three firms' coffers.
The partnership between Merchants’ SmartIDentity for Business platform and Jackson Lewis cybersecurity counsel is part of a growing focus on enterprise-wide breach response.
Tax specialist Marc Gerson will take over as chairman of the 105-lawyer Washington firm, which recently moved to new offices and will celebrate its 100th anniversary in 2020.
How Lawyers Can Maximize Job Satisfaction Multiple studies suggest that lawyers are among the least satisfied of all professionals. What many lawyers fail to realize, however, is that satisfaction is not as elusive as it seems. If you are among the majority of attorneys who fall somewhere below 85% on the satisfaction scale, you can do something about it.
Two partners who were practice group leaders at Fitzpatrick, Cella, Harper & Scinto have joined the New York office of Minneapolis-founded IP boutique Merchant & Gould.
A joint opinion by three New Jersey Supreme Court committees has blacklisted three web-based services that match litigants with attorneys.
After David Higbee unexpectedly resigned to join Shearman & Sterling—taking four other antitrust partners with him—Hunton & Williams named Wendell Taylor to replace him as head of its Washington office.
Abdi Shayesteh, a former King & Spalding associate who held several Big Law and in-house roles, has created an online platform called AltaClaro that links lawyers to top legal professionals that provide mentorship and counseling necessary to advance their legal careers.
Joshua Sussberg, a business finance and restructuring partner at Kirkland & Ellis in New York, is no stranger to distress. But when he was diagnosed last year with a rare form of cancer, Sussberg had a new fight on his hands, and not one easily dispatched in bankruptcy court.
Even though it could idle some lawyers, partners from Baker Botts, Jackson Walker and Haynes and Boone voiced tentative support this week for legislation that would tax carbon emissions while gutting environmental regulation.
Leslie Caldwell has become the latest former head of the U.S. Department of Justice's criminal division to join Latham & Watkins. The firm announced Wednesday that Caldwell will join its white-collar defense and investigations practice in September. The former partner at Morgan, Lewis & Bockius will work out of San Francisco.
Andrea Jeffries, a high-profile intellectual property and technology litigation partner at Wilmer Cutler Pickering Hale and Dorr in Los Angeles, is headed to Jones Day. Jeffries, who spent more than six years at Wilmer, is the latest lateral recruit by Jones Day this year.
After watching a large group of lawyers decamp earlier this year, San Francisco-based Sedgwick has seen a spate of partner departures within the past month. Mintz Levin has landed two partners in Los Angeles, while Crowell & Moring and Troutman Sanders have made hires in other cities. As a result, Sedgwick has shed some staffers.
Ropes & Gray saw a pair of partners leave its headquarters in Boston this week for Am Law 100 rivals. Goodwin Procter has added real estate investments and transactions group co-head Marc Lazar, while private equity partner Jason Serlenga has joined Kirkland & Ellis’ new Boston office.
Lior Ohayon, who was co-leader of Stroock's corporate practice and chair of its private funds group, plans to join Willkie Farr & Gallagher as a partner in its asset management practice this week. The move continues a string of fund attorney exits from Stroock amid a recent leadership change.
It was a record year for securities settlements and for the plaintiffs lawyers that represented investors in securities class actions.
Manatt, Phelps & Phillips announced Tuesday that Quinn is now a partner at the firm and will chair its federal regulatory and government practice in Washington.
Did we mention she's a Harvard Law grad and two-time SCOTUS clerk? And she's working for the enemy, Robert Mueller.
Cooper didn't provide additional details on the nature of the representation&including whether it extends to the criminal inquiry into Trump campaign affiliates' involvement with Russia.
Consultant Dan Nardello lays out how law firms can better investigate potential new partners.
K&L Gates is in the process of closing its office in Anchorage, Alaska, the firm confirmed Tuesday.
Attorneys for Atlanta attorney Claud "Tex" McIver have accused Fulton County prosecutors of intentionally withholding exculpatory evidence generated by Atlanta police that would belie the murder charges currently pending against McIver in an emergency motion filed in Fulton County Superior Court on Monday.
Depending on whom you ask, John Dowd is either the perfect choice to represent President Donald Trump or a combustible addition to his already unconventional criminal defense team.
If your firm’s latest merger or lateral hire isn’t “growth for growth's sake,” then save the unprompted defense. It’s not believable.
With an eye on human capital, more law firms are putting talent management leaders in the C-suite to drive comprehensive growth strategies.
A Manhattan judge has dismissed claims against Stroock & Stroock & Lavan brought by Brown Rudnick related to a legal malpractice dispute, trimming a defendant from a 5-year-old case that entangled three law firms and investment firm Stonebridge Capital.
Clifford Chance has recruited two corporate partners in New York, including the former group general counsel of Zurich Insurance Group.
Two plaintiffs firms are set to split about $4.45 million in light of a proposed settlement of automatic phone call consumer protection claims against a unit of Wells Fargo Bank.
Andrew Miller, a law student at George Washington University, defended Baker McKenzie partner John Rowley when he was assaulted last month in Washington, D.C. That heroic act helped Miller land a summer associate job at the firm this summer.
Robert Schick, who left Vinson & Elkins in 2014 to form a litigation boutique in Houston with Morgan Copeland, returned to V&E.
The firm, which has five offices in Europe, has continued to steadily build up its presence there.
Just in time for Father's Day, Orrick, Herrington & Sutcliffe is expanding the relatively generous parental leave policy the firm introduced two years ago.
Wachtell, Weil, Sullivan & Cromwell, Paul Hastings and Latham & Watkins are advising various parties on e-commerce giant Amazon.com Inc.'s $13.4 billion offer to acquire organic upscale grocery Whole Foods Markets Inc.
Two years ago, the 520-lawyer firm set out to develop a legal project management strategy. The BT ValueWorks program now includes 125 lawyers and is budgeting matters that make up 10 percent of Barnes & Thornburg's revenue. Change management is an issue all law firms face.
Lawyers who leave Weil often "do great things," explained Kito Huggins, the firm's director of executive administration, who helped create the app. And, he added: "Many of them are our clients."
A former Duane Morris client is seeking nearly $700,000 from the firm claiming it misrepresented how much it would cost for the firm to represent him.
Holwell Shuster & Goldberg, a five-year-old boutique that continues to be flush with litigation work from the financial crisis, will double its office space when it moves into three subleased floors from Simpson Thacher & Bartlett in midtown Manhattan by the end of the year.
Soupman Inc., a company that licenses the name made famous by the sitcom "Seinfeld," filed for bankruptcy on June 13 in Delaware, just weeks after its CFO was arrested for tax evasion. Polsinelli is seeking to save the debtor as it pursues a sale in Chapter 11. But some other large law firms face big writeoffs on their legal bills.
Barnes & Thornburg's managing partner, Robert Grand, sought out his client's feelings on law firm diversity. Here is what they said.
Wachtell represents Whole Foods Market in its pending $13.7 billion acquisition by Amazon, which turned to Sullivan & Cromwell.
In case you're not keeping score, the sexist comments are flying these days. Let's just focus on two recent incidents.
The vice president has turned to veteran litigator and McGuireWoods chairman Richard Cullen, who was once partners with James Comey, amid the special counsel investigation into President Donald Trump campaign ties to Russia.
Donald Clark Jr. led Butler Snow from the three-office, 140-lawyer regional firm it was in 2006, to a 330-lawyer international firm with offices in 24 locations. The 68-year-old has now been asked to continue his leadership of the firm until January 2020.
Marc Kasowitz, President Donald Trump’s personal lawyer, is facing two ethics complaints with the New York and Washington, D.C., bars over his reported advice to White House staffers.
Diversity in the law is critical but the binding force of commonality will always be the greater strength, former Southern District U.S. Attorney Preet Bharara told nearly 100 current and former Milbank summer law fellows on Wednesday.
The Am Law 100 firm has acquired 25-lawyer litigation boutique Collora to open a new office in Boston. The outpost in Beantown will be the 47th locale for Hogan Lovells.
American Airlines' lawyer weighs in, carefully, on the looming changes in U.S.-Cuba relations.
“It’s tangible, it’s real, it’s sensitive, it’s serious and it doesn’t look like it’s going to go away any time soon,” says one law firm partner of the diplomatic crisis currently roiling the Middle East.
Roughly ten days after ditching Holland & Knight due to the firm’s alleged moratorium on challenging President Donald Trump, Tobin filed a lawsuit Thursday against the FBI on behalf of CNN.
A team of Hunton & Williams competition lawyers, including five partners, is poised to leave the firm for Shearman & Sterling in Washington, D.C.
After 41 years at Kirkland & Ellis, James Schink left the firm's Chicago headquarters in December for Quinn Emanuel Urquhart & Sullivan. Just six months later, however, Schink has quietly returned to his longtime home, which this week saw two other litigators decamp for Latham & Watkins in New York.
Lewis, Brisbois, Bisgaard & Smith snagged a five-lawyer team from Locke Lord in Sacramento led by corporate partner Scott Bartel. The group helped open Locke Lord’s office in the Golden State capital in 2011.
A pair of recent lateral hires by Freshfields Bruckhaus Deringer from Arnold & Porter Kaye Scholer have helped the Magic Circle firm swoop in for a lead role on the bankruptcy of Alitalia SpA. The ailing Italian airline sought Chapter 15 protection Monday in the Southern District of New York.
Nearly two months after voting to expel a former partner who is leading a $100 million gender bias suit against Chadbourne & Parke, the firm failed on Wednesday to escape a proposed class action alleging it's run by an " all-male dictatorship." Proskauer Rose, on the other hand, sought to dismiss a separate $50 million damages claim.
Nowhere is the great divide between the plaintiffs bar and Big Law perhaps more obvious than in attorney advertising.
A proposed combination between Chadbourne & Parke and Norton Rose Fulbright scheduled to close sometime in the second quarter of this year is facing delays due to client conflicts. Norton Rose Fulbright, meanwhile, announced another deal this week with Australia's Henry Davis York.
Less than a month after launching in the EU capital, the firm has expanded with the hire of the EU's former deputy director-general for competition.
Company policies such as mandatory retirement—a common practice adopted in partnership deals at major law and accounting firms—should be scrutinized as a possible violation of age discrimination laws, an AARP in-house lawyer told the U.S. Equal Employment Opportunity Commission on Wednesday.
Each new tweak to the tale of how Diane McIver was shot to death by her husband, Fisher & Phillips senior partner Claud "Tex" McIver, stoked a chorus of growing suspicion.
Addleshaw Goddard's tie-up talks with Hunton & Williams have fizzled out nearly two years after they began, with the news coming as the British firm's discussions with Germany's Luther have also come to an end.
A relative of litigation funding, litigation insurance for plaintiffs can defray the cost of an unsuccessful case. TheJudge is a British outfit launching in New York as part of its plan to bring the product across the pond to U.S. companies and law firms.
Andrew Weissmann and Robert Mueller can be fair and "the Trump administration's worst nightmare" at the same time, says defense lawyer Dan Cogdell.
Steptoe & Johnson government contacts partner Sharon Larkin in Washington, D.C., has teamed up with Bradley Arant partner Elizabeth Ferrell to form the women-owned government contracts boutique inside the Beltway called Larkin Ferrell.
Kasowitz's career-defining undertaking in Washington, D.C., has raised new questions about the trajectory of his New York firm.
Harold Levine and a co-defendant pleaded guilty to charges that they failed to report collectively more than $4 million in income, according to the Southern District U.S. Attorney's office.
Like many big firm lawyers, Locke Lord's Martin Jaszczuk built a practice representing clients hit by a wave of telemarketing suits. Now that he’s on his own, what happens if that torrent turns back to a trickle?
As partner, Michael Liftik will focus on government and internal investigations, regulatory enforcement defense, securities litigation and cybersecurity.
It is weirdly comforting that a big, strong guy like Comey is no better at handling a manipulative, slimy guy in power than we women are.
The apps keep coming, but do most clients care?
More than two months after adding a high-profile technology transactions team from Weil, Gotshal & Manges in Silicon Valley, Hogan Lovells has recruited Weil associate Christopher Moore as a partner in the Bay Area.
An underappreciated effect of the Great Recession is how it put on steroids the amounts by which elite US firms can outflank their UK counterparts on partner compensation.
Norton Rose Fulbright and Australia's Henry Davis York will combine later this year after partners at both firms voted in favor of a union. The moves comes on the heels of Norton Rose Fulbright's agreement to combine with Chadbourne & Parke and absorption of a Vancouver-based firm on Jan. 1.
Herbert Smith Freehills' co-head of energy, Anna Howell, is set to join Gibson, Dunn & Crutcher in London, as the Am Law 100 firm continues to expand its operations in Europe.
Kirkland & Ellis added another key bankruptcy case to its restructuring portfolio this week as San Francisco-based children's clothing retailer The Gymboree Corp. filed for Chapter 11 protection Sunday in Richmond, Virginia. Gymboree, the latest retailer to go bust this year, has also retained Munger, Tolles & Olson and Kutak Rock.
Barclay Damon, a growing Northeast regional firm, has rolled out new initiatives for associates that range from changes to compensation and bonuses to policies geared toward child care and working from home. "It's a hit to profitability in the short term," managing partner John Langan conceded. But, he added, "It's an investment in our future."
The Am Law 200 firm has hired commercial litigation partner Adam Grant in New York, where he spent the past two years at Polsinelli, having joined that firm in May 2015 from what is now Kasowitz Benson Torres.
Daniel Schnapp joins as a partner and co-leader of his new firm's technology transactions team.
Chicago-based litigation financier Longford Capital Management LP has hired director Marc Carmel to bolster its restructuring operations. Carmel comes from Paul Hastings, where he was of counsel after joining that firm from Kirkland & Ellis’ partnership in 2011.
Should law firms refuse to hand over time-entry data to clients when working on a fixed fee?
Police from an organized crime unit conducting a drug investigation recently raided the global legal giant's back office operations center in Northern Ireland.
A little more than a month after touting its hire of a four-partner project finance team from Chadbourne & Parke to open new offices in Dubai and Johannesburg, Covington & Burling has completed its acquisition of a team of associates and of counsel from the firm has Chadbourne prepares to combine with Norton Rose Fulbright.
The choppy seas of the restaurant industry have swamped another eatery in Joe’s Crab Shack, whose Houston-based parent company owes nearly $220,000 to a pair of high-powered, Atlanta-based labor and employment firms. Ignite Restaurant Group Inc., owner of the popular seafood establishment and casual dining chain Brick House Tavern + Tap, filed for bankruptcy in Houston on June 6.
Washington Wrap is a weekly roundup of Big Law and federal government hires and other Washington, D.C., legal news.
Susman Godfrey has a policy when it comes to contract lawyers: The high-flying litigation firm discloses to clients exactly how much the temporary attorneys cost, and that's exactly what the client pays. In other words: No surcharge.
Sullivan & Cromwell saw another of its own chosen this week to serve in the Trump administration, as partner Steven Peikin was named a co-director of enforcement for the U.S. Securities and Exchange Commission alongside former Wilmer Cutler Pickering Hale and Dorr partner Stephanie Avakian, now the division's acting director.
Fenwick & West has hired James Koenig as a partner and co-leader of its privacy and cybersecurity practice in New York. Koenig said the practice is also hiring non-lawyer privacy and security advisers, making Fenwick the latest firm to say it can offer clients much more than traditional legal advice by having a multidisciplined team.
In a legal industry plagued by flat demand, business development is especially critical. So it's only natural that law firm leaders are placing a higher premium on business development professionals.
Partners may not have wanted a Labour Government, according to our survey published yesterday, but they feared the prospect of a hung parliament even more, with more than 60% of respondents believing activity levels would fall over the next 12 months in the event of no party winning an outright majority.
ALM Media announces the winners of the 2017 Transatlantic Legal Awards, which recognize law firms for excellence in handling trans-Atlantic matters.
Weil, Gotshal & Manges, a firm familiar with high-profile bankruptcy engagements, took on a Chapter 7 case this week for The Pearl Theatre Co., a longtime off Broadway acting troupe in New York City. But Weil also scored a more lucrative assignment for an oil services company.
Houston's Susman Godfrey, which jolted the market last year when it hiked starting associate salaries to $190,000, just crammed another lure on its hiring hook: a $25,000 signing bonus.
Among the throngs of suits gathered to watch James Comey Jr. testify before the Senate Intelligence Committee on Thursday, there was a notable absence: A personal lawyer at the former FBI director's back. But partners from a pair of Am Law 100 firms are said to be counseling Comey.
Cecily Sturge, the former wife of ex-Hunton & Williams partner Scott Wolas, has been accused of lying to federal agents about his whereabouts and trying to access his law firm retirement benefits. Wolas was arrested in April and charged with perpetrating a $1.5 million real estate fraud after being a fugitive for 20 years.
After nominating real estate practice head F. Chase Simmons to succeed W. Russell Welsh as head of Polsinelli late last month, the Am Law 100 firm confirmed his ascension to its top leadership role after a partnership vote Thursday.
After nearly five years as the top lawyer at insurance giant MetLife Inc., executive vice president and general counsel Ricardo Anzaldua has announced his plans to retire.
The Am Law 100 firm will launch a French litigation and disputes practice after taking four partners from Ashurst, the second mass defection from the British firm’s Paris office so far this year.
Facing trials in Missouri and Los Angeles, Johnson & Johnson has called on lawyers from Sidley Austin and Dechert to fight claims that prolonged use of its baby powder caused women to get ovarian cancer.
Texas' new "sanctuary city" law prompts the American Immigration Lawyers Association to move 2018 convention out of Texas.
President Donald Trump tweeted his choice for the new FBI director Wednesday morning – former prosecutor Christopher Wray, now with Atlanta's King & Spalding.
After Arabella Mansfield took and passed the Iowa bar exam in 1869, she challenged the state law excluding her, in the process becoming the first female lawyer in the U.S. Nearly 150 years later, Mansfield is lending her name to a new rule aimed at closing the gaps between women and minorities in leadership roles in Big Law.
White & Case is bulking up its restructuring practice, adding partners Philip Abelson from Proskauer Rose and David Turetsky from Skadden, Arps, Slate, Meagher & Flom, amid increasing work in cross-border restructuring and junior creditor representation.
On the same day that King & Spalding partner Christopher Wray was nominated by President Donald Trump to serve as the next FBI director, the firm recruited a pair of Ropes & Gray finance partners for its London office.
Buchanan Ingersoll & Rooney is shuffling its administrative lineup, creating a new leadership position and bringing on a new chief business development officer.
Not only did he refuse President Donald Trump's offer for a DOJ job, but two days later he criticized Trump on Twitter, essentially saying, "Glad I'm not part of that legal hellhole."
Norton Rose Fulbright has confirmed it is in late-stage merger talks with Australian firm Henry Davis York. The firms were first rumored to be holding discussions in November.
How close do you need to be to the investigations roiling the capital right now before it's time to lawyer up?
The conservative-leaning Clement has been a go-to attorney for the NRA on gun issues.
Two months after longtime Fish & Richardson litigator Kathi Vidal took off to lead Winston & Strawn's Silicon Valley office, patent litigation partner Michael Rueckheim has followed her to the firm, along with two associates.
Kirtee Kapoor, head of the India practice at Davis Polk & Wardwell and a partner at the firm in Menlo Park, California, died Monday morning after being struck by a train at a crossing in nearby Atherton.
A Fulton County assistant district attorney argued Tuesday that the former Fisher & Phillips law partner facing murder charges in the shooting death of his wife should not be released on bond because he was attempting to influence witnesses and prominent public officials—foremost among them a Fulton County judge.
The high-end woman's clothing retailer Leggiadro Ltd. has multiple avenues by which it can potentially recover for legal malpractice against Winston & Strawn, a Manhattan appeals court has ruled.
A Big Law veteran from Greenberg Traurig is joining Conshohocken-based Royer Cooper Cohen Braunfeld, hoping to capitalize on what he described as more flexible billing policies at the smaller firm.
Sue Kench, the new global managing partner at King & Wood Mallesons, discusses why her firm's immediate future is focused on the Asia Pacific region—not the U.S.
The White House has tapped lawyers from Dechert, Kirkland & Ellis, McGuireWoods and Greenberg Traurig for executive branch roles.
Sideman & Bancroft partner David Fermino has joined Kasowitz Benson Torres' white-collar defense and investigations practice in the Bay Area. The move comes two weeks after the New York-based firm's founding partner, Marc Kasowitz, was hired to lead President Donald Trump's personal legal team.
The firm has brought on Venable's Don Andrews as a partner in New York and leader of its new global risk and compliance practice, while also recruiting Morrison & Foerster partners William Veatch and Catherine Hagerty in San Francisco.
While one current partner at Wachtell, Lipton, Rosen & Katz made headlines Monday over his dismay at President Donald Trump, another lawyer who made partner at the firm nearly a decade ago has quietly left Wachtell's exclusive ranks.
Presidential politics may have helped drive a top media partner at Holland & Knight to jump to Ballard Spahr.
Soon after President Donald Trump appeared to undercut the legal defense of his own immigration orders on Monday, he earned a rare Tweet from none other than George Conway III of Wachtell, Lipton, Rosen & Katz.
Tina Tchen, a former partner at Skadden, Arps, Slate, Meagher Flom, talks about firms losing talented women, how hard it was keeping her nose out of White House litigation, and if she'd ever go back to billable-hour life.
You are a partner in a law firm and you have decided to make a lateral move. You want it to be the right move to a better platform. Where do you start and how do you maximize the likelihood of a successful outcome? The more you are prepared to answer and ask questions, the greater the likelihood this next move will be an optimal one for you and the firm you are joining.
Kirkland & Ellis, which has been busy this year on the transactional and bankruptcy fronts, has picked up M&A roles for one of the world’s largest farm equipment manufacturers and one of its many private equity clients.
The firm's high-powered bankruptcy practice has picked up two more notable Chapter 11 cases. Kirkland & Ellis is serving as lead counsel to teen fashion retailer Rue21 Inc. and 21st Century Oncology Inc., as well as energy industry manufacturer AFGlobal Corp., in their recent bankruptcy filings.
Law firms love to tout their strategic "visions," but not many offer seats at the table for executives focused solely on strategy.
DLA Piper has hired Michael Silva, a former in-house lawyer at GE Capital Corp. and the Federal Reserve Bank of New York, as a government affairs partner and chair of its financial services regulatory subgroup in New York.
As it makes its international debut, Womble Bond Dickinson is billing itself as a "new breed of transatlantic law firm" that unites two middle-market shops with strong regional roots.
Longtime government attorneys and Big Law litigators are among the familiar names leading the travel ban appeal.
Law firms are following the unfortunate path that has become a dominant approach in the medical profession: treating symptoms rather than the disease.
Cozen O’Connor is facing allegations that it failed to properly handle conflicts in a multimillion-dollar construction law arbitration after hiring a group of construction lawyers from Pepper Hamilton.
Women swear the rising generation will bridge the gender gap. I'm not sure this is the group I'd pin my hopes on.
Netflix's rise as a major buyer and distributor of content is changing the way films are financed in Hollywood, resulting in some high-dollar work for Tinseltown's deal lawyers—but less of it to go around.
Conroe lawyer Tom Trott said "Lady Cynthia" rhododendron bush on his property on Vancouver Island is the largest in North America.
Qualmet is banking on the idea that clients will pay to compare notes on working with different law firms, and that the law firms will pay to learn from those ratings. But firms may need a harder sell.
A Houston judge granted the plaintiff's agreed motion to dismiss with prejudice all claims against the defendants.
The global labor and employment giant, which became a Swiss verein in 2013 after expanding into Central America, has hired partner Yeris Nielsen to helm its office in Panama City. Three partners at Littler Mendelson recently left its base in the city to join a leading Panamanian firm.
President Donald Trump's Illinois finance chairman and his family owe $5.7 million in unpaid legal fees to Nixon Peabody related to a 95-day trial in 2014, a Cook County Circuit Court judge ruled Wednesday.
The median salary earned by first years this year was $135,000—the same number as 2015, according to new data from the National Association for Law Placement.
The law firm created a formula to respond to cost-conscious clients' requests for fee controls.
Womble Carlyle Sandridge & Rice and British firm Bond Dickinson will join forces without combining their finances, adopting a model similar to what Eversheds and Sutherland Asbill & Brennan just formalized.
Ex-Jones Day lawyers in the Trump White House received a blanket waiver clearing them of ethical conflicts, according to new disclosures. At least 11 other individuals in the White House, plus nearly all employees on the president's executive staff, are now allowed to take up some matters they may have worked on in prior jobs.
Tony Nasharr was a Big Law novice when his six-lawyer boutique was absorbed into Polsinelli in 2006. But he proved a quick study as Chicago managing partner, growing the firm's office into nearly 100 lawyers. As Nasharr prepares to step down, The American Lawyer caught up with him to discuss what he's learned in the Big Law trenches.
Kirkland & Ellis has brought back former senior litigation partner Stephen Patton as of counsel in Chicago, where since 2011 he has served in the $174,000-per-year role of corporation counsel for the Windy City.
Reed Smith has brought on two lawyers from Dentons to lead a new practice area in aviation and aerospace finance and commercial space business, extending a string of recent lateral moves in aviation law.
Seven lawyers from LeClairRyan's Newark office focused on health care law and insurance defense have jumped to Lewis Brisbois Bisgaard & Smith.
If a lawyer posts a blog entry and no one reads it, does her law firm have an effective content marketing strategy?
Lewis Roca Rothgerber Christie, which acquired a Southern California-based IP boutique last year, has recruited IP litigation partners Terry Ahearn and Stuart Bartow from McDermott Will & Emery and Paul Hastings, respectively, to serve as co-managing partners of its office in Menlo Park, California.
Scott Thomas has delayed a move to the Dallas office of Winston & Strawn because of a client conflict.
A former head of health care litigation practice at DLA Piper in Miami has jumped back to McDermott Will & Emery's Miami office.
The National Football League Players Association's annual LM-2 filing shows that the labor union representing NFL players paid out sizeable sums within the past year to lawyers from Baker & Hostetler; Gibson, Dunn & Crutcher and Winston & Strawn. Another legal battle with the league potentially looms on the horizon.
Jenner & Block, having just recruited Akin Gump's energy regulatory co-chair Suedeen Kelly, is building out a new practice group after adding two more lawyers with experience at the Federal Energy Regulatory Commission. The move marks Jenner & Block's third new practice area in almost as many months.
Some dads say they're getting more support from their colleagues to take time off. They're also benefiting from an increasing base of other dads at their firms who have forged a path to make paternity leave more mainstream.
Clients are clamoring for legal solutions that are better, faster and less expensive. And in many corners of the profession, we already have the personnel, technology and know-how to make this happen. Missing, however, are business models that will reliably reward lawyers and their organizations for quantum leaps in legal productivity.
The elite U.K. firms have been tweaking their lockstep compensation models for years. But changing things too much may prove counterproductive.
Cleary Gottlieb Steen & Hamilton, Kirkland & Ellis and Paul, Weiss, Rifkind, Wharton & Garrison grabbed key roles on the $14 billion merger between chemical giants Huntsman Corp. and Clariant AG, as well as another $2.36 billion deal that will create the nation's sixth-largest Internet and cable operator.
Four years after considering a potential U.S. Senate bid, former longtime Orrick, Herrington & Sutcliffe leader Ralph Baxter Jr. is pondering running on the Democratic ticket for a West Virginia seat in Congress, according to a newspaper report from his home state.
Nola Heller, chief of the violent and organized crime unit at the U.S. attorney's office for the Southern District of New York, is leaving in June to become a partner at Cahill Gordon & Reindel.
U.S. District Judge Amy Berman Jackson in Washington, D.C., dismissed the suit, brought by former Cleary Gottlieb project attorney Lyle Silva.
Six real estate lawyers have jumped to Duane Morris' rapidly growing Miami office following a down year at Carlton Fields, where real estate was one of the financial bright spots.
A few weeks ago I wrote that I doubted cloud-based operations are competing against Big Law for major rainmakers and clients. One virtual firm took issue with my views.
Matthew Parrott, head of the New York real estate and distressed debt litigation group at Katten Muchin Rosenman, has joined Fried, Frank, Harris, Shriver & Jacobson as a partner in Manhattan. Fried Frank, riding high from a successful financial year in 2016, has been busy on the lateral recruitment front in 2017.
No cause of death has been determined for Beranton Whisenant Jr., a major crimes prosecutor with the U.S. attorney's office in Miami. The body of Whisenant, who left Foley & Mansfield for public service in January, was found this week on a beach in Hollywood, Florida.
It looks like Marc Kasowitz will go down in history as President Donald Trump's lawyer. But while America is just getting to know him, the same can't be said for his fellow elite litigators, especially in New York.
McCarthy Tétrault has opened an office in New York after recruiting corporate partner Mark Adkins from Canadian rival Blake, Cassels & Graydon. Adkins will serve as his new firm's New York managing partner.
ALM Intelligence senior analyst Nicholas Bruch breaks down the Am Law 200 results.
Top in-house lawyers at a Silicon Valley event focused on women and compensation in the legal industry shared this advice on how to get paid more.
Dentons is set to launch in Peru through a proposed combination with 20-lawyer local firm Gallo Barrios Pickmann. The move comes as the global legal giant slashed five lawyers from its office in Watford, England, one that Dentons picked up last year after absorbing the bulk of Matthew Arnold & Baldwin.
"It's been a hell of a week," Josh Zive, a lobbyist and senior principal in the Washington, D.C., office of Bracewell, told his podcast audience last week.
In a characteristically unorthodox move, the president is reportedly poised to tap commercial litigator Marc Kasowitz to lead his personal legal team amid probes into his campaign's alleged contacts with Russia.
Bank of America, Wells Fargo and HSBC are among the more than 40 banks and financial firms that announced Tuesday they would invest in R3's distributed ledger, or blockchain, technology.
Morrison & Foerster has hired a six-lawyer IP litigation team in Silicon Valley from Wilson Sonsini Goodrich & Rosati led by partners Stefani Schanberg and Jennifer Schmidt, of counsel Robin Brewer and three associates.
Samir Jain led a group within the White House National Security Council that responded to cyber threats and pursued anti-hacking initiatives.
Former New York City Mayor Rudolph Giuliani said in court papers filed Monday that he had no hand in crafting controversial executive orders from the Trump administration banning travel from Muslim-majority countries and that he has not served on a commission related to such orders.
W. Russell Welsh, chairman and CEO of Polsinelli since 1998, is poised to cede the Kansas City, Missouri-based Am Law 100 firm's top leadership role to real estate head F. Chase Simmons.
The firm will also open offices in Chicago and Washington, D.C.
I know you are a busy, hot-shot lawyer, but may I offer you some friendly advice?
The deal would create a firm with about 400 lawyers in the Northeast, Midwest and Florida.
A senior Latham & Watkins lawyer is running for Parliament as a member of a controversial right-wing political party in the U.K.'s upcoming general election on June 8.
Legal consultancy Altman Weil Inc.'s ninth annual Law Firms in Transition Survey shows that managing partners are increasingly frustrated from facing off against internal resistance to change.
"A smart firm would be reaching out to their clients and getting ahead of the story," said one former GC.
Companies in the U.S. spend 166 percent more on legal services per dollar of revenue compared to companies in other parts of the world, findings from U.K.-based market research company Acritas Research Ltd. show.
Mlegal Consulting Inc., a legal search firm founded in San Francisco, has bolted on Innocenti Partners LLC, a solo shop created last year by former Major, Lindsey & Africa practice leader Natasha Innocenti, and picked up three more employees in the Bay Area.
Justin Theroux, the star of HBO's "The Leftovers" and son of a longtime Baker McKenzie lawyer, has accused his downstairs neighbor of waging a scorched-earth campaign to bully and intimidate him after Theroux began renovating the New York apartment where he sometimes lives with wife Jennifer Aniston.
Todd Jacobs, a former managing partner and member of the executive committee at Grippo & Elden, a Chicago-based complex commercial litigation boutique that merged with Shook, Hardy & Bacon in early 2015, is opening a Windy City office for Iowa-based Bradley & Riley.
It's a helluva time to be a government investigations lawyer in the nation's capital.
Simpson Thacher & Bartlett has hired David Blass, a former associate general counsel at the U.S. Securities and Exchange Commission who spent nearly the past three years as general counsel for the Investment Company Institute, as an investment funds partner in Washington, D.C.
Regardless of their political leanings, many law firm leaders were cautiously optimistic after Donald Trump's election. They hoped he might boost business—and demand for legal services—with his agenda of tax reform, looser bank regulations and infrastructure investment. But with the fledgling administration already mired in investigations, the enthusiasm is waning amid some firm leaders.
Cozen O'Connor has hired two patent litigators from Norton Rose Fulbright, adding to its Minneapolis office and its intellectual property practice.
Companies and their outside counsel are both collecting useful information that they're not sharing with one another. Should both parties be more transparent to achieve their goals?
Sullivan & Cromwell has opened an office in the de facto capital of the European Union after adding Wilson Sonsini Goodrich & Rosati partner Michael Rosenthal.
Just how far can you push a summertime dress code before you jeopardize your professional credibility?
Skadden made rare hires to its London office with the addition of private equity heavyweights from White & Case.
Shutts has put into place a comprehensive cybersecurity to allay client fears about the confidentiality of their records.
The global legal giant is advising St. Louis-based manufacturer Katy Industries Inc. on its Chapter 11 filing this week, as well as the California-based subsidiary of a German search optimization company in its bankruptcy case, one that has DLA Piper owed more than $1 million in fees.
Are some law firms making a mistake by handing clients their billable hour data despite working for flat or fixed fees?
The rapid recruitment effort embarked on by Jenner & Block this year continued Friday as the firm added Suedeen Kelly, co-chair of the energy regulatory, markets and enforcement practice at Akin Gump Strauss Hauer & Feld, as a partner in Washington, D.C.
The future of law firms may just lie in the hands of nonlawyers, as experienced chief operating officers gain stature at firms of all sizes.
Allen & Overy is suing a former client for $343,448 arising out of its work for the development and financing of a solar power facility in Panama.
The jury couldn’t decide if retired appeals judge Sheila Sonenshine made misrepresentations on her JAMS bio, but they decided that didn’t cause harm to venture capitalist Kevin Kinsella.
Washington Wrap is a weekly roundup of Big Law hires and other Washington, D.C., legal industry news.
Shearman & Sterling antitrust partners Stephen Mavroghenis and Miguel Rato, courted last year by Quinn Emanuel Urquhart & Sullivan, have joined the firm’s Brussels office. Both lawyers re-unite with former colleague Trevor Soames, who Quinn Emanuel hired in December.
Examining the current similarities between e-discovery and cybersecurity can be a predictor of future patterns in the cybersecurity staffing market.
Meredith Jones-McKeown, co-managing partner of Sheppard, Mullin, Richter & Hampton's San Francisco office and co-chair of the firm’s construction practice, has joined Perkins Coie’s commercial litigation and construction practices as a partner. Both firms have been active in the lateral market so far this year.
Florida-based Am Law 200 firm Shutts & Bowen and Miami partner Kevin Cowan settled an antitrust lawsuit in a case that also raised allegations of wrongdoing against Hinshaw & Culbertson Coral Gables partner Steven Carlyle Cronig.
The market for large firm lateral partners moves quickly these days. For three new hires announced this week by Morgan, Lewis & Bockius and Honigman Miller Schwartz and Cohn, it was yet another business card change in an effort to find the right fit.
Big Law has a major gender equality problem, according to David Sanford, the chairman of Sanford Heisler Sharp, who is the lead lawyer in a trio of high-profile gender discrimination cases brought by female partners at Am Law 200 firms.
Wilson Elsker Moskowitz Edelman & Dicker has welcomed alternative investments and EB-5 expert Robert Cornish Jr. as of counsel in Washington, D.C. The Big Law lateral brings some serious barbecue bonafides to his new firm.
Robert Mueller III has deep roots in Northern California, where he served as U.S. attorney. We asked lawyers who worked alongside him—or faced off against him—to share their experiences.
Stoel Rives is continuing to beef up its corporate group with practice veterans from larger rivals, including two former K&L Gates partners.
Thompson Hine has set up a government contracts practice in Washington, D.C., after luring three lawyers from Cooley, including one who was a partner at his former firm.
Robert Mueller III, a former FBI director who joined Wilmer Cutler Pickering Hale and Dorr in 2014, is leaving his perch in private practice and stepping back into law enforcement. Mueller will take on the weighty and politically precarious role of special counsel investigating Russia's efforts to influence the 2016 U.S. presidential election.
A pair of recent filings in U.S. litigation over alleged foreign exchange rate manipulation has revealed a dispute that pits Quinn Emanuel against Hausfeld and Scott + Scott. The dispute, which revolves around foreign exchange rate antitrust litigation, takes on added import because all three firms are eyeing key roles in similar litigation overseas.
Long Island's Rivkin Radler has agreed to acquire Iseman, Cunningham, Riester & Hyde, a 16-lawyer shop with two New York offices in Albany and Poughkeepsie.
Loeb & Loeb, riding a wave of rising revenue and profits, has elected media and tech partner Kenneth Florin in New York as its next chairman, ending the 14-year leadership tenure of Michael Beck.
Former politicians Joe Lieberman and Frank Keating will interview for the job.
Did the president expose himself to obstruction of justice charges in the unfolding scandal involving James Comey? If anyone has an opinion on that burning question, it's the country's pool of former federal prosecutors. But not all of them are willing to share it.
Cozen O'Connor is continuing a slow-motion raid on Buchanan Ingersoll & Rooney, with the addition of six more lawyers announced Wednesday.
John Mowbray, a well-connected, second-generation Nevada lawyer, is opening an office in Las Vegas for a Midwestern firm on a growth kick. A longtime lawyer to Liberace, Mowbray is also responsible for state bar rules that once barred out-of-state firm from setting up shop in Nevada.
A new tool from IBM, called "Outside Counsel Insights," uses the power of Watson to reveal billing insights to legal departments.
Richard Hsu, global head of IP transactions at Shearman & Sterling and co-chair of the firm's privacy and data protection team, has joined Major, Lindsey & Africa as a managing director in San Francisco. The Silicon Valley-based lawyer is also a popular podcaster.
Reed Smith is the latest firm in Big Law to make some relatively inexpensive accommodations for new mothers in an attempt to relieve—and retain—lawyer moms.
The U.S. Securities and Exchange Commission has staffed up with five Big Law alumni, including a rainmaker at Willkie Farr & Gallagher in New York.
There's a certain schadenfreude in seeing a global law firm with more than $1 billion in annual revenue taken down a peg by a judge in Des Moines. But the episode also raises concerns for lawyers who say it demonstrates a risk high-priced coastal law firms face when they go to court in smaller markets and could make Big Law practitioners wary of practicing in smaller cities.
Seyfarth Shaw is letting go at least 40 lawyers and several staff members, according to a Tuesday report confirmed by The American Lawyer.
White & Case has installed two "energy pods" at its office in Washington, D.C.
Convicted felon Tarra Simmons, who was recently awarded a fellowship from a nonprofit foundation affiliated with Skadden, Arps, Slate, Meagher & Flom, saw her quest to practice law recently hit a hurdle when the Washington State Bar Association’s character and fitness board recommended against admitting her to the bar.
All publicity is good publicity, right? For the right kind of celebrity, maybe. For a law firm? Not so much.
Time for another roundup of news and gossip. And yes, they all center around our president (so let me apologize in advance).
Major, Lindsey & Africa, the world's largest legal recruiting firm, has started a legal talent management consulting offering for its in-house and law firm clients.
Court of Appeals Judge Michael Garcia, a former federal prosecutor who spent years in private practice at large firms, was among several candidates interviewed over the weekend by U.S. Attorney General Jeff Sessions and Deputy Attorney General Rod Rosenstein to replace James Comey, whom President Donald Trump fired on May 9.
Amid a massive, worldwide ransomware attack, a leading firm in Rhode Island has sued its insurer over a similar cyber assault that it claims cost it $700,000 in lost billings. Providence-based Moses Afonso Ryan is representing itself in a suit filed last week against Sentinel Insurance Co.
Having recently closed three small offices, global legal giant DLA Piper is widening its network in Africa by inking an alliance deal with Lagos, Nigeria-based Olajide Oyewole, which was founded in 1965 and focuses on corporate and commercial law. The Nigerian firm has eight partners.
The Chicago-based Am Law 100 firm has hired two federal prosecutors in as many months as the firm drops the "white-collar defense" tag for its well-known investigations practice. The most recent is Brandon Fox, chief of the public corruption and civil rights section at the U.S. attorney’s office in Los Angeles.
The firm has hired Andrew Richards, a fishery industry veteran and former deckhand on commercial salmon trollers. Richards recently shuttered his own Seattle-based shop, Sullivan & Richards, which represented a wide variety of clients in the commercial fishing space.
Steven Cherny, a well-regarded intellectual property litigator who has spent nearly the past decade at Kirkland & Ellis, has joined Quinn Emanuel Urquhart & Sullivan as a partner in New York.
Washington corporate defense lawyer Alice Fisher interviewed on Saturday to be the next FBI Director, after the agency was shocked by the firing of James Comey last week. Fisher's among the reported top contenders. The National Law Journal has done comprehensive coverage of Fisher, the former Bush-era Criminal Division chief-turned law firm leader, over the years, since she's been a major name in public service at the U.S. Justice Department and private practice at Latham & Watkins. Here are some highlights of Fisher's career.
An unnamed Proskauer partner in Washington, D.C., alleges she is a victim of gender discrimination and accused a prominent partner in the office of harassment.
If firms want their top marketers to stick around, should they look to the talent they already have?
Did that firm, or the federal government, have a duty to warn Bradley about an investigation?
In the largest U.S. bank failure since 2010, New Orleans-based First NBC Bank Holding Co. filed for Chapter 11 protection in its home city Thursday. The bank, which went public in 2013, saw two top Am Law 100 firms listed among its 20 largest unsecured creditors.
Contributors from law firm consultancy Blaqwell Inc. discuss what the post-recession Am Law 100 results mean for the future of Big Law.
Larry Popofsky, a former head of Heller Ehrman who argued a 1977 U.S. Supreme Court case that shifted the course of antitrust law, died on May 9. Popofsky, senior counsel at Orrick, Herrington & Sutcliffe in San Francisco, leaves behind an antitrust legacy that includes his son, Mark Popofsky, chair of Ropes & Gray’s antitrust group.
According to new jobs data released Thursday by the American Bar Association, 78.6 percent of 2016 law graduates had secured jobs that either require a law degree or for which a law degree is an advantage within 10 months of leaving campus. That’s up more than 2 percent from the previous year.
With a little sleuthing, it's not hard to see Gerchen Keller's fingerprints on trial that pit Irell & Manella and Boies Schiller lawyers against a team from Wilmer.
Monday marked Kristina Maynard's first day back at the office in six years. Her children—ages 9, 12 and 13—wanted to commemorate the moment as she had done for them every first day of school. The American Lawyer caught up with Maynard to discuss her decision to come back to Big Law.
Women, even ones in the most selective professional programs, prioritize marriage over career, and will downplay their ambitions to achieve that goal.
Walter "Chet" Little, who left Foley & Lardner last summer to join the Tampa office of Bradley Arant Boult Cummings, has been hit with criminal insider trading charges by federal prosecutors in New York. The U.S. Securities and Exchange Commission has also filed a parallel civil case against Little and a co-defendant.
As a prospective law firm hire, Comey combines a prestigious resume with unusual political baggage.
O’Malley Miller, a senior partner and former head of real estate at Munger, Tolles & Olson, has joined the real estate development group of Allen Matkins Leck Gamble Mallory & Natsis, as a partner in Los Angeles. The move is a reunion for Miller, who previously worked at Allen Matkins two decades ago.
A former client has sued Greenberg Traurig alleging the firm switched sides and used its knowledge of privileged intellectual property information from previous patent work to attempt to invalidate a patent for a new client's benefit.
Nearly two months after German law enforcement authorities raided Jones Day's Munich office as part of an investigation into Volkswagen AG, a local court has tossed a complaint by the firm about government efforts to obtain materials on its embattled client.
Am Law 50 firms showed the biggest gains in revenue but were hit hardest by pay hikes.
A former King & Spalding associate who said he was fired for raising ethical concerns about the conduct of two of the firm's partners has sued the firm for wrongful termination.
Fox Rothschild has hired entertainment lawyer Marc Simon from New York’s Cowan, DeBaets, Abrahams & Sheppard. Simon once produced a documentary called "Unraveled" about Marc Dreier, the disgraced litigator currently serving a 20-year federal prison sentence for fraud.
The hire of Christopher Johnson and Zachary Mazin continues McKool Smith's expansion in New York, currently its largest office, and will bolster McKool Smith's financial litigation group, the firm said.
For those who appreciate verisimilitude in their cable TV dramas, a highlight of this week's "Billions" season finale on Showtime came when a young prosecutor told her boss, a fictional U.S. attorney, that she was leaving for a real-life law firm. The show smartly name-dropped Sullivan & Cromwell—the place to be for upwardly mobile securities fraud experts looking to trade a government paycheck for something much, much more lucrative.
Top Justice Department antitrust lawyer Bill Baer is returning to Arnold & Porter Kaye Scholer, where he led the antitrust practice for several years, the firm said Wednesday.
The American Lawyer is seeking nominations for our annual feature of Lifetime Achievers and Law Firm Distinguished Leaders. Please send your nominations in a short essay (no more than 300 words) in an attached Word document to EditorialAwards@alm.com by June 16.
Seasoned KM experts say the biggest mistakes for new KM projects are to expect too much — and not keep it simple.
Sean Lacey, co-leader of the alternative capital group at Freshfields Bruckhaus Deringer in London, has become the latest partner to leave the lockstep Magic Circle firm for potential riches at Kirkland & Ellis.
London-based legal giant Clyde & Co announced Wednesday its merger with Mexico's Garza Tello & Asociados, a 23-lawyer firm specializing in energy, insurance and maritime work.
King & Wood Mallesons has appointed Sue Kench, chief executive partner of its Australian arm, as its new global managing partner. Kench succeeds Stuart Fuller, who relinquished the role at the height of problems with the firm's embattled European affiliate late last year.
The global legal giant, having recently announced agreements with firms in Costa Rica, Hawaii and the Netherlands, now plans to form an alliance with the Brazilian firm Vella Pugliese Buosi Guidoni in São Paulo.
Citing his handling of the investigation into Hillary Clinton's email server, President Donald Trump on Tuesday fired FBI Director James Comey. His actions may weigh heavy on his future employment prospects, as big law firms may be wary of questions that would accompany his hiring. Still, as a prominent attorney with high-level experience in government and business, he may find a home at a law firm, as some other former FBI directors have.
The labor and employment specialist, which struck a deal with U.K. boutique GQ Employment Law, has now launched in 14 new markets since October 2013.
If defense lawyers get their way, records from the firm's investigation of Hewlett-Packard's botched deal with a British software firm could become evidence.
Looking back on the twisting path that led to Tuesday's verdict, some white-collar lawyers said the New York County District Attorney's Office played it much smarter in the case's second act, DA's office played it much smarter in the case's second act, while others continued to question the prosecutors' approach.
Word of the new U.S. operations head comes two years into a four-year term for his predecessor.
Blank Rome has brought on two lawyers from Withers Bergman to its tax, benefits and private client group in New York, including the former leader of Withers' U.S. tax investigations practice.
Anyone who says that performance reviews are useful is full of it.
William Hinman, who recently retired as a partner in Simpson Thacher & Bartlett's Silicon Valley office, has been named the head of the agency's Division of Corporation Finance.
While such a move might tempt young lawyers, it could close as many career doors as it opens.
Jones Day has hired Andrew Luger, until recently the U.S. Attorney for Minnesota, as a partner for its new office in Minneapolis. Jones Day opened in the Twin Cities last year.
Irell & Manella has brought back former associate Jason Linder, most recently a senior trial attorney with the criminal division of the Justice Department’s Foreign Corrupt Practices Act unit in Washington, D.C., as a partner and head of its global investigations and anticorruption practice.
A New York jury on Monday delivered a mixed verdict in the criminal case against two former Dewey & LeBoeuf executives, finding former CFO Joel Sanders guilty of scheme to defraud, securities fraud and conspiracy, while clearing former executive director Stephen DiCarmine on the same charges.
California’s Legislature has extended by four weeks its contract with Covington & Burling for guidance on challenging Trump administration policies. A spokesman for Assembly Speaker Anthony Rendon, D-Paramount, confirmed on Monday that the $25,000-a-month contract, initially signed in January, will now run through the end of May.
Andrei Baev, the head of Chadbourne & Parke's Moscow office, has left the firm ahead of its proposed combination with Norton Rose Fulbright to join Reed Smith.
BakerHostetler’s cybersecurity report highlights the nature of company cybersecurity while illustrating the law firm’s changing role in the tech age.
At the Central Park Women's Committee hat luncheon last week, the women at my table (lawyers and business executives) want you to know that they deserve respect.
Former Grant & Eisenhofer director Adam Levitt joins with Mark DeCello and James Casey, formerly of DiCello Law Firm, forming DiCello Levitt & Casey.
Cozen O'Connor is keeping up its raid on Buchanan Ingersoll & Rooney, with the departures cutting deeply into Buchanan Ingersoll's labor and employment group.
Personal trainer Jonathan Jordan's clients include attorneys from Big Law offices, who come to him with loose glutes, collapsed cores and hunched shoulders from sitting for long periods.
Wondering how all those federal prosecutors entering private practice are coping with the transition to private practice? Ask Thompson & Knight's Richard Roper.
Work at drone law practices is shifting as drone-related startups have come of age.
Adit Khorana, who joined Wilmer Cutler Pickering Hale and Dorr in 2010, is leaving the firm’s Silicon Valley office to join Cooley.
Peter Fusco, a partner at Lowenstein Sandler and co-chair of the firm’s Brooklyn Entrepreneurship Center, is poised to join Orrick, Herrington & Sutcliffe as a leader of its technology companies practice in New York. Orrick is the latest Am Law 100 firm to ramp up its tech industry expertise in the city.
If confirmed, Kirkland & Ellis' Brian Benczkowski will lead a DOJ division he spent the last few years defending companies from.
Publicizing a litigation funding deal is one way for a small company—or a small law firm—to signal that it's ready to fight. Still, the industry is a long way from full transparency.
"You get to a point where you start to appreciate another side to life," said Jeffrey Pagano, until recently a partner at Crowell & Moring. "I'd always considered myself a 2,500- to 3,000-hour [a year] type guy. I wanted to continue on—but at what price?"
The U.S. legal industry gained 1,100 jobs in April.
CIO Ralph Sutton, who has led the company's U.S. operations since 2011, said in an interview Friday that he plans to start a new litigation finance venture. "It is with mixed feelings that I leave that team," he said.
Heath Eskalyo goes by many titles: Lawyer, husband, father and Ironman.
Hoping to reverse a $502 million loss, lawyers for Johnson & Johnson are attacking Houston attorney W. Mark Lanier. But he says the campaign "fails to tell the whole story."
Catharina Min, vice chair of Reed Smith's business and finance department and a former managing partner of the firm’s office in Palo Alto, California, has joined Covington & Burling as a technology M&A partner in nearby Redwood Shores.
New Jersey-based Carroll, McNulty & Kull is merging with international insurance law firm Kennedys, leaders of both firms announced Thursday. The combination will form a nearly 1,000-lawyer firm that specializes in advising the insurance industry.
Leichtman Law will also employ five other commercial and IP litigators.
Partners Jeff Norton and Gareth Clark join the firm from Linklaters and Paul, Weiss, Rifkind, Wharton & Garrison, respectively.
Neil Sacker, a former in-house lawyer at Miramax Films and Warner Brothers Studios who joined Stroock & Stroock & Lavan's Los Angeles office last year, has decamped for Skadden, Arps, Slate, Meagher & Flom.
McNees Wallace & Nurick has brought on a Big Law veteran to serve as the Pennsylvania firm's new chief operating officer.
In a move that could dwarf the massive municipal bankruptcy of Detroit, Puerto Rico indicated Wednesday that it would begin a bankruptcy-type process to restructure $70 billion in debt. Proskauer Rose, Quinn Emanuel, Kirkland & Ellis, Dentons and Cleary Gottlieb have been involved in the island's mounting debt crisis in recent years.
Five years after leaving the U.S. attorney’s office in Chicago, Patrick Fitzgerald has recruited his first former assistant. What took so long?
That's according to an ethics disclosure form Steven Engel filed in March, which, along with an ethics pledge, outlines Engel's possible conflicts of interest if confirmed as assistant attorney general at the Office of Legal Counsel.
Partner Robert Crowe agreed to pay a little less then $95,000 to resolve allegations that he played a role in a political corruption scheme aimed at helping State Street Bank and Trust Co. secure public pension contracts in Ohio.
In what may be the first public announcement of a litigation funder investing in a law firm’s portfolio of contingent fee cases, Los Angeles-based litigation upstart Pierce Sergenian has unveiled a tie-up with Arizona’s Pravati Capital.
Finn Zeidler, a dispute resolution and white-collar defense expert at Latham & Watkins in Frankfurt, has left the firm to join Gibson, Dunn & Crutcher's new office in the German financial services center.
Investigation still underway.
Brent McIntosh, the Sullivan & Cromwell partner nominated to be general counsel to the U.S. Treasury Department, reported earning nearly $2.9 million in income from the firm last year, according to his financial disclosure on file at the U.S. Office of Government Ethics.
Cozen O'Connor is expanding into western Pennsylvania, opening an office in Pittsburgh with three partners from Buchanan Ingersoll & Rooney.
Eric Cowan, a former managing partner of Squire Patton Boggs' New York office who has been a partner at several other large firms, including the now-defunct Thelen and Dewey & LeBoeuf, is headed to McGuireWoods to head the firm's global media and entertainment practice. He has some thoughts about his former firm's demise.
Liesl Fichardt, head of the tax investigations and disputes practice at Clifford Chance in London, is leaving the Magic Circle firm to join Quinn Emanuel Urquhart & Sullivan in the city.
Therese Doherty, head of the securities, futures and derivatives litigation practice at Herrick, Feinstein in New York, is headed to Mintz, Levin, Cohn, Ferris, Glovsky and Popeo. The move to Mintz Levin, where Doherty will re-join a former senior Herrick colleague, comes a month after the firm ended merger talks with Crowell & Moring.
John Dedyo, a longtime partner at Weil, Gotshal & Manges in New York, has joined Hunton & Williams as a partner in the firm's finance and securitization practice. Dedyo is the latest lateral recruit by Hunton & Williams so far this year.
The director of Harvard Law School's executive education programs says his curriculum has evolved right along with the problems facing law firm and law department managers.
Noel Francisco, still awaiting a hearing on his nomination as U.S. solicitor general, has promised to divest his interests in technology, financial and pharmaceutical companies—including Apple Inc., Vanguard Financials and Merck & Co.—if he wins Senate confirmation. In his financial disclosure form, the former Jones Day partner reported $4.6M in his partnership share plus earnings supplement.
Even if you follow the law and all the internal protocols your firm has in place, you may still find that clients and the public view your actions negatively. In situations where you believe you are in the right, the instinct is not to apologize. Here is how to correctly handle a high-profile PR crisis.
The global legal giant is poised to open an office in Luxembourg with a team of three partners from local law firms.
Lawyers, technologists and advisers may find themselves expanding their roles as technology becomes more integrated with our lives.
An Australian court has approved a settlement in a dispute between Herbert Smith Freehills and eight of its former partners who sought to leave the firm last year to launch an Australia practice for White & Case.
A Philadelphia lawyer has organized a national organization to support women-owned law firms and the lawyers who lead them.
Chad Young, a promising young member of the Axeon Hagens Berman professional cycling team, died Friday in Tucson, Arizona, after a crash in the Tour of the Gila. Young, 21, was the first American cyclist to die in an event in nearly two decades.
The Am Law 100 firm is poised to open an office in Seattle after absorbing 39-lawyer Riddell Williams.
A Manhattan jury on Monday began deliberations in the retrial of former Dewey CFO Joel Sanders and former executive director Stephen DiCarmine.
James Woolery, a former investment banker, hedge fund executive and M&A partner at Cravath, Swaine & Moore who for a brief time worked at Cadwalader, Wickersham & Taft, has joined King & Spalding in New York. While it's the fourth job for Woolery in six years, the Kentucky native claims he's finally found a long-term home.
The announcement Monday buoys the firm's venerable Supreme Court practice.
Giovanna Cinelli and Kenneth Nunnenkamp join Morgan Lewis as partners, with Cinelli tapped to co-lead the firm’s international trade, national security and economic sanctions practice.
Robert Darwell's TheDailyServer is a tribute to waiters, waitresses and bartenders, and all multitaskers whom the Sheppard Mullin partner admires.
Kara Brockmeyer, former chief of the SEC Enforcement Division's Foreign Corrupt Practices Act Unit, is joining Debevoise & Plimpton's Washington, D.C., office as a partner and member of the white-collar and regulatory defense and the strategic crisis response and solutions groups, the firm announced Monday.
Shumaker, Loop & Kendrick, an Am Law 200 firm with roots in Florida and Ohio, is poised to absorb Toledo-based intellectual property firm Fraser Clemens Martin Miller.
Salam Bhojani and Nick Nelson see opportunity in building bridges with Muslim and South Asian business owners.
A group, led by partner Staton Childers, joins Adams and Reese in Houston.
High-speed electronic trader Virtu Financial Inc. turned to Paul Weiss to handle its $1.4 billion acquisition of rival KCG Holdings. The transaction has yielded roles for a half-dozen other Am Law 100 firms, including one firm firm trying to help retired New York Yankees star and ex-Florida Gov. Jeb Bush buy the Miami Marlins.
A prosecutor in the Dewey & LeBoeuf criminal case spent his second day of closing arguments walking jurors through a series of allegedly improper accounting adjustments that he said the now-defunct firm's finance department made between 2008 and 2012.
Former commissioner for the U.S. Federal Trade Commission Julie Brill will be deputy general counsel and report directly to Microsoft president and chief legal officer Brad Smith. Brill joins the company after roughly a year with Hogan Lovells.
The idea that lawyers can make buckets of money from their cozy apartment, beach house or suburban manse is a fantasy.
Sidley Austin real estate partner M. Scott Cooper and counsel Daniel Liffmann in Los Angeles became the latest lawyers to leave the firm this year in Los Angeles—Sidley has two offices in the city—as they both joined Mayer Brown as partners.
A developing project around legal matter standards could give law departments a new language to speak when they talk about their work.
The founder of BCG Attorney Search wrote that law firms fill recruiting jobs with women who are “quite attractive and fit,” but also sometimes “ditzy” and “more focused on themselves than their jobs.”
Rod Rosenstein has his work cut out for him now that he’s officially U.S. Attorney General Jeff Sessions’ right-hand man. Attorneys are looking to Rosenstein, a lifelong public servant, to bring a dose of stability to the U.S. Department of Justice after the U.S. Senate confirmed him as the deputy attorney general.
Kimberly Kay Krieder-Dusek does a little bit of everything in McMullen County, Texas.
Familiar with crises involving President Donald Trump, former U.S. Securities and Exchange Commission chair Mary Jo White is being tapped by Debevoise & Plimpton to be the first person to ring when a Tweet or viral video causes corporate chaos.
McDermott Will & Emery has hired corporate partners Ivan Presant and Jeffrey Meyers in New York from Greenberg Traurig and Stroock & Stroock & Lavan, respectively. Meyers chaired Stroock’s energy and project finance practice after joining the firm in 2009 from Dewey & LeBoeuf, a firm that Presant fled in early 2012.
This chart maps year-over-year changes in revenue per lawyer and profits per partner for every firm in The Am Law 100. Baker Botts, Crowell & Moring, and Nelson Mullins saw the biggest increases in both RPL and PPP last year.
London-based legal giant Freshfields Bruckhaus Deringer has hired three restructuring partners in New York from newly-merged Arnold & Porter Kaye Scholer. The Magic Circle firm began ramping up its operations in Manhattan two years ago.
Crowell & Moring added to its chemicals regulatory practice this week by picking up two longtime pesticides lawyers from Dentons.
A four-partner team from Chadbourne & Parke is leaving the firm's offices in three cities—Dubai, Johannesburg and London—for Covington & Burling. The move comes ahead of Chadbourne's planned combination with Norton Rose Fulbright.
A group of six energy transactional partners in Baker Botts today joined Gibson, Dunn & Crutcher's new Houston office.
April Doss was appointed as special counsel to the U.S. Senate Intelligence Committee.
Details surrounding the president's tax plan are still sketchy. But one thing’s for sure: Equity partners at the country's biggest law firms would enjoy a massive cut if the plan becomes reality.
Revenue jumped 14 percent at Fox Rothschild in 2016, more than matching head count growth as the firm beefed up its lawyer ranks.
Terrence Allen, who joined Pepper Hamilton’s Los Angeles office a year ago, is on the move again to Akin Gump Strauss Hauer & Feld in nearby Orange County. Allen is the latest Pepper Hamilton partner to leave the firm so far this year.
Reporter Roy Strom summarizes the key takeaways from the Am Law 100 rankings and what consultants say to look for in the coming year.
A firm's PPL is its net income divided by its lawyer count. Wachtell topped the list with a PPL of $1.92 million.
This metric, introduced in 1985, seeks to demonstrate which firms best balance leverage and profit margin for the highest possible profits per partner. We calculate the profitability index by dividing profits per partner by revenue per lawyer.
Average Compensation-All Partners rose by 1.6 percent in 2016, compared with an increase of 3.7 percent in 2015. Seventy-one firms posted increases, compared with 70 the previous year. Fifteen firms posted double-digit gains, while six posted double-digit losses.
Our value per lawyer metric demonstrates how much, on average, each of a firm’s lawyers contributes to total partner compensation. On average, value per lawyer for the Am Law 100 increased 2.4 percent, down from 3.3 percent in 2015. A firm’s VPL is its compensation-all partners divided by its lawyer count. We express it two ways: as a dollar amount and as the number of lawyers needed to generate $10 million in partner compensation.
Paul Tanck, chair of Chadbourne & Parke's intellectual property practice in New York, is headed to Alston & Bird ahead of his firm's proposed combination with Norton Rose Fulbright.
The two Am Law 100 firms are advising on a potential $1.3 billion sale of Major League Baseball's Miami Marlins to an ownership group fronted by former Florida Gov. Jeb Bush and ex-New York Yankees star Derek Jeter.
Todd Toral, chair of cross-border litigation for the Americas at DLA Piper, is joining Jenner & Block as a complex commercial litigation partner in Los Angeles.
Are women opting for those lower-paying practices or is there an invisible hand that steers them there?
Atlanta lawyer Claud "Tex" McIver had a lot of guns. No one disputes that.
A lawyer for former Dewey & LeBoeuf executive director Stephen DiCarmine on Tuesday sought to inject doubt in the minds of jurors nearing a potential verdict in the long-running criminal case over the firm's demise.
Cloud-based law firms still face skepticism from some pockets of the legal market. But there are signs that they are becoming stiffer competition for Big Law.
Baker Botts civil litigators Kevin Jordan, Walter Lynch and Michael Cancienne—partners in the firm's Houston office—have left to start Jordan, Lynch & Cancienne.
Skadden, Arps, Slate, Meagher & Flom, Weil, Gotshal & Manges and Wachtell, Lipton, Rosen & Katz are advising on a proposed $24 billion deal that will see Becton, Dickinson & Co. acquire medical device manufacturing rival C.R. Bard Inc. Skadden and Wachtell also advised on another $6.1 billion deal involving Cardinal Health Inc.
Six lawyers, including three partners, are leaving Norton Rose Fulbright for King & Spalding's office in Austin, Texas.
Sullivan & Cromwell snags Adam Szubin, a former acting under secretary for terrorism and financial intelligence at the Treasury Department, as of counsel for its financial services group in Washington, D.C. Szubin was a key architect of the Obama administration's controversial nuclear deal with Iran.
Labor and employment lawyers at Fisher & Phillips were in demand in 2016, helping the firm boost its gross revenue to $176.5 million, a hefty 11.7 percent increase from the year before.
"From the moment Neil left, we were missing him and hoping he would return," said Kirkland's Eugene Assaf.
In the Dewey & LeBoeuf criminal case, counsel for former firm executives Joel Sanders and Stephen DiCarmine said Monday that they would proceed to summations without putting either defendant on the stand or calling their own witnesses.
A U.S. Supreme Court victory against Visa and Mastercard over ATM fees has helped unite two solo antitrust litigators to form a bicoastal firm.
A new distillery launched by Mayer Brown tax attorney Russell Nance is part of the growing popularity of craft spirits.
Linklaters is set to make its long-awaited move into Chinese law with a team of almost 20 lawyers breaking off to set up a new "best friends" firm in the Shanghai Free Trade Zone.
Many law firms eased back on partner promotions last year, but the slowdown was less pronounced in New York—especially in corporate practices.
Foley & Lardner, which more than a year ago broke off discussions about a potential combination with Eversheds, is on the hunt for a merger partner in New York. One firm that has drawn Foley & Lardner's interest is boutique Friedman Kaplan Seiler & Adelman. The two firms share more in common than just tie-up talks.
For American media audiences, the Bill O'Reilly saga had pretty much everything, from sex and celebrity to money and politics. For law firms and their clients, it was also a reminder: In the biggest scandals, there's nothing internal about internal investigations.
Just like the Fox News Network LLC, some law firms would be equally reluctant to get rid of a top rainmaker who behaved badly.
The marijuana vending machine startup Medbox Inc. got smoked last month by the U.S. Securities and Exchange Commission, which accused the cannabis company of filing sham earnings reports. It was the latest in a series of setbacks for Medbox, now called Notis Global Inc., and its growing ranks of lawyer-owners.
It's time to submit your entry for The American Lawyer's Litigation Departments of the Year, which recognizes top litigation departments in overall excellence, intellectual property, products liability, and regulatory/white-collar.
The partnership follows the departure from K&L Gates of Pittsburgh partner Roberta Anderson, a co-founder of the firm's 6-year-old cybersecurity practice.
Attorneys must refrain from using apparently privileged documents, regardless of when or how they were received, the Fourth District says.
Real estate attorney David Podein describes his law school-era bout with cancer.
Bilzin Sumberg isn't on the list of the 200 top grossing U.S. law firms, or that of the firms with the most lawyers. But it regularly ranks among them in terms of profits per partner and revenue per lawyer.
Obermayer Rebmann Maxwell & Hippel has reached a settlement with a former associate who claimed he lost out on bonuses due to an unfair billing system.
A Chicago federal jury on Thursday awarded $3 million to the widow of a former leader of Reed Smith’s corporate department, finding pharmaceutical giant GlaxoSmithKline plc liable for the 2010 suicide of Stewart Dolin.
Feuerstein Kulick, a five-lawyer boutique formed last year in Manhattan, has received a surge in interest from clients keen on opportunities in the legal cannabis market following legislation introduced in Canada last week that would legalize marijuana north of the border.
Jeff Dorrill, a partner in Haynes and Boone in Dallas, will compete against athletes half his age in a national championship.
Collecting and normalizing business intelligence data, building a data warehouse, and effective presentation for outside the organization will be key concepts at the 2017 CLOC conference.
Here's one way to get your name on the letterhead at an elite law firm: Earn half a billion dollars from a single client.
Vidal, who has represented companies like PayPal and VMware, is leaving Fish & Richardson after 20 years at the firm.
JL Salazar Law Firm, an intellectual property firm in Houston, seeks up to $1 million in damages from former member Valerie Friedrich, who departed the firm on March 1.
A joint trial of ex-pharmaceutical executive Martin Shkreli and Evan Greebel, his co-defendant in a fraud case and his former lawyer, would present a "serious risk" that Shkreli would not receive a fair trial, a federal judge ruled on Wednesday.
Troy Zander, a venture debt finance partner at DLA Piper in Silicon Valley and San Diego, is headed to Cooley. Zander served as an office managing partner in San Diego for DLA Piper, which has two offices in the city. Litigation partner Jesse Hindman also recently left DLA Piper in San Diego to start his own shop.
The two firms claim they are being targeted because the real fraudster is broke and owes millions of dollars.
If your firm has been spending big bucks on branding, paying fat bonuses or packing associates off for courses at Harvard Business School, you've just wasted your partners' hard-earned money.
In a slugfest between two prominent New York litigators, plaintiffs lawyer Douglas Wigdor on Wednesday cited his appreciation for Fox News and his financial backing for Donald Trump's presidential campaign to refute the suggestion that he's part of a left-wing conspiracy against newly-ousted Fox commentator Bill O'Reilly.
Garrett Ordower is joining Lake Whillans in New York, where he'll help vet cases for potential investment.
Kerrie Campbell, a litigator at Chadbourne & Parke who brought a $100 million gender bias suit against the firm, was expelled from its partnership Thursday. In a memo to all Chadbourne partners, Campbell sought to avoid such a fate, which came after 70 partners voted in favor of her exit. She was the only dissenting vote.
"A bunch of the anti-Mexico rhetoric that you heard from the president has now faded," says King & Spalding's James Bowe.
Anton “Tony” Valukas, a longtime partner and leader of Jenner & Block, will step down as chairman at month’s end. Valukas, one of The American Lawyer’s Lifetime Achievers, will not be replaced in the honorary role but remain a senior partner at the Chicago-based Am Law 100 firm.
Law school administrators say concerns are growing from foreign students about how the myriad immigration and travel policies emerging from Washington could impact their plans to obtain LL.M degrees in the United States.
Oblon, McClelland, Maier & Neustadt, a suburban Washington, D.C.-based IP firm, has hired partner Alexander Hadjis from Cadwalader, Wickersham & Taft, which he joined in early 2014 from Morrison & Foerster. Hadjis headed Cadwalader’s International Trade Commission group and co-chaired the firm’s technology industry practice.
Patrick Sinclair is the latest former federal prosecutor to wind up in the Hong Kong office of a U.S. firm.
A federal judge in Manhattan on Monday declined to temporarily block Chadbourne & Parke’s partnership from voting to expel Kerrie Campbell, a partner in Washington, D.C., who is leading a $100 million gender discrimination action against the firm.
A study by ALM Intelligence found that women are better represented in niche legal fields such as immigration and family law, but underrepresented in top-tier Big Law practice areas like corporate and litigation. Female talent is also underrepresented in states with large law school talent pools, according to the analysis.
Sanford Heisler said outgoing Tennessee federal Judge Kevin Sharp will expand the firm and help it trade blows with Chadbourne & Parke in a $100 million sex bias suit.
The world’s largest law firm by head count asked several U.S.-based partners to leave after it failed to meet its 2016 budget, multiple sources said.
O’Melveny & Myers has hired Irwin Raij, co-chair of the sports industry team at Foley & Lardner in Miami, New York and Washington, D.C., as a partner and co-chair of its sports industry group. The addition of Raij is the latest lateral recruit by O’Melveny in the sports space this year.
What do security software, ski resorts and casual dining chains have in common? Skadden, Arps, Slate, Meagher & Flom, which got the first quarter of 2017 started by snagging roles on three notable M&A deals. Alas, the firm was shunted aside by Latham & Watkins on another major transaction for film studio Metro-Goldwyn-Mayer Inc.
A federal appeals court has reinstated a fraud lawsuit against K&L Gates and two of its former partners alleging that the attorneys exploited their past representation of a publishing executive to undermine his efforts to acquire assets from a bankruptcy sale.
When news broke Thursday of Dan Rooney's death, the National Football League community mourned the loss of one of its great icons. For Buchanan Ingersoll & Rooney, the loss of the Pittsburgh Steelers' chairman at 84 marked the passing of a longtime client and friend, as well as an innovator for workplace diversity.
Plaintiffs lawyers from Robbins Geller Rudman & Dowd discuss the road to the settlement they reached with Trump U.
When it comes to relationship man¬agement, many firms fail to con¬sider the value client involvement can bring to key business processes such as succession planning or cli¬ent team transitioning.
The bankruptcy filings this week of global IT consultancy Ciber Inc. and a pair of medical device makers have left several big firms holding the bag. Ciber owes thousands in unpaid legal fees to Polinselli, while Duane Morris, Simpson Thacher & Bartlett and two California firms are listed as unsecured creditors another Chapter 11 case.
Being bumped from an airplane is a raw deal. Sitting on a jury is way worse. What could be done to change that? Fair pay.
Judges are public figures, problem-solvers and make life-or-death decisions—all of which can make it difficult to seek help with depression or other mental health issues.
A longtime partner who was de-equitized before the firm's collapse can't collect more than $1 million in back pay because he was still technically a shareholder, the Ninth Circuit ruled this week.
In its latest hire of a former federal prosecutor in the Obama administration, Debevoise & Plimpton has hired Winston Paes as counsel for its white-collar defense and regulatory group in New York. Paes leaves the U.S. attorney's office in Brooklyn on the eve of its high-profile securities fraud trial of ex-Katten Muchin partner Evan Greebel.
Lawyers for a 76-year-old Atlanta lawyer accused of stealing from a longtime client say he suffers from dementia and scans show a "black hole" in an area of the brain that affects judgment and personality.
Having finally opened a New York office almost a year ago, the Silicon Valley stalwart has hired Foley & Lardner partner Jeffrey Greene to bolster its base in the Big Apple. Greene served as vice chair of his former firm’s department.
Kerrie Campbell, who is leading a gender bias suit against Chadbourne & Parke, claims that the firm's planned planned vote next week on her expulsion from the partnership is part of an effort to punish her for bringing the putative class action case.
The two Wall Street firms are advising this week on a pair of initial public offerings by Brazilian airline Azul SA and Latin American e-commerce giant NetShoes Ltd. that have raised nearly $800 million for both companies and generated millions in legal fees.
In the latest of a series of closures involving the global legal giant's international network, DLA Piper is shutting its doors in Canberra.
Thirteen years after suing the Palestine Liberation Organization and the Palestinian Authority—and winning a $655 million jury award in 2015—the American victims and estates of victims of a series of bombings and shootings in Israel are asking the justices to overturn a federal appeals court decision that jettisoned them out of court.
Littler Mendelson lists its "flextime" attorneys right on its website.
A recent Bloomberg Law/Legal Marketing Association report examined how firms are using and plan to use technology for business development.
The attorneys, which include civilian and JAG lawyers, say they are forced to work in conditions that expose them to carcinogens while defending a client from the death penalty.
For U.S. and international law firms in Moscow, soured geopolitics are making a bad business situation worse.
The Chicago-based Am Law 100 firm had a 2016 to remember, as gross revenue rose 15 percent and profits per partner soared nearly 14 percent, helping Kirkland & Ellis break financial records.
After making cutbacks to its equity partnership last year, Shearman & Sterling has recruited two corporate equity partners to its ranks in the Big Apple. One new addition is returning to the firm after a nearly two-year stint at Bridgewater Associates LP, the world’s largest hedge fund.
One is a partner at Mayer Brown; another is a partner at Reed Smith. Both are adamant about helping LGBT lawyers thrive in the profession.
Jackson Lewis' workthruIT site serves as a digital tool suite for general counsel, HR and employers for workplace-related issues.
Reed Smith is opening a Miami office with an international arbitration practice picked up from the Miami-based boutique firm Astigarraga Davis. The Astigarraga firm is splitting up, but more than half its lawyers will continue to work together at a new firm.
Adams and Reese has landed a 10-lawyer financial services team from Baker, Donelson, Bearman, Caldwell & Berkowitz to open an Atlanta office and another in Fort Lauderdale.
A former Baylor University football official is dropping his libel suit against the university and Pepper Hamilton, but his claims may not be gone forever.
Almost a year after acquiring a New York-based litigation boutique, the newly-minted Boies Schiller Flexner has absorbed Los Angeles-based litigation firm Caldwell Leslie & Proctor. The move comes amid a restructuring at Boies Schiller that has resulted in several partners leaving the firm as it re-focuses itself on high-end litigation work.
Shearman & Sterling's report on the Wells Fargo sham-accounts scandal didn't hold any punches. And the bank's law department didn't escape scrutiny. The report found the law department "did not appreciate that sales integrity issues reflected a systemic breakdown in Wells Fargo's culture and values and an ongoing failure to correct the widespread breaches of trust in the misuse of customers’ personal data and financial information." Wells Fargo CEO Tim Sloan said the report provides a new opportunity to "learn from our mistakes."
Based on what I've seen, many if not most lawyers (except for the junior ones) work wherever they want.
In a new suit, eSentio Technologies accuses HBR Consulting of derailing its bid for document management work from Akin Gump and King & Spalding.
Alvaro Gomez de Membrillera Galiana, a corporate partner at Simpson Thacher & Bartlett in London, has agreed to join Paul, Weiss, Rifkind, Wharton & Garrison in the city.
The good times are rolling again for New York's elite law firms.
The tech bubble may have burst more than 15 years ago, but large law firms are still taking equity stakes in startup companies that they help bring to market.
He was not quite Whitey Bulger, but federal prosecutors in Boston announced Friday the arrest in Florida of Scott Wolas, a disbarred lawyer accused of perpetrating a $1.5 million real estate investment fraud in Massachusetts. Wolas, booted from Hunton & Williams in 1995, has been on the run for two decades.
A federal prosecutor in the securities fraud case against pharmaceutical executive Martin Shkreli and his ex-counsel Evan Greebel accused the defendants on Friday of strategically “ramping up” the animosity between them in an effort to sever their cases.
Weil, Gotshal & Manges, no stranger to big bankruptcy fees, has disclosed how much it was paid by Westinghouse Electric prior to the nuclear energy company's recent Chapter 11 filing. The Trump administration and Japanese government are seeking to avert a sale of Westinghouse—owned by Toshiba Corp.—to Chinese buyers.
Employment in the U.S. legal sector took another hit in March, with the industry losing 1,500 jobs, according to preliminary data released Friday by the U.S. Department of Labor.
The final round of arguments in the U.S. Supreme Court this month will give soon-to-be Justice Neil Gorsuch opportunities to reveal how he would deal with a range of issues, including government support of religious institutions and requirements for securities and product liability claims.
An Illinois realtor who accused the former House speaker of misusing federal funds bombed with U.S. District Judge Charles Cocoas, who dismissed the suit on Thursday.
A five-lawyer public finance group from Winston & Strawn has joined Katten Muchin Rosenman's New York office as the firm looks to expand its practice presence nationwide. James Normile, one of the partners making the move, is leaving an office he joined 30 years ago from now-defunct Finley Kumble.
Jackson Lewis has brought on litigation partner Kristopher Badame in Irvine, California, from his own plaintiffs’ shop in nearby Lake Forest. Badame, who coaches amateur hockey in his spare time, will transition his practice to doing corporate defense work at his new firm.
Having just opened an office in Sacramento, Buchalter sought this week to grow its new outpost in California's capital by recruiting a team of lawyers from LeClairRyan.
Preet Bharara said he refused to resign when asked to do so last month to make sure the record reflected that President Donald Trump changed his mind and decided to fire him as U.S. Attorney for the Southern District of New York.
Now that Mary Jo White is out of government and back at Debevoise, her husband John White has returned from equity exile at Cravath.
Vinson & Elkins represents Sunoco LP in its pending $3.3 billion sale of more than 1,000 convenience stores, some in Texas, to 7-Eleven, which turned to Akin Gump Strauss Hauer & Feld.
"I have 116 lawyers at this firm. They need to feed their families," says Steve Susman.
Who knew the vice president was such a lustful rascal?
Seven months after slapping a $100 million gender bias suit against Chadbourne & Parke, litigation partner Kerrie Campbell in Washington, D.C., could finally be on the outs. The firm said Wednesday that a partnership vote would determine her future at Chadbourne.
From Akin Gump to Wilson Sonsini, law firms are protesting the principle that bankruptcy trustees can claw back profits from client matters that partners take with them from defunct firms.
In response to a former associate's lawsuit over bonuses, Obermayer Rebmann Maxwell & Hippel is countering that its associate bonuses are discretionary, and the credits it uses to calculate bonuses don't amount to "tangible" property.
Corporate legal departments pushing for greater diversity in outside counsel are also taking steps to improve diversity in-house. Adobe Systems Inc.'s general counsel is among those involved.
Led by a strong wave of cross-border combinations, law firm merger activity in the first quarter of 2017 continued to accelerate as legal services shops gained growth and market share through acquisitions, according to reports by legal consultancies Altman Weil Inc. and Fairfax Associates.
A Citibank analysis of results for the second half of 2016 shows that firm leaders' expectations were too optimistic.
Armstrong Teasdale, Kirkland & Ellis, Munger, Tolles & Olson and Canada's Osler, Hoskin & Harcourt are advising Payless ShoeSource Inc., as the Topeka, Kansas-based shoe retailer filed for bankruptcy Tuesday in St. Louis and announced plans to shutter 400 stores.
Marshall Dennehey Warner Coleman & Goggin, a 482-lawyer firm with Philadelphia and New York roots, has formed a global insurance network with firms in Canada, Spain and the U.K. The move comes more than two months after insurance industry rival Wilson Elser Moskowitz Edelman & Dicker launched its own international network.
A team of technology transactions partners at Weil, Gotshal & Manges in Silicon Valley led by M&A rainmaker Richard “Rick” Climan are poised to join Hogan Lovells. But the group is still listed on Weil’s website and it remains unclear when their notice period will expire.
Jay Edelson, founding partner of Edelson PC, called the complaint filed by a litigation foe "an attempt to do some late-in-the-game damage control" and promised an aggressive response.
Does the dearth of women at the top stem from fear of rejection? Not exactly. After a botched interview or a unflattering review, they're less likely to try again.
Firms are ranked on both the number and value of the deals handled in specific transactional areas, including Asset-Backed Securities, Bankruptcy, Equities, High-Yield Debt, Investment-Grade Debt, IPOs, Mergers & Acquisitions, Mortgage-Backed Securities, Municipal Bonds, Private Equity, Project Financing, REIT Debt, and REIT Equities.
The American Lawyer's Corporate Scorecard tracks the transactional practices of leading firms. See below for details on how the rankings are assembled; click here to return to the 2017 Corporate Scorecard.
The firm is taking on three attorneys, including the name partner, from Handal & Associates.
Atlanta police announced Tuesday afternoon that a Roswell man was in custody in connection with the shooting death of Trinh Huynh, who arrived as a child refugee from wartorn Vietnam, grew up in Georgia and dedicated herself to the Atlanta legal and immigrant community.
Michael Cohen, a personal lawyer to President Donald Trump who started his own firm two weeks ago, has agreed to form a strategic alliance with global legal giant Squire Patton Boggs.
Advanced discussions on a potential combination between Crowell & Moring and Herrick, Feinstein have ended, both firms announced in a joint statement Monday evening.
The firm's key financial metrics grew by less than 3 percent.
The merger of Arnold & Porter and Kaye Scholer and the pending deal between Norton Rose Fulbright and Chadbourne & Parke present some unique challenges, contributor Hugh A. Simons writes.
One of the world's largest independent oil exploration and production companies is bidding adieu to Canada's massive oil sands. Three leading Canadian firms and a pair of Am Law 100 shops have grabbed lead roles on a $13.3 billion deal by Houston-based ConocoPhillips' to unload the bulk of its assets up north.
Want to know what Jones Day's biggest names made last year? How about partners at other major firms? The White House's staff financial disclosures, released over the weekend, offer rare glimpses inside the wallets of some of Washington's most well-known lawyers. We've highlighted details from 12 lawyers' disclosures.
San Francisco-based Altshuler Berzon and Sidley Austin were among a dozen outside law firms to have received payments in 2016 from the Major League Baseball Players Association. The labor union, one of the most powerful in professional sports, disclosed the fees in an annual Labor Department filing.
Before Stewart Dolin's suicide in 2010, he told his therapist he felt inadequate as a Reed Smith practice leader. It's a feeling therapists say that lawyers, as a group, often struggle with, especially following mergers. But Big Law has a zip-lipped culture when it comes to mental health concerns.
With firms opening Dallas offices and laterals moving from firm to firm, the Dallas legal market is in play in 2017.
DLA Piper's international expansion spree continued Friday as the legal giant announced a tie-up with 150-lawyer Danish firm LETT. The local shop will be absorbed into DLA Piper’s Nordic verein.
Don’t rely on the Trump administration to help solve the growing student debt crisis, says columnist Steven J. Harper.
Dechert has revamped its talent and diversity leadership, bringing in two Big Law veterans to lead lawyer development and diversity initiatives.
"Americans deserve a president of undivided loyalty," the Wallace Global Fund told Morgan Lewis' leader. "Your firm has denied them that."
Covington & Burling is bulking up its patent practice on both coasts by recruiting two former judges with the U.S. Patent Trial and Appeal Board.
An investment funds group from Stroock & Stroock & Lavan led by Stuart Coleman, the firm's former co-managing partner and chair of its investment management practice, is peeling off for Proskauer Rose.
A Canadian man accused of stealing more than $23 million from more than 100 lawyers, including some in Pennsylvania, has been convicted of conspiracy to commit mail fraud, wire fraud and money laundering in the U.S. District Court for the Middle District of Pennsylvania.
A defense lawyer for Reza Zarrab confirmed the attorneys' involvement in response to a court order but said details of the representation are confidential.
Kasowitz, Benson, Torres & Friedman is now just Kasowitz Benson Torres. Name partner David Friedman left the firm to become the new ambassador to Israel under the Trump administration. The name change comes as the firm reports a down year in 2016.
Debevoise & Plimpton saw its gross revenue, profits per partner and revenue per lawyer and head count drop in 2016. The firm started off 2017 by bringing back former partner and litigation leader Mary Jo White as senior chair.
Commercial litigation finance is a growing industry. But when it comes to the people who laid its foundations and those who are propelling the business today, it is an exceedingly small and interconnected world. Many key figures trace their roots to elite law firms or Wall Street institutions.
Government contract boutique Nichols Liu, led by ex-Covington partner Robert Nichols and other law firm and federal agency alums, made its formal debut this week.
A small Houston construction firm seeks damages from John and Jane Doe, alleging in a lawsuit that they authored false and defamatory reviews on various online websites.
Ballard Spahr, Faegre Baker Daniels, Krieg DeVault and several other firms are advising the U.S. governing bodies for hockey and gymnastics, both of which are dealing with major legal matters that could affect their future.
Mintz Levin credits strong lateral hires and a focus on collaboration across practice areas and offices.
Skadden is advising Japan's Toshiba Corp. on its decision to put its Pittsburgh-based Westinghouse unit—advised by Weil, Gotshal & Manges—into bankruptcy in New York. The Chapter 11 filing comes a month after Toshiba took a $6.3 billion write-down on cost overruns for Westinghouse, a major player in the U.S. nuclear power industry.
Squire Patton Boggs edged total revenues closer to the $1 billion mark and boosted average partner profits to nearly $1 million in 2016, in what global managing partner Steve Mahon called the firm's "best year ever."
Lawyer billing rates in the South Florida market grew more slowly than in most large markets through 2015 and a larger percentage of the work went to smaller law firms than it did in larger cities
The global legal giant has established another cooperation agreement in Latin America with Peru's Pizzaro, Botto & Escobar. The 40-lawyer firm will now be known as DLA Piper Pizarro Botto Escobar in Lima.
Hogan Lovells is poised to hire a high-profile technology transactions team in Silicon Valley from Weil, Gotshal & Manges led by partners Richard 'Rick' Climan, Keith Flaum, Jane Ross and John Brockland. The quartet headed to Weil five years ago ahead of the collapse of Dewey & LeBoeuf, which they joined from Cooley in 2009.
A new aviation and aerospace practice is ready for launch at Jenner & Block. The Chicago-based Am Law 100 firm has hired three new leaders of the practice from Crowell & Moring and United Airlines Inc.
William Uchimoto, a former partner at Buchanan Ingersoll, Saul Ewing and Stevens & Lee, says the only one guilty of misconduct in his case was the SEC.
Companies and firms are dealing with lawyers' social media use on a case-by-case basis, leading to uncertainty, in-house and outside counsel say.
EpiPen maker Mylan N.V. announced Tuesday that Daniel Gallagher has been appointed chief legal officer, effective April 17. Gallagher served as a commissioner of the U.S. Securities and Exchange Commission from late 2011 to late 2015. He previously held various staff roles at the agency, including as counsel to two commissioners.
Almost 60% of partners think Deutsche Bank’s plan to stop paying panel law firms for work carried out by junior lawyers is unreasonable, according to a new survey.
Wilmer Cutler Pickering Hale and Dorr pruned attorney head count but kept revenue stable last year, as high-profile clients from Washington, D.C., to California turned to the firm to keep regulators and courtroom adversaries at bay.
How to use gamification for business development.
Enough outside law firms to represent nearly every position on a football field grabbed roles Monday on a deal to relocate to Las Vegas the National Football League's Oakland Raiders. In a 31-1 vote, NFL owners approved the team's move that will involve a record-setting sum of public money.
Randolph Adler Jr. and Michael Chung, once a pair of laid off Skadden associates, merged their own boutique with Dentons in 2015. Now the duo are leading a six-strong team decamping Dentons for Fox Rothschild, where Adler will co-chair the firm’s emerging companies and startup group. In the end, a global platform just didn’t matter.
It's time to submit your entry for The American Lawyer's Global Legal Awards, which recognizes the best cross-border work of the year.
While some large law firms are cutting back on their intellectual property practices, California-based Knobbe, Martens, Olson & Bear is in expansion mode. The IP-focused firm, which saw its gross revenue rise to $220 million in 2016, is preparing to move five lawyers to a new office in New York.
Hourly rates are rebounding strongly from the post-recession doldrums and Big Law is leading the way in capturing more money for their time. Nonetheless, overall demand for lawyers’ time continues to fall, according to an analysis released Monday of actual legal invoices from nearly 100 companies.
Akerman associate Dale Noll assumed the helm as president of the National LGBT Bar Association this month.
This is not a press release. Kirkland & Ellis, Latham & Watkins and Graubard Miller are advising on the $2.4 billion sale of public relations software and technology firm Cision Inc., owner of products like PR Newswire, Gorkana and Help a Reporter Out. The deal will see Cision go public after combining with a blank check company.
Radical change is not easy to pull off at large or even midsize firms, which often are weighed down by bulky staffs, layers of bureaucracy and decades of tradition.
A federal appeals court on Friday rejected an attempt to loosen restrictions on private investment in the legal industry, dismissing arguments that ethics rules impinge on lawyers’ First Amendment rights.
Three current and former female partners seeking certification of a gender bias class action against Chadbourne & Parke saw the firm file its response opposing that motion late Thursday. Chadbourne’s managing partner Andrew Giaccia and retired partner Mary Yelenick, who is among those suing the firm, also both filed court papers in the case.
Reginald Brown, chairman of Wilmer Cutler Pickering Hale and Dorr's financial institutions group and head of the firm's congressional investigations practice, has been retained by President Donald Trump's former top campaign adviser Paul Manafort Jr. as he prepares to answer questions about his alleged ties to Russia.
Houston trial and intellectual property firm sued former lawyer Erik Osterrieder, alleging he took confidential client information and stored it "off-site" at his private firm.
Here are some of the congressional attorneys playing a role in the health care legislation efforts, representing both parties, both chambers and various committees. They include Kim Brandt, chief oversight counsel, Senate Committee on Finance; Nick Bath, health policy director, Senate Committee on Health, Education, Labor and Pensions (HELP); Mike Bloomquist, deputy staff director House Committee on Energy and Commerce; Karen Christian, general counsel, House Committee on Energy and Commerce; Allison Halataei, general counsel, House Committee on Ways and Means; and Jane Lucas, legislative director for Sen. John Thune, R-South Dakota.
Fending off questions about his lucrative law practice and potential conflicts of interest, Jay Clayton, the Sullivan & Cromwell partner who was nominated to lead the U.S. Securities and Exchange Commission, on Thursday defended his private sector experience as an asset and said he was "committed to showing no favoritism to anyone in this position."
The 320-lawyer firm reported $353 million in gross revenue, a 6 percent increase over the $332 million that it posted in 2015. Revenue per lawyer also rose to $1.1 million.
Fox Rothschild is installing a half-dozen new office managing partners, including in the firm's largest offices, effective April 1.
The firm, in the midst of a major revamp of its office space around the country, saw a continued increase in all major financial metrics in 2016.
Cozen O'Connor's expanding Miami office has hired three additional litigators: two long-time White & Case lawyers and a third who is a law school classmate of one of the hires, and the son of the other.
Steven Witmer, an employee benefits and executive compensation partner at Ivins, Phillips & Barker, has returned to the firm’s Los Angeles office after joining Morgan, Lewis & Bockius in a three-partner lateral move in January. Two of the partners that moved with him have chosen to remain with Morgan Lewis in Washington, D.C.
A recent disqualification ruling found that neither Kasowitz, Benson, Torres & Friedman nor DLA Piper should be representing their respective clients in a contract dispute both sides had conflicts of interest.
Responding to legal threats by Detroit Mayor Mike Duggan, Jones Day's managing partner vigorously defended the firm’s work on behalf of the Motor city and called its top elected official a "political hack."
The film finance vehicle of Boies Schiller Flexner's David Boies and the son of a fellow co-founding partner of the firm has filed a fraud suit against a Florida investor over the 2016 film “Jane Got a Gun.”
In the inexorable march toward greater global consolidation, will law firms steer clear of the verein structure?
Last year's big merger with a Wisconsin firm translated into big revenue gains for Husch Blackwell.
A recent investment in artificial intelligence-enabled legal research technology signals law firm acceptance and adoption of such technology.
Psychiatrist David Healy has railed against GlaxoSmithKline and other pharmaceutical firms' clinical studies for years. Despite GSK's lawyers' best efforts, he did so again in Chicago this week as an expert in a trial over the 2010 suicide of a former Reed Smith practice leader.
DLA Piper is pulling out of the former Soviet republic of Georgia, with rival global legal giant Dentons poised to take on all of the firm's 11 lawyers in Tbilisi.
A Louisiana man, injured in an offshore platform accident in 2014, seeks more than $1 million from Houston plaintiffs firm and two lawyers.
Atlanta-based Alston & Bird has scooped up financial services litigator Michael Agoglia from Morrison & Foerster and a seven-lawyer class action defense team led by Robert "Bo" Phillips Jr. from Reed Smith to open a San Francisco office and expand its Los Angeles office.
Paul Manafort Jr., a lawyer and former top campaign adviser to President Donald Trump, is once again in the spotlight. Hacked text messages involving one of his children, an ex-associate at Skadden, Arps, Slate, Meagher & Flom, are revealing more details about his work in Ukraine and the firm's role for one of his key clients.
A pair of investment funds partners are on the move in New York. McDermott Will & Emery has hired Fried Frank partner Ian Schwartz to head its investment funds group, while Reed Smith added King & Wood Mallesons partner Parik Dasgupta, an international investment funds pro who re-joins dozens of former colleagues at the firm.
Arent Fox has kept up a growth streak that few other Big Law firms can match.
Deutsche Bank's decision not to pay newly qualified lawyers in London is the first apparent instance of a U.K. client adopting the trend long seen in the United States.
Meital Stavinsky joins Holland & Knight as co-chair of its Israel practice.
The Houston-based firm's profits per partner exceeded the $2 million mark in 2016.
Saul Ewing, Skadden, Morgan Lewis and Morrison & Foerster have landed roles on the latest batch of big bankruptcies in the oil and gas sector. The prolonged economic slump in the energy industry also has other firms on the opposite side of the Chapter 11 ledger.
The global legal giant will close its small office in Berlin on April 3 after a team departs for British firm DWF.
A Menlo Park company is trying to find a better way to bring GCs and outside counsel together, but some GCs remain reluctant about the idea.
After ticking upward in 2015, Morrison & Foerster saw its financial performance slide last year. Gross revenue at the firm fell 3.5 percent, to $945 million, as revenue per lawyer and profits per partner also dropped to $990,000 and $1.41 million, respectively.
It was another big deal week for Skadden, Arps, Slate, Meagher & Flom, which scored roles on Intel’s $15.3 billion acquisition of self-driving company Mobileye NV and Wenner Media on its $100 million sale of Us Weekly to American Media Inc., owner of the National Inquirer.
Admissions officials who have seen an increase say that a Trump effect is contributing to greater interest in the law, from both his supporters and those who oppose his policies.
Stewart Dolin, a leader of Reed Smith’s corporate department, committed suicide in 2010. His widow seeks $12 million for his death, alleging it was the result of an antidepressant whose suicidal side effects were covered up by GlaxoSmithKline. The pharmaceutical giant claims that Dolin’s death was the result of an unpleasant work environment.
A close partnership, a mob trial, and the anatomy of a breakup for Eizen, Fineburg & McCarthy.
A pair of legal giants—Baker McKenzie and Jackson Lewis—are joining the rush of Am Law 100 firms touting programs that permit their employees to work from home, while also presumably helping their employers shed some costly office space in the future.
A key witness in the criminal retrial over the collapse of Dewey & LeBoeuf told a New York jury Friday that he never discussed improper accounting adjustments with former Dewey executive director Stephen DiCarmine.
The South Carolina-based firm has opened an office in Gardena, California, a city just south of downtown Los Angeles, after hiring a new local managing partner in Richard Otera, most recently general counsel at Sumitomo Electric Industries Ltd. Three other partners have also joined the firm’s first outpost on the West Coast.
William Barr, a former U.S. attorney general under President George H.W. Bush, has returned to Kirkland & Ellis as of counsel in Washington, D.C. The move was not announced by Kirkland, but Caterpillar Inc., which recently hired Barr and the firm to advise it in an investigation.
2017 has arrived with a bang: expenses are back on the rise and demand growth is trending negative. Last year in the March issue of this publication, we hypothesized what the results of the 2016 Mattern & Associates Cost Recovery Survey would reveal. With the results tabulated, let's see how accurate our predictions were as well as analyze the results.
Choate Hall & Stewart reported record-high revenue and profit in 2016 and its revenue per lawyer is now among the highest of any law firm based in the U.S.
Nearly nine out of 10 midsized Los Angeles law firms were approached in the past year by another firm looking to merge, according to a survey by legal consultancy the Zeughauser Group. Almost half of those firms are open to the possibility of a combination.
The two Am Law 100 firms are advising separate sides of a dispute over wages between the U.S. women’s national hockey team and USA Hockey Inc. ahead of a major tournament later this month.
As the Dewey & LeBoeuf criminal retrial continued Thursday, a lawyer for former Dewey chief financial officer Joel Sanders pressed a key witness about changes to his cooperation and plea agreement after an earlier trial ended with a hung jury in 2015.
Fast-growing Wilson Elser has opened an Atlanta office—its first in the Southeast—with a six-lawyer team from Gordon & Rees led by Jeffrey Melcher.
This Big Law associate is a mysterious blogger on a mission to prevent young lawyers from falling prey to their own lousy money management.
Jones Day, a firm with close ties to the current U.S. president, saw its offices in Germany raided Wednesday by local prosecutors investigating its client, Volkswagen AG, as part of a probe into an emissions software scandal at the auto giant.
Evolve Law CEO Mary Juetten explained at the ABA Tech Show how law firms can employ metrics in improving their client services.
If anyone knows what it takes to be a successful divorce lawyer it's Eleanor Alter.
Even with cost-conscious clients keeping industrywide demand in check, Duane Morris edged forward in 2016, hitting new highs for revenue and profits per equity partner.
After lawyers for Alphabet Inc. subsidiary Waymo balk at providing confidential documents, Judge William Alsup promises to vet an Uber in-house attorney for access.
Robert Schulman, who joined the firm in 2015 from Hunton & Williams, has been convicted of insider trading in New York for passing on a tip related to Pfizer Inc.'s $3.6 billion acquisition of King Pharmaceuticals Inc.
Linda Goldstein, the former head of the advertising, marketing and new media practice at Manatt, Phelps & Phillips, has left the firm's New York office for Baker & Hostetler. She brings with her Manatt partner Holly Melton.
The global legal giant, having just absorbed firms in Costa Rica and the Netherlands, is slashing 60 jobs in the U.S. and up to five lawyer jobs in the U.K. in order to streamline its operations.
Brent McIntosh, co-leader of Sullivan & Cromwell's cybersecurity practice, was nominated on Tuesday to lead the U.S. Treasury Department's general counsel office. McIntosh joins a team of other attorneys from the firm who have taken or been nominated for key posts in the Trump administration.
Ubiquitous news of law firm data breaches, even among BigLaw, spotlights a treasure trove of trade secrets, confidential and strategic transactions, and sensitive client information. No wonder law firms are perceived to be attractive targets of cyber-attacks. Attractive? You can't help that. Easy? Not so fast.
Mary Yelenick, a former chair of Chadbourne & Parke's products liability group who last month sought to join a $100 million gender discrimination case against the firm, has filed a declaration with a federal court in New York detailing her claims and criticizing the firm’s methods for compensating partners.
Burford Capital Ltd. announced another banner financial year Tuesday, with profit after tax rising 75 percent from the year prior as the publicly traded litigation funder committed $378 million to new investments, a yearly increase of 83 percent.
Perkins Coie posted solid financial growth in 2016, with gross revenue edging up 4.3 percent to $781 million while profits per equity partner grew by 7.3 percent to just less than $1.2 million.
Boies Schiller Flexner, in the process of winding down its corporate practice, will see the bulk of those lawyers head to Paul Hastings in New York.
Pierce Sergenian, a Los Angeles-based firm formed in January by John Pierce, a short-lived litigation leader at K&L Gates, is expanding by hiring a Kirkland & Ellis partner and an of counsel from Quinn Emanuel Urquhart & Sullivan.
Former Dewey & LeBoeuf finance director Francis Canellas, a key witness in the long-running criminal case over the firm's collapse, told a New York jury on Monday that the now-defunct firm failed to tell lenders about its struggles to pay vendors and partners in the years before its 2012 bankruptcy.
In the first deal of its kind, Burford Capital Ltd. is poised to make a 91 percent return on its $26 million purchase of a portion of a bankruptcy judgment. Burford will likely collect $50 million after an appeals court affirmed the $213 million judgment the litigation funder bought into.
The decline in gross revenue was caused entirely by currency exchange rates and did not reflect what the firm called a "very solid" year.
Hogan Lovells’ Neal Katyal, counsel to Hawaii in the case, says “We want everyone to be able to read our work.”
The Chicago-based Am Law 100 firm will shutter its outpost in Rome later this year, a decision that will likely result in the loss of 38 jobs, including 17 lawyers, eight of whom are partners.
Skadden, which has billed SunEdison Inc. for more than $38.4 million in legal fees and expenses since the start of the solar energy giant’s Chapter 11 case last year, is advising the company on the $1.41 billion sale of two key subsidiaries. The firm is also advising a major Hollywood talent agency on another notable deal.
Morgan, Lewis & Bockius recently announced the implementation of a new policy allowing some of its associates in the U.S. and U.K. to work from home. Other large law firms have similar programs, and while they have been credited for improving workplace morale, some lawyers would be well-served to heed potential red flags.
Southern District U.S. Attorney Preet Bharara is out of a job. Bharara, who was told he would keep his position during a meeting with the President-elect at Trump Tower in midtown Manhattan in November, announced via his personal Twitter account that he was fired just before 3 p.m. Saturday. "I did not resign," he said in the tweet. "Moments ago, I was fired. Being the US Attorney in SDNY will forever be the greatest honor of my professional life."
A key witness in criminal case over the 2012 collapse of Dewey & LeBoeuf testified Friday that he facilitated improper accounting adjustments and took steps to hide them from auditors after discussing the adjustments with former Dewey CFO Joel Sanders.
A case for why firms should increase their partner compensation spreads and how they can go about doing it.
A trend in which legal departments are cutting the number of law firms that handle outside legal work does not appear to be slowing, according to a new study.
In Asia, the 648-lawyer firm saw several departures across offices last year, but chair Brad Butwin says his firm remains committed to the region.
A traumatic departure of more than 20 partners and a $32 million contingent fee earned in 2015 conspired to send gross revenue plummeting to $222 million at Schiff Hardin last year.
A group of more than 150 leaders of U.S. firms sent a letter today to the Office of Management and Budget, asking for continued funding for the Legal Services Corp.
The firm landed Travis LeBlanc, a former chief of the FCC's enforcement bureau, as a partner in Washington, D.C., and Palo Alto, California, where Boies Schiller Flexner has also hired Kathleen Hartnett, another ex-government lawyer who spent the past five years handling some controversial matters in the Obama administration.
I am truly sorry that so much of the news and gossip, even in our little world of law, is about Donald Trump.
Mayer Brown's gross revenue inched up in 2016, to $1.26 billion, while its lawyer ranks ballooned 5.2 percent. The firm's equity partnership also grew by 3.1 percent last year.
Testimony from star witness Francis Canellas wasn’t enough to secure convictions against Dewey's leaders in 2015. Will prosecutors fare better this time?
Orrick, Herrington & Sutcliffe saw its head count rise in 2016, although the size of its equity partnership fell. The mixed bag extended to the firm's financials, as gross revenue grew, although profits per partner and revenue per lawyer both declined.
The Chicago-based firm, well-known for its commitment to pro bono work, saw its financial performance level off in 2016 as gross revenue dipped and head count spiked following three years of strong financial growth.
Benefitting from a client roster that includes big banks, British Airways and Volkswagen AG, longtime Sullivan & Cromwell partner Jay Clayton raked in $7.6 million in the year leading up to his nomination to lead the U.S. Securities and Exchange Commission.
Isaac Lidsky, who in 2008 became the first blind U.S. Supreme Court law clerk, writes in a new memoir that working for a Big Law firm after his clerkship felt like trading in a “legal joyride” for a job as a corporate chauffeur.
Greenberg is last of four law firms to settle a legal malpractice suit filed in 2009 by Dyadic International.
Judge appoints retired federal judge to conduct probe of fee requests from Labaton Sucharow, Lieff Cabraser Heimann & Bernstien and Thornton Law Firm.
Kaye Scholer's financial performance took a remarkable beating in its last year as an independent law firm. But managing partner Michael Solow called the 2016 declines a natural result of strategic pruning ahead of the firm's merger with Arnold & Porter at year's end.
Pepper Hamilton has announced the creation of a health sciences department, bringing together more than 110 attorneys from its health effects litigation, health care, life sciences, intellectual property and white-collar/government investigations practices with the goal of better serving its clients in the health sciences industry.
Starting in the fall, it will permit applicants to use the test as an alternative to the LSAT.
Fried, Frank, Harris, Shriver & Jacobson had what global chair David Greenwald described as its best ever year in 2016, with the firm posting record numbers across all key metrics.
A larger Seyfarth Shaw was able to grow its top and bottom lines in 2016, as gross revenue rose nearly 6 percent, to $623.5 million, while profits per partner bumped up nearly 3 percent, to $1.05 million.
The firm, having broken off merger talks with Chadbourne & Parke more than a year ago, saw improvement in several key financial metrics in 2016. While the number of equity partners dropped at Pillsbury Winthrop Shaw Pittman, the firm saw gains in gross revenue, partner profits and revenue per lawyer.
Despite efforts to boost diversity, men still outnumber women more than five to one when it comes to running global practices at the UK’s top law firms. Here, Legal Week speaks to some of those who have made it about how they achieved success, the reality of their roles and their advice to the next generation.
About 100 lawyers and staffers are poised to leave Ropes & Gray within the next few months as the Boston-based Am Law 100 firm prepares to spin-off its patent prosecution practice into an independent firm.
Noel Francisco, a former Scalia clerk, has been the principal deputy SG since late January, and on Tuesday night the Trump White House named him as its nominee for the Senate-confirmed position
Attention, partners and Big Law leaders at newly formed mega-firms. Not to interrupt your post-merger glow, but a report released Wednesday by ALM Intelligence states that most major law firm combinations since 2000 have not resulted in significant growth.
Morrison & Foerster has hired David Newman, a former associate counsel on the National Security Council, as of counsel for its national security, global risk, and crisis management practice in New York. Newman is the latest former member of the Obama administration to join MoFo this year.
Two of the new hires come from Baker & Hostetler, where they specialized in IP.
A Fort Lauderdale bankruptcy attorney who appeared in political ads opposing Donald Trump wants the right to opt out of the settlement deal.
The White House announced the addition of 26 new attorneys, 11 of whom came from major firms.
Blank Rome hit the accelerator in 2016, posting big revenue gains as it added more than 100 lawyers from a failing firm and lured lateral hires from several competitors.
A former McGuireWoods associate is betting he can help legal operations departments make predictions on litigation and spend.
Days after Snap Inc.'s nearly $3.5 billion initial public offering, Orrick, Herrington & Sutcliffe is heading to Santa Monica, where Snapchat's parent company is based.
Orrick lost almost its entire Hong Kong capital markets and corporate practice, which it built up over 11 years, to Morgan Lewis. What will the San Francisco-based firm do now?
Former Niro lawyer David Mahalek represented Intellect Wireless, which was found to have misled the PTO to obtain its patents related to displaying caller ID on wireless phones.
C. Allen Parker, a Cravath, Swaine & Moore partner in New York who has long represented big banks on corporate matters, was named Monday the next top lawyer for Wells Fargo & Co.
It was another day of musical chairs in the capital, with Donald Verrilli bringing another Jenner & Block alum to Munger Tolles, King & Spalding picking up an ex-Florida congressman, a colleague of Sally Yates landing at Linklaters, and the EPA's top lawyer joining Gibson Dunn.
The firm plans to concentrate on efficiency and profitability in 2017.
Bill Jones, former general counsel to Texas Gov. Rick Perry, has joined Barnes & Thornburg in Dallas and Washington, D.C., as a partner in the government services and finance department.
Japan’s SoftBank Group Corp. has continued its frenetic deal pace, brokering a $13 billion merger between satellite operators, investing $3 billion in office-sharing startup WeWork and taking part in a $500 million fundraising round by online lender Social Finance. Morrison & Foerster, a longtime legal adviser to SoftBank, is close behind.
The Richmond, Virginia-based firm, which opened its San Francisco office last year, has hired Chapman and Cutler’s local office leader Peter Szurley. The banking and financial services expert brings with him three other partners.
Christopher Sullivan, a former co-chair of the litigation group and executive committee member at Herrick, Feinstein, has joined Mintz, Levin, Cohn, Ferris, Glovsky and Popeo as a partner in its national litigation practice in New York. His move comes amid merger talks between Herrick and Crowell & Moring.
The story of how the Houston-based law firm was able to pass the mantle to a new generation demonstrates how aging firms can successfully plan for their future.
The deal puts an end to an unusually high-profile clash between a Fortune 100 client and its onetime law firm.
A judge Friday ruled JAMS was not entitled judicial immunity or litigation privilege in an attempt to avoid trial.
Jay Edelson, the charismatic founder of Chicago’s Edelson PC, and Steve Berman, co-founder of Seattle-based plaintiffs powerhouse Hagens Berman Sobol Shapiro, saw different paths for the litigation—and different price tags for settlement.
The counselor to the president isn't getting a fair shake.
Any progress that the Obama administration made to increase accountability in higher education seems destined for Trump’s dustbin.
Labor and employment giants Ogletree and Littler are pursuing different growth strategies, but both involve heavy bets on Europe.
John “Jack” Sheridan, a former co-managing partner of Wilson Sonsini Goodrich & Rosati, is joining Latham & Watkins as a corporate partner in the firm’s emerging companies practice in Silicon Valley.
Akerman, one of Florida's largest law firms, added 33 lawyers to its national total last year and lifted revenues to an all-time high of $349 million.
Kenneth Freeling, a former Dewey & LeBoeuf partner who became of counsel at Covington & Burling in Washington, D.C., died Thursday in New York. He was 59.
While gross revenue remained flat at Nixon Peabody in 2016, profits per partner and revenue per lawyer continued to grow at the firm, which has its roots in Boston and Rochester, New York.
Holland & Knight has landed a four-partner team of commercial lending lawyers from Jones Day, led by Cindy Brazell, in a push to expand both its Atlanta office and its national finance practice.
BCBG Max Azria Group LLC, a high-end women's fashion house struggling with $685 million in debt, has retained Kirkland & Ellis for a bankruptcy filing in New York. The company, which owes more than $781,000 to Winston & Strawn, is the latest retailer to go bust this year.
The Los Angeles-based firm saw declines in several key financial metrics in 2016, as gross revenue, partner profits and revenue per lawyer fell for the second straight year. Despite some big name lateral hires, Munger, Tolles & Olson’s head count also slipped below 200.
On the heels of Reed Smith's 50-lawyer King & Wood Mallesons acquisition in Europe, the firm has added eight lawyers from Winston & Strawn in Paris.
Shares of Snap Inc., the parent company of photo-sharing and ephemeral messaging service Snapchat, surged in their market debut Thursday. Cooley has taken the lead for the company on its initial public offering, one that values the company at $33 billion. The firm holds shares now worth some $11.7 million.
Almost half of the 39 clerks from last term are now working outside Washington, D.C. Possible explanations include greater interest by New York firms, the draw of returning to home, saturation of the D.C. market, and even the 2016 presidential election.
I used to be a very, very minor rock star. Despite my distinct lack of talent as a drummer, our band, Myopic Son, had the opportunity to play Summerfest (the World’s Largest Music Festival in Milwaukee, WI), dozens of colleges, and hundreds of other gigs.
As Seattle University School of Law's first-ever Skadden Fellow, Tarra Simmons enrolled in a J.D. program after a 20-month stint in prison for drug offenses.
Eight partners who quit Herbert Smith Freehills last year to launch White & Case’s new Australia practice will be unable to solicit clients or staff from their former firm until September, according to a decision handed down in the Australian courts earlier today.
Fulfilling the newly-created chief digital officer role at Jackson Lewis, Victor Barkalov chats leveraging IT for legal services.
The Am Law 100 firm, having entertained a number of potential mergers in recent years, saw its gross revenue slip for the third year in a row in 2016. But Bryan Cave's other financial metrics were up.
The route between Chicago and New York is well-trod territory for many Big Law lawyers, with firms from one metropolis finding a way into the other for decades. Add two more to the pile.
After serving time for stealing $10 million from a Russian oligarch, can a former Big Law associate use his story to keep other lawyers from going astray?
With a dig at NY Senator Chuck Schumer, the Gibson Dunn partner torpedoed suggestions that he was in the running to be the next U.S. solicitor general.
Michael Darden, chair of the oil and gas transactions group and co-chair of the oil and gas industry team at Latham & Watkins, is headed to Gibson, Dunn & Crutcher's new office in Houston. Gibson Dunn confirmed in February that it would hire eight oil and gas partners in the city, but declined to name them.
Phil Ivey has been granted permission by the U.K. Supreme Court to challenge a decision by the Court of Appeal.
If the election had turned out differently, Karen Dunn wouldn't be sitting at her desk at Boies Schiller Flexner in Washington. She'd be somewhere in the West Wing, at the red-hot center of the presidency.
Wifredo Ferrer is switching sides in the war on crime, leaving the U.S. attorney's office to join the law firm's white-collar defense practice.
A total of 10 of counsel and associates join five partners, all from Schiff Hardin, at Dorsey & Whitney's new Dallas office.
Gibson, Dunn & Crutcher also posted profits per partner of $3.27 million and net income of $977.5 million.
Still making money from the wind-down of Bernard Madoff's massive Ponzi scheme, Baker & Hostetler saw gross revenue increase slightly in 2016, the first year after the firm moved to an all-equity partnership model.
The Silicon Valley stalwart pulled in $361.5 million in gross revenue last year, a slight dip from the 11.2 percent surge that saw Fenwick & West's turnover hit $363.5 million in 2015.
As it prepares to merge with Norton Rose Fulbright, Chadbourne & Parke is suddenly grappling with a third accuser in a $100 million gender discrimination case that's been hanging over the firm since last year.
A judge has refused to throw out key claims in a lawsuit accusing Obermayer Rebmann Maxwell & Hippel of cheating on associate bonuses, though the case has been whittled down.
Two consecutive years of growth come to an end.
Gibson, Dunn & Crutcher partner Miguel Estrada, who has argued 22 cases before the high court, is the latest in a series of lawyers rumored to have a lock on the SG post.
When we teach and discuss Legal Project Management (LPM), we stress that the last of LPM's five basic steps, Post Project Review, not only is every bit as essential as the first four steps, it can be an extraordinarily powerful business development lever, as well.
Ray LaSoya, chair of the private equity practice at Stroock & Stroock & Lavan, has joined Cooley as an M&A partner in Los Angeles.
Winston & Strawn had a relatively stagnant financial year in 2016, as gross revenue increased slightly, to $823 million, while partner profits rose to nearly $1.83 million.
Renata Hesse is the former acting assistant attorney general in charge of antitrust for the U.S. Justice Department.
DLA Piper's venture capital transactions co-chairman Jeffrey Lehrer assumed the role of D.C. managing partner with such gusto last month, and he's already briefed the firm's associates on his favorite bits of advice for lawyers.
Gross revenue improved by 11.3 percent at Dallas-based Jackson Walker in 2016, compared with 2015, and net income jumped by 26.2 percent.
A week after falling short on a $143 billion takeover bid for London-based Unilever plc, Scott Barshay and Paul, Weiss, Rifkind, Wharton & Garrison helped the "Home of the Whopper" add a new a resident from Louisiana.
Gross revenue at Goodwin Procter hit $912 million, but revenue per lawyer and profits per partner dipped slightly amid rising head count.
The firm's gross revenue ticked up 2.7 percent, but revenue per lawyer and profits per partner both declined during what managing partner Doug Clark calls "a year when we invested in the business."
A federal judge ruled that claims against Chicago-based Johnson & Bell for allegedly failing to protect client information must proceed individually in arbitration, not lumped together as a class.
In what firm leadership called a "solid" 2016, Reed Smith held profits per equity partner and revenue per lawyer steady amid declines in head count and overall revenue.
The international verein felt the impact of Brexit and D.C.'s shifting regulatory tradewinds, while reaping the benefit of some strong deal work.
Remember Alan Hruska, the former Cravath, Swaine & Moore partner turned playwright, novelist and filmmaker? Recently, the 83-year-old former litigator opened his play "Ring Twice for Miranda" at City Center in New York, a highly prestigious off-Broadway venue.
Polsinelli's revenue grew, but profits per partner dropped as a result of a mass hire from IP boutique Novak Druce.
Plaintiff Carrie Birkel claims Washington, D.C.-based Sidley partner Edward McNicholas lured her into a bogus investment after she won $10 million in a divorce.
Latham & Watkins increased its gross revenue in 2016 for a seventh consecutive year.
As it seeks extra space for its downtown Washington, D.C., office, Brownstein Hyatt Farber Schreck is suing Simpson Thacher & Bartlett, its landlord, and the arbitration company JAMS Inc., a new tenant, over a subleased part of its building at 1155 F St. NW.
Clifford Chance (CC) has broken its core lockstep in London and New York to use the ‘super-point’ tier reserved to reward star performers, with the news emerging as the firm considers placing some of its international offices on a lower rung of its lockstep to boost profitability.
The changing workplace is always an obstacle, so law firm technologists offer their tips on managing user adoption.
In 2016, Covington & Burling raised billing rates to match its competitors and reaped rewards from a long-term strategy.
We caught up with the federalism and election law expert to discuss her new gig, the challenges that await, and her hobby as an amateur novelist.
Following a strong 2015, gross revenue improved by 2.9 percent at Dallas-based Thompson & Knight in 2016, and net income increased by 3.5 percent compared with the prior year.
Miller and Nugent will co-chair Cohen Milstein's public client practice, which focuses on representing state attorneys general and other government entities in litigation and investigations.
The firm posted a 5 percent increase in gross revenue and a solid 7.5 percent bump in profits per equity partner in 2016.
Allen & Overy has continued its U.S. hiring spree with the recruitment of a three-partner finance and securities team from Paul Hastings, including former leveraged finance head Bill Schwitter.
Two years into new leadership, Drinker Biddle & Reath saw a second year of increases in revenue and profits per equity partner (PPP) in 2016.
The firm's growth didn't quite match recent years, but its leaders say they're not complaining.
Equity partner profits jumped by nearly 20 percent last year, as the firm posted revenue growth across several practices while also cutting back its equity partner ranks.
The regulation requires any company doing business with a "covered entity" to have robust information security processes and procedures.
In selling their firm to lateral candidates, firm leaders are often using the same pitches as their competitors. Recruiter Dan Binstock offers advice on differentiation.
Two Venable partners, including a former lead Republican negotiator on the post-crisis Dodd-Frank financial reforms who has called the Obama-era regulations "heavy-handed," have joined President Donald Trump's administration. Andrew Olmem, who worked on the Dodd-Frank reforms, will serve at the White House National Economic Council, and Daris Meeks was named director of domestic policy for Vice President Mike Pence.
Longtime Orrick, Herrington & Sutcliffe intellectual property partner Neel Chatterjee is joining Goodwin Procter's litigation department and intellectual property practice in its Silicon Valley office.
Lawyers from two big firms in Houston, Andrews Kurth Kenyon and Bracewell, move to the Houston office of King & Spalding.
With 20/20 hindsight, lawyers who strike out on their own say the sacrifices can be profound.
As legal clashes over its status as a sanctuary city appear likely, Philadelphia is turning to a team of local big-law attorneys to advise it on how to handle the controversial immigration issue.
Considering what's going on at the White House, is that what clients look for in their lawyers—someone who can tell them how far they can push the ethics boundaries without breaking the law?
The firm opened an office in San Francisco last year and boosted its business with help from a 2015 lateral partner, George Terwilliger III.
The year is already shaping up to be a busy one for Big Law combinations.
Orrick Herrington & Sutcliffe has hired four lawyers from Clifford Chance in Paris, including local competition head Patrick Hubert.
In a rare loss for Cravath, Swaine & Moore, a partner is leaving the firm to join Levine Lee, a prominent litigation boutique formed six years ago by former Cravath lawyers.
Russell Munsch, who founded Munsch Hardt Kopf & Harr in Dallas 31 years ago and represented a wealthy Texas oilman in one of the largest personal bankruptcies in history, died in a plane crash while on a golfing vacation in Australia.
Linklaters and Paul Weiss landed lead roles on a since aborted $143 billion takeover bid for London-based Unilever plc by Pittsburgh-based Kraft Heinz Foods Co., a megamerger that would have united two of the world’s largest food companies. Two ex-Freshfields partners also took top financial roles on the ill-fated transaction.
With the four new hires, which include two partners, Reed Smith has 63 lawyers in its Houston office.
In a major lateral move in Texas, nine transactional partners who work in the energy sector have joined Baker Botts in Houston, coming from the Houston office of Norton Rose Fulbright.
Cahill Gordon & Reindel, whose finances typically rise and fall with the bond markets, saw gross revenue hit $382.5 million in 2016, a nearly $20 million increase over the year before. Profits per partner at the firm remained mostly flat, as head count slipped below 300, to 296.
The New York-based firm, having made one of 2016's most notable lateral hires in Scott Barshay, saw gross revenue rise to $1.22 billion last year, while profits per partner jumped to $4.38 million.
Since his election, President Donald Trump has not let go of his personal Twitter account—or his penchant for lashing out against companies on social media. That practice, unprecedented for a president in the internet age, has put companies on edge. And law firms are being called on to help corporate executives prepare for the fallout from drawing Trump's ire on Twitter. Cleary Gottlieb employed an acronym to describe the president's conduct: "SMA," for "social media attack."
Marking a fourth straight year of strong financial growth, Milbank, Tweed, Hadley & McCloy posted a double-digit percentage increase in gross revenue in 2016, as profits per equity partner topped $3 million.
Dangerous rhetoric and a president who praises it. Where are Trump’s lawyers?
A string of headline-grabbing cases didn't have much impact on Steptoe & Johnson's bottom line in 2016.
Jenner & Block is bolstering its fledgling London office with the hire of Jason Yardley, a senior White & Case disputes partner and a member of the firm's global management committee.
Holland & Knight continued to show strong growth in 2016, with an 8 percent gross revenue increase that resulted in a higher-than-projected net income of $238.5 million.
Private plaintiffs lawyers with state and local government practices could benefit from changing federal enforcement priorities that are likely to prompt state attorneys general to devote more resources to fighting consumer and financial fraud and protecting the environment. But they shouldn't expect it to open the floodgates for more work.
As Massachusetts goes green—the commonwealth recently legalized marijuana for recreational use—at least one big, Boston-based firm is getting into the budding industry. Foley Hoag announced this week the formation of a new practice group led by partner Kevin Conroy focusing on the legalized cannabis space.
A Manhattan criminal defense boutique facing two lawsuits by ex-partners is working toward finalizing a settlement in one, but continues to face heated allegations in the other.
Growing up in suburban Denver, Joanna Horsnail lived what she called a charmed life in America's solid middle class. Then she joined Mayer Brown, and life started punching back. Hard.
The firm says it grew the amount of work it billed in 2016, and forecasts demand that could help the firm survive the Trump administration.
Thomas J.P. McHenry will assume the school's top administrative post on July 1.
Firm leaders said double-digit declines were misleading, but there are signs that partners are unsettled.
Gross revenue declined by 6.4 percent in 2016 at Dallas-based Locke Lord, but net income improved by 11.1 percent with lawyers in many practice areas very busy.
Akin Gump Strauss Hauer & Feld, which just inked a deal for a new office lease in Washington, D.C., saw gross revenue rise $50 million last year, to $980 million, while profits per partner hit the $2.1 million mark. The firm's total head count slipped slightly in 2016.
The firm reached a new revenue high amid plans to grow to 500 lawyers in both New York and London.
The firm passed the 1,000-lawyer mark in 2016, while revenue edged up and profit per partner slipped slightly due to a significant addition of equity partners.
Debevoise & Plimpton has created a new leadership position for Mary Jo White, who returned to the firm Wednesday after chairing the Securities and Exchange Commission for nearly four years under the Obama administration.
The firm saw its gross revenue surge by more than $60 million in 2016, to $974 million, while profits per partner rose by nearly $1 million, to almost $1.97 million. Head count at Cooley hit 854, an increase of more than 50 lawyers from 2015.
On the same day that Fortress Investment Group announced its $3.3 billion sale to Japan’s SoftBank, a unit of the investment giant partnered with Australian litigation funder IMF Bentham on a U.S. litigation funding finance vehicle worth up to $200 million. The move comes two months after two rival litigation financiers agreed to merge.
Davis Polk & Wardwell saw healthy growth in revenue and partner profits in 2016, despite capital markets headwinds and uncertainty in European and Asian markets.
Some industry players are steering clear of class actions because of a ban on attorneys sharing fees with nonlawyers. Others are willing to invest but structure their deals to avoid the rule.
The Silicon Valley-based partner talks technology trends impacting lawyers and how tech knowledge is integral to firms “interested in staying relevant.”
Sidley Austin has raided Kirkland & Ellis for the second time in a year, bringing on a seven-partner team from the firm, as well as a Linklaters partner, for its Munich office.
By some estimates, the Kardashians made about $122.5 million in 2016, a figure about $80 million shy from what the famous family’s outside counsel at Dickinson Wright earned in gross revenue last year.
Joseph Garcia pleaded guilty to wire fraud last year. Prior to that, the con man appears to have worked with Sidley Austin on a case that led to fraud charges against the firm and one of its prominent partners.
Law firms could learn a thing or two from the way public interest law organizations and government agencies hire new attorneys.
The legal profession has long struggled with diversity and inclusion. HP Inc. took a novel step in announcing that the company may withhold legal fees from law firms that don't meet diversity staffing requirements. Kim Rivera, HP's chief legal officer and general counsel, on Tuesday detailed the genesis of the fee-holdback program—and the early responses. "I spoke to GCs and law firm partners across the country and much to my gratification, they were very open and collaborative," Rivera said.
The firm is leaving Dupont Circle for a 17-year lease on K Street, but keeping the name of name partner Robert Strauss on its new building.
In-house legal departments are on the hunt for ways to combat the data breaches hitting their law firms, and email encryption is a growing option.
Weil, Gotshal & Manges has become the latest large firm to rethink its presence in the Middle East, with the New York-based firm deciding to close its Dubai office.
In-house legal departments regularly encourage, and in some cases require, that outside firms have some level of diversity in staffing legal work. Hewlett-Packard Inc. has taken this mandate a step further—saying the company will withhold invoiced fees from firms that do not meet diversity requirements.
Cozen O'Connor boosted revenue by more than 10 percent in 2016, as the firm continued to reap the benefits of acquisitions and lateral hires, as well as demand that bucked industry trends.
Stephen Cohen, who spent the past five years as associate director of enforcement at the U.S. Securities and Exchange Commission, has joined Sidley Austin as a securities and derivatives enforcement and regulatory partner in Washington, D.C.
Less than a year after suing Germany’s Stolmár & Partner over a failed combination, Philadelphia area intellectual property boutique RatnerPrestia has settled breach of contract, fraud and other claims against the Munich-based patent firm.
Profits per partner were up a whopping 40 percent in 2016.
A significant increase in contingency fee income helped Fish & Richardson continue its growth in 2016, with the firm posting solid gains in both revenue and profit.
Jeffrey Wertkin has hired Cristina Arguedas—lawyer to FedEx and former San Francisco Giants slugger Barry Bonds—to defend charges he tried to sell a sealed whistleblower complaint.
The White House counsel seems missing in action amid the ever-mounting conflicts of interest involving this presidency.
Several big litigation matters and a steady stream of transactional work power the firm's solid gains.
Last year was a better one than 2015 for the Am Law 50, and especially for the most profitable firms. The same can't be said for the rest of the industry.
In a sign of a legal market where clients are as untethered to law firms as ever, a survey of legal buyers’ preferred Big Law brands has a new No. 1 for the first time in its six-year history. Jones Day topped the Acritas U.S. Law Firm Brand Index, released Monday, after ranking in second place for the previous five years to Skadden.
Ten months after a hacking scandal hit one of Panama's top law firms, prosecutors in the Central American country have arrested Mossack Fonseca name partners Ramon Fonseca Mora and Jurgen Mossack in connection with a massive bribery scandal at a Brazilian conglomerate.
British consumer products giant Reckitt Benckiser Group plc has turned to Davis Polk & Wardwell and Linklaters to handle its $17.9 billion acquisition of Mead Johnson Nutrition. Kirkland & Ellis and Cleary Gottlieb Steen & Hamilton have also landed roles on the transaction, which is the largest in Reckitt’s history.
Cadwalader, Wickersham & Taft saw its revenue decline in 2016 amid partner defections and office closures. But managing partner Patrick Quinn pointed to higher profits as a sign that the firm's tighter focus on core clients and practices is paying off.
Dechert has been dealt a blow in its long-running fee dispute with a former client, with a High Court judge in the U.K. ruling Friday that the company can proceed in its attempt to recover millions of dollars from the firm.
Cristian Stevens, a former federal prosecutor who once investigated a high-profile police shooting in Ferguson, Missouri, has joined Armstrong Teasdale as a litigation partner in St. Louis.
It's time once again to examine whether the legal market will consolidate across the Atlantic.
If there's a way to respond to a president who has taken aim at the federal judiciary, it's to speak with one voice. That's just what the Ninth Circuit did on Thursday with its per curiam opinion that struck back at the notion that a president's actions are unreviewable.
Ballard Spahr experienced slight revenue growth and flat profits in 2016, making the best of what the firm said it knew would be a challenging year.
King & Wood Mallesons’ (KWM) Europe and Middle East (EUME) partners rejected at least four attempts by management to increase capital at the firm between 2011 and 2015, it has emerged.
Forgive me for being a cynic (who me?), but I'm not at all convinced that law firm managers are losing sleep when women lawyers fly the coop.
Latham & Watkins and Baker McKenzie have secured mandates on Priceline Group’s acquisition of London-based travel search engine Momondo Group for $550m (£438m).
Boosted by some big contingency fees and strategic investments, Houston-based Baker Botts posted a record year in 2016, with revenue up 20.2 percent compared with 2015, and profits per partner up 36.6 percent.
Ultrapetrol Bahamas Ltd., a company that floats energy boats throughout South America, filed for bankruptcy in New York on Feb. 6. Zirinsky Law Partners, a firm formed last year by a former top bankruptcy partner at three Am Law 100 firms, is advising Ultrapetrol along with Hughes Hubbard & Reed and Seward & Kissel.
Boies Schiller Flexner has welcomed Ambassador Lee Wolosky back to the firm after an 18-month stint as the White House's special envoy for the closure of the Guantanamo Bay detention facility in Cuba.
While former Akin Gump lawyer Jeffrey Wertkin awaits his fate after his arrest for trying to sell a sealed whistleblower suit for $300,000, let's take a moment to revisit some prominent attorneys who made a mess of things.
We distill the best lessons from Paul Hastings partner Nancy Abell and others at this month's inaugural Women LEAD conference at UCLA School of Law.
Lawrence Hill, a former chair of the tax controversy and litigation group at Dewey & LeBoeuf who joined Shearman & Sterling in May 2012 to co-lead that firm's financial services group, is headed to Winston & Strawn in New York. The hire is the latest high-profile addition by the Chicago-based Am Law 100 firm.
Federal prosecutors have accused an Akin Gump Strauss Hauer & Feld partner—and a government lawyer himself until last year—of hawking a copy of a nonpublic whistleblower complaint to a company facing a False Claims Act lawsuit.
The moves follow a spate of recent departures from Pepper Hamilton, and they extend a string of hires this year at Blank Rome.
Lawyers prepared for Tuesday's Ninth Circuit arguments under extreme time pressure. But the judges wouldn't cut them any breaks.
The national labor and employment firm, already well-known in legal circles for being a pioneer in using business process improvements, is now looking to artificial intelligence to enhance its efficiency.
Pillsbury Winthrop Shaw Pittman has opened a new Miami office with six lawyers from Boies Schiller Flexner.
Latham & Watkins is poised to hire former Cleary Gottlieb Steen & Hamilton associate Wenchi Hu, most recently an associate director in the U.S. Securities and Exchange Commission's division of trading and markets, as a financial institutions partner in New York.
The jury awarded Sanford Wadler $2.9 million in back pay and stock compensation, which will be doubled, plus $5 million for punitive damages.
Howard Shelanski, who most recently served as administrator of the Office of Information and Regulatory Affairs in the White House’s Office of Management and Budget, will join Davis Polk & Wardwell's office in Washington, D.C.
According to a new report from ALM Legal Intelligence, legal departments are bringing more work in-house, rather than relying on outside counsel.
Gregory Locke had an interesting Saturday evening. The associate Wilson Elser Moskowitz Edelman & Dicker in White Plains, New York, posted a message to Facebook on Feb. 4 documenting how he and a few other fellow passengers on a New York City subway train removed anti-Semitic graffiti.
Weil, Gotshal & Manges enjoyed strong demand that boosted 2016 revenues, according to executive partner Barry Wolf, bucking the industry trend.
Cozen O'Connor debuted a new practice group focused on institutional responses to sexual and gender-based harassment and violence, hiring five Philadelphia lawyers, including four attorneys from Pepper Hamilton.
The Magic Circle firm is pulling out of Doha roughly six years after opening an office in the capital city of the Middle Eastern country of Qatar.
Trump’s assault on the integrity of the presidency already makes Richard Nixon look like an amateur—and a saint.
Spurred on by President Trump's deportation priorities, a group of big-firm lawyers and nonprofit attorneys has launched a project to represent immigrants nationwide who are at risk for deportation and already has distributed a mass letter to hundreds of large firms seeking donations and pro bono work.
Thomas Siebel is either a man who stands up for his principles, or someone who uses his vast resources to grind his opponents into the ground. Either way, he's probably not someone you want to be litigating against.
Big Law snatches up talent as the market changes for boutiques.
Half of lateral partner hires are failures. To be precise, 47 percent of laterals don’t stay more than 5 full years.
The 2016 fiscal year results for the nation’s 200 largest law firms are starting to pour in. ALM’s reporters across the globe are providing early snapshots and analysis of how firms performed last year and what to expect in 2017.
A dozen or more years since what one expert called the "great awakening among law firms" about the need to designate an in-house adviser, the role of firm general counsel continues to evolve.
Paul Scrivano, who a year ago took over as global head of M&A and private equity at O'Melveny & Myers, has left the firm for Ropes & Gray. O'Melveny & Myers has announced that partner Jay Herron will replacement him as leader of its transactional group.
Colin Cloherty, an ex-NFL tight end who once made it to the Super Bowl with the Indianapolis Colts before concluding his pro football career a few years later with the now big game-bound Atlanta Falcons, is embarking on a new journey. Cloherty spoke with The American Lawyer about his new role as a first-year Big Law associate.
Paul Hastings is advising Houston-based oil and gas explorer Vanguard Natural Resources LLC on its bankruptcy filing in Houston. Vanguard is the latest U.S. energy company to begin Chapter 11 proceedings within the past year.
A vote could come soon, with consideration by some committees and the firms’ partnerships within the next few weeks, according to a partner at one of the firms who has been involved in the talks.
Martine Beamon, who was hired to investigate potential FCPA violations, testified Thursday that the company's general counsel rejected her firm's conclusion that the suspicions were "meritless."
Takata Corp.'s top lawyer in the United States, Eric Laptook, has left his post, weeks after the Tokyo-based automotive safety equipment maker agreed to pay $1 billion in criminal penalties to the U.S. Department of Justice.
Hogan Lovells partners are to pay in additional capital to the firm later this year, as part of a long-running initiative to boost the global firm's capital reserves.
From real sports to fantasy sports, two gaming companies filed for bankruptcy in California on Tuesday, owing thousands of dollars to several law firms.
Longford Capital Management LP has hired Russell Genet, national head of the IP group at Nixon Peabody in Chicago, as a director. Genet helped Nixon Peabody open its Windy City office a decade ago.
The deans of 20 California law schools on Wednesday asked the state Supreme Court to temporarily lower the bar exam’s minimum passing score to let the State Bar study whether the number is unjustifiably high.
The country's corporate law firms unexpectedly became front and center in the weekend response to President Donald Trump's immigration crackdown.
Mark Irion, formerly of the Washington public relations group Levick, is bringing his services in-house at the firm.
In choosing Neil Gorsuch for the U.S. Supreme Court, President Trump opted for a candidate with traditional credentials shared by most modern-day justices. A Colorado native with a degree from Harvard Law School, Gorsuch clerked for Justice Byron White and Anthony Kennedy on the Supreme Court. "In our legal order, it is for Congress and not the courts to write new laws. It is the role of judges to apply, not alter, the work of the people’s representatives," Gorsuch said at the White House.
Global firm Eversheds Sutherland made its formal debut on Wednesday, unveiling a new logo and website and cementing the most significant transatlantic tie-up since Norton Rose combined with Fulbright & Jaworski in 2013.
Nearly 50 percent of global general counsel and chief legal officers say they might end a law firm or outside counsel relationship this year because of underperformance, according to a new survey from the Association of Corporate Counsel.
DLA Piper's post-Brexit planning could include expanding the global legal giant's European footprint with office launches in Dublin and Denmark.
Greenberg Traurig chairman Richard Rosenbaum responded quickly to Rudy Giuliani's comments, sending a letter to the firm that made it clear Greenberg Traurig was not retained to advise Trump on this executive order and that the firm values diversity and its immigrant roots.
Beth Brinkmann, a deputy assistant attorney general for the past eight years who headed the civil division’s appellate staff at the U.S. Department of Justice, has chosen Covington & Burling for her post-Obama administration landing.
Jared Bartie, who once served as general counsel of the upstart Xtreme Football League and World Wrestling Entertainment, has joined O’Melveny & Myers' high-powered sports practice as a partner in New York. The move is the second notable hire by O’Melveny & Myers in recent weeks.
Eric Liebeler, a former Kirkland & Ellis partner who left his role last year as administrative head of high-powered litigator Beth Wilkinson’s new firm, has joined Stinson Leonard Street as a partner in Washington, D.C.
Former federal prosecutor Sarah Coyne joins Weil Gotshal less than two years after she started at Debevoise.
Last year at Dechert was "fine," CEO Henry Nassau said, with a 2.4 percent increase in revenue and 1.6 percent increase in profits per equity partner.
London-based insurance specialty firm Clyde & Co has opened new offices in Chicago and Washington, D.C., after hiring 10 partners from Troutman Sanders.
The family of a Syrian child represented by Reed Smith has to delay plans to resettle in the United States after President Donald Trump's executive order placed an indefinite halt on Syrian refugees entering the country.
Cravath, Swaine & Moore, Slaughter and May and Wachtell, Lipton, Rosen & Katz are leading a team of firms that have landed lead roles on Johnson & Johnson’s proposed $30 billion buy of Swiss biotechnology company Actelion.
A Bryan Cave associate in St. Louis recently penned an op-ed in The Wall Street Journal.
Orrick, Herrington & Sutcliffe capitalized on a recent merger between two competitors to land new talent, hiring a new tech practice leader in its Silicon Valley office.
The president should hope is that no court every reaches the merits of his lawyers’ defense of emoluments clause violations.
The definition of "debt collector" has become a central issue as Pepper Hamilton faces a federal lawsuit alleging that a partner used unfair debt collection practices in payment demands to his tenants that were printed on firm letterhead.
Group of four patent lawyers leave McDermott, Will & Emery to join Vorys, Sater, Seymour and Pease.
Blake Liggio recently made partner at Goodwin Procter, making him one of the first outwardly transgender partners at an Am Law 100 firm. Liggio and Goodwin Procter partner Scott Webster reflect on the challenges he faced and ways that large firms can create a more inclusive environment.
For transplants and native New Yorkers alike, sometimes the biggest obstacle in the city is the city itself.
The administrators of King & Wood Mallesons’ (KWM) European arm have released details of the sums raised by the break-up and sale of the business in a letter to creditors that also sheds light on the failed efforts to secure a single-firm takeover.
The case that put him in the spotlight had become a trial for him, said Houston probate Judge Mike Wood.