Folks, I can't make this stuff up.
Folks, I can't make this stuff up.
Jason Brezler tried to do the right thing. The U.S. Marine Corps major warned his comrades in Afghanistan of a possible attack, but in his haste to do so, he sent a classified document from his personal email account. That got Brezler booted from the Marines.
The New York-based law firm Pryor Cashman can't avoid a malpractice lawsuit by relying on language in an assignment-of-rights agreement that the firm itself drafted for the client.
The situation at King & Wood Mallesons is coming to a head. Sources at the firm say that its beleaguered European arm is heading for a pre-packaged administration, the U.K. equivalent of bankruptcy, with negotiations already at an advanced stage. An announcement should occur in the second half of next week.
La Paloma Generating Co. LLC, a natural gas-fired power plant in Southern California struggling with increased competition from the renewable energy sector, filed for bankruptcy this week in Delaware. The company owes nearly $200,000 to three Am Law 100 firms.
The national labor and employment giant has expanded again by bolting on Cincinnati's Denlinger, Rosenthal & Greenberg. Jackson Lewis' addition of the smaller firm marks the latest merger move in what has been a particularly busy close to the year.
IP litigation hotshot Neel Chatterjee is only half-joking.
Hit with accusations that it cheated U.S. emission rules, the company has turned to a lawyer familiar with the issue—Volkswagen's lead attorney, Robert Giuffra Jr., a leader of Sullivan & Cromwell's litigation group.
Former Shearman & Sterling private equity partner partner Mark Soundy and tax partner Sarah Priestley have resurfaced at Goodwin Procter. Soundy is joining the Boston-based firm next week, with Priestley poised to join him at Goodwin Procter in January.
Mark Hastings, head of civil fraud at British firm Addleshaw Goddard, is leaving the firm to become a partner in the disputes practice at Quinn Emanuel Urquhart & Sullivan in London.
News flash: A number of not-so-highly ranked schools managed to get a high percentage (70 percent or more) of their graduates into full-time jobs that require JDs or are JD-advantaged.
The U.K.'s first publicly listed law firm continues to power ahead, with Gateley announcing that its revenue increased 19 percent and its pre-tax profit soared 44 percent in the first half of the current fiscal year.
The rapper, actor and businessman known as 50 Cent claimed that his former lawyers from Garvey Schubert Barer had failed to adequately represent him in an arbitration with a company that was set to market a line of headphones.
Former senator and Alston & Bird special counsel Bob Dole told The Wall Street Journal that he and his firm helped to arrange the president-elect's taboo-breaking telephone call on Friday with Taiwanese President Tsai Ing-wen. "It's fair to say that we may have had some influence," Dole told the paper.
Do lawyers have a special responsibility not to perpetuate fake news?
Kevin Arquit, head of the antitrust group at Simpson Thacher & Bartlett in New York, is poised to leave the firm for Weil, Gotshal & Manges on Jan. 1, 2017. Arquit, a former general counsel of the Federal Trade Commission and director of its Bureau of Competition, joined Simpson Thacher in 2002 from Clifford Chance.
James Quinn, a veteran litigator at Weil and longtime legal advocate for professional athletes, is representing a group of Ultimate Fighting Championship fighters that have formed a trade association to negotiate better terms with management of the mixed martial arts promotion company, which was sold for $4 billion in July.
An Oxford graduate is suing the prestigious university for 1 million pounds ($1.27 million), claiming that its “appallingly bad” teaching prevented him from having a successful career as a lawyer.
After his latest trial win against Johnson & Johnson, Houston's Mark Lanier says he has as much as $13 billion in verdicts under his belt. But who's counting?
Nicholas Walrath, a 2013 graduate of New York University School of Law, joined the firm in October.
Fisher & Phillips, an Atlanta-based labor and employment firm, announced Monday the formation of a pay equity group that seeks to assist clients in what some experts predict could be an active area of litigation in 2017.
More law firms than any other type of industry earned perfect scores on the Human Rights Campaign's survey of how employers treat their LGBT workforce.
As firms have evolved in size, reach and complexity, so has the demand for seasoned executives to manage the business of law.
Are these initiatives moving the needle or are they just great publicity opportunities?
The lawsuit claims that The Bandas Law Firm extracts "nuisance payments" by filing frivolous motions to hold up class-action settlements.
More large law firms are spreading the word about their medical cannabis practice capabilities as ethics rule changes and state legislation whittle down the amount of risk involved in providing that guidance. And they are hoping for a big payday.
Buchanan Ingersoll & Rooney has formed an affiliation with former Florida Gov. Jeb Bush and his consulting firm Jeb Bush & Associates, the firms announced Monday.
Allen & Overy, DLA Piper, Norton Rose Fulbright and Reed Smith are among a group of 20 law firms rated by clients as providing the best level of overall service.
In an otherwise slow week for mergers and acquisitions, one company made the biggest deal in its history.
With a month left to go, legal consultants say 2016 could approach last year's record for law firm combinations.
In an era when demand for legal services is softening, the country's largest firms are increasingly going to courts and arbitration against their former clients to collect fees in what consultants say is the "new normal."
Johnson & Johnson lost a $1 billion verdict on Thursday in a closely watched trial over a hip implant device made by its DePuy Orthopaedics Inc. division.
How State Farm's in-house counsel allegedly played a key role in an effort to influence a state Supreme Court ruling.
Johnson & Johnson lost a $1 billion verdict on Thursday in a closely watched trial over a hip implant device made by its DePuy Orthopaedics Inc. division.
Here we go again. The annual associate bonus season is now in full swing, with a growing number of firms committing to match the scale set earlier this week by Cravath, Swaine & Moore.
More than 30 law firms have asked a federal judge to award them legal fees and costs associated with a $14.7 billion class action settlement with Volkswagen, most filing after an order last week that barred attorneys from submitting liens against their clients' awards.
Kelley Drye & Warren has entered the Texas market through the acquisition of a 14-lawyer environmental litigation boutique.
Security experts tally law firm email addresses that have been compromised in third-party hacks. The results are troubling.
In an age of growing anti-Semitism around the world and on university campuses, it is insensitive to regard accusations of anti-Semitism as beating a dead horse.
Law firms with big immigration practices are fielding plenty of questions right now, but what comes next?
Leading Michigan firm Honigman has bolstered its corporate practice with addition of Tracy Larsen, while its litigation department faces a "nuanced" transition.
Alan Dershowitz takes issue with former Debevoise & Plimpton partner Louis Begley's points about discrimination against Jews—or lack thereof.
Seven years into the job, Preet Bharara is more than ready to extend his tenure as Southern District U.S. attorney.
Jasper Helder, the chair of Baker & McKenzie's Europe, Middle East and Americas international trade practice group, has joined Akin Gump Strauss Hauer & Feld's London office.
Among all the excitement of transatlantic law firm mergers and the ongoing saga at King & Wood Mallesons, news that Allen & Overy’s revenue increased by an impressive 13 percent in the first six months of the fiscal year got somewhat lost in the mix.
Davis Polk & Wardwell, which represents Baker Hughes Inc. in its pending combination with General Electric's oil and gas business, is also advising the Houston oil field services company in forming a new pressure pumping venture with CSL Capital Management and West Street Energy Partners.
Eight years after its collapse, the law firm Heller Ehrman is still battling over the legal fees earned by departed partners.
The move boosts the firm's head count to about 190 lawyers and shifts its center of gravity toward the Rockies.
Arnold & Porter Kaye Scholer and Eversheds Sutherland get a head start on the hiring front; Willkie, Proskauer and Goodwin Procter recruit from King & Wood Mallesons; Simpson Thacher and Sullivan & Cromwell dip into the lateral market; White & Case expands in Oz; and other notable additions from throughout The Global 100.
Allen & Overy has become the first magic circle firm to announce financial figures for the first half of 2016-17, posting a double-digit increase in revenues.
In a new YouTube video, the outspoken Posner called Roberts a "terrible" manager and blasted his opinions on gay marriage and free speech at abortion clinics.
November 29 will go down in history as a big day for Big Law, with news of no fewer than three transatlantic mergers.
Texas firm Legge, Farrow, Kimmitt, McGrath & Brown will merge in January with London-based Holman Fenwick Willan, one of the U.K.'s 30 largest law firms by revenue.
Mayer Brown has bolstered its corporate and securities presence in Chicago with the hire of Marjorie Loeb from her former role as a senior vice president and general counsel of Fiat Chrysler Automobiles NV.
James Woolery, who abruptly left his leadership post at Cadwalader, Wickersham & Taft in early 2015 to co-found the hedge fund Hudson Executive Capital, has moved on once again.
Managing partners trying to make a case for painful cuts to their firms' head counts are facing a dilemma: Things just aren't bad enough right now.
Singapore has appointed law firm Allen & Gledhill chairman and senior partner Lucien Wong as the next attorney general.
Dentons has emerged as a potential merger partner for the beleaguered European arm of King & Wood Mallesons.
As law firms race to collect from their clients and make their budgets this year, some may be considering another option: finding investors willing to buy their uncollected billings for cold, hard cash.
Lawyers for Russia’s state-controlled oil giant Rosneft manipulated court rulings in order to help it seize hundreds of millions of dollars in assets belonging to the now-defunct private oil major Yukos, the Financial Times reports.
Once again, Cravath, Swaine & Moore kicked off associate bonus season with a memo announcing its bonus scale, which was promptly posted to the legal blog Above the Law on Monday. Other firms quickly matched.
Uber Technologies Inc. said Monday that Cuatrecasas attorney Cani Fernandez will represent the company before the European Court of Justice in a landmark case determining how the ride-hailing service will be regulated in the EU.
A retired partner at Debevoise & Plimpton, Begley writes about New York's moneyed class with stinging subtlety. Here are excerpts from our meeting and a subsequent phone conversation.
The head of the U.K.’s central bank is working on a secret deal that would see British businesses retain access to the European single market for at least two years after the country leaves the EU, according to The Sunday Times.
Chadbourne & Parke moved quickly this week to try and quiet a former mailroom employee announcing the re-release of an e-book detailing his experience at the firm nearly a decade ago.
Sidley Austin senior counsel and former Federal Communications Commission chairman Newton Minow received the nation’s highest civilian honor, the Presidential Medal of Freedom, from President Barack Obama on Nov. 22.
Simpson Thacher and Japan's Big Four firms advise on a rare multibillion-dollar private equity deal in the country as the U.S. buyout firm buys auto parts maker Calsonic Kansei Corp.
At The American Lawyer's recent Lifetime Achievement Awards in New York City, the preeminent plaintiffs lawyer talks about the principles on which his firm is founded.
Civil libertarians have sounded alarms over President-elect Donald Trump's calls for mass deportations of undocumented immigrants and restrictions on Muslims entering the country. But as some Big Law partners have found in some recent racist encounters, a vocal segment of America is willing to go further.
Watching events unfold at King & Wood Mallesons' European arm over the past few months has felt like watching a three-car pile up in slow motion.
The family of Christopher Zinski, a former Schiff Hardin corporate partner felled by a stroke four years ago, has secured a $20 million settlement in a medical malpractice suit filed against Northwestern Medicine Central DuPage Hospital in Chicago.
My second open letter to President-elect Trump, who once decried this institution as "a disaster for democracy" but now calls it "genius."
The Cleveland-based Am Law 100 firm is advising Ohio native Dave Chappelle on his comeback tour, one that after a Saturday Night Live appearance this month has snagged the comedian a $60 million deal with Netflix Inc. for three standup specials.
At The American Lawyer's recent Lifetime Achievement Awards in New York City, honorees talked about the communities that shaped them, advice to young lawyers and more.
In his acceptance speech at The American Lawyer Lifetime Achievement Awards in New York City, the star litigator says he was wise to listen to legal secretaries, who often knew more about the nuts and bolt of lawyering than lawyers did.
A leading expert in partnership law has dismissed the possibility of partners at King & Wood Mallesons’ European arm having to repay two years’ worth of profits if they refuse the offer of a financial bailout from the firm’s Chinese partnership.
After nearly four decades in operation, The Big Apple Circus Ltd. filed for bankruptcy Sunday, with Debevoise & Plimpton serving as lead counsel to the Brooklyn, New York-based nonprofit on its Chapter 11 case.
In receiving The American Lawyer's Law Firm Distinguished Leader Award, Francis Milone says he got a hand up in life from strong community institutions that today don't work together well for immigrants and the poor.
With President-elect Donald Trump promising to "rip up" free trade agreements, the U.K.'s Brexit vote and nationalist movements gaining ground in other European countries, Baker & McKenzie's new chair is leading a firm known for cross-border dealmaking as protectionist rhetoric threatens to scuttle international cooperation and trade.
The U.K.’s Brexit future has become even less clear after the Supreme Court ruled that the Scottish and Welsh governments can join a historic legal battle over the country’s withdrawal from the European Union.
Cooley, Davis Polk, Orrick, Ropes & Gray, Wilson Sonsini and ZwillGen are advising on a long-awaited combination between leading daily fantasy sports providers DraftKings Inc. and FanDuel Inc. A dozen big firms have also grabbed roles on notable deals in the cosmetics, energy and health care space.
After nearly six months on the campaign trail, former Massachusetts Gov. Bill Weld has resumed working at Mintz, Levin, Cohn, Ferris, Glovsky and Popeo in Boston. Weld took a leave of absence this summer after being tapped by former New Mexico Gov. Gary Johnson to join him on the Libertarian Party ticket for president.
In his acceptance speech at The American Lawyer Lifetime Achievement Awards in New York City, Davis says the high expectations of family, friends and colleagues were keys to overcoming adversity.
On Friday the English Court of Appeal issued a landmark ruling affecting litigation funders who financed an unsuccessful $1.6 billion case against two U.S. oil companies. The court ruled that the funders, under the U.K.’s “loser pays” rule, could be forced to pay more than $24.7 million in legal costs for defendants in the case.
With the Trump transition team's selection of Sen. Jeff Sessions as the next attorney general, several Washington law firms—especially those with conservative leaning white-collar lawyers and lobbyists—could benefit from ties to the Alabama Republican.
At a time of political upheaval and uncertainty over the future of civil rights in this country, William Lee, a longtime partner and former co-leader at Wilmer Cutler Pickering Hale and Dorr, has a chilling story to tell.
The legal services industry isn’t exactly known for innovation. Lawyers are inherently conservative and change averse animals, and law firms have as a result tended to be years behind other professional services businesses when it comes to areas such as technology, working practices, business development and marketing.
Laurence Solov, a former partner at Katten Muchin Rosenman in Los Angeles, serves as president and CEO of the Breitbart News Network. Solov's friendship with the politically conservative site's late founder, Andrew Breitbart, enticed him to leave Big Law in 2008. But his former firm has continued to handle legal work for Breitbart.
Barnes & Thornburg managing partner Robert Grand, known for his ties to Republican causes, has been named to President-elect Donald Trump's inaugural committee. Barnes & Thornburg, which is close to Indiana Gov. Mike Pence, is one of many firms providing lawyers and potential appointees to the new administration.
Demand for legal services through the third quarter dropped by 2.9 percent compared with the year prior, ranking next to last among all regions and far below the 0.3 percent growth seen nationally.
Lewis Baach name partner Eric Lewis got a phone call from an old friend’s sister shortly after he wrote an op-ed in The New York Times in 2013 detailing his time playing under a high school football coach who was also a serial sexual predator. It would mark the beginning of a journey into his past.
The U.K. government’s plans to offload more of its majority holding in Royal Bank of Scotland have been put on hold due to a massive impending fine from the U.S. Department of Justice.
Walter “Hawk” Newsome Jr., a former project manager at Wilson Elser, went on to get his law degree and now serves as head of the New York branch of activist group Black Lives Matter. After the recent election of Donald Trump to president, Newsome is now vowing to turn his organization into a Black Tea Party.
A survey released Wednesday by ALM Intelligence found 39 percent of the growing law firm executive ranks did not feel they played a pivotal role affecting the future of their firms.
It used to be that law firms seeking to win work from clients simply had to have the best lawyers or the lowest rates. Not anymore.
Top telecommunications litigator Andrew McBride's departure from Wiley Rein for Perkins Coie this week was not the standard lateral move within Big Law. Instead, it came after a period of solitary soul-searching following a medical emergency this spring.
Nine-month quarterly flash survey results from Citi Private Bank's Law Firm Group show further evidence of the continued challenges facing the legal industry. Associate salary increases have taken a toll on margins, according to Citi.
The U.K. might have to pay the European Union as much as 60 billion euros ($65 billion) in order to leave the political bloc in a process that could take longer than five years to complete, the Financial Times reports.
Not everyone in the private plaintiffs bar predicts that a Trump presidency will be bad for business. But no one is expecting their jobs to get easier.
On Monday, Chadbourne & Parke filed papers asking a federal district court in Manhattan to dismiss a high-profile gender bias suit filed against the firm two months ago by litigation partner Kerrie Campbell in Washington, D.C.
A London-based law firm that was established with the help of private equity funding has continued to expand by acquiring two businesses.
A report by Ernst & Young states that London could lose 18,000 legal and accounting services jobs if the U.K. no longer has access to the single market once the country leaves the European Union. The accounting giant estimates that a loss of passporting rights for euro-denominated clearing could cost London a total of 83,000 jobs.
President-elect Donald Trump on Sunday chose Reinhold "Reince" Priebus, a partner on leave from Milwaukee-based Michael Best & Friedrich while he chairs the Republican National Committee, to serve as his chief of staff.
Whether or not President-elect Donald Trump will become a dealmaker or a divider in the White House remains to be seen, but the man who once wrote a book called "The Art of the Deal" could emerge as a so-called deal slayer for some huge transactions.
The aftermath of Donald Trump's stunning victory in the U.S. presidential election over Hillary Clinton has left many speechless. But Big Law is finding its voice, albeit in different ways.
Law firms with large transactional and trade practices in Asia are waiting to see how many of President-elect Donald Trump's promises become reality.
Arnold & Porter's merger with fellow Am Law 100 firm Kaye Scholer, announced Thursday, cuts into the traditions of Washington, D.C., as a separated legal outpost, one where the firm has been among the most prestigious for 70 years.
At a growing number of law firms, the back office is getting pushed front and center.
A law school that never should have existed bites the dust; the systemic problems remain.
Almost all of the large scale combinations involving U.S. law firms over the past few years have been cross-border. This one is dfferent.
Leaders of Arnold & Porter and Kaye Scholer, which announced plans Thursday to combine on Jan. 1, 2017, talk about what bought them together. The deal is the only union between Am Law 100 firms so far in 2016.
King & Wood Mallesons global managing partner Stuart Fuller will step down by the end of the year, prompting a rapid hunt for a successor at the struggling Global 100 firm.
The European Commission has predicted that U.K. economic growth will almost halve from 1.9 percent to just 1 percent in 2017 following the Brexit vote.
Arnold & Porter and Kaye Scholer's ongoing tie-up talks have finally been consummated, as the two firms announced Thursday morning their plans to unify on Jan. 1, 2017, into Arnold & Porter Kaye Scholer.
This is not the story I thought I would be telling.
As Americans adjusted to Donald Trump's unexpected electoral victory on Wednesday, law firm leaders began to assess how the Trump era will affect their bottom lines.
A shock result following a highly divisive campaign with worrying racial undertones, stock markets crashing, currency tumbling, social media in uproar . . . anyone else getting a strong sense of deja-vu? The Dawn of Trump: It's like Brexit all over again.
A judge will decide whether former pharmaceutical executive Martin Shkreli can force his former lawyers at Katten Muchin Rosenman to hand over records that he claims will help show his innocence in a securities fraud case.
Partner compensation rose 1 percent, with payouts highest on the East Coast.
As Americans head to the polls on Tuesday, law firms across the country are banding together in election protection efforts, readying to staff voter hotlines during what many expect could be a more contentious Election Day than any cycle in recent memory.
U.K. law firms continue to position themselves in an attempt to tap into the fast-growing financial technology market, with Addleshaw Goddard the latest to announce that it will offer free legal advice to startup companies.
Which large law firms are behind the biggest super political action committees during this election cycle? Perhaps not surprisingly, Perkins Coie, a longtime legal advocate for Democratic Party causes, and Jones Day, campaign counsel for Donald Trump, are just two Am law 100 firms racking up legal bills on behalf of super PACs.
A report released Monday by Thomson Reuters' Peer Monitor found that law firms are raising rates in order to battle a quickening drop in demand for legal services.
Frederick Nance, a Cleveland-based regional managing partner at Squire Patton Boggs, will lead the global firm's U.S. operations.
The scandal enveloping Governor Chris Christie will not go away, but that doesn’t seem to bother Donald Trump.
A spate of partner defections from its European arm has global legal giant King & Wood Mallesons discussing the possibility of a deal with a U.S. firm, with Morgan, Lewis & Bockius emerging as a potential suitor.
Two years ago The American Lawyer tried and failed to persuade the Clinton Foundation to disclose how much it had paid its lawyers at Simpson Thacher & Bartlett to conduct a review of the charity's governance and operations. Thanks to WikiLeaks, we now have some answers.
The legal sector lost 100 jobs in October, according to data released Friday by the U.S. Department of Labor, but the industry is still on track to see overall job gains in 2016.
Two months after the Am Law 100 firm was hit with a high-profile $100 million gender discrimination case, Chadbourne & Parke submitted its response Thursday evening to an amended complaint filed by two former female partners.
Traci Ribeiro "had the requisite sophistication to understand" the arbitration clause in her partnership agreement, a federal judge ruled Wednesday in the San Francisco case.
In its second lateral hiring coup this week, Cooley is adding digital currency experts Marco Santori and Patrick Murck from Pillsbury Winthrop Shaw Pittman.
Linklaters partners voted Thursday to approve a package of reforms to the firm's lockstep system at a partners' conference in London. The long-awaited vote will saw partners consider a range of measures intended to increase lockstep flexibility, without going as far as introducing "superpoints" to reward star performers.
Global legal giant White & Case has confirmed plans to set up shop in Melbourne on Dec. 1 and in Sydney by early 2017 after adding three more lawyers from Herbert Smith Freehills. In September, White & Case hired 10 partners from the same firm.
Robert McDowell, a former commissioner with the Federal Communications Commission who joined Wiley Rein in 2014, has left the firm to co-lead the global communications practice at Cooley in Washington, D.C., McDowell is the latest top telecom industry partner to depart Wiley Rein in recent months.
Performance Sports Group Ltd., maker of Bauer ice hockey gear and Easton baseball equipment, filed for bankruptcy Monday as part of a plan to sell itself for $575 million to stalking horse bidders Fairfax Financial Holdings Ltd. and Sagard Capital Partners LP.
Brett Taylor, editor of Bleacher Nation, doesn't miss the long hours of Big Law. He's too busy figuring out what to write about Major League Baseball's Chicago Cubs.
Karina Pulec, a 28-year-old associate at Hogan Lovells in Denver, was killed early Sunday morning after being struck by a vehicle in a hit-and-run accident.
Willkie Farr, Wachtell, Paul Weiss, Jones Walker, Latham and Cleary Gottlieb are advising on CenturyLink’s $34 billion cash-and-stock buy of Level 3 Communications. The deal will create a combined business communications provider designed to better compete with market leaders AT&T Inc. and Verizon Communications Inc.
Baker, Donelson, Bearman, Caldwell & Berkowitz, a full-service Am Law 200 firm headquartered in Memphis, has agreed to merge with Baltimore-based Ober Kaler on Jan. 1, 2017. The two firms, which will form an 800-lawyer shop under the Baker Donelson banner, announced their combination Monday.
The ink has barely dried on the three-way merger agreement between British firms CMS Cameron McKenna, Nabarro and Olswang, but rumors are already circulating that an American firm may be joining the party.
Office rental prices, city by city.
A look at the big firms behind the latest billion-dollars deals announced within the past week, including AT&T's proposed $108.7 billion buy of Time Warner Inc. The mega-deal, which will likely receive a robust regulatory review, should be a boon to lobbyists for both companies.
After earlier defeats in both state and federal court, billionaire investor Carl Icahn caught a break this week in a legal showdown with Wachtell, Lipton, Rosen & Katz.
Donald Trump has made remarkable claims about what his administration would do to former U.S. Secretary of State Hillary Clinton and other political adversaries. But who would execute his orders?
Plaintiffs led by Chadbourne & Parke litigation partner Kerrie Campbell and former Kiev office managing partner Jaroslawa Johnson have filed an amended complaint in their $100 million gender bias suit against the firm. Proskauer is representing Chadbourne in the case, which now includes several individual partners as defendants.
The firm's high-profile hire from Cravath, Swaine & Moore led the legal team that advised Qualcomm Inc. on its proposed $47 billion acquisition Thursday of NXP Semiconductors NV.
Damon Vocke, a former president and general counsel at Berkshire Hathaway Inc. reinsurance subsidiary General Re Corp., said Wednesday that he would form his own boutique. Four other lawyers are joining Vocke as partners at his new firm, which will have offices in three cities.
Toby Myerson is leaving after 33 years at the firm, where he helped build a corporate department that has attracted high-profile lateral partners this year from Cravath, Swaine & Moore and Cadwalader, Wickersham & Taft.
The ongoing energy bust has claimed two more victims in Houston-based Key Energy Services Inc. and Fort Worth-based Basic Energy Services Inc., both of which filed for Chapter 11 protection this week in Delaware.
Wachtell, Sullivan & Cromwell, Simpson Thacher and Fried Frank are advising on a $4 billion cash-and-stock merger that will see Scottrade be acquired by TD Ameritrade and Toronto-Dominion Bank, better known as TD Bank. The deal unites two of the largest discount brokerages in the U.S.
Christmas has come early to Cravath, Swaine & Moore. The firm is advising British American Tobacco on a $47 billion cash-and-stock bid for the remaining stake in cigarette giant Reynolds American it doesn’t already own. Meanwhile, another longtime Cravath client, Time Warner Inc., has agreed on a $108.7 billion sale to AT&T.
Donald Trump's presidential campaign saw its monthly legal bills hit $500,000 in September, a sum that's almost half of what former Republican presidential nominee Mitt Romney accrued in all of 2012. And come November, any unspent funds in Trump's campaign coffers could be sent to his personal foundation, or used for litigation battles.
Is Donald Trump holding his attorneys back, or is it the other way around?
Peter Martyr, CEO of the London-based legal giant, said he's on a mission to transform how staff and lawyers work, putting flexibility at the heart of a plan to drive global efficiency and transform the business.
Speakers at an event hosted by Mayer Brown in New York said that structural changes are needed to bring more women and minorities into positions of power.
Kellogg Huber and Korein Tillery earned more than $1 billion in contingency fees for leadling the National Credit Union Administration's legal fight with big banks.
Two Cayman Islands-based funds controlled by Platinum Partners, a hedge fund caught up in a federal fraud probe, filed for bankruptcy Tuesday in Manhattan.
The Am Law 100 firm is owed a collective $1.57 million in fees from Implant Sciences Corp. and Sotera Wireless Inc., two companies that recently filed for Chapter 11 protection in Delaware and San Diego, respectively. A handful of other firms are also owed money by the debtors.
Jaroslawa Zelinsky Johnson, a former managing partner of Chadbourne & Parke’s defunct Kiev office, is the second named plaintiff to come forward in a $100 million gender bias suit against the firm.
Baker & McKenzie, which has had a presence in Switzerland for more than 50 years, has hired a 10-lawyer team from local firm Froriep to bolster its presence in the country's financial services center of Zurich.
A new report suggests that clients rewarded firms that took a less aggressive approach to billing rate hikes.
Within the past week, at least four large firm mergers were announced, suggesting that the fourth quarter could see an uptick in activity after a slow third quarter.
The former leader of Hinshaw & Culbertson has taken his years in management coupled with the firm's legal work on behalf of law firms to form a law firm consulting practice. Dewey & LeBoeuf's former general counsel, who joined Hinshaw last year, is part of the group.
Almost exactly a year after establishing its first presence outside the Americas with a German merger, Littler has expanded its European footprint by combining with 170-lawyer French firm Fromont Briens.
Energy company acquisitions dominated the billion-dollar transactional tables last week and a big deal announced over the weekend—one specifically structured to avoid Western sanctions—has yielded roles for a half-dozen firms from the U.K. and India.
Jim Prentice, a well-respected lawyer who worked at Canada's Fraser Milner Casgrain and once served as Alberta's premier, died at 60 on Oct. 13 with three other people in a plane crash in British Columbia. Prentice was once called "the chief operating officer" of Canada by the country's former prime minister.
Marvin Putnam and Marshall Grossman, two lateral hires by Latham & Watkins and Orrick, respectively, are the latest lawyers to represent clients caught up in the traveling circus that has become Donald Trump's presidential campaign. Gibson Dunn's Ted Boutrous Jr. and Beverly Hills litigator Charles Harder have also entered the mix.
Shearman & Sterling's move to expand its nonequity tier will likely increase the firm's profitability, at the least in the short term. But it also carries risks.
Richard Friedman, the former head of New York's Sichenzia Ross Friedman Ference, has left the firm he co-founded in 1988 to join Sheppard, Mullin, Richter & Hampton. Three other partners are also making the move.
Jaroslawa Zelinsky Johnson, a former managing partner of Chadbourne & Parke's now-defunct Kiev office, has filed papers with a federal court in New York seeking to join a putative class action against her former firm filed in late August by current litigation partner Kerrie Campbell.
Reed Smith, Hogan Lovells and Day Pitney each announced this week hires into positions designed to promote diversity within their firms.
Sara Mandelbaum, a former staff attorney at the American Civil Liberties Union and Paul Weiss, has joined Akerman’s litigation group in New York. She is the Am Law 200 firm’s first hire from the OnRamp Fellowship, a program started in 2014 that seeks to bring women back into the workforce.
Trevor Soames, a former global antitrust co-chair at Howrey who joined Shearman & Sterling’s Brussels office with four other partners in 2011, has left the firm to start his own boutique. His departure marks the latest European exit from the storied New York firm, although two other Brussels-based partners will remain at Shearman.
Lawyering by magic circle firms came to naught as the U.K.'s largest private gym chain canceled its planned IPO due to concerns over market volatility.
Paul Hastings and Gibson Dunn see two purported recruits remain at a London-based legal giant; a bevy of moves at Chadbourne & Parke, Jones Day and Quinn Emanuel; Munger Tolles makes two high-profile hires; and other notable additions from throughout The Am Law 200.
Serving on international ADR panels is nice work if you can get it. But those selected as judges are almost always men, predominantly white and disproportionately from wealthy nations.
League table rankings for the third quarter of 2016 show global transactional volume reaching its lowest levels in three years in Brexit's aftermath.
Panelists at a law firm leadership forum debated the structural merits of today’s global legal giants.
John Gleeson, who left the Eastern District of New York to join Debevoise & Plimpton earlier this year, appeared before a New York appellate court this week to defend Wachtell against an Icahn-controlled company's malpractice claims.
Legal sector jobs ticked up ever-so-slightly in September, regaining lost ground from the prior month but still lagging behind a five-year high water mark set in 2013
Panelists at a law firm leadership forum offered conflicting visions of how to conquer current market challenges.
The firm's program, which funds internships at government agencies and nonprofits, is now open to students at law schools outside the U.S.
Womble Carlyle Sandridge & Rice has become the latest large law firm to ink an agreement to use artificial intelligence platform ROSS Intelligence, which earlier this year signed on its first law firm clients.
The National Basketball Players Association, now under the leadership of former Skadden litigation partner Michele Roberts, recently filed its annual report with the U.S. Department of Labor. The union spent more than $1.8 million on legal fees to 14 firms in 2015-16.
Baker Donelson and Maynard, Cooper & Gale set up shop in new cities; Crowell & Moring sees two practice leaders depart; more exits at Cadwalader; McGuireWoods expands in San Francisco; and other notable additions from throughout The Am Law 200.
Candidates have debated everything—except for the crisis in legal aid.
Rock Creek Pharmaceuticals filed for bankruptcy in Delaware last week, owing nearly $3.7 million to lawyers from more than 20 firms, including at least eight from the Am Law 200. The Sarasota, Florida-based company, formerly known as Star Scientific, once made headlines over a criminal complaint filed against a former Virginia governor.
I submit that Donald Trump has extremely legitimate reasons for not releasing copies of his federal or state income tax returns that are under audit, or those for which the statute of limitations has not already prescribed.
Marc Kasowitz, advising Donald Trump in his spat with The New York Times over its decision to publish his 1995 tax returns, has been retained to assist in the defense of Trump University in a case before a New York appellate court. Meanwhile, a Morgan Lewis partner received a letter from the New York AG's office over the Trump Foundation.
Yet homeless youth are often treated like criminals. I want to help end that.
International Business Machines Corp. turned to its longtime lawyers from Cravath, Swaine & Moore to handle it recent purchase of Promontory Financial Group. The deal will expand the expertise of Watson Financial Services, an artificial intelligence and cognitive computing platform of increased interest to law firms.
Kasowitz, Benson, Torres & Friedman, which has previously represented the current Republican presidential nominee on numerous engagements, is now advising the real estate mogul as he responds to a New York Times report that disclosed details from his 1995 tax returns.
Fenwick & West and Wilson Sonsini Goodrich & Rosati are advising on the $1.4 billion sale of Silicon Valley-based mobile marketing platform AppLovin Corp. to a private equity firm. AppLovin gets its name from its founders’ love of the McLovin character in the 2007 film “Superbad.”
Cosi Inc. filed for bankruptcy this week in its hometown of Boston. The fast-casual restaurant chain has hired a 100-year-old firm to represent it in its Chapter 11 case, one in which it owes nearly $147,000 to New York’s oldest firm.
In what Cadwalader, Wickersham & Taft has called an attempt to refocus on its core clients, the Wall Street firm confirmed Thursday its withdrawal from bases in Beijing and Hong Kong. Fried Frank and Chadbourne & Parke have made similar moves within the past 15 months.
Faberge Baker Daniels, formed through a late 2011 merger, has named Thomas Froehle Jr. as its next chair and managing partner, replacing Andrew Humphrey in the role. The leadership change is effective March 1, 2017.
When it comes to deal lawyers and cybersecurity, the discussion is often over whether law firms are a weak link in their clients' data defenses. But what about lawyers' obligations to probe for cyber weaknesses within the companies doing the deals?
Big law firms often trumpet a new office in a new city as a sign of increased demand for the firm and an investment in the future. That's not the case with Manatt, Phelps & Phillips' new base in the Windy City.
A $5 billion agreement resolves billions of dollars in potential damage claims by disgruntled creditors, and brings the bankruptcy, which has spun off as much as $200 million in legal fees to a group of firms, a giant step closer to an end.
A year after Jones Day opened an office in Detroit following its representation of the Motor City in its landmark Chapter 9 case, the firm has hired litigation partner Arthur O'Reilly, a former vice chairman of Honigan Miller Schwartz and Cohn.
State regulators in New York this month proposed new rules that would subject law firms to annual cybersecurity assessments. Is your firm ready?
Sidley Austin, Fried Frank and Davis Polk are advising on a $3.2 billion cash-and-stock deal that will see CBOE Holdings Inc., owner of the largest U.S. options exchange, acquire Bats Global Markets Inc., the nation's second-largest stock exchange operator.
The American Lawyer honors the most important and creative cross-border work of the year in citizenship/pro bono, disputes, finance and mergers and acquisitions.
Quinn Emanuel Urquhart & Sullivan has hired Macfarlanes financial services head David Berman in London, in a rare exit for the U.K. firm.
Bingham McCutchen may have dissolved two years ago into Morgan, Lewis & Bockius, but the Boston-based firm is still listed as an unsecured creditor in the bankruptcy this month of defense contractor Fansteel Inc. Outstanding legal bills also resulted in eight other firms being listed as creditors in two more bankruptcy cases.
Top-grossing law firms saw slow and steady growth over the past year, with revenues and profits increasing. But challenges abound.
There have been $100 billion in IT and software deals in 2016 and last week another $4.2 billion got tacked on to that sum with the sales of Infoblox Inc. and Avnet Inc.'s technology solutions business. A bevy of big firms grabbed roles on those two deals.
A new program allows primary caregivers to work a 75 percent schedule while receiving 100 percent of their preparental leave pay.
Combination, eh? After global legal giants DLA Piper and Norton Rose Fulbright sought to expand their presence up north within the past week, two of Canada's largest provincial law firms have announced their intention to merge.
In a world of global giants, lawyers at the International Bar Association pondered the pros and cons of cross-border expansion.
Already the world's largest firm by lawyer head count, Dentons is set to roll out its giant referral network, one that includes 250 firms and 18,000 lawyers globally. But the traditional legal networks are fighting back.
After being somewhat of a Big Law wasteland in recent years, Moscow has regained some lost luster, as Baker Botts and Quinn Emanuel Urquhart & Sullivan both announced senior hires in the city this week.
The Chicago-based firm hires a handful of new partners ahead of new leadership; Kirkland & Ellis adds Paul Clement and others; Goodwin Procter hires from GE; comings-and-goings at Manatt, Phelps & Phillips; O’Melveny & Myers recruits an Israeli practice head; and other notable additions from throughout The Am Law 200.
ITT Educational Services Inc., owner of Indiana’s ITT Technical Institute and New Hampshire’s Daniel Webster College, filed for bankruptcy on Sept. 16 in Indianapolis. Faegre Baker Daniels has taken the lead for the company in its Chapter 7 liquidation
NJOY Inc., one of the nation's largest electronic cigarette makers, has filed for bankruptcy in Delaware. The company owes millions in outstanding legal fees to lawyers from several firms, including DLA Piper and Goodwin Procter.
The Am Law 100 firm, despite repeated denials, is considering a plan to remove some partners from the equity ranks in order to boost profits. Shearman & Sterling has watched its finances slip in recent years.
A week after Norton Rose Fulbright absorbed a Vancouver firm and Dentons affiliated with a high-profile Canadian consultancy, rival global legal giant DLA Piper has picked up Toronto-based IP shop Dimock Stratton.
Goodwin Procter announced Monday its hire of Brackett Denniston III as senior counsel in Boston. Denniston, who retired last year as general counsel at General Electric Co., has previously been a partner at the firm.
The U.K.'s first publicly listed law firm has continued its post-IPO expansion, acquiring property consultancy Hamer Associates for $2.68 million.
The proposed $66 billion merger between Bayer AG and Monsanto Co. and $36 billion tie-up between Agrium Inc. and the Potash Corp. of Saskatchewan are providing high-profile transactional and regulatory work for at least 16 firms.
Simpson Thacher & Bartlett and Latham & Watkins are said to be advising the German financial services giant as it copes with a reported $14 billion demand by U.S. regulators to pay for its role in the 2008 financial crisis.
Thomas Baxter Jr., who recently retired after two decades as general counsel of the Federal Reserve Bank of New York, announced the move to friends and colleagues this week.
Troubling cultural dots connect the Stanford rape case to Donald Trump's tweet about men and women in the military.
Ira Coleman, head of McDermott Will & Emery's corporate and transactional practice, beat bids by four other partners to become chair of the Chicago-based Am Law 100 firm. Coleman is also head of McDermott's Miami office.
Golfsmith International Holdings Inc., one of the nation’s largest specialty golf retailers, has filed for bankruptcy in Delaware. Weil, Gotshal & Manges, Canada’s Goodmans and Delaware’s Richards, Layton & Finger have stepped onto the Chapter 11 green for the company.
The Sidley Austin lawyers who this week helped file a suit claiming that Michigan is failing to provide literacy for students in Detroit schools believe the case will give the U.S. Supreme Court the chance to decide there is a constitutional right to literacy.
About a half-dozen firms—including a new antitrust team at Paul Weiss—are advising on Bayer AG's proposed $66 billion acquisition of agribusiness giant Monsanto Co. The deal, if approved by regulators, would be the largest all-cash transaction in history.
Carl Frischling, chair of the financial services group at Kramer Levin Naftalis & Frankel, is leaving the firm with three other lawyers to join Perkins Coie's five-year-old New York office, which has rapidly expanded in recent months.
The program, which offers training and mentorship to women and others who have left the firm, often to raise children, may help to promote gender diversity.
Norton Rose Fulbright, continuing its five-year expansion across Canada, will combine with Vancouver-based Bull, Housser & Tupper, both firms announced Monday.
Viet Dinh and Paul Clement, a pair of prominent litigators affiliated with Washington, D.C.-based boutique Bancroft, cited their friendship with Kirkland & Ellis partner Mark Filip as one reason for their decision to link up with the Chicago-based Am Law 100 firm, where Clement was once an associate.
The former Prime Minister of Canada, who lost his Conservative Party majority to Justin Trudeau and his Liberal Party last year, has a new gig with Dentons.
Michael Gerstenzang will succeed Mark Leddy at the start of 2017.
A crowded field is vying for the top management spot at McDermott, Will & Emery, which is voting to elect a new chair this week.
The London-based legal giant is advising Hewlett-Packard on the sale of its software business and CVC Capital Partners on the sale of Formula One racing.
Venable partner James Hanks Jr. was a passenger on US Airway Flight 1549, which crash-landed in New York's Hudson River almost seven years ago. The incident is the subject of a new movie out Friday called "Sully," starring Tom Hanks as pilot Chesley Sullenberger. The two Hanks' are not related, but do share some things in common.
The moves, if they take place, would leave just two partners in Shearman's Brussels office.
In what may be the first public sale of a litigation claim to a third-party funder, Gerchen Keller Capital paid $26.2 million to the estate of a bankrupt Utah magnesium company in exchange for stake in a judgment the bankruptcy trustee won at trial last year.
Eamon O'Kelly, a former head of the antitrust practice at Arent Fox and now-defunct Dewey & LeBoeuf, has joined Robins Kaplan as of counsel in New York. His hire is the latest in a frenzy of antitrust additions by several big firms.
Using a fresh fundraising approach to support legal services for the poor, a group of big firm associates announced grants to four legal services groups.
A handful of gender bias suits against law firms this year could make it all the more difficult for firms without women in leadership positions to attract female lateral partners, consultants say.
High-profile plaintiffs boutique Hausfeld, which has expanded to Germany and New York over the past year, announced Tuesday two new mass torts hires for the opening of an office in Boston.
Growing global legal giant Dentons is poised to set up shop in Tehran after forging a local legal alliance with the Arman Pirouzan Parvine Legal Institute.
Steven Eckhaus, known for representing executives in large compensation deals, is moving his practice later this week from Cadwalader, Wickersham & Taft to McDermott Will & Emery.
London-based Mischon de Reya, which opened a New York office in 2010, is poised to halve the size of its partnership in the Big Apple. The decision comes after a review of the firm’s business.
The U.S. Department of Labor's Bureau of Labor Statistics announced Friday that the legal industry in the U.S. neither added nor lost jobs in August, though the number employed this summer is the highest it has been all year.
A bevy of large firms—including Cleary Gottlieb, Cravath, Hogan Lovells and Sullivan & Cromwell—stand to reap some of the $261 million in legal fees incurred by Anheuser-Busch InBev and SABMiller as a result of their $106 billion beer industry megamerger.
The storied New York-based IP boutique is being sued for malpractice, though the lawyers who worked for the former client are no longer with Kenyon & Kenyon, as most of the firm's current lawyers prepare to join Andrews Kurth.
Whether it's on the baseball diamond or in the courtroom, Major League Baseball's Chicago Cubs are on a roll. The team and its lawyers from Kirkland & Ellis won another fight in the long-running battle with the rooftop owners across the street from Wrigley Field.
Partners in continental Europe affiliated with Dentons are being asked to pay up to $7.8 million in extra capital to the global legal giant.
Katten Muchin Rosenman; Manatt, Phelps & Phillips; Eisner Jaffe; and Arent Fox are helping four major sports stadiums switch their nameplates.
At 87, the former Akin Gump, Bryan Cave, Goodwin Procter and Proskauer Rose lawyer is still doing big, cross-border deals, just from a smaller platform.
Four years after helping Frank McCourt Jr. sell Major League Baseball's Los Angeles Dodgers for a record-setting sum, Sullivan & Cromwell has been hired by the real estate developer to advise on his roughly $45 million buy of historic French soccer team Olympique de Marseille.
Since June, Dentons' Mexico City unit has been embroiled in a bitter "business divorce" dispute between the predecessor firm's co-founders over allegedly stolen client information and false marketing. The suit, filed in Mexico City, isn't starting out so well for Dentons.
Five months after a Chicago man pleaded guilty to scamming Am Law 200 firm Vedder Price out of $7 million, an alleged co-conspirator, Deborah Acuna, has done the same in return for a 10-month jail sentence and pledge to pay $175,000 in restitution.
Gateley, a British firm that last year raised $45 million in a landmark initial public offering, saw its gross revenue rise 11 percent in 2015-16, according to financial figures released by the firm.
The global legal giant is advising the island nation on tax and financial laws in other jurisdictions.
Amid a surge of oil and gas bankruptcies, Haynes and Boone hires a top restructuring partner; Clark Hill bolts on a small shop; Fox Rothschild’s expansion spree continues; King & Spalding lands a serial lateral; a Shearman & Sterling M&A partner joins a client in-house; and other notable additions from throughout The Am Law 200.
Retiring boomer lawyers are on to new adventures. But their exit from the Am Law 200 poses serious risks for firms that haven't planned ahead.
To find out how third-, fourth- and fifth-year asso ciates rate their firms as workplaces, our survey examined several aspects of job satisfaction.
When large firms get it right, give them their due.
Anthony Romano, a longtime partner at Polsinelli and vice chair of the firm’s labor and employment group, has left its office in Kansas City, Missouri, for Littler Mendelson. The latter publicly incurred Polsinelli's wrath last year after opening an office in the city.
Slater & Gordon, the world’s first publicly traded law firm, has announced that it expects losses of more than $760 million (A$1 billion) for its 2015-16 fiscal year.
A Wells Fargo Private Bank survey on the first half of 2016 reveals softening demand and increasing costs, which one analyst said is causing law firm leaders to contemplate layoffs.
Cleveland-based Ulmer & Berne, founded in 1908, has announced that Scott Kadish will become its new managing partner on Oct. 1. Kadish takes the reins from Harold "Kip" Reader, who led the firm for the past 21 years.
Sidley Austin is the latest big legal name to be invoked by scammers posing as a major law firm.
Merger talks between Hunton & Williams and British firm Addleshaw Goddard have slowed following the U.K.'s June vote to leave the European Union.
When you spend half your time in the air, the planning you do on the ground makes all the difference.
Cleveland-based Tucker Ellis, a firm formed from the ashes of a busted Am Law 200 shop, has announced the opening of its second new Midwestern outpost this year.
Wachtell, Ropes & Gray, Davis Polk and Cooley are advising on a $14 billion deal that will see pharmaceutical giant Pfizer Inc. acquire cancer drug maker Medivation Inc.
IP lawyer John Fuisz, who went head-to-head with Theranos Inc. over trade secrets while at McDermott Will & Emery, has returned to Big Law after Vinson & Elkins absorbed his two-lawyer boutique.
Despite uncertainty in key international markets, the firm saw an 8 percent revenue rise in 2015-16, as profits per equity partner surged 13 percent.
In his six years at the helm, Eduardo Leite has presided over the firm’s fastest growth in its 67-year history
Resist 'Trump fatigue' and consider the comments that over time reveal Trump's philosophy.
St. Louis-based Lewis Rice has formed a second law firm that will operate as a wholly owned subsidiary handling only estates work.
It wasn't the biggest deal of the week, but Univision's winning bid for Gawker is the only one that started with a sex tape.
Some of the country's largest law firms allow associates to focus exclusively on pro bono work for more than a year, but there is a debate as to whether those lawyers come out behind their counterparts when they begin billing for work again.
Cox, Castle & Nicholson and Eisner Jaffe, two leading firms in Los Angeles, scored lead roles on the proposed sale of the iconic Playboy Mansion in the city’s Holmby Hills neighborhood to billionaire and former Pabst Blue Ribbon owner Daren Metropoulos.
Contradicting the ordinary rules of supply and demand, law firms have continued to jack up hourly fees faster than demand and a projected 1.7 percent annual inflation rate would suggest.
John Squires, a former chief IP counsel at Goldman Sachs who went on to top roles at Chadbourne & Parke and Perkins Coie, decamped this week for Gibson, Dunn & Crutcher in the Big Apple.
The global legal giant and its Brazilian affiliate announced Tuesday the addition of five partners—and seven other lawyers—on two continents.
Admit it. Sometimes you’ve wondered what it would be like to say goodbye to the practice of law. These are the stories of six lawyers who did just that.
Firms are still on pace to show modest gains for full-year 2016, the bank says.
The head of the private funds practice at Wachtell, Lipton, Rosen & Katz joins Ropes & Gray; Clifford Chance grows in New York; Mayer Brown and Orrick hire in Hong Kong; Reed Smith snags an entertainment and media pro; Sheppard Mullin recruits in Florida; and other notable additions from throughout The Am Law 200.
Robert Cordy, an associate justice on the Massachusetts Supreme Judicial Court who announced his retirement earlier this year, is poised to return to McDermott Will & Emery's Boston office, where he once served as managing partner.
Sheppard, Mullin, Richter & Hampton and Herrick, Feinstein played a behind-the-scenes role in advising surfing-related organizations, which successfully got the sport accepted into the 2020 Summer Games in Tokyo.
The ABA thought getting a renewal of its accreditation power would be a cakewalk—until its barefoot journey over hot coals began.
The owners of casual dining chains Logan's Roadhouse and Fox & Hound found themselves in bankruptcy court this week in Delaware. Some large law firms grabbed Chapter 11 work related to those cases, while others are owed payments for past expenses.
With the 2016 Summer Olympic Games underway in Rio de Janeiro, this week brought news of a sizeable M&A deal with ties to the 2010 Winter Games held in Vancouver.
King & Wood Mallesons has held off on paying out profit distributions to its partners once again, following a recent vote to recapitalize the firm, which has its operations predominantly in Asia and Europe.
Sullivan & Cromwell, Skadden and Paul Weiss are advising on the $1 billion sale by Major League Baseball of a 33 percent stake in its video streaming unit to The Walt Disney Co.
A lawyer who was charged with securities fraud for allegedly tipping of the president of an investment firm about a big pharmaceuticals merger was hired by Arent Fox even after he was named, but not charged, in an earlier SEC suit.
Caetano "Cae" Altafin, an associate at Hogan Lovells in Rio de Janeiro, didn't spend the day of the opening ceremonies for the 2016 Summer Olympics in his office. Thanks to a transatlantic journey a year ago, he was busy running outside the stadium.
Four Am Law 100 firms have made notable additions to their antitrust groups within the past week. Large firm leaders say this in response to enhanced scrutiny of large companies by government agencies.
Using exclusive survey data, we rank 11 American cities by their populations of big-firm lawyers. Plus, check out our list of firms that dominate those markets.
A look at the large law firms behind the week's most notable deals, such as the mattress maker behind Sleepy's on its sale to a South African firm; two Elon Musk-backed companies combining forces; and Uber's China exit.
The two Am Law 100 firms are advising on the sale of online retailer Jet.com Inc. to Wal-Mart Stores Inc., as Wal-Mart aims to take on market leader Amazon.com in the e-commerce space.
Katie Ledecky, the 19-year-old U.S. swim star who just broke her own world record at the Summer Olympic Games in Rio de Janeiro, can thank her father—former Kirkland & Ellis lawyer David Ledecky—for taking a break from his career to further her success in the aquatic sport.
A columnist sees shades of Richard Nixon in Donald Trump's candidacy that go beyond Trump's "rule of law" sloganeering.
After leaving a leadership role at K&L Gates, John Pierce finds a new home; Gibson Dunn grabs one from JPMorgan; Latham's London hiring spree continues; two firms raid Covington; Paul Weiss adds another rainmaker; and other key additions from The Am Law 200.
The number of people employed in the legal industry declined slightly in July, according to preliminary Labor Department statistics. The first half of 2016 has seen modest growth in legal employment overall.
A Letter to the Editor in response to The Global Lawyer column, "To Dodge $50 Billion Bill, Russia Comes Clean on Sale of the Century"
King & Wood Mallesons is taking steps to rebuild its Paris corporate practice, having hired senior associate Guilain Hippolyte from White & Case, The Am Law Daily has learned.
Davis Wright Tremaine has hired Eric "Ric" Redman, a consultant and founder of the energy practice at Heller Ehrman, to serve as a senior energy and climate policy adviser working out of the firm's headquarters in Seattle.
The U.S. litigation boutique has hired Robert Amaee from Covington & Burling to launch a new practice next month.
DLA Piper's former Turkish arm, Yuksel Karkın Kucuk (YKK), was raided by the police, and lawyers were taken into custody in the aftermath of the failed coup in Turkey, according to local press reports.
Stinson Leonard Street, based in Prince's hometown of Minneapolis, is set to receive the bulk of the fees so far.
The firm is the first to make an appearance in the case, which alleges that billions were illegally diverted from a Malaysian government-owned company to fund luxury purchases and investments, including a stake in the Leonardo DiCaprio blockbuster "The Wolf of Wall Street."
Attorneys for Nick Denton and his creditors join an army of others who have been clocking time in the Gawker Chapter 11 since June.
Bruce Meyer, a veteran litigation partner at Weil, Gotshal & Manges in New York, is leaving after 30 years at the firm to take a newly created in-house legal role at the National Hockey League Players' Association.
After money launderers were accused recently of using major U.S. law firms to move hundreds of millions of dollars, is it time to take another look at requiring lawyers to report suspicious transfers?
The first report to be issued on the legal market's second quarter said law firms were 'blindsided' by an unexpected decline in demand.
The group includes partners Todd Reed, Gary Lieberman and Siobhan Sweeney.
Women remain scarce in law firm partnership ranks.
Welcome to the A-List, our 14th annual ranking of Big Law's elite.
Like everyone, I dreaded jury duty. But it proved to be a powerful experience.
International Shipholding Corp., a major operator in the global shipping industry, filed for Chapter 11 protection Monday in New York in an effort to sell off certain assets.
U.S. bankruptcy filings fell 6.9 percent over the past year, according to new government data, but three more big energy companies found themselves in Chapter 11 proceedings this week in a boon to some big firm restructuring lawyers.
Magic circle firm hires lawyers from White & Case, Proskauer Rose and Milbank Tweed Hadley & McCloy.
If you thought the NFL was slow to acknowledge links between player concussions and brain damage, keep a close eye on professional hockey.
A mentorship program at Littler Mendelson meant to help minority associates become partners at the global labor and employment giant has some unique components that could be contributing to its success.
Epiq Systems Inc., a company specializing in electronic discovery and bankruptcy administration services, has agreed to be taken private with the help of four members of its target audience.
King & Wood Mallesons' European and Middle East arm will recieve a major boost in capital as partners commit over $18 million to the firm.
A patent litigator at Mintz, Levin, Cohen, Ferris, Glovsky and Popeo speaks about his passion for racecar driving, and how it's just like a taking a deposition.
Wachtell, Wilmer and Jones Day are advising on Analog Devices Inc.'s $14.8 billion cash-and-stock acquisition of fellow chipmaker Linear Technology Inc.
Four months after reporting record annual earnings, litigation funder Burford Capital LLC once again announced that it has topped last year's first-half earnings and new investments by wide margins in early 2016. Simpson Thacher is one firm benefiting from Burford's largesse.
Squire Patton Boggs won a contract to monitor police reforms in Ferguson, Missouri, a job that promises to be both controversial and not exactly lucrative.
Weil, Gotshal & Manges saw another private equity partner depart; McDermott snagged a labor and employment group from Kaye Scholer; Paul Hastings brought on another IP partner; and other moves throughout The Am Law 200.
Perkins Coie's Marc Elias, who has juggled legal roles for both the Hillary Clinton campaign and the Democratic National Committee, saw the intersecting interests of both clients unexpectedly become public on Friday.
Nearly two years after Michael Brown was shot and killed in Ferguson, Missouri, by a white officer, a team led by Squire Patton Boggs' Clark Ervin was named to ensure that the city's police department follows through with federally mandated reforms.
Branding with catch-phrases is easy; reconciling their contradictory messages is impossible.
Houston capital markets and M&A lawyer Jeff Malonson was left in limbo early this year, when a planned move from Vinson & Elkins to Simpson, Thacher & Bartlett fizzled after another partner backed out.
It was a good news/bad news week for companies on the antitrust front.
Seattle's Garvey Schubert Barer announced a new chair this week. The firm's unusual mix of clients, which include marijuana companies, celebrities and Bernie Sanders, has boosted its exposure recently.
Arthur Culvahouse Jr., a longtime Washington Republican insider who initially backed Jeb Bush, said that he plans to stick with the Donald Trump campaign after helping to vet the candidate's picks for vice president.
Long before she was defending Roger Ailes against sexual harassment claims, Quinn Emanuel's Susan Estrich offered a feminist legal critique of the country's rape laws.
After nearly 25 years at the elite New York firm, former executive director Steven Spiess will serve as chief operating officer of Denver's Brownstein Hyatt Farber Schreck.
The number of law schools offering tech-related training is growing, but are their enough employers looking for the skill set?
A party hosted by Dentons at the Republican National Convention offered a glimpse of how law firms blend marketing and networking amid the politicking in Cleveland.
From prayer to marathon training, the Am Law Daily heard from prominent Chicago lawyers about how they survived preparing for the bar exam.
DLA Piper may be the first full-service Am Law 100 firm to open an office in Puerto Rico.
Five years ago Turkey's economy was booming, enticing a handful of international law firms to open offices in the country. But after a failed military coup and with growth at a relative crawl, their future is unclear.
Stephen Surdu, a cybersecurity consultant, is a nontraditional hire for the firm, which has been building out its cybersecurity practice in recent months.
As associate salaries increase, reluctant clients are complaining about the wrong problem.
Eric Dratell, general counsel and head of legal and corporate affairs of Risk Management Solutions, was having dinner with his wife at the end of a vacation in Nice, France when the attacker struck.
A former partner at a pair of Am Law 100 firms leaves Cravath, Swaine & Moore a year after coming aboard; Jackson Lewis lands a high-powered lobbying group; Greenspoon Marder keeps growing; and other notable additions from throughout The Am Law 200.
With India's legal market inching closer to liberalization, the subcontinent could provide a shot of cross-border transactional work to global firms reeling from Brexit and an economic slowdown in China.
In addition to choosing one-time corporate lawyer Mike Pence as his running mate, Trump invited Rudy Giuliani and Michael Mukasey to address the RNC.
As national and regional law firms continue to expand in the Mile-High City, the growth is creating winners and losers.
Cravath, Swaine & Moore and Paul Weiss are helping bolster the dwindling revenues of the ailing Big Apple Circus. This month, the nonprofit is in a desperate attempt to raise $2 million, should some other prominent Wall Street firms also be willing to pony up.
After a long career as a partner at Davis Polk & Wardwell, followed by several years as a top banker at Citigroup Inc., Lewis Kaden has returned to the Wall Street firm as senior counsel.
Maura Grossman, who helped pioneer the use of artificial intelligence techniques for legal work at Wachtell, Lipton, Rosen & Katz, has left the storied Am Law 100 firm.
The firm has hired Lee Hutton III, a former college football player and chair of the entertainment, media and sports practice at Zelle LLP in Minneapolis. Hutton’s hire comes a few weeks after Barnes & Thornburg saw another high-profile sports lawyer depart.
The firms advised AMC and private equity giant Terra Firma, respectively, in a deal to create world’s largest movie chain with 7,600 screens in the U.S. and Europe.
For the lawyers who filed suit Saturday seeking to hold Syrian President Bashar al-Assad's government responsible for the death of veteran war correspondent Marie Colvin, the work was intensely personal.
The Am Law 100 firm is poised to pick up six lawyers, including the two founding partners, from Los Angeles-based Zaccaro Morgan. Thomas Zaccaro is a former Paul Hastings partner who started the boutique just over a year ago, only to return to his former home.
The Milwaukee-based Am Law 200 firm is poised to unveil a new managing partner—only the second in Quarles & Brady's history—on Dec. 1. Daniel Radler, an engineer-turned-IP lawyer, will succeed corporate partner Fredrick Lautz in the firm’s top leadership role.
Jones Day recruits two new partners on opposite coasts after a top restructuring duo departs; Milbank makes a rare lateral hire; Paul Hastings makes some high-profile additions; and other notable moves from throughout The Am Law 200.
Donald Trump has pledged to negotiate tough new U.S.-Chinese trade terms if he is elected president. So why not pick a running mate from the only law firm rooted in both countries?
The murder of five Dallas police officers by a sniper Thursday night sparked widespread condemnation, dismay and sadness in the aftermath of the tragic shooting of two black men this week in Louisiana and Minnesota. And lawyers were among the first to weigh in.
The two London-based legal giants reigned supreme in the gross revenue and profits per equity partner metrics, respectively, as most large U.K. firms unveiled financial figures this week for their 2015-16 fiscal years.
The U.S. legal industry's employment outlook remained mostly flat amid better-than-expected job growth in the overall American economy, according to the U.S. Department of Labor's latest jobs report.
Federal property off Long Island coast houses an animal disease research lab long shrouded in mystery.
The Am Law Daily caught up with the two lead principals at secretive legal consultancy Blaqwell Inc. for a rare on-the-record chat about trends affecting their clients, which have included some 40 Am Law 100 firms.
Those controversial deal tables are out again, with White & Case, Simpson Thacher & Bartlett, Sullivan & Cromwell and Davis Polk & Wardwell all jockeying for position as the quarterly so-called King of M&A.
Ropes & Gray patent litigation partners Hiroyuki Hagiwara and Hassen Sayeed have joined Paul Hastings in Tokyo and New York, respectively.
Law firm leaders surveyed by Citi Private Bank's Law Firm Group mostly reported that they expect a slight growth in demand in the second half of 2016, while realization rates are expected to remain stagnant.
L. Howard Belknap will become firmwide COO at Jackson, Mississippi-based Butler Snow.
The firm has gone mostly without summer associates, but has found another way to try to recruit soon-to-be law school graduates.
As facilities evolve, what becomes of the staff?
Three new laterals at Orrick; a pair of Honigman practice leaders land at Foley & Lardner; Gibson Dunn recruits from the Justice Department; Latham & Watkins welcomes a top SEC official; and other notable hires from throughout The Am Law 200.
The case, which promises to be the largest yet under the U.K.'s retooled competition law, marks the largest non-U.S. investment by Chicago-based litigation funder Gerchen Keller Capital LLC.
The firm bulked up its litigation and white-collar defense group in the nation's capital with the hire of Patrick Stokes, a longtime federal prosecutor and high-ranking official in the Justice Department's fraud division.
Could a merger be next for Cadwalader, Wickersham & Taft?
King & Wood Mallesons has continued to lose partners in London, with former European finance chief Jeremy Cross the latest to emerge at another firm.
Anchorage office head Jahna Lindemuth was profiled in The Am Law Daily last year when she helped secure the release of one of the Fairbanks Four.
Some law firms are finding that their younger partners can benefit from management training even more than their top brass.
After suffering a $30 million patent verdict last year, the synthetic grass maker skidded into bankruptcy court on Tuesday.
A deal between DLA Piper and Kabul's Kakar Advocates is said to be a first for the region.
A look at the Am Law 100 firms behind Lions Gate's bid to buy Starz; Apollo’s latest acquisition effort; and a pair of big health care transactions.
Five months after bolting on Finnish firm Peltonen LMR, global legal giant DLA Piper has expanded again in Scandinavia, as it prepares to absorb Swedish shop Grönberg.
On the heels of the U.K.’s vote to leave the European Union, two corporate partners are leaving Latham & Watkins, including the latter’s Frankfurt office leader, to open a new outpost for Gibson, Dunn & Crutcher.
Niro Law Ltd. faces claims that it owes a U.K. litigation financier more than $3.5 million for fueling part of the firm's IP docket.
Irish law firms could be poised to pick up additional work after last week’s surprising vote by U.K. voters to leave the European Union. That leaves Ireland as the only remaining English-speaking country with a common law tradition in the Eurozone.
Most projects skew left. But some lawyers and firms have bucked the trend.
A lawsuit claiming that the company underpaid its workers was withdrawn, but a lawyer for a former recruiter said that the dispute will continue in arbitration.
Goodwin Procter rolled out a new, shortened brand name on Tuesday, along with a fresh logo, an overhauled website and new digs on Boston’s waterfront.
Fenwick & West announced the launch of its fifth office in New York this month to a bit of fanfare. But thanks to a firm policy, there are actually Fenwick lawyers working in offices all over the country, from Vermont to Idaho.
After the the efforts of attorney Thomas Geoghegan, Chicago sci-fi fans hoping to pore over "Star Wars" memorabilia may have to travel to a city far, far away.
Several new recruits join Reed Smith; Latham & Watkins welcomes a former Sullivan & Cromwell partner in New York; Gibson Dunn grabs one and loses another; and other notable additions from throughout The Am Law 200.
While Friday’s Brexit vote has likely cast a potential shadow over cross-border M&A activity, a number of timely billion-dollar tie-ups were announced amid the U.K.’s decision to leave the European Union.
F. Lee Bailey, a criminal defense lawyer famous for his roles representing high-profile clients such as Sam Sheppard and being part of O.J. Simpson’s legal defense “Dream Team,” sought Chapter 7 protection Friday in Maine.
Andrew Arruda, the 27-year-old founder of ROSS Intelligence, says his company's technology is already serving hundreds of lawyers.
Washington, D.C.-based BuckleySander told its associates that the firm's salary scale won't change, but midyear bonuses will boost most first-years' pay above $180,000.
New data on law firm mergers this year shows fewer international deals and a slowdown in major combinations.
As top transactional lawyers sought to calm nervous clients Friday after Britain's vote to leave the EU, several said that they were bracing for the possibility of a two-year drought in their most highly leveraged, profitable business: advising on cross-border M&A deals.
Zaldwaynaka “Z” Scott, a well-connected co-chair of Kaye Scholer’s Chicago white-collar litigation and internal investigations practice, is headed to Foley & Lardner in the Windy City.
Thomas Laryea, co-chair of Dentons' global government sector and former head of the firm's Africa initiative, has joined a new shop specializing in the diverse legal needs of African governments and diaspora from the continent.
For defendants suddenly facing white-collar prosecution, suicide can be a real temptation. What can their lawyers do to stop it, and what happens if it’s too late?
Major, Lindsey & Africa has acquired three analytical reports on in-house law departments that were previously owned by General Counsel Metrics LLC, a consulting firm owned by Altman Weil principal Rees Morrison.
Ice hockey in the desert might have somewhat of a checkered history in the National Hockey League, but three Am Law 200 firms are advising on a $500 million deal announced late Wednesday to bring a professional hockey franchise to Sin City.
A former Jones Day business development and communications manager filed a complaint against the firm for gender, age and pregnancy discrimination.
As it continues to market litigation funding to law firms, Bentham IMF launched a new tool on Wednesday that it promises will show managing partners how outside financing can help boost realization rates.
The firm has filed its formal application for employment to advise Gawker Media Group as the company seeks to navigate Chapter 11 proceedings in New York.
Christo’s longtime lawyer at Bryan Cave advised the artist on his latest project: a shimmering yellow walkway that allows visitors to stroll across an Italian lake.
Prime partners at lockstep firms are favored targets as the firm surfs the lateral market.
Donald Trump’s actions have a troubling precedent. But there’s method to his madness.
The Big Four accounting firms are continuing to invest heavily in their legal services arms, expanding their presence in the Americas even as their footprint grows in the United Kingdom.
Amid food shortages and rising political unrest, major firms in Caracas are doing what they can to weather the storm.
The firm has secured temporary visas for a Syrian baby and her mother to go to Barcelona for surgery, but the trip from Jordan could threaten the family's resettlement to the U.S.
Amid more departures, K&L Gates seeks to grow; Akin Gump and Reed Smith hire from Winston & Strawn; Fox Rothschild reels in a leading Twin Cities litigator; and other notable additions from throughout The Am Law 200.
A month after Dentons suggested law firms and their clients should abandon “pay-to-play” networks for international legal referrals and announced its own new network, the referral industry is fighting back.
Since 49 people were gunned down at Orlando’s Pulse nightclub last weekend, law firms have offered to ramp up their support for gun control efforts.
From industrial chemicals to traffic cones, one of the last weeks of spring provided a plethora of transactional opportunities for dozens of Am Law 100 firms.
The co-chairs of McDermott, Will & Emery surprised their partnership when they announced Monday that they’ll step down at the end of this year. Insiders pointed to several potential candidates to replace them.
Between celebrating the opening of a $5.5 billion theme park in Shanghai and girding for the legal aftermath of a gruesome alligator attack in Orlando, Disney has had quite a week.
A year after WilmerHale consolidated its London operations, one longtime partner has left for McDermott Will & Emery; Jones Day hires a trio; Shearman & Sterling snags one from Boies Schiller; and other notable additions from throughout The Am Law 200.
Law firms and their former associates are taking notice as an incubator for budding tech lawyers takes shape in New York City.
As S&C dips its toes into debtor's side Chapter 11 work for Arctic tanker company Primorsk, a creditor says that the firm might have squandered $2 million in hourly billings.
The troubled city of Flint, Michigan, has hired Foley & Lardner to represent its interests in unidentified allegations levied by a former city attorney, as the municipality grapples with an ongoing water crisis.
Tips ranged from better transparency to stronger management as lawyers from several Chinese firms visited with law firm leaders in New York and D.C.
More charts from The American Lawyer's annual Diversity Scorecard reveal the racial and ethnic demographics of individual law firms.
Need ideas on how to splurge a little with your well deserved pay hike? Take a look.
Cook’s soon-to-be-former firm also welcomed a government lawyer through the revolving door on Monday, saying it had hired antitrust lawyer David Gelfand from the U.S. Justice Department.
Davis Polk & Wardwell, Fenwick & West, Ropes & Gray, Simpson Thacher & Bartlett and Wilson Sonsini Goodrich & Rosati are advising on Symantec Corp.’s $4.65 billion buy of Blue Coat Systems Inc. from buyout giant Bain Capital LP.
Economic status, not necessity, is what allows women to stick it out in jobs.
It’s been nearly two years since the Legal Services Corporation first turned to the nation’s largest law firms for financial support. So far just 19 firms have pledged to help.
Former eBay general counsel Michael Jacobson returns to Cooley in Silicon Valley; a Kirkland & Ellis seeks a shave; Greenberg Traurig grows in Israel; and other notable additions from throughout The Am Law 200.
Madeleine McDonough will succeed outgoing chairman John Murphy, who served 15 years as head of the products liability litigation defense giant.