In its third annual look at which U.S. law firms have the strongest brand recognition among corporate clients, research company Acritas has again placed Skadden, Arps, Slate, Meagher & Flom at the top of the list, followed by Jones Day, Kirkland & Ellis, Baker & McKenzie and Hogan Lovells.
Patton Boggs, which is engaged in preliminary merger talks with Squire Sanders after announcing the closure of its Newark office this week, could see one of its top partners head for the door. James Tyrrell Jr., a member of the firm's executive committee and head of its toxic tort and product liability practice group, joined Patton Boggs in a high-profile lateral move in 2006. He also took on a controversial case representing indigenous Ecuadoreans suing energy giant Chevron, which has complicated Patton Boggs' efforts to find a merger partner. As it happens, Squire Sanders has its own ties to the South American nation.
Following a nearly two-year investigation that began as Dewey & LeBoeuf spiraled toward death, its former chairman, Steven Davis; its former executive director, Stephen DiCarmine; and its ex-chief financial officer, Joel Sanders, were accused Thursday of "concocting and overseeing a massive effort to cook the books" at the firm.
Baker & McKenzie, Chadbourne & Parke, Clifford Chance, Dentons, DLA Piper and Squire Sanders have all seen business at their offices in Kiev grind to a halt this month amid clashes between opposition forces and security services loyal to former president Viktor Yanukovych.
Though DLA Piper's growth slowed in 2013 as it continued to reshape its practice, the firm still managed to hit new highs in both revenue and profits per partner, according to The American Lawyer's reporting.
Debevoise & Plimpton had a successful 2013 on all financial fronts, with gross revenue increasing by 1.9 percent, to $688 million, and profits per equity partner soaring 11.3 percent, to $2.31 million.
After a turbulent year in which at least three dozen partners left and some core practices fell into the doldrums, Weil, Gotshal & Manges reported substantial financial declines in 2013. Revenue dipped 7.4 percent while profits per equity partner fell by the same percentage.
A week before three former Dewey & LeBoeuf leaders were charged with engineering a massive fraud that helped destroy the firm, litigator Geoffrey Coll underscored the human toll of the collapse caused by their alleged actions by filing for Chapter 7 protection.
More than a decade after a former LeBoeuf Lamb partner pleaded guilty to giving faulty tax advice, his past actions are at the heart of two malpractice suits seeking millions of dollars in connection with the Dewey & LeBoeuf bankruptcy case.
The latest tax filings by the National Football League and its collective bargaining arm show that it paid out nearly $25 million to Akin Gump, Covington & Burling and Paul Weiss, the latter a newcomer to the NFL's stable of top outside legal advisers.
A Boston-based white-collar litigator jumps to Latham & Watkins from Ropes & Gray; Brownstein Hyatt Farber & Schreck gains five intellectual property lawyers; and Morrison & Foerster welcomes back a former partner from the Obama administration. The Churn is constant. Please send all announcements to email@example.com.
Senior leveraged finance partner John Cobb is heading to Paul Hastings from Weil, Gotshal & Manges, marking the 36th partner departure from Weil in the past six months, and the 15th in just the last three months alone, according to reporting by The American Lawyer.
Davis Polk & Wardwell saw its profits per partner surge 22.5 percent last year, to $2.94 million, while the firm's gross revenue rose a more modest 5.4 percent, to $975 million, according to The American Lawyer's reporting.
Clad in suits and handcuffs, former Dewey & LeBoeuf executives Steven Davis, Stephen DiCarmine and Joel Sanders, along with former Dewey accounting employee Zachary Warren, filed into a downtown Manhattan courtroom Thursday to plead not guilty to multiple counts of fraud related to the firm's 2012 collapse.
Paul, Weiss, Rifkind, Wharton & Garrison saw its profits per partner increase more than 8 percent last year, to $3.62 million, and its gross revenue rise nearly 7 percent, to $934.5 million, according to The American Lawyer's reporting.
Paul Hastings enjoyed across-the-board improvements in its financial performance last year, with gross revenue rising 3.6 percent, profits per equity partner climbing 4.6 percent and revenue per increasing a full 5 percent, according to The American Lawyer's reporting.
Dinsmore & Shohl expands its public finance capabilities with the acquisition of a 35-lawyer Cincinnati-based firm; Dorsey & Whitney loses a pair to Polsinelli; and Orrick expands in London.The Churn is constant. Please send all announcements to firstname.lastname@example.org.
Kaye Scholer saw its gross revenue decline for the third straight year in 2013, but the firm managed to eke out small gains in revenue per lawyer and profits per equity partner thanks to an accompanying contraction within its attorney ranks, according to The American Lawyer's reporting.
Dentons hires a total of 46 attorneys from failed Canada firm Heenan Blaikie; Akerman adds three new litigators in its month-old Chicago office; and a former White House adviser joins Akin Gump. The Churn is constant. Please send all announcements to email@example.com.
The criminal indictments of three former Dewey leaders accused of engineering a massive fraud that helped kill the firm include a wealth of potentially damaging email messages that lawyers for the defendants say have been taken out of context. Read on for some of the most colorful excerpts.
In a stunning turn of events, three former leaders of Dewey & LeBoeuf were accused Thursday of engineering a massive fraud that helped drive the storied firm to its death. Read The American Lawyer's complete coverage here.
Weil and Womble Carlyle are advising RF Micro Devices in connection with its purchase of TriQuint Semiconductor, a rival maker of radio frequency semiconductor chips, in an all-stock deal worth roughly $1.6 billion. Perkins Coie is representing TriQuint.