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Dechert, Simpson Thacher Land Roles on Two Big South American Deals
THE AM LAW 100: Bay Area Firms See Profits Drop Up to 21%, Revenues Flat
A tanking economy and frozen credit markets struck a double blow to Bay Area-based Am Law 100 firms in 2008, causing slower revenue growth and a drop in profits, according to The Recorder, a sibling publication of The Am Law Daily.Dealmakers of the Week: MoFo's Kenneth Siegel, Robert Townsend
Morrison & Foerster partners Siegel and Townsend led the team advising Japanese Internet and telecommunications group SoftBank in connection with its acquisition of a majority stake in Sprint Nextel, as well as a related deal in which Sprint is to buy the stake in Clearwire Corp. it does not already own.The Churn: Lateral Moves and Promotions in The Am Law 200
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Name Partner Schulman Exits Milberg Weiss
Steven Schulman, a name partner at Milberg Weiss Bershad & Schulman, has resigned from the firm -- seven months after he, another partner, and the firm were indicted in an alleged kickback scheme.Reports: Ousted Paterno Contacts King & Spalding Partner Sollers
Lawyers Shrink From Web Real Estate Spotlight
Attorneys at major law firms, including Bryan Cave, Jones Day and Skadden, Arps, Slate, Meagher & Flom, are finding themselves and their recent home purchases or sales in an Internet spotlight called Blockshopper. Some of them aren't too happy about it and are taking action.A federal judge in Los Angeles, raising concerns about a "legal shakedown" has ordered four attorneys and a paralegal to show up at a hearing next month to explain why they shouldn't be sanctioned for fraudulently filing dozens of actions against unnamed individuals accused of downloading copyrighted pornography videos.
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