February 10, 2006 | Law.com
Four More Firms Boost First-Year Pay to $145,000More major law firms have boosted associate base salaries to match the emerging standard of $145,000 for first-years. Though most of the top New York firms are expected to match Sullivan & Cromwell's latest salary spike, the moves by Washington, D.C.'s Covington & Burling and Miami's Greenberg Traurig suggest most non-New York firms will eventually match as well. The recent New York raises topped an earlier round of increases by California firms that boosted first-year pay to $135,000.
By Anthony Lin
2 minute read
February 14, 2011 | The American Lawyer
White & Case Boosts Tokyo OfficeWhite & Case has boosted its Tokyo office with two partners recruited from Paul, Hastings, Janofsky & Walker, the firm announced last week.
By Anthony Lin
2 minute read
July 23, 2007 | Law.com
Litigator Wins 'Success Fee'A Manhattan court finds Stanley Arkin is entitled to the fee for representing a former Citigroup executive against the company.
By Anthony Lin
2 minute read
October 04, 2007 | National Law Journal
Former Cravath Associate Pleads Guilty in Underage Sex ScandalA former Cravath, Swaine & Moore associate has pleaded guilty to rape charges stemming from his sexual relationships with three underage girls. James P. Colliton pleaded guilty to second- and third-degree rape felony charges as well as one count of patronizing a prostitute and agreed to one-year prison sentences on each charge, to be served concurrently. Fired from Cravath when his conduct came to light, Colliton also agreed to register as a sex offender.
By Anthony Lin
1 minute read
December 07, 2005 | Law.com
Fla. Law Firm Officially Launches Manhattan OfficeBecoming one of the latest law firms to debut a Manhattan office, 440-lawyer Akerman Senterfitt has opened a New York outpost with six shareholders. The Miami-based firm's New York office will focus on corporate, real estate, litigation and Latin American practices. The past year has seen a major wave of New York expansion by out-of-town firms that had previously avoided the market.
By Anthony Lin
1 minute read
April 03, 2006 | Law.com
Simpson Thacher to Open Beijing OfficeSimpson Thacher & Bartlett has announced plans to open a Beijing office as it boosts its Asian presence with two lateral recruits: a capital markets partner from Shearman & Sterling and a former M&A partner from China's Fangda Partners. One of the most prestigious and profitable firms, Simpson Thacher has generally avoided lateral recruitment of partners but has made exceptions to boost specific practice areas or offices.
By Anthony Lin
1 minute read
September 18, 2006 | Law.com
Dreier Acquires Bankruptcy Boutique Traub BonacquistNew York's Dreier law firm has acquired well-known bankruptcy boutique Traub, Bonacquist & Fox, an eight-lawyer firm that has participated in several of the largest bankruptcies of recent years. Paul Traub will become co-chair of Dreier's bankruptcy practice, and four other Traub Bonacquist lawyers will become partners at Dreier. Three associates will also make the move.
By Anthony Lin
1 minute read
January 20, 2006 | Law.com
Top White & Case Partner to Join Quinn EmanuelOne of the top partners at New York's White & Case is leaving to join L.A.-based litigation boutique Quinn Emanuel Urquhart Oliver & Hedges. The recruitment of Robert L. Raskopf, whose many clients include the National Football League, is a major coup for Quinn Emanuel's New York office, which has grown to almost 50 lawyers since its launch three years ago. Large-firm litigation partners often turn to boutiques because, lacking corporate practices, they have less potential for conflicts of interest.
By Anthony Lin
1 minute read
June 06, 2008 | Law.com
Malpractice Claim Proceeds Against Shearman & SterlingA Manhattan appellate court has allowed a legal malpractice suit to proceed against Shearman & Sterling over the New York law firm's alleged failure to perfect a priority security interest for a private investor. The New York Appellate Division, 1st Department ruled that James Garten had adequately pleaded his malpractice claim alleging that Shearman inadequately advised him on a $750,000 loan he agreed to make to Pacific Jet, a Las Vegas air charter company that filed for bankruptcy in 2005.
By Anthony Lin
2 minute read
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