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Roy Strom

Roy Strom

October 03, 2017 | The American Lawyer

Are Law Firms Charging Less or Just Making Less?

In a market where clients are struggling to deliver more legal services for less cost (the challenge), Richard Susskind said a law firm may be tempted to undercut its competition on price in hopes of winning more work.

By Roy Strom

4 minute read

October 02, 2017 | The American Lawyer

King & Spalding Makes Second Splash in Chicago Expansion

Zach Fardon launched King & Spalding's Chicago office in August, and the former top federal prosecutor in the Windy City is already proving that the reputation he built in that office will translate to growing his new one. Patrick Collins, who spent the past dozen years at Perkins Coie, and Jade Lambert are now joining Fardon's team.

By Roy Strom

4 minute read

September 28, 2017 | National Law Journal

Law Firm Mergers Keep Record Pace in Third Quarter

Managing partners are still in the merging mood.Law firm mergers kept up their record pace in the third quarter of the year and are on track to eclipse a record set just two years ago, according to one report and a preliminary analysis of another.

By ROY STROM

3 minute read

September 28, 2017 | The Recorder

Law Firm Mergers Keep Record Pace in Third Quarter

Law firm mergers kept up their record pace in the third quarter of the year and are on track to eclipse a record set just two years ago.

By Roy Strom | The American Lawyer |

3 minute read

September 27, 2017 | The American Lawyer

Law Firm Mergers Keep Record Pace in Third Quarter

The record for mergers set in a year, 91 in 2015, will fall this year if there are 16 combinations in the fourth quarter. The last time there were fewer than 16 mergers in a fourth quarter was 2010, according to data compiled by legal consultancy Altman Weil. Last year there were 25 tie-ups toward years' end.

By Roy Strom

3 minute read

September 26, 2017 | The American Lawyer

Sheppard Mullin Adds Practice Leader to Grow Winston Lateral Roster

Liisa Thomas, the former chair of Winston & Strawn's global privacy and data security practice, has joined Sheppard, Mullin, Richter & Hampton's Chicago office, treading a path familiar to four of her colleagues that have made a similar move in the Windy City.

By Roy Strom

4 minute read

September 22, 2017 | The American Lawyer

Winston, Latham Prepare for Pitched Battle Over US Soccer

Jeffrey Kessler, a veteran antitrust litigator in the sports arena, is taking aim at the governing body for soccer in the U.S. The 71-page complaint recently filed by a team of Winston & Strawn litigators led by Kessler against the U.S. Soccer Federation—advised by Latham & Watkins—had been at least two years in the making.

By Brian Baxter and Roy Strom

8 minute read

September 20, 2017 | The American Lawyer

High-Powered Plaintiff's Lawyers Battle Over Fees in NCAA Concussion Case

Jay Edelson and Steve Berman have been quarreling over strategy in a concussion class action case against the National Collegiate Athletic Association. Now the two litigators are also fighting to reduce each other's attorney fees, worth a total of up to $21 million.

By Roy Strom

18 minute read

September 19, 2017 | The American Lawyer

Barnes & Thornburg Looks to West Point for a New Leader

Steven Merkel has been COO at Barnes & Thornburg for 42 days. It is the first Big Law job for the retired U.S. Army colonel, who most recently served as chief of operations for the U.S. Military Academy. Merkel hasn't lost his military-like loyalty to mission; it has just shifted focus.

By Roy Strom

17 minute read

September 18, 2017 | The American Lawyer

Litigation Funder Longford Raises $500M as Industry Stays Flush

Longford Capital Management LP on Monday announced the latest headline figure in the litigation finance industry. Longford said it raised $500 million for a second fund that will dwarf the initial $56.5 million fund that the Chicago-based firm raised three years ago.

By Roy Strom

4 minute read