Roy Strom

June 22, 2017 | The American Lawyer

A U.S. bankruptcy judge in Chicago recently approved payments to Kirkland, Jones Day and Proskauer Rose in the Chapter 11 case of casino and hotel giant Caesars Entertainment. The bankruptcy, winding down after nearly two years of proceedings, has brought more than $125 million collectively into those three firms' coffers.

By Roy Strom

18 minute read

June 20, 2017 | The American Lawyer

After watching a large group of lawyers decamp earlier this year, San Francisco-based Sedgwick has seen a spate of partner departures within the past month. Mintz Levin has landed two partners in Los Angeles, while Crowell & Moring and Troutman Sanders have made hires in other cities. As a result, Sedgwick has shed some staffers.

By Roy Strom

5 minute read

June 19, 2017 | The American Lawyer

If your firm's latest merger or lateral hire isn't “growth for growth's sake,” then save the unprompted defense. It's not believable.

By Roy Strom

12 minute read

June 17, 2017 | The American Lawyer

Two years ago, the 520-lawyer firm set out to develop a legal project management strategy. The BT ValueWorks program now includes 125 lawyers and is budgeting matters that make up 10 percent of Barnes & Thornburg's revenue. Change management is an issue all law firms face.

By Roy Strom

8 minute read

June 15, 2017 | The American Lawyer

Donald Clark Jr. led Butler Snow from the three-office, 140-lawyer regional firm it was in 2006, to a 330-lawyer international firm with offices in 24 locations. The 68-year-old has now been asked to continue his leadership of the firm until January 2020.

By Roy Strom

25 minute read

June 14, 2017 | The American Lawyer

A relative of litigation funding, litigation insurance for plaintiffs can defray the cost of an unsuccessful case. TheJudge is a British outfit launching in New York as part of its plan to bring the product across the pond to U.S. companies and law firms.

By Roy Strom

8 minute read

June 13, 2017 | The American Lawyer

Like many big firm lawyers, Locke Lord's Martin Jaszczuk built a practice representing clients hit by a wave of telemarketing suits. Now that he's on his own, what happens if that torrent turns back to a trickle?

By Roy Strom

5 minute read

June 12, 2017 | The American Lawyer

Chicago-based litigation financier Longford Capital Management LP has hired director Marc Carmel to bolster its restructuring operations. Carmel comes from Paul Hastings, where he was of counsel after joining that firm from Kirkland & Ellis' partnership in 2011.

By Roy Strom

3 minute read

June 01, 2017 | The American Lawyer

President Donald Trump's Illinois finance chairman and his family owe $5.7 million in unpaid legal fees to Nixon Peabody related to a 95-day trial in 2014, a Cook County Circuit Court judge ruled Wednesday.

By Roy Strom

13 minute read

May 31, 2017 | The American Lawyer

Tony Nasharr was a Big Law novice when his six-lawyer boutique was absorbed into Polsinelli in 2006. But he proved a quick study as Chicago managing partner, growing the firm's office into nearly 100 lawyers. As Nasharr prepares to step down, The American Lawyer caught up with him to discuss what he's learned in the Big Law trenches.

By Roy Strom

24 minute read