June 22, 2017 | The American Lawyer
Caesars Bankruptcy Still Paying Out to Three Big FirmsA 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
As Litigators Depart, Sedgwick Sheds StaffersAfter 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
'For Growth's Sake,' Enough AlreadyIf 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
Barnes & Thornburg's Efficiency Push: A Change Management StoryTwo 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
A Transformed Butler Snow Re-Elects Its 68-Year-Old LeaderDonald 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
Litigation Finance, Sure. Litigation Insurance? UK Broker Seeks US SalesA 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
Locke Lord Leaders Launch Boutique Amid TCPA Uncertainty for Big LawLike 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
Longford Capital Hires Paul Hastings Lawyer to Source Bankruptcy DealsChicago-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
Judge Rules Big Trump Supporter Owes Nixon Peabody $5.7M in FeesPresident 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
Polsinelli's Chicago Leader Steps Down After 11 Years of Nonstop GrowthTony 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
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