Dollars galore, Kirkland exits and a rare hire for Slaughter and May: the best of Legal Week last week
The best news, interviews and analysis from Legal Week during the past seven days
February 20, 2017 at 06:05 AM
3 minute read
Results from the top law firms in the US are coming in thick and fast, and a clear picture is emerging (with the odd exception, such as Cadwalader) – 2016 was a strong year for those in the world's largest legal market.
Last week, Cooley, Davis Polk, Milbank and White & Case were among a host of US firms posting positive growth in 2016, though the latter saw its London office outpaced by the firm globally as Brexit and slower deal markets made their impact felt.
All of the results are being compiled by our US sister title The American Lawyer, which will publish its definitive ranking of the largest firms across the Atlantic by revenue in the coming months (here's last year's list).
Aiding some US firms' performance will have been their roles on a number of high profile mandates, with research showing US firms won half of the lead advisory roles on Europe's largest deals in 2016.
But it wasn't good news for all US firms last week. In a seven-day period dominated by team exits and high profile individual moves, Kirkland & Ellis saw a seven-partner team quit for stateside rival Sidley Austin in Germany.
Other highlights from Legal Week last week
- Eversheds Sutherland follows transatlantic tie-up with Singapore merger deal
- Five-partner Ashurst private equity team set for Freshfields move
- 'The goal is not to be punitive' – HP's legal chief on how firms are responding to diversity demands
- HP to withhold fees from law firms that do not meet diversity requirements
- DLA aims to get more out of partners with new focus on performance and integration
- White & Case global management committee member jumps to Jenner & Block in London
- Weil Gotshal to close Dubai base as Middle East cutbacks continue
- CMS to put Asia expansion and culture change at heart of post-merger strategy
- HSF Australia partners heading to White & Case instruct lawyers for departure dispute
- CMS to leverage Nabarro Sheffield base and Olswang tech focus for post-merger manufacturing push
- Slaughter and May makes first ever London lateral hire with move for HSF pensions chief
- Dealmaker: Slaughters' Richard Swallow on Rolls-Royce, wheeling Boardman through an airport and advising Britney Spears
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All![Latham's magic circle strikes, pay rises and EY's legal takeover: the best of Legal Week over the last few weeks Latham's magic circle strikes, pay rises and EY's legal takeover: the best of Legal Week over the last few weeks](https://images.law.com/cdn-cgi/image/format=auto,fit=contain/https://images.law.com/contrib/content/uploads/sites/378/2016/06/Georgina-Stanley-Legal-Week-Article-201606291325.jpg)
Latham's magic circle strikes, pay rises and EY's legal takeover: the best of Legal Week over the last few weeks
3 minute read![Job losses, soaring partner profits and Freshfields exits - the best of Legal Week over the past two weeks Job losses, soaring partner profits and Freshfields exits - the best of Legal Week over the past two weeks](https://images.law.com/cdn-cgi/image/format=auto,fit=contain/https://images.law.com/contrib/content/uploads/sites/378/2016/06/Georgina-Stanley-Legal-Week-Article-201606291325.jpg)
Job losses, soaring partner profits and Freshfields exits - the best of Legal Week over the past two weeks
3 minute read![Why firms can no longer ignore culture if they want to stay competitive Why firms can no longer ignore culture if they want to stay competitive](https://images.law.com/cdn-cgi/image/format=auto,fit=contain/https://images.law.com/contrib/content/uploads/sites/378/2016/10/Jenny-Jones_425616-Article-201610200800.jpg)
![Magic circle PEP hikes, the associate pay conundrum and more #MeToo - the best of Legal Week last week Magic circle PEP hikes, the associate pay conundrum and more #MeToo - the best of Legal Week last week](https://images.law.com/cdn-cgi/image/format=auto,fit=contain/https://images.law.com/contrib/content/uploads/sites/378/2016/06/Georgina-Stanley-Legal-Week-Article-201606291325.jpg)
Magic circle PEP hikes, the associate pay conundrum and more #MeToo - the best of Legal Week last week
3 minute readTrending Stories
- 1ACC CLO Survey Waves Warning Flags for Boards
- 2States Accuse Trump of Thwarting Court's Funding Restoration Order
- 3Microsoft Becomes Latest Tech Company to Face Claims of Stealing Marketing Commissions From Influencers
- 4Coral Gables Attorney Busted for Stalking Lawyer
- 5Trump's DOJ Delays Releasing Jan. 6 FBI Agents List Under Consent Order
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250