BLP's new merger play, pay to stay and law's Weinstein issue: the best of Legal Week over the last week
The best news, interviews and analysis from Legal Week and ALM over the last week
October 17, 2017 at 11:17 AM
2 minute read
Eighteen months after its merger talks with Greenberg Traurig fell apart in the public eye, Berwin Leighton Paisner has renewed its efforts to crack the US, confirming that it is in discussions with Missouri-based Bryan Cave about a potential union.
The talks, set to go to a partner vote later this year, represent a much more modest proposition than Greenberg but, also in contrast to Greenberg, partners believe a deal is much more likely to happen this time.
Elsewhere, fresh from a spate of partner exits globally, we broke the news that Ropes & Gray has been offering associates retention bonuses of up to $50,000 to stay with the firm instead of following their partners out of the door to firms such as Kirkland & Ellis.
And following the shocking recent revelations regarding Hollywood producer Harvey Weinstein, we also carried out our own investigation into the level of sexual harassment women are experiencing within law firms – finding that nearly two-thirds of female respondents have been sexually harassed while working at a law firm.
We also look at why firms need to take the issue more seriously and encourage women to come forward without fear of recrimination.
Other highlights on Legal Week over the last week
- Law firms falling behind on technology and client expectations, says PwC report
- CC ups use of 'superpoint' tier with at least three London partners now on £2m
- The British Legal Awards 2017: have you made the shortlist?
- What happens to Kirkland's legions of salaried partners?
- Ex-Linklaters financial regulatory partner joins BLP after Latham move falls through
- Why your law firm isn't anywhere near as profitable as you think
- PwC launches on-demand flexible lawyering service for clients
- Skadden M&A partner and English law practice founder Hatchard to retire
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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.
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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.
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