The end of panel reviews, BLP becomes BCLP and an acerbic reply-all email – the best of Legal Week last week
The most-read news and analysis from Legal Week last week
February 27, 2018 at 06:43 AM
3 minute read
Two years after its merger talks with Greenberg Traurig ended, Berwin Leighton Paisner has secured its elusive US tie-up, confirming yesterday (26 February) that partners had approved a fully financially-integrated deal with Bryan Cave that will go live in April.
The newly merged Bryan Cave Leighton Paisner will be a top 50 player by global revenue and the first leading firm to be led by two women.
In other news, long-winded panel reviews could be set to become a thing of the past after Barclays confirmed its latest panel review will be its last. After that, the bank is planning to jump onto the continuous feedback bandwagon, with a move to ditch formal reviews in favour of constant adjustments.
It's a decision that's likely to be closely watched by the bank's key advisers, which include a host of top US firms, many of which have been showing their commitment to London through a series of bumper partner promotion rounds.
Legal Week's research found combined City promotions at 32 of the largest US firms in London jumped by nearly 30% year on year, with many expanding their UK presence, despite the uncertainty of Brexit. The increase compares to a global increase in new partner promotions of just 6% across the same group of firms.
Elsewhere, elite US outfit Quinn made headlines last week when firmwide managing partner John Quinn sent a reply-all email spelling out his feeling about one of two of his New York partners leaving to launch their own firm, hitting out at Faith Gay's "stealthy" exit and "saccharine" farewell email.
Other highlights on Legal Week last week include:
- Latham becomes world's first $3bn law firm as London office outpaces global growth
- Baker McKenzie brings in Simmons for review of firms response to sex assault claim
- Hogan Lovells breaks $2bn mark for first time as London revenues also rise
- Former Skadden associate charged with lying to FBI in Mueller probe
- Herbert Smith Freehills senior partner Palmer faces challenge from litigation heavyweight for top role
- Ministry of Defence cuts legal spend to top billing advisers as magic circle firms see fees fall
- PwC eyes global expansion of flexi-lawyering service as 1,000 sign up since launch
- Ex-Slaughters partner admits tax scheme error of judgement in FCA chair appointment hearing
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Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
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