Law Firm Partners

The Transfer Window: recent moves including OC, Freshfields and CC

By Legal Week | March 3, 2013

Osborne Clarke (OC) has continued its run of recent recruitment with the hire of Eversheds' former UK corporate head Mark Spinner. Spinner joined OC's City office last week, with his arrival taking the London partner count to 50. He has spent around 25 years spread at Eversheds over two spells, after leaving in 2000 to join internet start-up Wesupply and rejoining the firm two years later.

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Cleared for take-off – the new shape of the Middle East legal market

By Legal Week | February 28, 2013

Dubai's detractors have had a field day in recent years. The wise man, they pointed out, did not build his house upon the sand. From its heyday in the 2000s, doomsayers forecast the city would collapse and be swallowed up by the desert. That has not happened and, after a painful retrenchment, the Middle East's leading hub is back on the path to growth. With the opening of Terminal 3, Dubai's airport expects 75 million international passengers in 2013, rising to 90 million in 2015. This would catapult it into the lead as the world's busiest airport, dwarfing its closest rivals London Heathrow (65 million), Paris Charles De Gaulle (56 million) and Hong Kong's Chek Lap Kok (53 million).

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Dundas overhauls partner capital contribution system

By Gerard Starkey | February 28, 2013

Dundas & Wilson has overhauled the way partners pay capital into the firm, bringing in a new two-tier system that sees all partners put in total capital contributions of either £230,000 or £130,000. The new structure, which the firm began implementing last year, sees new partners pay in the lower level of capital in one payment while the bulk of partners contribute the larger amount.

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SJB postpones partners' quarterly profit payments to boost cash flow

By Pui-Guan Man | February 28, 2013

SJ Berwin has held back quarterly profit distributions due to be paid to partners in February to improve cash flow at the firm. The City firm, which made the previous payment in November in full, confirmed that it had opted to postpone paying partners their most recent profit distribution on the back of a large January tax bill and increased investment internationally. Monthly drawings have been paid as normal.

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Reed Smith, Sidley Austin and Gibson Dunn post healthy results amid challenging deal market

By Alex Newman | February 28, 2013

A host of elite US law firms have posted their 2012 financials this week, with the vast majority posting broadly positive results despite a choppy global deal market. Reed Smith, Sidley Austin, Paul Hastings, Gibson Dunn & Crutcher, Proskauer Rose and Shearman & Sterling all saw earnings grow last year, with Mayer Brown one of the few firms to post a drop in both revenue and profits per equity partner (PEP).

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Herbert Smith faces fierce competition in 'over-lawyered' German market

By Pui-Guan Man | February 21, 2013

The news that Herbert Smith Freehills is set to launch in Germany later this year has been met with a mixed response from the local market, with lawyers questioning whether the firm will be able to come close to matching the strength offered through its former alliance with Gleiss Lutz. The firm last week confirmed it is opening an office in Frankfurt in the second quarter of 2013 with the hire of Ralf Thaeter, who was head of corporate and M&A at Gleiss. The office will initially focus on M&A, corporate, disputes and finance work, with a view to expanding to a full-service offering. The firm was not able to open in the country earlier than January 2013 due to the wind-down terms of its alliance with Gleiss and Benelux firm Stibbe, which broke down in December 2011.

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Hong Kong lawyers in demand as global firms fight for Chinese speakers

By Elizabeth Broomhall in Hong Kong | February 21, 2013

International law firms in Hong Kong are ramping up their recruitment of Mandarin speakers in a bid to boost relationships with mainland China clients, creating fierce job competition for foreign lawyers in the region. A Legal Week survey of international firms operating in Hong Kong found every firm responding to the survey bar one had increased the number of Mandarin-speaking lawyers in their Hong Kong offices since 2011. The increase took the average percentage of Mandarin speakers employed by the 16 responding law firms to 60% of their total Hong Kong lawyer count.

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The eight golden rules – how to be a successful equity partner

By Legal Week | February 14, 2013

The first rule of being a successful equity partner is covering your costs and share of the overheads – this is the very minimum expected. Unlike senior associates, or even salaried partners, it is the equity partner's responsibility to make sure that their team's client work adds value to the firm through profit. If an equity partner acquires a reputation for continually failing to achieve their targets, this normally leads to them leaving the practice.

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Revolving doors - London partner churn at US firms reaches new heights

By Georgina Stanley | February 7, 2013

As Cobbetts this week looked to be taking its final steps towards obsolescence and a pre-pack deal with DWF, new research from Legal Week has found US firms' activities on this side of the pond moving in an entirely more positive direction. Casting aside the seemingly perpetual economic gloom, firms have turned their attention to London expansion, with our latest survey into the hiring trends of US players in the City demonstrating record levels of partner recruitment.

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International Edition

Revolving doors - London partner churn at US firms reaches new heights

By Georgina Stanley | February 7, 2013

As Cobbetts this week looked to be taking its final steps towards obsolescence and a pre-pack deal with DWF, new research from Legal Week has found US firms' activities on this side of the pond moving in an entirely more positive direction. Casting aside the seemingly perpetual economic gloom, firms have turned their attention to London expansion, with our latest survey into the hiring trends of US players in the City demonstrating record levels of partner recruitment.

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National Law Journal

Gordon Caplan, Ex-Willkie Co-Chair, Gets 1-Month Prison in College Admissions Case

By Jack Newsham | October 3, 2019

Caplan, whose lawyers had asked a federal judge to sentence him to no time behind bars, will serve one month in prison.

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Litigation Daily

Ex-Willkie Co-Chair Gordon Caplan Gets One Month Prison Term in College Admissions Case

By Christine Simmons | October 3, 2019

Caplan, whose lawyers had asked a federal judge to spare him any time behind bars, will serve one month in prison.

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New York Law Journal

Ex-Willkie Co-Chair Gordon Caplan Gets Prison Term in College Admissions Case

By Jack Newsham | October 3, 2019

Caplan, whose lawyers had asked a federal judge to spare him any time behind bars, will serve one month in prison.

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The Recorder

Manatt Nabs McDermott's LA Litigation Lead

By Xiumei Dong | October 2, 2019

After 16 years at McDermott Will & Emery, litigator Charles Weir has left the firm to join Manatt, Phelps & Phillips.

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The American Lawyer

Q&A: How Covington & Burling's Pipeline Fueled a Diverse New Partner Class

By Patrick Smith | October 2, 2019

The firm feels it has succeeded in an area where many others find frustrating outcomes.

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National Law Journal

Hunton Snags Baker McKenzie Cartel Pro to Lead Investigations Team

By Ryan Lovelace | October 2, 2019

Craig Lee, a 13-year Justice Department veteran, was most recently head of the global cartel task force at Baker McKenzie.

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Pro Mid Market

Midsize Moves: A Carolina Cybersecurity Pro, a Government Contracts Attorney in DC

By Aleeza Furman | October 2, 2019

Robinson Bradshaw adds a former assistant U.S. attorney in the cyber unit of the U.S. Attorney's Office, Miller & Chevalier adds a government contracts counselor and litigator, and other midsize moves.

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National Law Journal

Barnes & Thornburg Recruits Sports Vets for New Athletics Practice

By Ryan Lovelace | October 2, 2019

As collegiate players look to build their market power, the firm is looking beyond Big Law to capture new business in the sports world.

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The Legal Intelligencer

Buchanan Nabs Stradley Partner as New White-Collar Practice Chair

By Lizzy McLellan | October 2, 2019

In his third lateral move in seven years, Engle joined Buchanan Ingersoll & Rooney on Monday.

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Litigation Daily

DLA Piper's Co-Managing Partner in Silicon Valley Accused of Sexual Assault in EEOC Claim, Open Letter

By Dan Packel | October 2, 2019

Partner Vanina Guerrero alleges that after Louis Lehot, the co-managing partner of the DLA's Silicon Valley office, recruited her to the firm in 2018, he forced himself on her and engaged in other inappropriate conduct that the firm is forcing her to litigate in secret.

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