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March 10, 2008 | National Law Journal

DLA Piper's European Offices See 60 Percent Surge in 2007 Revenues

DLA Piper's continental European offices saw turnover grow by 60 percent during 2006-07 to make up around a quarter of the firm's revenues outside of the U.S. Turnover in the offices grew by $87.85 million to hit $234.95 million during the last tax year, increasing their share of the firm's non-U.S. turnover from 19 percent to just over 25 percent. The firm's U.K. arm saw its turnover grow by $61.05 million to $625 million, making up 67 percent of the firm's international turnover of $927.6 million.
3 minute read
May 11, 2006 | National Law Journal

Veteran Attorney Offers Three Pearls of Wisdom

Having practiced criminal and civil litigation for almost 25 years, Zuckerman Spaeder partner Steven Salky has distilled what may be the three most important "pearls of wisdom" that he's gained during the past quarter-century, and he now offers them up for others' potential benefit. And although advice such as "relax and have fun" might initially sound too new age, Salky says a life outside the firm gives him better judgment skills.
4 minute read
September 25, 2007 | National Law Journal

Merger Deal Paves Way for Howrey's 2008 Spanish Debut

After agreeing to a deal to take over boutique Martinez Lage & Asociados, Howrey will launch in Spain next year. The merger, which was agreed to on Friday, will see Howrey and the three-partner Spanish outfit become financially integrated as of Jan. 1, 2008. Other U.S. firms to have targeted the region of late include Latham & Watkins, which launched offices in Madrid and Barcelona at the beginning of 2007.
1 minute read
April 23, 2007 | National Law Journal

O'Melveny Associate Gets Satisfaction Through Microloans

April Rinne has worked on M&A deals worth hundreds of millions of dollars as well as corporate financing for the likes of Citibank and McKesson. But the third-year O'Melveny & Myers associate also takes an interest in transactions worth a lot less: specifically, loans worth just hundreds of dollars made to small entrepreneurs in developing countries. And she's already built up a small cadre of corporate lawyers who do pro bono and some billable work for microfinance organizations and their investors.
2 minute read
February 14, 2007 | National Law Journal

Cozen O'Connor and Wolf Block End Merger Discussions

Cozen O'Connor and Wolf Block announced late Tuesday they would not continue their preliminary merger talks. "As with many merger discussions between major firms, business and structural differences made completing a transaction too difficult," the firms said in their joint statement. Said Cozen O'Connor Chairman Stephen A. Cozen in an interview, "it wasn't a question of not trying." The combined firm would have had more than 800 attorneys.
3 minute read
Law Journal Press | Digital Book Pennsylvania Causes of Action, 12th Edition Authors: GAETAN J. ALFANO, RONALD J. SHAFFER, JOSHUA C. COHAN View this Book

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September 07, 2007 | National Law Journal

Davis Polk Recruits Jeantet Chief for Renewed Paris Push

Davis Polk & Wardwell has recruited Georges Terrier, the managing partner of respected Paris independent firm Jeantet, along with partner Christophe Perchet, as the Wall Street leader boosts its only foreign law practice. The hires will be seen as a significant move in the market after Davis Polk launched its first foreign law office in 2005 with the hire of Freshfields' co-head of local M&A, Arnaud Peres. The latest hires suggest U.S. firms may be gearing up for a renewed period of recruitment.
2 minute read
August 16, 2007 | National Law Journal

Baker & McKenzie's Profits per Partner Top $1 Million Mark

Baker & McKenzie, the world's largest law firm, is set to announce today that it grossed $1.83 billion in its 2007 fiscal year -- a 20 percent increase in revenue. The firm will also report that, for the first time, its profits per partner were over the $1 million mark, up 22 percent from the year before. Chairman John Conroy attributed the results to a strategic plan the 3,600-lawyer firm adopted three years ago.
2 minute read
March 11, 2008 | National Law Journal

Allen and Goetz to Exit White & Case's London Office

Senior White & Case finance partners Mike Goetz and Maurice Allen are set to quit the firm's London office by March 14. Associates in the firm's London office were being informed of the impending departures Tuesday afternoon following a meeting of the firm's banking and capital markets group. The pair had been linked to a number of U.K. firms, though Freshfields Bruckhaus Deringer is seen as the front-runner to hire the pair amid reports that the Magic Circle firm is set for a partner vote on Friday.
2 minute read
July 27, 2006 | National Law Journal

Judge OKs More Northwest Labor Deals, Along With Attorney Fees

A bankruptcy judge on Wednesday approved two more concession agreements from Northwest Airlines employee unions, deals that could clear the way for nearly $750 million in cost savings from the carrier's new labor pacts. Flight attendants are scheduled to finish voting on the deal by Monday. The judge also approved payment of 80 percent of about $20 million in fees to attorneys and financial advisers. Cadwalader, Wickersham & Taft had filed the largest claim, of about $6.5 million for its work on the case.
3 minute read
February 23, 2006 | National Law Journal

Bingham Nabs Seven From Stradling Yocca

Bingham McCutchen has boosted its Southern California securities litigation practice with the addition of three partners and four associates from the Orange County office of Stradling Yocca Carlson & Rauth. Just last week, Bingham announced the arrival of three finance partners from Morrison & Foerster to the firm's New York and Los Angeles offices, bringing the lateral partner total for 2006 to six.
1 minute read

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