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Gordon & Rees Managing Partner Steps Down
After eight years at the helm of Gordon & Rees, managing partner Michael Lucey has passed the torch to litigation partner Dion Cominos. Selected by a unanimous vote of the partnership, Cominos will remain head of the business litigation group for Northern California until a replacement is named. As managing partner, he will oversee some 300 lawyers in 13 cities nationwide and see the firm through expansion in such likely areas as intellectual property, drug and medical devices, and employment.Sidley Austin to Open Office in Australia
Sidley Austin is opening an office in Sydney, Australia on May 1. The expansion could be more accurately described as a lateral pickoff. Robert Meyers, currently managing partner of Pillsbury Winthrop Shaw Pittman's Sydney office, will join the firm as partner, bringing four associates and a bevy of clients involved with cross-border mergers and acquisitions and structured finance transactions.Corporate Trio Joins Reed Smith in L.A.
Reed Smith has taken on three new Southern California corporate lawyers, the firm announced Monday. Irell & Manella partner Ken Ikari and O'Melveny & Myers counsel Susan Alker are joining the firm's Los Angeles office as partners, and Alschuler Grossman partner Ramsey Hanna is joining the Century City office as counsel. All three lawyers said Reed Smith's national and international platform -- the firm has more than 1,500 lawyers in 21 offices around the world -- was one of the big attractions.Linklaters Matches Rivals With 18 Percent Growth
Linklaters has become the latest U.K. firm to report double-digit growth for the first half of the financial year, with revenues at the London giant growing by almost a fifth. Fee income rose by 18 percent over the six-month period to hit �633 million ($1.3 billion), up from �536 million ($1.1 billion) for the equivalent period last year. The 18 percent increase in turnover puts the firm in line with Magic Circle rivals Clifford Chance and Freshfields Bruckhaus Deringer.V&E Raises Associate Salaries in Texas and D.C.
Vinson & Elkins this week became the first Texas-based firm to increase Texas associate salaries to match the raises doled out by New York-based firms. The firm also raised salaries in its Washington, D.C., office. Starting in their third year, however, V&E associates will be ineligible for a portion of the raises unless they work 2,000 hours. Managing partner Joe Dilg says the novel pay structure is the result of input by associates, who didn't necessarily want the pressure linked to the New York market.View more book results for the query "*"
Dewey Ballantine and Orrick Move Closer to Merger
New York's Dewey Ballantine and San Francisco's Orrick, Herrington & Sutcliffe have taken another step toward completing a merger. According to a statement, the management and executive committees at both firms have announced to their respective partners that they intend to recommend approving the combination. A full partnership vote at both firms is expected before the end of the year. The combined firm would have 1,500 lawyers in 21 offices around the world and revenues of more than $1 billion.Lovells Hires White & Case Finance Partner for Hong Kong Office
Lovells has moved to boost its Chinese banking practice, hiring for its Hong Kong location Fred Chang, who will join as a partner from White & Case's Beijing office on Feb. 7. Chang came to White & Case in 2006 from Chinese practice King & Wood. Notably, he advised on the $1.9 billion initial public offering of Chinese property developer Country Garden on the Hong Kong stock exchange last year.DLA Piper Aims for Shorter Name for Stronger Brand
DLA Piper Rudnick Gray Cary, the world's second-largest firm, is expected to announce next month that it's taking a new, shorter name after a wave of mergers in the past seven years brought together practices in the U.S., Europe and Asia. "Right now, the firm name is not that manageable," says Louis Cohen, managing partner of the Chicago office. The firm feels that spending on the marketing strategy will build on the legacy of the individual firms while creating a new vision for the consolidated entity.Cadwalader Bolsters Private Equity Group
Cadwalader, Wickersham & Taft has added two partners to its private equity practice. Stewart A. Kagan is joining from Akin, Gump, Strauss, Hauer & Feld, and Geoffrey W. Levin is joining from Kirkland & Ellis. Cadwalader has been making a major push into private equity. In February, it recruited as head of its practice R. Ronald Hopkinson, the former private equity chief at Latham & Watkins.Trending Stories
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