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Troutman Sanders Raises Associate Salaries
In New York and Newark, N.J., Troutman Sanders has matched the $160,000 starting salary posted by Simpson Thacher & Bartlett and other firms that sparked a wave of pay hikes. Troutman's chairman and managing partner, Robert W. Webb Jr., said the firm would also raise starting associate salaries to $145,000 in its offices in Washington, D.C., and nearby Tysons Corner, Va. He added that starting associates in Richmond, Va., and Raleigh, N.C., would get $125,000.Perkins Coie Chooses Shanghai's Tech District for New China Office
Perkins Coie is opening an office in Shanghai's Zhangjiang Hi-Tech Park, an area some describe as the Chinese Silicon Valley -- and an atypical location for U.S.-based firms wanting to set up shop in that city. The new office is Perkins' second in China; the other is in Beijing.Clifford Chance Lands Key EADS Role
Clifford Chance is advising European aerospace and defense company EADS on proceedings brought against the company and some of its directors by France's Autorite des Marches Financiers for breach of market information duties and for breach of insider trading rules. The Magic Circle firm's role emerged Tuesday after the AMF -- the French equivalent of the SEC -- confirmed it would launch a formal action against the company and some of its current and former executives following an 18-month investigation.Annual Survey Grants Bragging Rights to Large Firms
New York firms dominate the top 10 in a list of the 100 law firms considered by associates to be the most prestigious. Although the career-oriented Vault Web site says the rankings aren't about profit, size or number of deals, one associate says the survey does matter, for internal morale, recruiting and clients. And while New York-based Wachtell, Lipton, Rosen & Katz took first place, two firms from other states also made it to the top 10.Nixon Peabody Goes Green to Win Clients
Nixon Peabody's San Francisco office has gone green. Among the changes, the law firm's four new levels use energy-saving lighting and flooring made from aging unproductive walnut trees. "I thought it was going to cost an arm and leg," but it didn't, says San Francisco managing partner Paul Schrier. The timing was right, too, since Nixon's green practice is ramping up: The firm was selected for a job since the client felt Nixon's "clean-tech" practice is consistent with what the client is doing.View more book results for the query "*"
Howrey Opens N.Y. Office With Acquisition of Litigation Boutique
Washington, D.C.'s Howrey has opened a New York office with the acquisition of litigation boutique Engel McCarney & Kenney. The office will be led by partners Thomas Engel and James McCarney and will include six associates. The 600-lawyer Howrey also announced last week that it was opening an office in Munich, Germany.Cadwalader Antitrust Group Joins Skadden Arps
Skadden, Arps, Slate, Meagher & Flom has recruited top antitrust lawyer Steven Sunshine and most of his practice from Cadwalader, Wickersham & Taft. Sunshine is making the move with two other partners, Jessica Biggio and Matthew Hendrickson, though Hendrickson, who only became a partner at the beginning of the year, will be a counsel at Skadden. A number of associates are also expected to join Skadden from Cadwalader in the coming weeks.Dewey in Talks With Italian Firm
In the wake of failed merger talks with West Coast powerhouse Orrick, Herrington & Sutcliffe, New York�s Dewey Ballantine is said to be in talks with Galgano, a Bologna, Italy-based law firm. Though a definitive deal has yet to be hammered out, the firms are negotiating to establish some sort of "collaboration," part of which could include Dewey taking about 20 lawyers from the Italian firm, a Dewey source says.N.Y. AG's Office Objects to Grasso's Request for New Judge
The New York AG's office has filed an objection to former New York Stock Exchange Chairman Richard A. Grasso's request that Manhattan Supreme Court Justice Charles Edward Ramos recuse himself from presiding over the government's excessive pay lawsuit against Grasso. Said the government in its affidavit: "Grasso may have been permitted to treat the New York Stock Exchange as a fiefdom for his personal enrichment ... but he cannot be permitted to pick and choose the judge who will preside over his trial."Steven Seagal Sues Loeb & Loeb for Fees
Actor Steven Seagal is suing his former law firm Loeb & Loeb for charging excessive fees, according to paperwork filed in Los Angeles Superior Court. Seagal hired Loeb & Loeb in April 2002 to represent him when he appeared as a witness before a federal grand jury and in the subsequent criminal trial of his former business associate, Julius Nasso. Loeb & Loeb charged Seagal nearly $1.1 million for its services. In July 2003, after paying about $500,000, Seagal became skeptical of the amount.Trending Stories
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