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Ropes & Gray to Open Tokyo Office
Ropes & Gray plans to open its first international office in Tokyo this fall with two intellectual property partners and two associates who are fluent in Japanese. Patricia Martone, the New York-based co-head of Ropes' international practice group, said the office would support Japanese clients and U.S. and European companies with offices in Japan. The Tokyo office will initially focus on intellectual property litigation and private equity work, Martone said.Hunton & Williams, Holland & Knight Make Miami Additions
Walfrido "Wally" Martinez is rejoining Hunton & Williams as managing partner effective March 1. He will maintain offices in Miami, New York and Richmond, Va. Martinez was a Holland & Knight partner in Miami before joining Hunton & Williams the first time. Also, Martin H. Cohn is joining Holland & Knight as chief marketing officer effective March 6. He'll head a 34-member department.Blank Rome Bumps Up Its First-Year Salaries
Blank Rome has increased its starting salary for first-year associates. Philadelphia first-years' pay will go from $115,000 to $125,000, while first-year associates in the firm's New York and Washington, D.C., offices will now make $135,000 to start. Dechert increased its starting salary last week to $135,000 as well. And Ballard Spahr Andrews & Ingersoll recently announced it was bumping pay up to $125,000 effective March 1.BlackBerry Deal Serves Up $200M Payout for Wiley
When NTP inked its $612.5 million settlement with RIM, lawyers at Wiley Rein & Fielding let out a collective sigh of relief. The deal ends months of uncertainty over whether RIM's popular BlackBerry device would be shut down indefinitely. Wiley is expected to reap more than one-third of the settlement in the case, which the firm took on contingency. The payout of more than $200 million plus expenses -- the largest single payout in the firm's 23-year history -- is more than Wiley's annual revenue.Thacher Proffitt Fires Second Associate After Insider-Trading Scheme
Thacher Proffitt & Wood has terminated an associate who agreed to pay $42,000 in civil penalties after the Securities and Exchange Commission accused him of insider trading. The SEC alleged that the attorney, Young Kim, who joined the firm in 1998, received information from another firm associate, Amir Rosenthal, who pleaded guilty last week to insider trading and faces five years in prison. Neither attorney was accused of using firm information. Kim was terminated from Thacher Proffitt on Friday.View more book results for the query "*"
U.K.'s Allen & Overy Expands Middle East Presence
London's Allen & Overy plans to strengthen its presence in the Gulf region by opening an office in September in Abu Dhabi, the capital of the United Arab Emirates. One of the first international law firms to establish a presence in the Middle East, Allen & Overy is also due to open an office in Saudi Arabia next month.Kirkland & Ellis Loses a Top Rainmaker
James Sprayregen, the attorney who led United Airlines through its bankruptcy, is leaving Kirkland & Ellis to join Goldman Sachs Group in early July. Sprayregen has been with Kirkland & Ellis since 1990 and has spearheaded several high-profile bankruptcies: He performed $3.45 million worth of services in the United case alone. "No mistake about it, it's a big blow to Kirkland," says a Greenberg Traurig attorney. "He was one of its top three or four rainmakers."Thelen Reid Disputes Award for Ex-Partner
Thelen Reid Brown Raysman & Steiner has asked a judge to throw out an arbitration award granted to former partner Lee A. Goldberg, whom the firm claims failed to drum up enough business for its intellectual property practice. Attorneys for Thelen Reid allege that the arbitrator's decision was based on an irrational construction of the agreement and that the attorney fees award to Goldberg exceeded the arbitrator's power.California Bill Seeks to Curb Class Actions
Tort reformers have recruited a conservative Democrat to carry legislation that would rewrite California class action law to aid defendants. AB 1505, introduced by state Assemblywoman Nicole Parra, D-Hanford, would allow defendants as well as plaintiffs to appeal a court's class certification decision. Defendants, with court permission, would also be allowed to contact each class member to offer a pre-trial settlement. And class proponents would be required to pick up the tab for notifying class members.Trending Stories
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