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Allen & Overy Signs Indian Referral Deal
Allen & Overy has entered into a referral relationship with Indian practice Trilegal. The non-exclusive agreement marks the first time the London-based firm has signed a referral agreement in India's coveted legal market. "Previously, the firm has referred clients to a number of different Indian firms but this is not in the clients' best interest," said Alex Pease, head of Allen & Overy's India group. Allen & Overy will also provide Trilegal with training and back-office support.Jenner & Block Moves Some Partners to Nonequity Status
Chicago-based Jenner & Block recently shifted about 10 equity partners to nonequity status, firm Chairman Anton Valukas confirmed Thursday. Valukas said "some very productive equity partners" have chosen to work as nonequity partners because it is less pressured -- though not all moves were voluntary, he added. "It is a more competitive business world than it was 10 or 15 years ago," he said. The firm shifted between 15 and 20 of its equity partners to nonequity status last year.Simpson Thacher to Open Beijing Office
Simpson Thacher & Bartlett has announced plans to open a Beijing office as it boosts its Asian presence with two lateral recruits: a capital markets partner from Shearman & Sterling and a former M&A partner from China's Fangda Partners. One of the most prestigious and profitable firms, Simpson Thacher has generally avoided lateral recruitment of partners but has made exceptions to boost specific practice areas or offices.Patent Trolls Play Key Role in Townsend Partner's IP Thriller
Townsend and Townsend and Crew partner Paul Haughey describes his first book as an intellectual property thriller, which explores so-called patent trolls' "abusive use of patents to extort money and hold up legitimate products." Whether "Undue Diligence" hits the best seller lists remains to be seen, but its topic is timely, as the Supreme Court reviews the circumstances under which injunctions are granted in patent cases, and the U.S. Patent and Trademark Office mulls rule changes to some practices.View more book results for the query "*"
Larry Sonsini's Secretary Charged With Stealing
Larry Sonsini's secretary of four months, Suzie Moy Yuen, was arrested last week on charges that she embezzled $1.4 million from a previous employer. Her arrest took place at Wilson Sonsini Goodrich & Rosati's Palo Alto, Calif., offices. A Wilson spokeswoman says the firm was surprised to learn of the allegations and emphasized that the charges "have nothing to do with the firm and its clients," adding that Wilson hired Yuen through an independent search firm, and a thorough background check was performed.Latham Lands Lead on Singapore's $9.7B UBS Deal
Latham & Watkins and Swiss leader Homburger have picked up the lead roles on the acquisition of a 9 percent stake in UBS by the investment arm of the government of Singapore -- a deal worth $9.7 billion. Latham is advising the sovereign wealth fund on the deal, fielding teams out of its Singapore and London offices, while Zurich-based Homburger is advising the Swiss banking giant. Local rival Niederer Kraft & Frey has also grabbed a slice of the action, advising the bidder on Swiss law issues.White & Case Litigator to Head ABA
White & Case international trade litigator Carolyn Lamm will become president of the 413,000-member association in August 2009 in the wake of being nominated last week at the ABA midyear convention in Los Angeles. Lamm says she will focus on boosting the ABA's membership and diversity, saying it's "unacceptable" that only 6 percent of solo and small-firm practitioners are ABA members and that young lawyers account for about a third. She also wants to reduce discrimination within the legal profession.Linklaters Transfers M&A Veteran to Wall Street Arm
Linklaters has strengthened its New York corporate practice after transferring high-profile M&A partner Nick Rees, who previously headed the firm's Asian corporate practice and its Moscow office. The top London law firm has been steadily building its New York office but, in common with its Magic Circle rivals, has so far failed to make serious inroads into corporate work in the United States.Merger Talks Between Bryan Cave and Squire Sanders Fizzle Out
Merger talks between St. Louis-based Bryan Cave and Cleveland-based Squire, Sanders & Dempsey have ended, representatives for the two megafirms confirmed late Wednesday afternoon, laying to rest rumors that have been swirling around the legal community since at least the end of 2005. If a deal had gone through, the new firm would have boasted some 1,600 attorneys.Trending Stories
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