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May 16, 2017 | New York Law Journal

Weil's Fee Gutting in Iowa Leads to 'Bargain-Basement' Billing Concerns

There's a certain schadenfreude in seeing a global law firm with more than $1 billion in annual revenue taken down a peg by a judge in Des Moines. But the episode also raises concerns for lawyers who say it demonstrates a risk high-priced coastal law firms face when they go to court in smaller markets and could make Big Law practitioners wary of practicing in smaller cities.
21 minute read
May 12, 2017 | The American Lawyer

A Big Bank Goes Bust, and Big Law Gets Left With The Bill

In the largest U.S. bank failure since 2010, New Orleans-based First NBC Bank Holding Co. filed for Chapter 11 protection in its home city Thursday. The bank, which went public in 2013, saw two top Am Law 100 firms listed among its 20 largest unsecured creditors.
15 minute read
May 12, 2017 | The American Lawyer

A Big Bank Goes Bust, and Big Law Gets Left With The Bill

In the largest U.S. bank failure since 2010, New Orleans-based First NBC Bank Holding Co. filed for Chapter 11 protection in its home city Thursday. The bank, which went public in 2013, saw two top Am Law 100 firms listed among its 20 largest unsecured creditors.
16 minute read
May 10, 2017 | International Edition

Haiwen Adds Partner as Office Launches in Hong Kong

Former Cleary Gottlieb associate Max Hua joins alumni from Wilson Sonsini, Latham and Freshfields in the Chinese firm's latest branch.
14 minute read
May 10, 2017 | The American Lawyer

Haiwen Adds Partner as Office Launches in Hong Kong

Former Cleary Gottlieb associate Max Hua joins alumni from Wilson Sonsini, Latham and Freshfields in the Chinese firm's latest branch.
14 minute read
May 08, 2017 | International Edition

Morrison & Foerster Adds Private Funds Partner in Hong Kong

Former Debevoise & Plimpton associate Serena Tan has joined the firm's corporate practice.
27 minute read
May 08, 2017 | The American Lawyer

Morrison & Foerster Adds Private Funds Partner in Hong Kong

Former Debevoise & Plimpton associate Serena Tan has joined the firm's corporate practice.
2 minute read
May 05, 2017 | The American Lawyer

Proskauer Among Many Firms Drawn to Puerto Rico's Pseudo-Bankruptcy

In a move that could dwarf the massive municipal bankruptcy of Detroit, Puerto Rico indicated Wednesday that it would begin a bankruptcy-type process to restructure $70 billion in debt. Proskauer Rose, Quinn Emanuel, Kirkland & Ellis, Dentons and Cleary Gottlieb have been involved in the island's mounting debt crisis in recent years.
48 minute read
May 04, 2017 | Daily Business Review

Proskauer Among Many Firms Drawn to Puerto Rico's Pseudo-Bankruptcy

In a move that could dwarf the massive municipal bankruptcy of Detroit, Puerto Rico indicated Wednesday that it would begin a bankruptcy-type process to restructure $70 billion in debt. Proskauer Rose, Quinn Emanuel, Kirkland & Ellis, Dentons and Cleary Gottlieb have been involved in the island's mounting debt crisis in recent years.
48 minute read
May 03, 2017 | Daily Report Online

Eversheds Sutherland Lands M&A Partner—And Other 'On the Move' News

David Phillips has joined Eversheds Sutherland as a partner after a brief but eventful stint in-house, saying he was attracted by the newly-merged firm's mix of Atlanta roots and global reach.
65 minute read

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