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February 11, 2009 |

Akerman shareholders flee as pay drops

Akerman Senterfitt has reported a dramatic 30 percent drop in its non-equity shareholders, capping off a difficult year marked by rapid turnover, the embarrassing collapse of a merger and the revelation that the firm missed its budget. Non-equity shareholders also suffered a 15 percent drop in pay. Firm chairman Andrew Smulian attributed most of the drop in non-equity partners to promotions to equity partnership. But Akerman also reported drop of more than 5 percent in its equity shareholder head count.
6 minute read
December 10, 2008 |

Akerman ends a sour year on a high note as lead counsel to a merger worth $11B. So, now what?

A highly complex merger project that kept some 100 lawyers at Akerman Senterfitt busy for a year finally ended Friday — unceremoniously. While no champagne was uncorked on Friday, "we're going to have a celebration soon," said Jonathan Awner, chairman of the firm's corporate group. The deal ended the year on a high point for Akerman, which had its share of difficulties and bad press during 2008.
3 minute read
June 16, 2010 |

Detroit firm leaves Palm Beach County as Akerman moves in

The 200-lawyer firm Butzel Long is ceding its Boca Raton and West Palm Beach offices - along with eight lawyers - to Akerman Senterfitt.
3 minute read
July 28, 2008 |

WolfBlock, Akerman march to altar

Shareholders at Philadelphia-based WolfBlock and Akerman Senterfitt could vote soon on a firm merger, but it's essentially a done deal, said several current and former Akerman shareholders. "Most of the partners are pretty enthusiastic about this," said a longtime Akerman partner in Miami. "I'm pretty sure it will happen."
2 minute read
August 11, 2008 |

Client conflicts delay merger of Akerman and WolfBlock

The planned merger between Akerman Senterfitt and WolfBlock has been delayed largely due to a conflict between two clients. The boards of both firms approved the merger, which has been in the works for months. Last month, it appeared a done deal. But, in a joint statement, the chairmen of both firms stated that "there are issues under continued discussion in this process and that, among them is a client conflict that cannot be discussed publicly because of client confidentiality." Insiders say the deal is on hold for at least 90 days.
2 minute read
January 11, 2008 |

Seven Shareholders Depart Akerman Amid Reports of Growing Pains

Seven Miami shareholders are leaving Akerman Senterfitt, and former and current firm lawyers say they're worried that more departures are on the way due to economic reasons and growing pains. Sources report that the firm trimmed partner pay at the end of last year, and that some associates were taking home more than some partners on a weekly basis due to holdbacks and capital contributions. Others indicated the firm has undergone haphazard growth in an attempt to gain a bigger geographic footprint.
6 minute read
June 25, 2009 |

Akerman Senterfit building its health care practice

With the political wrangling over health care reform heating up in Washington, Akerman Senterfitt has been beefing up its health care practice in recent weeks. The firm has added two shareholders and two of counsel to its health care team, plus a consultant. Practice chair Kirk Davis said that the additions are intended to help the firm deal not only with health care reform issues, but also with the health care fraud and other government investigations that are widespread in South Florida.
3 minute read
June 20, 2011 |

Top 3 firms see slight drops due to streamlining

Akerman Senterfitt was again the state's largest law firm by attorney head count with 373 Florida lawyers, followed by Greenberg Traurig and Holland & Knight.
2 minute read
August 11, 2011 |

BigLaw Opens in the Land of "Big Love"

1 minute read
February 04, 2008 |

IN BRIEF

Andrew Smulian was named the new chair of Akerman Senterfitt, a 420-lawyer Florida firm. Plus, other news briefs from The National Law Journal.
3 minute read

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