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Manhattan federal district court judge Shira Scheindlin channeled her inner Michiko Kakutani when she ripped apart a British book that allegedly served as inspiration for Harry Potter and the Goblet of Fire.
Locke Liddell Jumps on Associate Raise Bandwagon
Texas-based Locke Liddell & Sapp has raised the base salary scale for associates in all five of its offices -- Austin, Dallas, Houston, New Orleans and Washington, D.C. -- to the level announced last week by Baker Botts. The new annual base salary for a first-year at Locke Liddell is $140,000; bonuses have yet to be determined. Firms based in L.A. started the associate salary wars last fall, but the big-firm Texas market didn't jump into the fray until this month, with Vinson & Elkins' higher salaries.Latham, Gardere Grab Roles on BP's Gulf of Mexico Asset Sale
The London-based energy giant has agreed to sell some of its deepwater oil and gas assets in the Gulf of Mexico to Houston-based Plains Exploration and Production in a nearly $5.6 billion deal, landing lead roles for Latham & Watkins and Gardere Wynne Sewell. The sale is the latest in a string of major oil and gas transactions yielding work for corporate lawyers around the globe.The Bankruptcy Files: Sidley Tops $100 Million Mark in Tribune Case
Sidley Austin's work advising the Tribune Company through four years of Chapter 11 proceedings that ended last month have generated more than $100 million in fees and expenses for the firm. In addition to Sidley's fees, The Am Law Daily also catches up on the firms behind more recent filings for the likes of Big M, Edison Mission Energy, LodgeNet Interactive, and THQ.Trending Stories
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