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Sullivan, Skadden Emerge as Top U.S. Firms in European M&A
Sullivan & Cromwell and Skadden, Arps, Slate, Meagher & Flom have emerged as the top U.S. law firms in European M&A over the last three years, according to research produced for Legal Week that shows the pair have worked on the highest value of deals over the period. Sullivan ranked first in the value tables for U.K. and Europe, advising on 173 European deals worth a total value of $1.2 trillion since November 2004 and 60 deals worth a total of $357.5 billion in the U.K.$2.66 Billion Deal Creates Largest Private Chip Company
In-house lawyers at Agilent Technologies Inc. have been busy assisting in a major restructuring of the company. So, naturally they called on outside help to shepherd a sale that is expected to create the largest privately held computer-chip company in the world. Simpson Thacher & Bartlett was brought on to assist Agilent in selling its semiconductor products group for $2.66 billion to private equity firms Kohlberg, Kravis, Roberts & Co. and Silver Lake Partners.'NLJ 250' Shows Strong Law Firm Growth Continuing
The 250 largest law firms in the U.S. grew by 4 percent in 2006, a figure that was just shy of the prior year's gains, according to The National Law Journal's 29th annual survey. The results indicate a "healthy legal economy" spurred by strong mergers and acquisitions activity and big-ticket litigation, said one law firm consultant. And while law firms used to base their mergers on geography and size for size's sake, they now take a much more strategic approach, said another consultant.Number of intercepted shipments of counterfeit goods increases
Federal agencies bumped up seizures of knockoff shipments 24 percent last year as cell phones topped the list of infringing goods.A federal judge in Brooklyn agreed Thursday to certify classes of direct and indirect purchasers in a set of suits accusing four Chinese manufacturers of joining a cartel to fix prices for vitamin C. The litigation has drawn a rare U.S. court appearance by the Chinese government, which hired Sidley Austin to back the companies' defense.
Who are the International Arbitration Elite?
Where are the arbitration stars of the future, and which firms will they call home?Supreme Court Sets Standard for Punitive Damages Under Title VII
This paper reviews the Supreme Court's recent Kolstadopinion in which the Court lowered the bar for awards of punitive damages in Title VII cases, but simultaneously offered employers a defense to such awards if an employer can show that the discriminatory actions at issue were contrary to the employer's good-faith efforts to comply with Title VII. The paper explores the uncertainties litigants will face as courts struggle to apply this new punitive damages standard and defense.Lessons From a Large-Firm Partner Who Set Up His Own Shop
Many partners in large firms dream of chucking it all and setting up their own practice. However, many also fear that they need their firm's name recognition and resources. Mark Zimmett took the plunge more than 15 years ago, leaving Shearman & Sterling to hang his own shingle in New York. And he's lived to tell his tale. Zimmett says that with today's advances in legal technology and his donning of many hats, his four-attorney firm is able to take on the cases many associate with big firms.Trending Stories
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