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Chicago Lateral Market Is Reaching a Fever Pitch
While there are typically some lateral moves early in the year after attorneys get their year-end bonuses, the changes in Chicago this year are at a higher pitch, say attorneys and recruiters, who attribute the exceptional flow to openings of new firm offices in the city, industry merger mania, growth by some firms and the dissolution of smaller ones amid increased competition. "These are some of the best opportunities we've seen in this city in years," says one recruiter.
Dechert Bolsters Restructuring Group With 2 Partners From Goodwin Procter
Dechert on Monday added two restructuring partners from Goodwin Procter, including the co-head of that firm's practice. Allan S. Brilliant and Craig P. Druehl joined Dechert in an effort to enhance the firm's New York business restructuring and reorganization capabilities. In the last two years, the pair have represented ad hoc bondholder groups in the CIT Group Funding Co., Builders First Source and Motor Coach Industries bankruptcies.Wolf Block Expands IP Practice in N.Y.
Wolf Block Schorr & Solis-Cohen has expanded its intellectual property practice in New York with the addition of five attorneys from the Manhattan-based boutique Steinberg & Raskin. Wolf Block Chairman Mark L. Alderman said the group would supplement the firm's pre-existing patent prosecution and copyright and trademark capabilities while adding the patent litigation link that was missing in the New York office.
Law Profs Win $5 Mil. Defamation Verdict Against West
West Publishing was hit with a verdict of more than $5.1 million in a defamation suit brought by two law professors who claimed their reputations were damaged when West falsely identified them as the authors of a poorly researched treatise update.Calif.'s Biggest Firms Receive Poor Marks for Minority Hiring
The grades are in on workforce diversity, and if this were school, the state's largest law firms would barely be passing.Allen & Overy, Wachtell on $1.8 Billion GE Sell-Off
Allen & Overy landed the lead advisory role for General Electric on the $1.8 billion sale of GE's fire alarm and security unit to Hartford, Conn.-based United Technologies, the conglomerate that makes Sikorsky helicopters, Carrier air conditioners and other big-name items. Wachtell, Lipton, Rosen & Katz advised UTC on the deal, says a UTC spokesman. GE sold its homeland security branch to the French company Safran earlier this year, and is reportedly close to selling its stake in NBC Universal to Comcast.Lawyers Find Real Revenue in Virtual World
Lawyers in the online virtual world Second Life act like lawyers, but they practice law through an alter ego, a digital character called an avatar, with virtual clients that have real legal problems like landlord-tenant, contract and intellectual property issues.Trending Stories
- 1Bolstering Southern California Presence, Sidley Austin Settles Into Revitalized Downtown LA Office
- 2Judge Orders Prosecution to Destroy Copies of Notes Found in Sean Combs' Prison Cell
- 3BIT Mining Bribery Scandal Highlights Trump-Biden Enforcement Gap
- 4AI Startup Founder Defrauded Investors of Millions, US Prosecutors Say
- 5Cyberattacks Slowing Down M&A Deals, Firm Report Finds
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