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Townsend Launches New D.C. Office
San Francisco IP firm Townsend and Townsend and Crew is carving out its spot on the East Coast by focusing, at least initially, on patent prosecution and patent litigation. The 200-lawyer firm announced Monday that its new Washington, D.C., office will launch with lawyers from Kenyon & Kenyon and McGuireWoods. The goal is to grow the office to full service with at least a "couple dozen" attorneys to service clients on the East Coast and in Asia, according to Townsend Chairman James Gilliland Jr.IPO Pipeline Pumps Cash Into Coffers for Latham, Other Am Law 200 Firms
Latham & Watkins, Simpson Thacher, Davis Polk, and Fenwick & West are leading a pack of firms reaping the benefits from a recent round of initial public offerings that includes share sales for such companies as Fairway, SeaWorld, Taminco, and Taylor Morrison.MoFo Doesn't Back Down From Biotech Giant
In life, as well as in business, making a decision with a gun to your head rarely yields good results. Unless, of course, you maintain your cool, says Morrison & Foerster partner David Doyle. That's exactly how his client, the tiny San Diego-based biotech company Acon Laboratories, avoided a three-year bet-the-company patent infringement suit -- by instead sealing a $175 million deal.
Summary Judgment Papers Found Accessible by Media
In California Push, Mintz Levin Acquires Reed IP Law Group
Boston-based Mintz, Levin, Cohn, Ferris, Glovsky and Popeo wants to make a big push into California, and it's getting started with the acquisition of the Palo Alto-based Reed Intellectual Property Law Group. Dianne Reed and her three partners say they will merge their patent prosecution shop into the 450-lawyer firm as of May 1. Mintz is also working to hire groups in San Diego and Los Angeles. The acquisition comes as several Boston firms target the California market.
Firms Act to Keep Partners From Jumping Ship
Lateral movement of partners and practice groups has increased among big firms in recent months, and the growing trend has firms trying a variety of approaches to foster loyalty. Giving partners a vote in all "material initiatives" is critical, says one administrative partner: "If you all know where the ship is headed, you're more eager to get on the oars and take it there." But, as firms become larger and reflect a more corporate structure, issuing an oar to every partner seems to be getting tougher.
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