THE AM LAW DAILY

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The Score

January 27, 2012 5:18 PM

The Am Law 100, The Early Numbers Revenue: Revenue, Profits Surge at Quinn Emanuel

The litigators at Quinn Emanuel Urquhart & Sullivan Quinn saw the firm's gross revenue rise more than 30 percent last year, to just over $732 million. Profits per equity partner, meanwhile, jumped nearly 15 percent, to $4.16 million, according to an announcement issued by the firm Friday.

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01/27/12 Posted by Irene Plagianos

The Firms

Edwards Wildman Hits Back at Allegations Over Managing Partner's Affair

Edwards Wildman Palmer has responded to a salacious suit filed earlier this month in which two former partners accuse the Am Law 100 firm's soon-to-be-former managing partner Walter Reed of putting his amorous pursuits ahead of the firm's interests in negotiating a merger last year.

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01/27/12 Posted by Brian Baxter

The Firms

Bankrupt Howrey May be Off Hispanic Farmers' Suits, But Ex-Firm Lawyer Vows to Soldier On

With the defunct firm exiting litigation that accuses the federal government of discriminatory lending, some of the affected plaintiffs are asking the judge overseeing Howrey's bankruptcy to ensure they aren't simply abandoned. What they apparently don't know is that their legal team is in fact still on the case.

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01/27/12 Posted by Sara Randazzo

The Talent

The Ultimate Lateral Hire

Among 2011's noteworthy lateral big law hires, one—and his new firm—stand out as symbols of the profession's transformation.

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01/27/12 Posted by Steven Harper

The Work

January 26, 2012 7:17 PM

The Bankruptcy Files: Europe, Energy, and Beyond Oblivion

As negotiations aimed at addressing the Greek debt crisis begin anew, many turnaround professionals are eyeing Europe for the next wave of corporate restructurings. Closer to home, Skadden, Reed Smith, Paul Weiss, Duane Morris, and Cooley have landed roles on the latest round of notable bankruptcies.

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01/26/12 Posted by Brian Baxter

The Work

U.K. Firms Take Roles in Costa Concordia Disaster

Herbert Smith and Norton Rose are among the firms landing roles advising cruise ship operator Carnival, while Irwin Mitchell is representing a group of Costa Concordia survivors. Two Manhattan-based plaintiffs firms, meanwhile, say they plan to file suit in Miami on behalf of victims. 

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01/26/12 Posted by Tom Huddleston Jr.

The Work

Amgen, Celgene Drug Acquisitions Keep Am Law Firms Busy

Amgen agreed to pay about $1.2 billion to acquire anticancer drug developer Micromet, while Celgene said that it is buying Avila Therapeutics for as much as $925 million. The deals landed work for S&C, Clifford Chance, Cooley, Dechert, and Goodwin Procter.

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01/26/12 Posted by Tom Huddleston Jr.

The Talent

The Careerist: Too Old for Law School?

People usually ask me about how to get out of law. But today a middle-aged reader asks if it's too late for her to get into the game.

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01/26/12 Posted by Vivia Chen

The Work

S&C, Skadden, Simpson Thacher, Wachtell Among Last Year's M&A Leaders

A review of three separate 2011 M&A rankings of legal advisers finds that the usual suspects once again led the way when it comes to which law firms were the most active in counseling corporate clients on cross-border deals, buyouts, and other transactions.

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01/26/12 Posted by Brian Baxter

The Work

January 25, 2012 7:38 PM

Latham Advising US Airways on Possible AMR Bankruptcy Bid

US Airways Group, the fifth-largest airline in the country, has retained Latham & Watkins for a potential merger with the bankrupt parent of American Airlines.

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01/25/12 Posted by Brian Baxter

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