January 29, 2010 6:29 PM

As Temperature Rises on Climate Talk, Four Alston Partners Seek Their Own Change

An uptick in climate change litigation and the SEC's impending release of new disclosure rules on climate change risks has presented four partners from Alston & Bird with a new opportunity. The lawyers have launched a new firm dedicated solely to environmental, energy, and climate change issues.

01/29/10 Posted by Brian Baxter

What's Up with Kirkland's Revolving Door?

Star patent litigator John Desmarais this week announced he is giving up his partner title to become of counsel at the firm while launching a patent licensing company. Desmarais's move comes on the heels of last week's announcement that star litigator David Bernick is headed to Philip Morris International. The week before that, IP litigator Peter Armenio left to cochair Quinn Emanuel's global life sciences practice. Is it just us, or is a pattern emerging?

01/29/10 Posted by Ross Todd

S&C Can Breathe Easier in WaMu Case...for Now

A judge denied WaMu's request to subpoena documents from a host of entities, including Sullivan & Cromwell.

01/29/10 Posted by Zach Lowe

Review: The Deep End is Shallow and in Need of a Dialogue Coach

We watched two episodes of ABC's new prime-time legal drama The Deep End and somehow survived to give you our verdict.

01/29/10 Posted by Brian Baxter

Deep into the Lehman-Barclays Dispute

Boies Schiller filed thousands of pages early today contending that Barclays did not get a secret sweetheart deal when it purchased Lehman Brothers' North American assets during the height of the economic crisis.

01/29/10 Posted by Zach Lowe

THE AM LAW 100: Hughes Hubbard's Revenue, Profits Spike

Hughes Hubbard & Reed reported 10 percent increases in gross revenue and profits per partner for 2009, thanks to its work on the Lehman bankruptcy and a strong product liability practice.

01/29/10 Posted by Vivia Chen

THE AM LAW 100: Paul Weiss Reports "Most Profitable Year in Firm's History"

"The last quarter of 2009 was the busiest period in our firm's history," says firm chair Brad Karp. Profits per equity partners hit $2.69 million, while gross revenue slipped to $665.5 million.

01/29/10 Posted by Vivia Chen

THE AM LAW 100: Gross Revenue, Profits Down at Goodwin Procter

The Boston-based firm's gross revenue fell 4 percent to $658 million in 2009. Revenue per lawyer was off 7.5 percent to $788,000, while profits per partner fell nearly 3 percent to $1.27 million. 

01/29/10 Posted by Ross Todd

History Rhymes

What can the legal summer associate recruitment market learn from the experiences of the medical internship recruitment market six decades before? And what is likely to happen if a proposal by a commission established by NALP that all law firms move to a common offer date in January for 2L recruiting is implemented?

01/29/10 Posted by Ed Shanahan

Latham Raids White & Case's London Banking Practice

In a major lateral move, four highly regarded banking and capital markets partners at White & Case in London are leaving the firm for Latham & Watkins.

01/29/10 Posted by Brian Baxter