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THE AM LAW DAILY

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The Firms

April 20, 2012 8:30 PM

Amid Bankruptcy Reports, Dewey Says It’s Eyeing All Options; Greenberg Confirms Possible Interest

The drama swirling around Dewey & LeBoeuf took a new turn Friday when Greenberg Traurig said it has had "preliminary discussions relating to lawyers at Dewey & LeBoeuf," but has "made no commitments" nor "reached agreements." The statement came on the heels of reports that Dewey leaders are considering a prepackaged bankruptcy plan in order to keep intact what remains of the rapidly shrinking firm.

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04/20/12 Posted by Brian Baxter

April 19, 2012 6:36 PM

As Partner Losses Near 70, Dewey's Troubles Spread Overseas

As the Dubai office packs up for Dechert and another New York partner leaves, attorneys in Dewey & LeBoeuf's Italy, Poland, and Russia offices attempt to combat rumors that they are also on the way out. Amid the swirl of problems, meanwhile, Dewey lawyers in the U.S. are still landing work—and even engaging in some political fund-raising.

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04/19/12 Posted by Sara Randazzo

Spring Office Openings on Tap for Several Firms

Dechert, Ogletree Deakins, Nelson Mullins, and British litigation shop Stewarts have all announced new offices within the past week, while Hogan Lovells continues to expand its presence in Asia through a network of alliances.

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04/19/12 Posted by Brian Baxter

April 17, 2012 11:27 AM

Dewey Losses Accelerate; Eight More New York Partners Head to the Exits

The latest round of departures includes a five-partner energy and infrastructure team jumping to Hunton & Williams, a litigator moving to Dorsey & Whitney, and two corporate and securities partners joining Pillsbury Winthrop Shaw Pittman.

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04/17/12 Posted by Sara Randazzo

April 16, 2012 8:21 PM

With St. Louis Firm Fading, Show Me State Rivals Eye Possible Hires

Gallop, Johnson & Neuman—a 36-year-old, midsize firm based in the St. Louis suburbs—is teetering on the brink of dissolution, and several regional Am Law 200 firms are considering scooping up laterals from the 54-lawyer shop.

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04/16/12 Posted by Brian Baxter

Latest Dewey Losses Span the Globe, Push 2012 Departure Figure Above 60

A Washington, D.C., partner heads to Cozen O'Connor, a pair of London-based private equity specialists plan to join McDermott Will & Emery; and a quartet in London and Dubai prepare to move to Dechert.

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04/16/12 Posted by Sara Randazzo

When It Comes to Billing, Latest Rate Report Shows the Rich Keep Getting Richer

A review of $7.6 billion in legal fees billed over a five-year period reveals, among other things, that the best-paid lawyers are the quickest to raise rates, that deep ties to a law firm can mean bigger bills for a client, and that using first-year associates can add up to 20 percent to the cost of a single legal matter.

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04/16/12 Posted by Sara Randazzo

April 13, 2012 2:06 PM

Retired Coudert Partners Lose Second Bid to Recover Unpaid Benefits

A Manhattan federal court judge dismissed a suit Thursday accusing Baker & McKenzie; Orrick, Herrington & Sutcliffe; and Dechert of conspiring with Coudert partners to buy firm assets for less than fair market value as the firm dissolved in late 2005, thereby allegedly shortchanging retired partners in the process.

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04/13/12 Posted by Sara Randazzo

April 11, 2012 7:47 PM

Kelley Drye Settlement with EEOC Provides a Cautionary Tale for Firms

An age discrimination suit over a Kelley Drye & Warren policy forcing partners to give up equity at age 70 may not have created any new case law, but experts say law firm partnerships should be on notice that if potentially discriminatory claims don't change, the Equal Employment Opportunity Commission could take action.

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04/11/12 Posted by Sara Randazzo

A Look at the Law Firms That Gave to Rick Santorum's Presidential Campaign

Rick Santorum, a former associate at a predecessor firm of K&L Gates, officially ended his campaign to become the Republican presidential nominee on Tuesday. Like most candidates for higher public office, the former senator from Pennsylvania counted on the support of lawyers from Am Law 200 firms in his quest to beat front-runner Mitt Romney in the Republican presidential primaries.

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04/11/12 Posted by Brian Baxter

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