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Legal News

The AM Law Daily

Daily legal news from American Lawyer magazine.
By American Lawyer

Post Frequency: 9.5/day

Last Entry: March 30, 2011 at 21:00:00

Latham Advises on Carlyle Group's $5 Billion Shipping Joint Venture

Posted on March 14, 2011
Latham & Watkins advises on the massive private equity venture created to tap into Asia's growing shipping demand.

Yoss LLP to Dissolve

Posted on March 14, 2011
Yoss LLP, which was the largest certified minority-owned U.S. law firm, is set to dissolve at the end of the month, sibling publication Daily Business Review reports.

The Careerist: Take This Job And...

Posted on March 14, 2011
The art of quitting.

Oklahoma City Firms Announce Sooner State Merger

Posted on March 14, 2011
Crowe & Dunlevy and Day, Edwards, Propester & Christensen announced on Monday that they would combine operations to create a 140-lawyer firm that will be one of the largest firms in Oklahoma.

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Howrey's Houston Head Speaks as More Partners Find New Homes

Posted on March 14, 2011
The soon-to-be-former managing partner of Howrey's Houston office, Stephen Cagle, is talking about the 45 lawyers joining Winston & Strawn on March 16. Plus: Dewey & LeBoeuf and Seyfarth Shaw add Howrey antitrust and construction litigation partners.

Five Firms Take Lead on $4.4 Billion Tognum Takeover

Posted on March 14, 2011
Latham & Watkins, Sullivan & Cromwell, German giant Hengeler Mueller, and British firms Freshfields and Eversheds, advise on the proposed takeover of diesel engine maker Tognum by a Daimler-Rolls-Royce joint venture.

Nine Lawyers Quit DLA's Australian Merger Partner

Posted on March 14, 2011
Nine lawyers are leaving DLA Piper's Australian alliance partner, less than two months before the firms' merger is set to close, Legal Week reports.

Jones Day Advises Lubrizol in $9 Billion Acquisition by Berkshire Hathaway

Posted on March 14, 2011
Berkshire turns to longtime counsel Munger, Tolles & Olson, as Warren Buffett's investment firm makes one of its largest acquisitions ever.

Blockbuster Avoids Liquidation, Bankruptcy Judge Approves Plan for Auction Sale

Posted on March 12, 2011
Blockbuster Inc., with bankruptcy counsel from Weil Gotshal, averted immediate liquidation Thursday as a Manhattan federal bankruptcy judge approved a deal for the Dallas-based movie rental chain to be sold at auction.

Q&A: Law Firm Lease Expert on Finding That New Location

Posted on March 12, 2011
Chris Murray, the newly appointed head of the law firm practice group at commercial real estate services firm Jones Lang LaSalle, discusses what large law firms are looking for in office space today.

The Score: NFL Players Decertify and Greenberg Out as Rangers Owner

Posted on March 12, 2011
The end of the week saw a pair of major sports law developments, with collective bargaining talks between the National Football League and its players' union breaking down and the Texas Rangers' new ownership team breaking up.

Tokyo Lawyers Stranded at Offices in Aftermath of 8.9 Magnitude Quake

Posted on March 11, 2011
Lawyers at major international and domestic firms describe the scene in Tokyo hours after the powerful earthquake that originated 80 miles offshore of northeastern Japan struck.

Dealmaker of the Week: Kenneth Siegel of Morrison & Foerster

Posted on March 11, 2011
Siegel, a Tokyo-based M&A partner, led a team for Morrison & Foerster that advised Hitachi, Ltd. on the $4.3 billion sale of that company's hard-disk drive business.

Signs of a Rebound?

Posted on March 11, 2011
Law firm profitability increased a bit in 2010, due mostly to cost cutting, according to the latest report from Citi Private Bank's Law Firm Group.

Special Counsel: Wilson Sonsini, Morris Nichols Acted Appropriately in Nighthawk Matter

Posted on March 11, 2011
The lawyers whose settlement of a class action suit arising from the $170 million merger of Nighthawk Radiology and Virtual Radiologic Corporation prompted questions of "forum shopping" and "collusive" behavior from Delaware Vice-Chancellor J. Travis Laster did nothing inappropriate, a special counsel concluded in a report released Friday...

The Churn: Lateral Moves and Promotions in The Am Law 200

Posted on March 11, 2011
Alston & Bird adds two partners; a California Supreme Court judge joins Irell & Manella; and Zuckerman Spaeder brings in five attorneys in Baltimore. The Churn is constant. Please send all announcements and news releases to thechurn@alm.com.

More Howrey Partners Moving Ahead of Dissolution

Posted on March 11, 2011
Covington & Burling has hired two former Howrey practice chairs, and Arnold & Porter is bringing on a 13-lawyer IP litigation team. A former Howrey associate, who was promoted to partner at the soon-to-be-defunct firm in January, also has landed on his feet.

The Careerist: Three Things You Shouldn't Do

Posted on March 11, 2011
Cautionary tales from recent news reports about lawyers in trouble.

Former Linklaters Managing Partner Joins SJ Berwin

Posted on March 11, 2011
The firm moves on from the end of its merger discussions with Proskauer with the surprising hire of Tony Angel.

Ropes, Latham Brew Up a Green Mountain-Starbucks Licensing Deal

Posted on March 10, 2011
The companies have struck a deal that allows Green Mountain to distribute Starbucks Corporation's coffee and teas for use in its Keurig single-serve brewing system.

Galleon Founder Traded on Public Information, Trial Lawyer Says

Posted on March 10, 2011
Government witnesses are "trying to save their own skins," said Akin Gump's John Dowd in opening arguments Wednesday in the insider trading trial of his client, hedge fund manager Raj Rajaratnam. Dowd has vowed to hit prosecutors' charges "head on...

Am Law 200 Firms Turn Up Dial on $2.5 Billion Radio Deal

Posted on March 10, 2011
Weil, Gotshal & Manges, Jones Day, Dickstein Shapiro, and several other Am Law 200 firms are advising on a deal that will have ramifications for the future of the radio business in the U.S.

Boutique Investment Bank Hires Retired Skadden Partner

Posted on March 10, 2011
Nick Saggese, the former cochair of the private equity practice at Skadden, Arps, Slate, Meagher & Flom, has joined Moelis & Company as a senior adviser.

A Cleansing Look at Law Firm Marketing and Messaging

Posted on March 09, 2011
From Bacon Bits to Pretty Woman to the importance of promises kept, one general counsel has his say.

Baker & McKenzie Has the Spirit in $238 Million Wine Deal

Posted on March 09, 2011
The firm advised Chilean wine company Vi�a Concha y Toro S.A. on its acquisition of a portfolio of wine brands in California. Pillsbury advised the seller, Louisville-based wine and spirits company Brown-Forman Corporation.

Howrey to Dissolve Effective March 15

Posted on March 09, 2011
Partners at Howrey voted Wednesday to dissolve the existing partnership, effective March 15, the firm announced late Wednesday. Latham & Watkins has been hired to advise Howrey on its wind-down efforts. Details of the partnership vote emerged late Wednesday in conversations with current Howrey partners.