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Legal News

The AM Law Daily 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

Recent Entries: 2659

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The Am Law 100: Detroit Firms Hang Tough in 2010

Posted on March 30, 2011
The Motor City may be suffering major population losses, but its largest law firms managed to hold the line financially last year after enduring a couple of turbulent years.

The Careerist: Harvard's Lonely Women

Posted on March 30, 2011
Jeannie Suk is the first Asian American female professor to be granted tenure at the top-ranked law school.

Two Top Howrey IP Litigators Find New Homes

Posted on March 30, 2011
Wilmer Cutler Pickering Hale and Dorr is adding former Howrey IP litigator Lloyd "Rusty" Day, Jr., in its Palo Alto office, while IP boutique Novak Druce + Quigg has hired former Howrey IP cochair Michael Bell in Washington, D.C.

Study Examines Factors in Discrimination Suits By Low-Wage Workers

Posted on March 30, 2011
Fewer resources, inflexible jobs, and less paid sick days are among the major contributors.

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Davis Polk Partner Weighing Singapore Office Run

Posted on March 30, 2011
Show-Mao Chen, Davis Polk's Beijing managing partner, is considering running for a parliamentary seat in Singapore for the opposition Workers' Party.

On Heels of Big First Quarter, Experts See M&A Boom Continuing

Posted on March 30, 2011
The first quarter of 2011 saw deal volume rise by 58 percent compared to the same period last year, according to preliminary data compiled by Thomson Reuters, while a separate survey finds experts predicting that growth in the mergers and acquisitions sector will continue throughout the year...

Skadden, S&C, and Cleary Advising on Valeant's $5.7 Billion Bid for Cephalon

Posted on March 30, 2011
Valeant Pharmaceuticals International unveiled a hostile $5.7 billion cash bid for U.S. drugmaker Cephalon on Tuesday.

U.K. Bribery Act To Finally Take Effect In July

Posted on March 30, 2011
New guidance gives companies--and the law firms that represent them--three months to prepare for what has been labeled the world's most draconian anticorruption law.

Suds Sale: S&C Advises Anheuser in Goose Island Acquisition

Posted on March 29, 2011
AB InBev's Anheuser-Busch will pay almost $39 million for the Chicago-based craft brewer. Sullivan & Cromwell and Greenberg Traurig are advising.

The Careerist: The Lawyer Profile

Posted on March 29, 2011
Are you self-critical and temperamental? Lousy on interpersonal sensitivity? Resistant to authority and skeptical of others? Could be the law is just the field for you.

GSI Going... Going... SOLD to eBay for $2.4 Billion

Posted on March 28, 2011
Dewey & LeBoeuf and Morgan Lewis are among the firms handling the deal, as the online auctioneer agrees to purchase marketing services company GSI Commerce.

The Careerist: Dealmaking or Litigating?

Posted on March 28, 2011
Advice for summer associates on choosing a practice area to focus on.

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

Posted on March 28, 2011
Five new partners join Holland & Knight; Baker Botts boosts its CFTC practice; and Venable hires a new head of its IP practice. The Churn is constant. Please send all announcements and news releases to thechurn@alm.com.

Kirkland Hires Ex-FTC Chief Muris from O'Melveny

Posted on March 28, 2011
Kirkland & Ellis is boosting its antitrust group to complement an increasing demand for merger and acquisition work.

Quinn Emanuel's Verhoeven, Google's Go-To Patent Litigator, Gets Busy For Droid Makers

Posted on March 28, 2011
The search giant--whose smartphone partners have been targeted in dozens of patent infringement actions connected to their use of the Android operating system--is  coming to the aid of those handset manufacturers with a powerful legal weapon.

British Firms Face Hurdles on the Road to Seoul

Posted on March 28, 2011
The European Union's passage of a free trade agreement with Korea could give U.K. firms a chance to open offices in Seoul before their American counterparts. But finding lawyers with the right credentials might not be easy.

Skadden, Wilson Sonsini Lead On $1.1 Billion Verigy Deal

Posted on March 28, 2011
West Coast lawyers combine with Japan, Singapore and Brussels for Advantest's acquisition of Verigy.

Willkie, Simpson Thacher Advise on $1 Billion Green Tree Takeover

Posted on March 28, 2011
Tampa-based REIT Walter Investment Management Corp. agreed to a deal worth more than $1 billion to acquire Green Tree Credit Solutions.

Linklaters Enlists Slaughter and May to Sue Former Italian Ally Firm

Posted on March 28, 2011
The Magic Circle firm goes after Italy's Gianni as Credit Suisse professional negligence dispute escalates.

Dealmakers of the Week: Joseph Frumkin and Eric Krautheimer of Sullivan & Cromwell

Posted on March 25, 2011
The partners led a team that advised AT&T in the year's largest M&A transaction, the $39 billion proposed purchase of T-Mobile USA from Deutsche Telekom.

Matheson Ormsby Prentice Expanding in New York, London

Posted on March 25, 2011
Ireland's largest firm will relocate two Dublin partners--corporate tax attorney John Ryan and corporate attorney Stanley Watson--to the firm's New York and London offices.

Former Ropes Partner Sues Firm Claiming Age, Sex Discrimination

Posted on March 25, 2011
Patricia Martone, now with Morrison & Foerster, filed her lawsuit in federal district court in Manhattan on Tuesday.

White & Case Boosts London Project Finance Practice With Linklaters Hire

Posted on March 25, 2011
Infrastructure and renewable energy specialist Caroline Miller Smith will join White & Case on April 6.

Copyright Enforcer Righthaven Stumbles in Litigation Campaign

Posted on March 25, 2011
A controversial copyright enforcer suffers what could be a major federal court setback on fair use when the judge ruled in a nonprofit's favor. But it also signs up an influential new partner.  

The University of Chicago's Big Leap Forward

Posted on March 25, 2011
A loan repayment program recently adopted by the Chicago's law school is a reasoned response to practical realities and a reminder that the law is a great calling.

Pharmacy-Related Deals Offer Healthy Dose of Work for Am Law Firms

Posted on March 24, 2011
Sidley Austin, Weil, and Wilson Sonsini are advising on Walgreens' $409 million purchase of Drugstore.com, while Jones Day and Willkie Farr have roles on a joint venture under which Procter & Gamble and Teva Pharmaceuticals will market over-the-counter medicines.

Heller Ehrman Settles With Bank of America, Citibank

Posted on March 24, 2011
More than two years after it went out of business, the defunct firm has won a multi-million dollar settlement from Bank of America and Citibank, with the banks agreeing to pay Heller's estate $20 million and waive claims against Heller's shareholders.

Defunct Firm Wolf Block Still Embroiled in Legal Disputes

Posted on March 24, 2011
Two years after dissolving, Philadelphia-based firm Wolf Block is still trying to collect money from former partners and clients and fend off lawsuits.

Gibson Dunn Hits 9,000 Pro Bono Hours in Day Laborers' Case

Posted on March 24, 2011
The firm represented eight members of a racial profiling case in Connecticut that ended in a $650,000 settlement.

The Am Law 100: Proskauer Revenue, Profits Hit Record Highs

Posted on March 24, 2011
The firm continues over two decades of consecutive growth, with gross revenue of $645.1 million and average partner profits of $1.56 million.

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