Law News
Law news found and posted by the lawyrs community.
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Mar 16 2012
Covington & Burling announced this week that it plans to launch a new base in Seoul, South Korea.
Other international firms that have announced their intention to...
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Mar 12 2012
Four of the top New York law firms posted their financial results for 2011, with all four showing an increase in revenues.
Skadden Arps Slate Meagher & Flom...
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Feb 16 2012
McDermott Will & Emery is planning to launch in Seoul, following the ratification of a trade agreement that allows foreign law firms to open offices in South Korea....
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Feb 08 2012
The legal services market in Hong Kong has long been dominated by British firms, but US law firms are now a potent force, attracting top talent by offer larger...
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Jan 16 2012
Dechert announced its 2011 end-of-year bonuses for US associates just after Christmas, with a schedule of bonuses that broadly matches the standard set by Cleary...
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Dec 01 2011
South Korea has opened its doors to foreign law firms, with British firms permitted to open there since July, and a free trade agreement concluded last week that also...
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Nov 22 2011
Women have constituted the majority of new partners in the promotions rounds at Wachtell, Lipton, Rosen & Katz, Cleary Gottlieb Steen & Hamilton and Akin Gump Strauss...
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Nov 01 2011
Numerous major law firms have begun to offer a benefit for employees that enroll their same-sex partner in the firm’s health care plan. The benefit aims to offset...
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Oct 17 2011
Interesting article here about the effect of international expansion on law firm balance sheets. The article points out that of the five elite London firms belonging...
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Aug 22 2011
US firm Cleary Gottlieb Steen & Hamilton has opened the doors to its São Paulo office, after receiving regulatory approval.
The Brazilian office will be led by...
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Aug 18 2011
The recruitment drive for associates for the class of 2013 has begun in earnest, with recruiting partners coming on campus to assess the current crop for coveted...
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May 09 2011
Cleary Gottlieb Steen & Hamilton has scored a major coup with the hire of Clifford Chance US litigation chief Juan Morillo. Morillo leaves his position at Clifford...
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Mar 15 2011
A number of Wall Street firms saw profits rise last year, as M&A and capital markets work swelled. Some firms ensured their profits by pruning the equity partner...
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Mar 01 2011
Cleary Gottlieb Steen & Hamilton has announced that it will be paying spring bonuses, following the scale set by Cravath Swaine & Moore.
The firm had previously...
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Feb 16 2011
Freshfields Bruckhaus Deringer has awarded spring bonuses to its 82 US–based associates, following the lead set by Sullivan & Cromwell, Cravath, Swaine & Moore,...
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Feb 14 2011
Just one month after firms handed out their end of year bonuses, it seems that it is bonus time again. A number of firms have made announcements regarding ‘spring...
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Feb 09 2011
Kindred Healthcare Inc is set to purchase RehabCare Group, Inc. in an $877 million cash and stock deal that will create the country's largest rehabilitation services...
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Jan 24 2011
Sullivan & Cromwell has announced a generous spring bonuses for its associates. The firm has decided to the 2010 year-end bonuses, announced in December, with a...
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Dec 17 2010
This article takes a closer look at some of the decisions being made in this year’s partnership promotions round, asking what those decisions indicate about the...
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Dec 02 2010
New York based firm Cleary Gottlieb Steen & Hamilton has hired Norton Rose’s Freeman Chan to head a local law practice in Hong Kong.
The firm has a number of large...
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Oct 07 2010
Akin Gump Strauss Hauer & Feld and Cleary Gottlieb Steen & Hamilton have taken lead roles on a merger between Amsterdam-based VimpelCom with Weather investments....
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Sep 17 2010
Deutsche Bank has called upon Cleary Gottlieb Steen & Hamilton to advise on its project of raising €9.8 billion to bolster the balance sheet and complete the proposed...
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Sep 07 2010
Cleary Gottlieb Steen & Hamilton is advising Brazilian oil and gas giant Petrobras on a massive $75 billion share sale, which will finance the development of offshore...
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Aug 18 2010
Cleary Gottlieb Steen & Hamilton, Jones Day and Stikeman Elliott have taken leading roles in BHP Billiton's $38.6 billion unsolicited offer for Canada's Potash Corp....
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Jun 22 2010
Six firms have advised on the $3.2 billion merger between Biovail, Canada's largest public pharmaceutical company, with California-based Valeant Pharmaceuticals....
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May 20 2010
Cleary Gottlieb Steen & Hamilton and Davis Polk & Wardwell have taken lead roles on software maker Symantec’s $1.28 billion cash acquisition of VeriSign’s internet...
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May 06 2010
Cleary Gottlieb Steen & Hamilton, Morgan, Lewis & Bockius and Simpson Thacher & Bartlett have taken lead roles in the $3.4 billion acquisition of Massachusetts-based...
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Apr 27 2010
The US Treasury is preparing to commence the first stage of its plan to unload 7.7 billion government-owned Citigroup shares on the market, with an offering of 1.5...
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Apr 27 2010
Hertz Global Holdings has announced the imminent acquisition of Dollar Thrifty Automotive Group in a major strategic merger in the US car-rental industry. The $1.2...
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Oct 20 2009
Did Bank of America and its lawyers at Cleary Gottlieb Steen & Hamilton make a mistake in the order waiving attorney-client privilege in the bank's case against the...
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Aug 26 2009
Wachtell, Lipton, Rosen & Katz is the most prestigious law firm according to Vault’s law firm rankings by law firm associates, defending its No. 1 spot for the seventh...
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