McGuireWoods’ 2009 revenue increased by 6.73% from the previous year. It grew from $477 million in 2008 to $509 million. Profits per partner increased by 6.21%. Net profits decreased by 3.03%.
Tags: McGuireWoods LLP
Monthly Archives: February 2010
Greenberg Traurig Hires Head of Texas IP Litigation
Greenberg Traurig, LLP has hired a new Head of IP Litigation in Texas. Dwayne L. Mason has just joined the firm in Houston. Mason previously practiced at Akin Gump Strauss Hauer & Feld, LLP.
Source: www.earthtimes.org
Tags: Greenberg Traurig LLP | Houston
Latham & Watkins Makes Partner Hire in Hong Kong
Latham & Watkins has boosted its Hong Kong office with the hire of Raymond Kwok. Kwok joins as a partner in the real estate practice. Prior to joining Latham, he practiced in Blank Rome’s Hong Kong office.
Source: www.jdjournal.com
Tags: Latham & Watkins LLP | Hong KongAnother One Jumps Ship
Another partner has fled White & Case. Steve Betensky, the firm’s global IT practice chair. Betensky specializes in trademark and patent licensing agreements. Before moving to White & Case’s New York office, he worked in the Palo Alto and Prague offices.
Source: www.thelawyer.com
Tags: New York
Venable Remains Roughly the Same
Despite the recession, Venable was able to basically maintain its financial numbers. Gross revenue and revenue per lawyer each increased by less than one percent. Profits per equity partner rose 2 percent. This may be to due to two acts: Venable laid off 16 lawyers and 48 staff in March last year, and the firm lowered salaries by 8 percent.
Source: www.legaltimes.typepad.com
Tags: Venable LLPLatham & Watkins Boosts New Houston Office
Two sources claim that Latham & Watkins has snagged four partners from Vinson & Elkins. Three of them will be stationed in the firm’s new Houston office. Those are as follows: William Finnegan IV, Brett Braden, Charles Timothy Fenn. Partner Charles Carpenter will join the New York office. They are all to join their respective offices in March or April. Latham’s Houston office opened its doors a month ago.
Source: www.amlawdaily.typepad.com
Tags: Latham & Watkins LLP | Houston
O’Melveny & Myers Loses M&A Partner to Fried Frank
Fried, Frank, Harris, Shriver & Jacobson has just hired a mergers and acquisitions partner for its New York office. Steven Epstein is leaving O’Melveny & Myers for the opportunity with Fried, Frank. He joined O’Melveny in 2005 and became partner in 2007. Looks like Fried, Frank is anticipating a surge in M&A work in 2010!
Source: www.nylj.com
Tags: O'Melveny & Myers, LLP | New York
Winston & Strawn’s New Pay System
Winston & Strawn has recently sent a memo to its attorneys entailing two pieces of news. One is that it would appear that raises will be given sometime in the near future. The other is the fact that the amounts of the raises are still a mystery (in the minds of the associates). Winston & Strawn has just killed off the firm’s lockstep salary system. The memo explains that each associate will be capable of earning up to the maximum amount in the compensation level given to them.
Source: www.abovethelaw.com
Tags: Winston & Strawn LLP
Arent Fox LLP Makes a Partner Hire
Arent Fox LLP has just hired Harry Johnson III as a partner in its Los Angeles office. Johnson focuses his practice on employment litigation, specifically wage-hour complex litigation and traditional labor. He joins from Jones Day.
Source: www.jdjournal.com
Tags: ArentFox Schiff LLP | Los Angeles
Kilpatrick Stockton Takes Two
Kilpatrick Stockton has hired two new attorneys in Washington. Pail Pilecki and Michael Mancusi are joining the firm’s Financial Institutions team. Both were previously with Winston & Strawn.
Source: www.lawfuel.com
Tags: Kilpatrick Townsend & Stockton LLP