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Thompson & Knight Hikes Associate Pay
Wednesday, 25 July 2007
Thompson & Knight announced that effective Aug. 1, its first and second-year associates will receive a pay raise. In all of its U.S. offices, starting salaries will be $160,000 and those for second-years will be $170,000. The compensation structure for other associate classes has yet to be determined. This Dallas-based firm is the fifth TX firm behind Vinson & Elkins, Andrews Kurth, Locke Liddell & Sapp, and Susman Godfrey to raise associate salaries in the last two weeks.
Source: www.nylawyer.com
 
Bingham Adds One in Tokyo
Wednesday, 25 July 2007
Bingham McCutchen has recruited Japanese lawyer, Hiroshi Iyori, for its Tokyo office. Iyori joins Bingham's antitrust practice from Asahi Law Offices. Prior to entering private practice, he was the secretary general and then commissioner of the Japan Fair Trade Commission. Bingham plans to expand its Tokyo office to more than 50 attorneys by the fall. The Japanese practice focuses on large-scale cross-border, corporate, mergers and acquisitions, finance, antitrust and intellectual property matters.
Source: www.nylawyer.com
 
Two Corporate Partners Join Fulbright in Houston
Wednesday, 25 July 2007
The Houston office of Fulbright & Jaworski has gained two international corporate partners. Kevin Trautner joins from King & Spalding, where he specialized in finance and M&A. Charles Powell left Haynes & Boone, where he was the head of the technology practice, providing counsel related to venture capital, securities offerings and mergers and acquisitions.
Source: www.nylawyer.com
 
Three Trial Practice Lawyers Join Thompson & Knight
Wednesday, 25 July 2007
Thompson & Knight has built up its 170-lawyer Trial Practice group by hiring three laterals. Robert F. Brodegaard joined the firm’s New York office as a partner, Richard J. Zook is a partner in Houston, and Jennifer Rudenick has joined the Firm’s Dallas office as an associate. Brodegaard's practice focuses on international dispute resolution and U.S. commercial litigation. Zook is a trial lawyer who specializes in handling complex business lawsuits in state and federal courts and in arbitration. Rudenick deals especially with litigation and dispute resolution.
Source: www.newyork.dbusinessnews.com
 
Susman Godfrey Raises Associate Salaries
Tuesday, 24 July 2007
Houston-based Susman Godfrey has joined the ranks of Texas firms raising associate salaries. The firm raised salaries to $160,000 for first-years, $170,000 for second-years, $175,000 for third-years, $180,000 for fourth-years and $190,000 for fifth years. Unlike other firms, Susman's pay hikes have no hour requirements attached. For example, starting in their third year, Vinson & Elkins associates must bill 2,000 hours in order to be eligible for the full raise.
Source: www.law.com
 
Sullivan & Cromwell Loses Private Client Partner to McDermott
Tuesday, 24 July 2007
Sullivan & Cromwell has lost long-time partner Henry Christensen. The private client partner is leaving for McDermott Will & Emery after 37 years with Sullivan & Cromwell. Christensen will head the Chicago firm's New York and international private client group, focusing on international estate planning. There are about 40 attorneys in McDermott's private client practice, but until this recent hire it has lacked a New York and international presence.
Source: www.legalweek.com
 
Womble Carlyle Sees New Atlanta Office in the Future
Tuesday, 24 July 2007
Womble Carlyle Sandridge & Rice has announced plans to relocate its Atlanta office from One Atlantic Center to the tower being built at 271 17th St. in Atlantic Station. The firm plans to move its 70 lawyers to four floors, or 100,000 square feet, in the 25-story building in March of 2009. Ford & Harrison is also considering a move into the new tower.
Source: www.nylawyer.com
 
Dreier Snags Five-Lawyer IP Team
Tuesday, 24 July 2007
Dreier recruited a five-lawyer intellectual property group from Greenberg Traurig. Albert L. Jacobs, the former national head of Greenberg's IP practice, Daniel A. Ladow, the former head of Greenberg's New York IP litigation group, and Gerald F. Diebner will become partners at Dreier. Elizabeth S. Lapadula joins as of counsel, and one associate is also making the jump. This team specializes in patent litigation, especially in the biotechnology and pharmaceutical areas. Last year Dreier also added four IP attorneys from Brown Raysman Millstein Felder & Steiner.
Source: www.nylaywer.com
 
Locke Liddell Is Third TX Firm to Boost Pay
Monday, 23 July 2007
Locke Liddell & Sapp is the third Texas-based firm to raise associates' salaries in Texas and Washington, D.C. Following Vinson & Elkins and Andrews Kurth, Locke Liddell has also raised first years' pay to $160,000 and second years' pay to $170,000. Additional raises for other associate classes are still under discussion. Locke Liddell is based in Houston and Dallas.
Source: www.law.com
 
Edwards Angell Opens in D.C., Builds IP Practice
Monday, 23 July 2007
Edwards Angell Palmer & Dodge has opened an office in Washington, D.C., and has hired four intellectual property attorneys to work in the new office. James Armstrong and William Brooks, formerly with Armstrong Kratz Quintos Hanson & Brooks LLP, join the firm as partners. Armstrong specializes in patent preparation/prosecution, expert legal opinions, trademarks and litigation in the technical areas of chemical engineering, primarily polymers, biotechnology, materials, process machinery and semiconductors, as well as mechanical engineering. Brooks focuses his practice in the areas of patent prosecution, expert opinions and litigation with experience in all aspects of electrical and mechanical engineering. IP associates Gi-In An and Reina Kakimoto also joined from Armstrong Kratz. Edwards Angell's IP group is made up of more than 70 lawyers and patent agents who have degrees in technological and scientific disciplines.
Source: www.earthtimes.org
 
Clifford Chance Expands Stateside
Monday, 23 July 2007
UK-firm Clifford Chance has hired banking partner Thomas Pax for its D.C. office. Pax spent the last 14 years at Pillsbury Winthrop Shaw Pittman. Apparantly, Clifford Chance has made U.S. expansion a priority in its seven year strategy plan. Other U.S. hires that have been made this year include John Howitt and Ray Warman from Paul Hastings, and Lori Bean of Winston & Strawn.
Source: www.legalweek.com
 
Philly Litigators Join Pepper Hamilton
Monday, 23 July 2007
Commercial litigators Jan Levine and Robin Sumner have joined Pepper Hamilton's Philadelphia office as partners. The attorneys left Dechert, where Levine was a litigation partner and the chair of the health law group. Sumner was a partner in the antitrust/competition group and the financial services and securities litigation law group. Nine lateral commercial litigation partners have joined Pepper Hamilton so far this year.
Source: www.lawfuel.com
 
Fox Rothschild Adds Employment Partner in NY
Friday, 20 July 2007
Fox Rothschild has gained a new Labor & Employment partner in New York. Carolyn Richmond joined the firm as the co-chair of the Hospitality practice group. Her work focuses on representing and counseling clients in the hospitality industry, as well as the financial services, retail, and manufacturing sectors on a variety of labor and employment matters. Richmond is particularly experienced in matters such as wage and hour issues, restrictive covenants, independent contractor status, EEO discrimination claims, employee handbooks and the hiring process, diversity awareness training, union avoidance, and e-workplace issues such as privacy and surveillance.
Source: www.prnewswire.com
 
Proskauer Rose Opens Sao Paulo Office
Thursday, 19 July 2007
Proskauer Rose has opened an office in Sao Paulo, Brazil. This will be the second foreign office for New York-based Proskauer; the firm has seven U.S. offices and one in Paris. Partner Antonio Piccirillo will relocate from New York to head the new office. He specializes in Latin American finance transactions, especially in Mexico and Brazi.
Source: www.nylawyer.com
 
Andrews Kurth Answers Call for Salary Hike
Thursday, 19 July 2007
In response to Vinson & Elkins' Wednesday salary hike, Houston-based Andrews Kurth has announced pay raises of its own. First-year associates in Texas and D.C. will now receive $160,000, and second-years will earn $170,000. The firm has not decided on the compensation structure for higher-level associates.
Source: www.nylawyer.com
 
Baker & McKenzie Welcomes Three Attorneys in Bay Area
Thursday, 19 July 2007
Baker & McKenzie has recruited three lawyers for its San Francisco/Palo Alto office. Victor A. Flores joins as Of Counsel in the Global Equity Services group in San Francisco. He was formerly with Latham & Watkins. Jenny C. Yeh also joins as Of Counsel from Wilson Sonsini. She will work in Palo Alto in the Corporate group. Lastly, Sharlyn Drefus joins the San Fran office as an associate in the Litigation group.
Source: www.lawfuel.com
 
Kilpatrick Stockton Adds Atlanta Corporate Partner
Thursday, 19 July 2007
Mike Delaney has joined Kilpatrick Stockton as a partner in the Atlanta office. Delaney joins the Corporate Department from Powell Goldstein. He has significant experience in mergers & acquisitions and corporate finance, including structuring and financing acquisitions and divestitures for public and privately-owned companies. Kilpatrick Stockton has over 500 attorneys in seven domestic and two foreign offices.
Source: www.lawfuel.com
 
Vinson & Elkins Raises Starting Salaries in Texas and DC
Wednesday, 18 July 2007
Vinson & Elkins raised Texas first-year associates' salaries to $160,000, becoming the first Texas-based firm to match the New York market rate. V&E also raised pay for its Washington, D.C. associates. Salaries for first through eighth year associates were raised, but starting in the third year, associates must work 2,000 credit hours in order to be eligible for the complete raise. With this system, associates earn salaries comparable to those in NY, but if they are not able to make the 2,000 hours their pay is reduced only slightly, and only for that year.
Source: www.nylawyer.com
 
Foley Hoag Adds Lateral Partner to Government Strategies Practice
Wednesday, 18 July 2007
Foley Hoag welcomed Jayne Bultena to its Washington, DC office today. She joins the firm from Hogan & Hartson as a partner in the Government Strategies Practice. Bultena will work with life sciences companies on FDA matters. Her practice focuses on products in the biotech, pharmaceutical and consumer health care sectors. She also has done work creating marketing plans addressing policy and regulatory concerns, preparing clients for advisory committee presentations, and conducting internal compliance audits and training. Foley Hoag's Government Strategies Practice attorneys counsel clients in regulated industries to reach mutually beneficial solutions to public policy issues.
Source: www.home.businesswire.com
 
Hot Indian Market for U.S. Firms
Tuesday, 17 July 2007
The Indian market is second only to China in its economic growth rate, and law firms are beginning to take notice. However, because foreign firms cannot practice or set up offices in India, many conduct their business from Singapore, London, or elsewhere. The booming economy is generating tons of work for U.S. firms, ranging from international public offerings to overseas acquisitions. New York firms such as Davis Polk & Wardwell; Cleary Gottlieb Steen & Hamilton; and Shearman & Sterling dominate the market in high end securities work. Wilson Sonsini Goodrich & Rosati; Fenwick & West; and Pillsbury Winthrop Shaw Pittman are particularly strong in tech work. One issue for U.S. firms is that Indian clients often try to cap costs, pushing down normal firm billing rates.
Source: www.law.com
 
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