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Wednesday, 16 July 2008 |
The National Association of Women Lawyers (NAWL) have released a report containing a new plan for the advancement of women's legal careers. It is hoped that this report will finally increase the percentage of women in top legal positions. It has been stuck at 15 % for years, despite the same number of men and women graduate from law schools each year. The report focuses on three central points of action: allowing junior attorneys the understanding of how to climb the ranks, financially compensating senior attorneys who monitor a diverse group, and calling for accountability for the ways in which women treated and given opportunities.
Source: www.law.com |
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Thursday, 22 May 2008 |
Hogan & Hartson is losing two Munich partners at the end of the month, including notable private equity Partner, Uwe Steininger, and Jochen Schaefer, a corporate partner. While Steininger has yet to reveal his next step, Schaefer has announced he is to join Duvinage & Partner, a sports law boutique Duvinage & Partner.
Source: www.legalweek.com |
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Wednesday, 21 May 2008 |
Like most other firms, Becker & Poliakoff are having issues with profit in result of economic, as well as real estate, downturn. Unlike most other firms, Becker is turning to its attorneys for help. The attorneys are taking a 12 percent pay cut, which took effect May 15. The firm's managing shareholder, Alan Becker, informed everyone of his decision, explaining that they had weighed all of the options and this seemed to be the most helpful and the most fair. But, not all agree. Some point out, that it is very unusual for the attorneys to bear the brunt for profit issues. The cut will be reversed when clients begin paying again.
Source: www.nylawyer.com |
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Wednesday, 21 May 2008 |
The law firm of Weil, Gotshal & Manges has enacted a flexible benefits plan for its UK employees. Under the new plan, employees will have the opportunity to choose particular benefits, such as dental insurance, private medical insurance (PMI), critical illness cover, childcare vouchers, charitable giving, and bikes for riding to work. Weil's aim is to provide benefits that are flexible enough to meet the various demands of each employee.
Source: www.employeebenefits.com
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Tuesday, 20 May 2008 |
Lowenstein Sandler is launching an office in Silicon Valley. The branch will be led by Kathi Rawnsley, previously at Intel Capital for the last nine years. Lowenstein currently has offices in Boston and New York with 275 attorneys.
Source: www.nj.com |
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Tuesday, 20 May 2008 |
Clifford Chance has hired Robert Villani to join its New York office as Partner. Villani joins the financial products department from Thacher Proffitt & Wood. Prior to Thacher, Villani was a partner at Fried Frank Harris Shriver & Jacobson.
Source: www.thelawyer.com
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Monday, 19 May 2008 |
Sutherland Asbill & Brennan has dropped the last two names to become merely: Sutherland. The firm will keep the name in its entirety for legal proceedings, but wishes to be called Sutherland for everyday purposes. The firm has also launched a website, Sutherland.com to reinforce the new brand. The firm is following suit of many other law firms desiring to be nicknamed. For instance, Skadden, Arps, Slate, Meagher & Flom, and Orrick, Bingham and Dechert have both adopted shortened names. It seems that big firms are realizing that mouthfuls are not necessarily very memorable.
Source: www.law.com |
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Monday, 19 May 2008 |
Sullivan & Cromwell ranked the best in its category for the "Best Adoption-Friendly Workplaces”, a list compiled by The Dave Thomas Foundation for Adoption. Sullivan was compared to other businesses pertaining to consulting, accounting, and legal services. Why did the firm rank so well? It may have something to do with its policy allotting $7,500 and 18 weeks of paid leave per adoption.
Source: www.lawfuel.com |
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Friday, 16 May 2008 |
Orrick Herrington & Suttcliffe has recently snagged one from Heller Ehrman. Richard Martin leaves his position at Heller as managing partner of its New York office to join Orrick as a partner in New York. His expertise will boost the dispute resolution and white collar crime practice.
Source: www.thelawyer.com
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Friday, 16 May 2008 |
Eversheds has seen both its revenues and average profit per partner (PEP) increase by 10 per cent. The double-digit growth means the firm sees its turnover increase from £356m to £390m, as PEP rises by £50,000 from £502,000 to £552,000. Its net profit, which last year stood at £72.5m has grown by seven per cent to £77.6m. In comparison with last years 20 percent PEP, of course 10 begins to not look so good. But when considering the credit crunch, this year’s figures are nothing to ignore.
Source: www.thelawyer.com
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Friday, 16 May 2008 |
The law firm Lovells has reported a 13 percent increase in revenues for the 2007-2008 time period. This takes them from a prior revenue of £425m to this year’s £479m. Their average profit per equity partner (PEP) has boosted 10.5 percent, from £599,000 to £662,000. Asia and the Middle East can take credit for a whopping 6.5 percent of the total revenue.
Source: www.thelawyer.com |
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Tuesday, 13 May 2008 |
Bracewell & Giuliani has re-hired Rebecca J. Rentz to work in its Environmental Group. Rebecca will be joining the Houston office as Counsel. Prior to her last employment with the Texas Commission on Environmental Quality, Rebecca worked at Bracewell for 5 years as an associate in the environmental group. Welcome back Rebecca.
Source: www.pre-news.com
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Tuesday, 13 May 2008 |
A&O has lost its corporate head in the Italy office. Paolo Cerina has quit A&O for Babcock & Brown. A&O is now left with 6 corporate partners among its two Italian offices in Milan and Rome.
Source: www.thelawyer.com
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Monday, 12 May 2008 |
Law firm Paul Hastings has repudiated accusations that they are laying off attorneys. Instead of layoffs, the firm has replied that they did let a few attorneys go, but because of performance reviews, not economic reasons. An email to a Paul Hastings associate from previously fired Shinyung Oh was recently leaked. Oh says that she was notified that she needed to improve a week prior to her performance review. Her 2006 review actually states that her performance was at or above expectations. For these reasons, Oh believes that the firm is laying off associates for economic reasons and performance reviews are being used to hide this fact. Paul Hastings denies these accusations and says that last year's numbers are relatively close to this years.
Source: www.legalweek.com
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Monday, 12 May 2008 |
Clifford Chance has hired David Kolacek for its Prague office. Kolacek joins from White & Case, where he has been since 1992. Clifford Chance is concentrating on boosting its presence in Eastern Europe, which can be seen by its recent hirings and its launching of an office in Kiev.
Source: www.law.com |
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Saturday, 10 May 2008 |
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The basic idea behind the "decoupling theory" is that European and Asian economies, especially emerging ones, have broadened and deepened to the point where they no longer depend on the United States for growth. |
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Read more...
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Friday, 09 May 2008 |
The Top 25 Best Tennessee Employers Edition 2008 edition has just been released by Business Tennessee Magazine. It ranks the best 25 employers in the state of Tennessee, based on factors such as: salaries, benefits, tenure of CEOs, and the list goes on. The factor that these various companies share, is the positive work environment and in-turn, good treatment of their employees. The two law firms included in this list are: Baker, Donelson, Bearman, Caldwell, & Berkowitz PC; Kramer Rayson LLP.
Source: www.chattanoogan.com
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Friday, 09 May 2008 |
Locke Lord Bissell & Liddell gains an experienced litigator for its Chicago office. Bob Stephenson will contribute his three decades of experience to Locke's White Collar Practice Group. Stephenson joins from Foley & Lardner.
Source: www.lockelord.com
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Wednesday, 07 May 2008 |
Weil, Gotshal & Manges LLP will be opening an office in downtown Brooklyn. It will be located at MetroTech, specifically at 15 MetroTech, the newest building at that accommodation. The exact date is unknown, but this will be taking place some time by this summer.
Source: www.primenewswire.com
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Wednesday, 07 May 2008 |
Watson Farley has launched an office in Milan. The new branch will center its work in energy, shipping, transport, and telecommunications. The office will be led Eugenio Tranchino, currently head of Watson's Rome operations.
Source: www.law.com
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