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
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
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
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
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
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
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
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. More >>
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
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
