Norton Rose is merging with Deacons Australia and obtaining the new name of Norton Rose Group. Deacons’ offices in Beijing, Shanghai, and Guangzhou will not be joining the merge and will even have new competition as a result of this merger. The newly combined firm has plans to expand throughout Asia.
Source: www.thelawyer.com
Tags: Norton Rose Fulbright
McCarter & English has boosted its Tax & Benefits group with a recent hire. Kenneth Yoon joins the firm’s New York office as partner. Arent Fox LLP is taking the hit of Yoon’s departure.
Source: www.lawfuel.com
Tags: McCarter & English, LLP | New York
John Douglas has taken a position with Davis Polk & Wardwell to lead its bank regulatory practice. Douglas most recently practiced with Paul, Hastings, Janofsky & Walker. He joins the New York office.
Source: www.nylj.com
Tags: Davis Polk & Wardwell | New York
Barnes & Thornburg will envelop 22 attorneys from The Parsinen Law Firm PA, effective July 1. This the third big move the firm has made this year. It has opened offices in Atlanta and in Columbus, Ohio. With the addition of these three new offices, Barnes & Thornburg has ten offices and about 475 attorneys.
Source: www.cms.ibj.com
Tags: Barnes & Thornburg LLP
Cozen O’Connor has added two attorneys to its New York Offices. Angelo Savino has enters into the firm’s global insurance practice group. Robert E. Fischer joins as of counsel as a corporate attorney. Cozen has hired more than 30 attorneys in the last few months.
Source: www.newyork.dbusinessnews.com
Tags: Cozen O'Connor, P.C. | New YorkRobert here. Apologies for the delay in getting this post up. I just returned Tuesday from a few weeks of hectic work travel – Hong Kong, Tokyo, New York – and have been slammed the first couple of days back in the office.
It was the typical non-stop meetings for 16 days (with both candidates and firms), plus I also made a few associate placements in HK (two M&A and one cap markets) earlier this month.
We are representing a large number of both US associate and partner candidates in Asia now, especially in HK / China, and our entire team is being kept quite busy. Robert and I traveled to Hong Kong the past couple of weeks mainly in order to help some of our partner candidates pitch their skill set and books to their target firms, as well as help firms attract key partner additions they need.
I plan to return to HK / China later this summer for a longer six week trip, as well, after a short Dubai trip. Yuliya is in Russia all summer working in that market (things are starting to pick up deal flow wise in Russia, but it will be a while before firms there start hiring again).
We have a few urgent associate openings right now in HK / China (many more slower moving openings, but these are the most urgent):
1) 5 to 10 years cap markets US associate / counsel, fluent Mandarin, Hong Kong
2) 7+ years energy / project finance US associate / counsel, fluent Mandarin, Hong Kong / China
3) 4 to 7 years PE / M&A associate, Mandarin preferred, Hong Kong
4) 7+ years IP / TMT (litigation and transactional experience needed) associate / counsel / junior partner, Mandarin fluent, Hong Kong
Most Am Law 100 firms are not jumping on the deferral bandwagon as a way to deal with overstaffing. Seven out of the ten most profitable partnerships are allowing their new associates to start in the fall as promised. These firms are as follows: Boies, Schiller & Flexner; Cleary Gottlieb Steen & Hamilton; Kirkland & Ellis; Paul, Weiss, Rifkind, Wharton & Garrison; Quinn Emanuel Urquhart Oliver & Hedges; Sullivan & Cromwell; Wachtell, Lipton, Rosen and Katz. Those firms not following suit include Cravath, Swaine & Moore; Simpson Thacher & Bartlett; and Schulte, Roth & Zabel. Cravath offered $80,000 in addition to health care and loan repayment stipends to those lawyers that defer for a year. Simpson Thacher gave their incoming class an option to do public service for $60,000 with health insurance. Schulte, Roth made deferment mandatory.
Source: www.amlawydaily.typepad.com
Saul Ewing finally put biglaw’s words into action. The firm has posted its alternative fee agreements online, composed of two options. With this new payment plan, a certain clients may either choose a fixed fee or can choose to pay per attorney, per day.
Source: www.law.com
Tags: Saul Ewing LLP
Gibson Dunn & Crutcher is preparing to open its Sao Paulo office. It has yet to be approved by the Brazilian Bar, but apparently the firm believes it is in the bag. The firm is transferring partner Lisa Alfaro and an associate from the New York office to the brand new office.
Source: www.thelawyer.com
Tags: Gibson, Dunn & Crutcher LLP | Sao Paulo
Bryan Cave has added two lawyers to its New York office. Daniel Tamkin has joined the firm as of counsel in the M&A and Private Equity practice groups. Charles Avigliano will practice in the Intellectual Property Group as an associate.
Source: www.lawfuel.com
Tags: Bryan Cave Leighton Paisner | New York
