The international offices of our nations largest law firms were hit drastically by the recession in 2009. DLA Piper for instance, laid off 10.6% of its London office. In 2008 the office had 424 attorneys and now has 379. Jones Day cut 18% of its Hong Kong office, going from 61 attorneys to 50. White & Case shut down its Bangkok, dismissing 44 attorneys.
Source: www.nylj.com
Blake Dawson has announced that it will not be merging with another UK firm and will instead focus on the Asia legal market. The firm plans to open an office in Tokyo in early 2010. The new firm will work closely with the office in Jakarta due to the increase of activity between Japan and Indonesia. The next step in the plan is to focus on the Australia market.
Source: www.thelawyer.com
Tags: Tokyo
Ashurst has a list of six firms for the purpose of receiving referrals. The firm landed in the US in February of this year with the hiring of 11 structured finance partners from McKee Nelson. This is the first real attempt to get into the US market since its plan to merge with Fried Frank Harris Shriver & Jacobson failed about ten years ago.
Source: www.thelawyer.com
Tags: Ashurst
Sonnenschein Nath & Rosenthal LLP has hired Mark Young for its New York office. Young previously worked for Foley Hoag LLP as chief marketing officer. He joins Sonnenschein as CMO.
Source: www.boston.bizjournals.com
Tags: Foley Hoag LLP | New York
Two partners have left Linklaters for its Indian friend firm, Talwar Thakore & Associates (TTA). Narayan Iyer, a project finance partner, joins from Singapore and corporate partner, Kunal Thakore, joins from Hong Kong. They are both equity partners at their new firm.
Source: www.thelawyer.com
Tags: Linklaters LLP | Singapore
The Manhattan prosecutor who won the case against Bernard Madoff with the maximum punishment of 150 years is joining Cleary Gottlieb Steen & Hamilton. Lev Dassin will be based in the firm’s New York office. He will focus his practice on white-collar crime and enforcement cases, as well as commercial civil litigation.
Source: www.nytimes.com
Tags: Cleary Gottlieb Steen & Hamilton LLP | New York
SJ Berwin has laid off partners due to the economy. The firm did not offer a specific number but instead said that “less than 6” partners were let go. It would appear that the firm is not done with its review and more partners may be asked to leave.
Source: www.nylj.com
Tags: Berwin Leighton Paisner LLP
A group of five Land Use Lawyers have left the Los Angeles office of Allen Matkins Leck Gamble Mallory & Natsis for Sheppard, Mullin, Richter & Hampton. Land Use Chairman Jarold Neuman led the group and brought along partner Michael Kiely. The three associates who made the jump are: Alfred Fraijo Jr., Claudia Gutierrez and Phillip Tate.
Source: www.nylj.com
Tags: Sheppard, Mullin, Richter & Hampton LLP | Los Angeles
Norton Rose has started the process of making its staff full-time once again. The first mention of the part-time plan was mentioned in March of this year with the aim to save jobs. The firm believes to have saved about 85 jobs all-together. Norton Rose estimates that the number of part-time workers has reduced by 15%. Many of the new full-time employees are in the corporate and banking departments.
Source: www.nylj.com
Tags: Norton Rose Fulbright
Brown Rudnick has added a corporate partner to its New York office. John F. Storz was most recently a partner at Sonnenschein Nath & Rosenthal LLP. Storz focuses on general corporate, investment fun transactions, corporate reorganizations, public/private equity and debt securities offerings, investment fund transactions and joint ventures.
Source: www.prweb.com
Tags: Brown Rudnick LLP