Arent Fox reported a 10.15 percent growth in revenue for 2008, totaling $222,500,000. The firm’s profits per partner, on-the-other-hand, have stagnated with an increase of only .13 percent. The tremendous growth has been attributed to real estate lateral moves made in September ’08.
Source: www.legaltimes.typepad.com
Tags: ArentFox Schiff LLP
Freshfields Bruckhaus Deringer has established a litigation practice in their US offices through the addition of three partners. Aaron Marcu and Adam Siegel were previously with Covington & Burling in New York, while attorney Benito Romano joins from Willkie Farr & Gallagher. Marcu was coordinator of Covington’s white collar defense group. Siegel, formerly at Convingotn, defended clients involved in government investigations. Romano chaired the white collar defense group at Wllie Farr. The three partners will together launch Freshfields’ complex litigation and white collar defense and investigations practice based out of New York.
Source: www.thelawyer.com
Tags: Freshfields LLP | New York
WilmerHale has decided to widen its Asia network with the launching of a Shanghai office. The process has begun to acquire a permit to practice in Shanghai. WilmerHale currently has an office in Beijing and is even considering adding offices in Asia.
Source: www.thelawyer.com
Tags: Wilmer Cutler Pickering Hale and Dorr LLP | Shanghai
White & Case and WilmerHale have each announced good news: increase in their global revenues. The former made $1.3 billion in 2007, a 7 percent raise compared to last year’s $1.46 billion. WilmerHale, on the other hand, had only a 1 percent increase. The firm made $940 million in 2007 and $955 million in 2008. Revenue per lawyer increased by 5.8 percent to make a grand total of $1,027 million.
Source: www.thelawyer.com
Tags: White & Case LLPCMS Cameron McKenna is searching for the perfect firm to merge with in the UK. Their only requirement? That it be small, profitable boutique. Managing partner, Duncan Weston, assures that no member of the CMS network will be left in the dark when it comes to making the final decision.
Source: www.thelawyer.com
Anderson Kill & Olick has recently merged with California based firm, Wood & Bender. This marriage will bring Anderson Kill’s numbers to a little over 90. The firm has gained 14 lawyers in California.
Source: www.amlawydaily.typepad.com
Tags: Anderson Kill P.C.
Berwin Leighton Paisner (BLP) has launched a Moscow office with approximately 70 attorneys from Pepeliaev, Goltsblat & Partners (PGP), a top Russian firm. Andrey Goltsblat, previously co-managing partner of PGP, will run the new office, and is also its namesake. The attorney brought 8 partners along with him. It is estimated that Goltsblat (the office), will make a tenth of BLP’s overall revenue.
Source: www.thelawyer.com
Tags: Bryan Cave Leighton Paisner LLP | Moscow
Nathan Haynes is the latest addition to Greenberg Traurig’s New York office. Haynes joins as shareholder in the bankruptcy practice group. He was previously with Cadwalader. Greenberg Traurig has added immensely to its New York office in the past few months. They have hired 13 lateral partners, prior to Haynes.
Source: www.news.prnewswire.com
Tags: Greenberg Traurig, LLP | New York
Ex-Thacher Proffitt partner, John Woods, has accepted a position with firm Clyde & Co. Woods, litigator and maritime insurance specialist, joins the London office as partner and head of Commercial Recoveries and Dispute Resolution. The attorney brings along another ex-Thacher associate, and two more will most likely join soon.
Source: www.thelawyer.com
Tags: Clyde & Co LLP
Allen & Overy is in the midst of restructuring its Hong Kong arm as a response to the ailing economy as well as to its loss of seven corporate partners who laterally moved to Latham & Watkins in October 08. The firm is left with four partners. Allen & Overy has assured its staff that it is thinking of them first. The public, as well as its staff, will have to wait to see the outcome of this restructure.
Source: www.asialegalbusinessonline.com
Tags: Allen & Overy LLP | Hong Kong