Law firm Epstein Becker & Green has announced that they will be consolidating their Texas practice to the Houston market, and thus will be closing their Dallas branch. The 13 attorneys housed in Dallas have been offered positions in the Houston office or in any Epstein Becker office they choose. Representatives of Epstein Becker say this move will strengthen and improve their Houston practice.
Source: texaslawyer.typepad.com
Top Law Firms Flock to the Middle East
Top law firms Latham & Watkins and Freshfields Bruckhaus Deringer are set to embark on initiatives to gain footing in the Middle Eastern market. Latham has hired partners from Vinson & Elkins to launch their Dubai branch, while Freshfields has relocated many of its London associates to its existing offices in the area. Allen & Overy and Clifford Chance are among the premier firms with UAE branches, solidifying a trend in efforts to capture lucrative clients in the Middle East.
Source: www.legalweek.com
Bracewell & Giuliani’s White Collar Group Grows
Bracewell & Giuliani has announced the addition of Jeffrey J. Ansley and William C. McMurrey as partners to its White Collar Criminal Defense and Special Investigations practice. Both Ansley and McMurrey served as Assistant United States Attorneys in Dallas. Ansley was lead prosecutor for securities fraud cases in the Fraud and Public Corruption/White Collar Section, while McMurry was the Assistant U.S. Attorney in charge of healthcare and financial institution fraud prosecutions.
Source: www.pr-inside.com
Baker Botts Posts Strong Profit Results for 2007
The Houston-based law firm Baker Botts has reported an increase in profits by 19 percent for 2007. Profits per equity partner (PEP) surged to 18.6 percent at a new record of $1.3 million, an increase from last year’s $1.09 million. Revenues were also up, with turnovers at just under 15 percent.
Source: www.law.com
Bracewell Elects New Captain
Bracewell & Giuliani LLP has announced that Mark C. Roberts has been elected to the position of Firm Managing Partner. Roberts has over thirty years of experience in complex commercial litigation and has been working for Bracewell since 1977. He is the firm’s seventh Firm Managing Partner.
Source: www.businesswire.com
Cleary Shows Growth for 2007
Estimated figures for Cleary Gottlieb Steen & Hamilton show steady growth with a two per cent increase in profit per equity (PEP) along with a nine percent increase in turnovers. Partners speculate this growth can be largely attributed to emerging markets. Despite the increase in revenue, the firm has no immediate plans to expand due to current global economic concerns.
Source: www.thelawyer.com
Baker Botts Adds New Partner
Baker Botts has announced the addition of tax attorney Felicia Finston to its Dallas office. Finston brings her 20 years of experience to the Employee Benefits and Executive Compensation team. Bakers Botts representatives stated that they look forward to utilizing her long record of excellence.
Tags: Baker Botts L.L.P. | DallasChadbourne & Park Open New Climate Change Practice
Chadbourne & Parke LLP will open a new Climate Change practice in order to address the legal and economical ramifications of the growing global warming crisis. This addition is primarily a response to clients’ environmental concerns. The group will be led by former New York Governor George E. Pataki and former Commissioner of the New York Department of Environmental Conservation John P. Cahill.
Source: www.earthtimes.com
California IP Firm Opens in Seattle
California law firm Fenwick & West LLP has opened an office in Seattle. Corporate attorneys Stephen M. Graham, Roger M. Tolbert and Alan C. Smith will head the office, which will focus on life sciences. Representatives of the firm said that they had been eying the Seattle market for some time, adding that it is attractive because of its similarities to both the Bay Area and Silicon Valley.
Source: sev.prnewswire.com
Latham Edges Toward Top Revenue Spot
Skadden, Arps, Slate, Meagher & Flom LLP is in serious danger of losing its spot at the top of revenue lists this year. Latham & Watkins has announced earnings of over two billion for 2007, an increase of 23%. If Skadden even slightly under performs, it will lose its long-standing title of highest-grossing law firm in the nation.
Source: www.law.com
