Dallas-based Haynes & Boone announced that all Texas associates’ salaries will now be at the market rate of $160,000 for first years. The salaries for second and third years will be $170,000; $180,00 for forth years; $190,000 for fifth years; $200,000 for sixth years; $205,000 for seventh years; and $210,000 for eighth years. Associates’ bonuses will also be increased to as much as $5,000 for first-years and up to $70,000 for eighth-year associates. Associate classes, as a group, must reach certain billable-hour totals for the bonuses to be distributed, but for the first time Haynes & Boone has also added individual billable-hour bonus goals.
Source: www.law.com
Orrick Builds HK Korea-Team with Lateral Hires
Mark Lee has left Debevoise & Plimpton to join Orrick, Herrington & Sutcliffe’s Hong Kong office as a partner. He is the sixth new partner to join the firm’s China offices in 2007. Lee is joined by of counsel, David Cho, and associate Una Cho, all from Debevoise & Plimpton. Lee’s corporate M&A and private equity practice focuses on Korea; he joins Orrick’s Korea team which includes Eugene Chang, a Tokyo-based finance partner, and Michelle Taylor, a Hong Kong-based partner and head of Orrick’s regional structured finance team.
Source: www.lawfuel.com
Holland & Knight Partners Depart to Start New Firm
Six Holland & Knight Miami partners have announced their departure from the firm to start their own boutique. The Coral Gables firm will be known as Avila Rodriguez Hernandez Mena & Ferri. Former head of H&K’s banking and finance group, Alcides Avila, will be joined by partners Wilfredo Rodriguez, Eugenio Hernandez, Patricia Hernandez, Daniel Mena, and Marco Ferri; associate Asnardo Garro Jr. is also joining. Holland & Knight’s Miami office executive partner, Peter Prieto, is not worried about the loss of the partners, and said that the remaining attorneys cover all the same areas of expertise.
Source: www.nylawyer.com
Edwards Angell Adds Five Nixon Peabody Laterals in NYC
Five Nixon Peabody attorneys have defected to Edwards Angell Palmer & Dodge. Alphonso E. Tindall, Jr., and Todd J. Peterson join as partners; Deborah H. Henry as counsel; and James Hughes and Gary Anderson as associates, all in the New York office. Tindall and Peterson will join forces with existing partners to establish an emerging markets practice group. Tindall will serve as the co-chair of the cross-border practice group, and Peterson is a partner in the private equity and venture capital practice group.
Source: www.nylawyer.com
DLA Scoops Asia Tech Duo from Greenberg Traurig
DLA Piper has recruited two corporate and securities partners from Greenberg Traurig to join its Silicon Valley office. Both attorneys have strong business relationships with Vietnam and China. Khoa Do was a partner and the chair of GT’s Silicon Valley corporate and securities practice. Do’s practice focuses on advising technology companies on corporate formation and governance, venture capital financings, public offerings, M&A and public company reporting. Michael Reagan works in venture capital and M&A; he is fluent in Lao and Thai.
Source: www.thelawyer.com
Frost Brown Todd Opens West Virginia Office
Frost Brown Todd has opened a new office in West Virginia. This is its ninth office, and its first in WV. The firm’s other offices are located in in Cincinnati, Middletown, and Columbus, OH; Florence, Lexington and Louisville, KY; New Albany, IN; and Nashville, TN. James D. McQueen Jr. will serve as the Administrative Member-in-Charge, and Amanda Davis will be a staff attorney. Both lawyers were formerly with McQueen & Murphy LC. McQueen specializes in insurance bad faith, coverage, and fraud, professional liability and licensure (ethics), and fire and explosion cases.
Source: www.wvrecord.com
What Makes a Great Recruiting Site
Recruiting pages are an important feature on law firm websites, but not all are created equal. Based on a Law.com review of the AmLaw 100 sites, Howrey’s “Bootcamp” site outshone the rest. It provides detailed information, interactive features, and videos of Bootcamp alumnus. Video is an especially effective tool on the websites, though few firms use it. Among those that do are White & Case, Ropes & Gray, and Kramer Levin Naftalis & Frankel. Other unique features include Akin Gump’s “A Moment in Time” which shows the firm’s lawyers’ activities across the globe at a paticular instant in time. Alumni searches, photo albums, and testimonials are other effective tools used by firms with top-notch recruiting sites.
Source: www.law.com
Ropes & Gray Prepares to Open Tokyo Office
Boston-based Ropes & Gray has announced plans to open its first international office in Tokyo, Japan by mid-September. The firm is still waiting approval from the Daini Tokyo Bar Association. The new office will be known as Ropes & Gray Gaikokuho Jimu Bengoshi Jimusho and will be launched by two resident IP partners. Jim DeGraw and Steve Baughman will both move to Tokyo from Boston; the firm will also hire two associates fluent in Japanese.
Source: www.boston.bizjournals.com
Clifford Chance Recruits Litigation Partners in D.C.
The Washington, D.C. office of UK firm Clifford Chance has recruited three lateral partners from Sidley Austin. The litigation team consists of Juan Morillo, Steven Cottreau and Stephen Nickelsburg, whose work focuses primarily on white-collar crime and criminal defense, but also covers civil law. In addition to the Sidley laterals, Wendy Wysong, a senior lawyer with the US Government’s Bureau of Industry & Security has also joined the U.S. Litigation group as a partner. Clifford Chance has recently been putting a lot of effort into expanding its U.S. lawyer operation; hires have been made in New York and D.C.
Source: www.legalweek.com
Winstead Hires Insurance Expert in Austin
Mary Keller has joined Winstead’s Austin office as a shareholder in the Corporate and Securities Group. Her work deals mostly with insurance regulation and regulatory litigation. Keller was formerly an Associate Commissioner of Insurance at the Texas Department of Insurance, as well as a former Texas First Assistant Attorney General. With offices in Austin, Dallas, Fort Worth, Houston, San Antonio, The Woodlands, TX, and Washington, D.C., Winstead is one of the largest business law firms in Texas.
Source: www.lawfuel.com