Sullivan & Worcester is jumping on the bandwagon of law firms that profit from global warming. They too have created a climate-change group to aid companies on resulting issues from global warming. According to a January survey by Bloomberg News, 20 of the top 100 US law firms have already created such a practice group. The list includes: Akin, Gump, Strauss, Hauer & Feld, Heller Ehrman, Sonnenschein Nath & Rosenthal and last, but especially not least, Baker & McKenzie, who created their climate-control group in the late 1990s.

Source: www.news.muckety.com

Ashurst has raised pay for newly-qualified lawyers. The new figure, £65,000, is £1,000 more than last year’s. However, last year’s salary increase of 16 percent is significantly more than this year’s 1.5 percent. In 2007-2008, the firm made £323m in revenue.

Source: www.thelawyer.com

Holland & Hart merges with Nevada firm Hale Lane Peek Dennison and Howard. It will maintain the name of Hollard & Hart. Hollard is already the largest firm in Denver with 365 lawyers, and are going to take on all of Hale’s 50 attorneys. The merger was based on Holland’s aim of growth in Nevada.

Source: www.milwaukee.bizjournals.com

Bingham McCutchen LLP has moved to a bigger building in Boston. The firm has made the jump from 150 Federal Street, its residence for the last 20 years, to 1 Federal Street. The new office has 60,000 square feet more than its previous. Its expansive 315,000 square feet of space is spread across 13 floors, which includes a gym and a cafe. Fewer reasons to leave the office!

Source: www.boston.bizjournals.com

For four years, Sullivan & Cromwell has been the top adviser in mergers and acquisitions. But, Skadden, Arps, Slate, Meagher & Flom has just usurped the throne. Skadden is presenting three very large corporations in their three very large (multi-billion dollar) deals. The three companies include: Capline Corp., Time Warner Inc., and BlackRock Inc. In 2007, Skadden made a profit of $2.2 billion, the most profit reportedly ever made by a law firm.

Source: www.bloomberg.com

Three intellectual property partners have recently departed from McDermott, Will & Emery and landed at Weil, Gotshal & Manges. The three include: Brian Ferguson, Mark Davis and Ronald Pabis. 12 years ago, Ferguson and 16 other attorneys left IP firm Brinks Hofer Gilson & Lione to help start McDermott’s IP group. Two of those attorneys were Davis and Pabis.

Source: www.legaltimes.typepad.com