Jones Day has launched it’s Mexico office today, merging with the firm De Ovando y Martínez del Campo, S.C. This new office, led by partner-in-charge, Ferdnando de Ovando, will focus on the following: banking, finance, real estate, capital markets, as well as international merger and acquisitions. With this new addition, Jones Day now has 31 international offices, and its first located in Latin America.
Source: www.crainscleveland.com
Tags: Jones Day
Two bankruptcy partners departed from Cadwalader Wickersham & Taft and have both joined Greenberg Traurig in the firm’s New York office. Bruce Zirinsky, previously Cadwalader’s co-chair of restructuring, left the firm just before he would have been given a spot on the management committee. Zirinsky joins with John Bae, also a bankruptcy partner.
Source: www.thelawyer.com
Tags: Cadwalader, Wickersham & Taft LLP | New YorkOne cannot escape the consequences of a suffering economy. Although it was birthed in the United States, it has soon become a global problem. Law firms can attestify that changes had to be made to endure these difficult times. Practice areas, such as private equity and real estate have slowed down immensely. But the economy slump has not hit every practice area, nor market equally. Litigation has been doing well. Also, firms with Moscow offices, have reported that they are still very busy in Russia. But the luckiest are the New York firms that are working on the bank bailouts. Even in times like these, legal work continues and at times is even created by the downturn iteself.
Source: www.amlawydaily.typepad.com
Tags: MoscowBarlow Lyde & Gilbert has announced plans to an office in Sao Paulo later this year. This will be the firm’s first office outside of Asia and the UK and its sixth office. Aviation and insurance litigation partner Jeremy Shebson, currently based in London, will relocate to Sao Paulo once formally opened. The office will focus on aviation, but also on expanding its marine, energy, trade, insurance, and arbitration practices.
Source: www.legalweek.com
Tags: Sao Paulo
Steven Tyndall has joined law firm Baker Botts today, January 1, 2009. Tyndall has vast experience in the following: corporate law, sercurities and mergers and acquisitions. He joins Baker’s Austin office from Fish & Richardson, where he was partner.
Source: www.istockanaylst.com
Tags: Baker Botts L.L.P. | AustinLuce, Forward, Hamilton & Scripps spent half a year creating a plan to improve reputation and increase numbers in their California offices – Los Angeles, San Francisco, and Orange County. This may seem like a typical aim for most law firms, and yet the intended magnitude will require that the firm’s managing partner concentrate solely on leading and no longer on practicing law. As of January 1st, partner Kurt Kicklighter will lead the firm through the next five years. Currently, Luce, Forward focuses mainly on real estate, trusts and estates, and insurance. But, by 2011, the firm plans to makes its presence known in other practice areas, such as labor and employment and intellectual property litigation.
Source: www.law.com
Tags: Los AngelesThe increase in bankruptcies can be well represented by the following: bankruptcy filings by businesses in Florida’s Middle District has increased by 122 percent. Firms must act accordingly by adding to their bankruptcy groups with either current associates or hiring newbies/laterals. It can be assumed that more of the same will continue in 2009.
Source: www.tampabay.bizjournals.com
Thacher Proffitt is planning closing its doors in 2009. The mortgage crisis really hurt its structured finance practice. Many other factors aided in the demise of the 160 year old firm. Attempts at merging were not successful; about 100 of its lawyers, including 40 partners, left Thacher for Sonnenschein. About 95 lawyers were left in the dust of the aftermath. Thacher Proffitt’s partners made an average of $1 million in 2007, a devastatingly 22 percentage decrease.
Source: www.bloomberg.com
Baker & McKenzie was voted Best Law Firm of the Year (in three out of five categories) in the Environmental Finance and Carbon Finance’s market survey. The firm received the best firm title in the following categories: GHG Emissions Voluntary Markets, Kyoto Project Credits, and Australasian Markets. Baker placed runner-up in two other categories: EU Emissions Trading Scheme and North American Mandatory Markets.
Source: www.lawfuel.com
Tags: Baker McKenzie
Skadden Arps Slate Meagher & Flom has lost its only Sao Paulo partner. Jonathan Bisgaier is leaving at the end of the year for Banking and Trading Group (BTG). With Bisgaier’s departure, the Sao Paulo office will be left with seven associates. Partner Paul Schnell will take over Bisgaier’s position of leading the Sao Paulo office, but will continue to be based in New York.
Source: www.thelawyer.com
Tags: Skadden, Arps, Slate, Meagher & Flom LLP | Sao Paulo