Pittsburgh-based firm Reed Smith and UK firm Richards Butler are working to complete a merger deal by the end of May, creating a 1,300 attorney entity with a worldwide presence. The deal would not only grow Reed Smith’s presence in London and Paris, but also in the Middle East and Asia. Source: www.law.com
Tags: Reed Smith LLP
Plans are now in the works for a new Singapore office, as well as for an increase the size of the London practice. Within two years, the firm expects to grow in size to 1,000 attorneys, nearly doubling its current staff of 600. Source: New York Lawyer
Tags: Duane Morris LLP | New York
Boston firm Mintz, Levin, Cohn, Ferris, Glovsky and Popeo is expanding into California, recently aquiring a small Palo Alto boutique and expecting the same in L.A. and San Diego. This follows similar moves by Boston firms Goodwin Procter, Wilmer Cutler, and Ropes & Gray. Source: New York Lawyer
Tags: Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. | New York
Morgan, Lewis & Bockius has cleared the extensive Chinese approval process and will open a new office in Beijing. The continuing relationship between Silicon Valley and Chineese technology industries has made it a necessary and appealing step for the firm. Morgan Lewis employs 1,200 attorneys in 20 offices worldwide. Source: www.law.com
Tags: Morgan, Lewis & Bockius LLP | Beijing
Akin Gump Strauss Hauer & Feld has raised salaries for Texas associates at all levels. The firm’s first-years will now earn a base of $135,000 with an additional $5,000 bonus. Akin Gump employs 900 attorneys worldwide and has Texas offices in Austin, Dallas, and Houston. Source:www.law.com
Tags: Akin Gump Strauss Hauer & Feld LLP | AustinSeveral Washington D.C. firms have increased associate salaries at all levels, bringing first-year associates to $135,000 annually. These firms include Arnold & Porter, Howrey, Venable, and Wilmer Hale. Source: New York Lawyer
Tags: New York
Cozen O’Connor will give first-year associates in many of its offices a $15,000 raise effective July 1, bringing their earnings to $125,000 annually. Increases for more experienced associates are still to be determined. Cozen employs 521 attorneys in 24 offices. Source: www.law.com
Tags: Cozen O'Connor, P.C.
Locke Liddell & Sapp has joined the Texas raise bandwagon, bumping first-year salaries in its Austin, Dallas, and Houston offices to $140,000. Associates in its New Orleans and D.C. offices will see the same increase. Source: www.law.com
Tags: Locke Lord LLP | Austin
Houston firm Susman Godfrey plans to open a New York office this fall with an initial staff of five lawyers. The firm also intends to implement raises for its Houston, Dallas, Los Angeles, and Seattle offices. Source: New York Lawyer
Tags: Susman Godfrey L.L.P. | New YorkSeveral big Chicago firms are following the national trend and have raised associate salaries, bringing first-year earnings to $135,000. These firms include McDermott Will, Vedder Price, Katten Muchin, Jenner & Block, and Winston & Strawn. Source: www.law.com
