Judge Kathleen O’Malley and Raymond Lohier Jr. have been nominated by President Barack Obama for federal appellate judgeships. O’Malley has been nominated for the Federal Circuit. She has been a judge on the U.S. District Court for the Northern District of Ohio since 1994. She also teaches patent litigation at Case Western Reserve University School of [...]
Continue reading...Wednesday, December 23, 2009
Making partner at a big New York firm has been a possibility for only the shining stars of the legal profession. In this recession, however, the chances of becoming partner have quickly gone from bad to worse. At many prominent firms, the number of new partners has significantly dropped: four at Cleary Gottlieb [...]
Continue reading...Wednesday, September 9, 2009
Yesterday, New York Attorney General Andrew Cuomo began running for Governor errr trying his case in the media when he publicly called on Bank of America to waive attorney-client privilege so that he, AG Cuomo, could determine what crimes if any were committed. Well, it appears the game is afoot and Bank of [...]
Continue reading...Tuesday, September 8, 2009
In two unrelated stories making headlines today, the ability of attorneys to give corporate clients unvarnished and frank advice is coming under fire. In New York, AG Cuomo is taking on outside counsel for Bank of America, saying in a letter to Lewis J. Liman of Cleary, Gottlieb, Steen & Hamilton, “…attorney-client privilege is hindering this [...]
Continue reading...Thursday, August 20, 2009
Yale Law Women has announced its 2009 Top Ten Family Friendly Firms List: Arnold & Porter Cleary Gottlieb Covington & Burling Jenner & Block Katten Muchin Rosenman Mayer Brown Munger, Tolles & Olson Patton Boggs Sidley Austin WilmerHale From the press release: YLW believes that the discussion of family friendly firm policies remains salient in the midst of the current recession… YLW hopes leading firms will use [...]
Continue reading...Thursday, March 26, 2009
Over five years, London firms’ hiring of lateral partners has almost doubled, from 42 hires in 2004 to 79 in 2008. The data come from a Legal Week study tracking hiring at 33 US and UK firms’ London offices. Orrick, Weil Gotshal, Arnold & Porter, Cleary Gottlieb, Cravath, and Skadden all brought on laterals. On the other hand, [...]
Continue reading...Monday, March 2, 2009
New York’s Debevoise & Plimpton announced that its 2008 gross revenue climbed 7.2%, while profits per partner fell nearly 3%. Revenue grew to $760.8 million, but profits per partner dropped to $2.23 million. The drop-off in profitability followed declines at other New York-based firms, such as Skadden, Arps, Slate, Meagher & Flom; Sullivan & Cromwell; and Davis [...]
Continue reading...Tuesday, February 24, 2009
According to a report released by the San Francisco-based Project for Attorney Retention, which surveyed 100 American law firms, only 23 of those firms had partnership classes consisting of at least 40% women in 2008. Fourteen of the 100 firms did not include any women. The survey included 100 law firms, which were chosen based on prior [...]
Continue reading...Sunday, February 8, 2009
US Securities and Exchange Chairman Mary Schapiro has named David Becker, a partner at Cleary Gottlieb Steen & Hamilton, as chief legal officer and senior policy adviser, one of her first appointments since taking office. Becker, 61, as general counsel will coordinate legal cases and advise on enforcement actions, and will have an additional role in [...]
Continue reading...Saturday, January 17, 2009
New York-based international law firm Cleary Gottlieb Steen & Hamilton saw both revenue and profits per partner rise in 2008. Gross revenue rose 8% to $965 million, and profits per partner increased about 12% to $2.4 million. But revenue per lawyer was basically flat, down less than 1%. Nearly half the firm’s lawyers are overseas, helping to cushion [...]
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Thursday, March 11, 2010
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