International law firm Vinson & Elkins has expanded its Middle East practice with the addition of two new partners, Sami Al-Louzi and Ahmed T. el Gaili. The duo has been enlisted to strengthen the firm’s ability to represent public and private corporations and financial institutions throughout the Middle East, particularly in Saudi Arabia and the [...]
Continue reading...Tuesday, January 19, 2010
London-based firm Mischon de Reya opened the doors to its first international office in New York City Tuesday. James McGuire will serve as managing partner of the new office and oversee a staff of 15. “Opening our first international office in one of the major financial centres of the world is an exciting opportunity for both [...]
Continue reading...Tuesday, January 19, 2010
Walkers, a leading International Financial Centre law firm, announced the appointment of Carol Hall as head of its newly established Investment Funds Group in Hong Kong. The group offers expertise covering a broad range of investment funds, including hedge funds, private equity and distressed funds. “Asia and Hong Kong in particular have been considerable focal points [...]
Continue reading...Monday, December 21, 2009
Akin Gump has lifted its salary freeze and is planning to pay out bonuses, according to a memo sent out by firm chairman, Bruce McLean. Of course, that’s based on Akin Gump’s compensation system which isn’t strictly a base salary. To earn market level salaries, associates must meet quarterly billed hour quotas. [...]
Continue reading...Monday, December 7, 2009
The incoming class of associates at Mayer Brown is scheduled to begin work in January after being deferred back in April. Later that same month the firm offered voluntary extension to October of 2010 with a $5000 per month stipend plus benefits, along with assistance securing public service experience in the meantime. Now [...]
Continue reading...Wednesday, November 25, 2009
Davis Polk has announced its year end bonus schedule and, surprise!, it looks all too familiar. Yup, it matches the bonuses put out by Cravath, which match the bonuses of every biglaw firm to announce bonuses in the days after Cravath set the bar. New associates are receiving $7500, with seniors making $30,000 [...]
Continue reading...Thursday, October 29, 2009
For the past eight years, Gregory Katsas has held high level posts at the Justice Department. Mr. Katsas served as Assistant Attorney General for the Civil Division of the U.S. Department of Justice from June 2008 to January 2009. Between 2001 and 2008, Mr. Katsas also served as Deputy Assistant Attorney General, Principal Deputy [...]
Continue reading...Thursday, October 29, 2009
A scant few hours ago I promised to bring you any updates on the Hogan & Hartson/Lovells merger talks, and so here it is… The two firms issued a joint press release this morning announcing that the management of both firms unanimously supports the merger. If the partner vote scheduled for mid December goes as [...]
Continue reading...Wednesday, October 28, 2009
We told you last week that Ropes & Gray is opening a new office in London. The office is being setup with two partners who moved from White & Case and two partners from the US. Now Ropes & Gray has a fifth partner in London. Jonathan Bloom, also formerly of White [...]
Continue reading...Thursday, October 15, 2009
Last Friday we reported on tips we had received indicating that Foley & Lardner was laying off as many as 39 lawyers. The firm has now confirmed that number, saying 39 lawyers across its 21 offices. The layoffs were blamed on the falling demand for legal services. Foley & Lardner LLP is an international [...]
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Tuesday, January 26, 2010
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