2009 looks a lot like 2008 at Arent Fox where revenue fell slightly to $216.5 million from the previous year’s $222.5 million. Profits per partner came in at $800,000, the same as in 2008, and revenue per lawyer was $690,000, a slight drop from 2008. The firm finished the year with the same number of partners [...]
Continue reading...Wednesday, January 27, 2010
Four real estate partners in New York, including Steven Koch, the head of Paul Hastings real estate practice, have moved to Haynes & Boone. Bob Grados, Ken Friedman and Walter Schleimer round out the group. There is some controversy surrounding the move, with Paul Hastings confirming that Grados, Friedman and Schleimer have left the firm [...]
Continue reading...Tuesday, December 22, 2009
UK firm HBJ Gateley Wareing has bought out Olivers WS. Olivers, with offices in Edinburgh and Hawick, is a specialized practice composed of 4 solicitors and staff dealing with residential real estate. The HBJ group was formed in 2006 with the merger of Henderson Boyd Jackson and Birmingham’s Gateley Wareing. It has 500 attorneys [...]
Continue reading...Friday, December 11, 2009
After 10 years at the helm, Rodgin Cohen is stepping down as chairman of New York’s Sullivan & Cromwell. Corporate real estate partner Joseph Shenker will take over the management of the 800 lawyer firm as of January 1. Cohen has been a force in mergers and acquisitions of some of the largest banks and [...]
Continue reading...Tuesday, November 17, 2009
Reports are trickling in, but it looks as though at least 13 associates at Schulte Roth have received pink slips today. We have reports that some of the layoffs at least came from the real estate practice group, but no hard numbers as of yet. We’ll update this as more tips come in. [...]
Continue reading...Friday, October 9, 2009
According to a new report from legal consultants BTI Consulting Group, spending on outside counsel will continue to drop next year. In 2008 spending on oustide counsel averaged out at $20.8 million. This year outside counsel spending average out to $18.5 million and next years average is predicted to by $17.7 million. Corporate law, [...]
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Wednesday, February 24, 2010
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