Gross revenue was virtually unchanged and profits per partner increased slightly on a year-over-year basis at Weil, Gotshal & Manges in 2009. The firm reported gross revenue of $1,233,054,282 in 2009, which barely betters the previous year’s mark of $1,230,801,620. Profits per equity partner improved to $2,314,723 from $2,273,802, but revenue per lawyer declined slightly to [...]
Continue reading...Wednesday, February 3, 2010
Greenberg Traurig has opened an office in San Francisco, its fifth in California. The new office will have two managing shareholders — Samuel B. Shepherd and Kenneth Steinhal. Shepherd, an IP and employment litigation attorney, was previously a partner at Quinn Emanuel Urquhart Oliver & Hedges. Steinthal’s practice focuses on trying cases in the music and [...]
Continue reading...Tuesday, August 11, 2009
Working Mother Magazine and Flex-Time Lawyers have announced their 2009 Best Law Firms for Women. The accolade is awarded based on attention to work-life and women’s issues, and the increased use of part-time and other family-friendly policies. Firms with at least 50 lawyers were eligible to apply, and the application included detailed questions about issues that are [...]
Continue reading...Tuesday, August 4, 2009
Freshfields has lost two top partners, both of whom joined the firm from White & Case less than two years ago. Maurice Allen is one of the UK’s top banking lawyers, having worked at Clifford Chance and Weil Gotshal. He and Mike Goetz joined Freshfields in March 2008. The firm describes the split as amicable — but [...]
Continue reading...Tuesday, July 21, 2009
Recent laterals and layoffs in the legal sector: Salem Katsh joins Schnader Harrison from private practice as as a partner in its New York intellectual property group. Katsh previously chaired the IP groups at Weil Gotshal & Manges and Shearman & Sterling. More recently, he was the chair of the IP group at Kasowitz Benson Torres [...]
Continue reading...Friday, July 17, 2009
Weil, Gotshal & Manges announced in March that it was deferring its incoming associates’ start dates to January 2010, and is asking new hires to voluntarily wait until 2011. Today the firm told its current summer associates that, if offered a job, they can voluntarily defer their start date from January 2011 to January 2012. Those deferred [...]
Continue reading...Friday, July 17, 2009
A survey conducted by Legal Week says Slaughter and May has the most satisfied associates of any UK firm. Legal Week Intelligence’s 2009 Employee Satisfaction Survey questioned more than 4,000 associates at the top 75 law firms in England and Wales, and at the top 10 US firms in London. Slaughter operates on a bonus plan based [...]
Continue reading...Thursday, July 16, 2009
Recent laterals and layoffs in the legal sector: Scott Martin joins Greenberg Traurig in New York City as a shareholder in the Antitrust Litigation Practice, from Weil Gotshal where he served as a partner. He focuses his practice in the areas of antitrust and complex commercial litigation. Martin earned his JD from Stanford Law School. Former [...]
Continue reading...Thursday, July 9, 2009
Good morning! Here are the top stories: DLA Piper confirms that it laid off 21 lawyers and 100 staff yesterday… Dewey & LeBoeuf has lured away a team of top lawyers from Cooley Godward Kronish… Chicago’s Baker & McKenzie has announced it is laying off 11% of its lawyers and staff in China… Edwards Angell has hired on two [...]
Continue reading...Tuesday, July 7, 2009
Weil Gotshal, which in May laid off 79 staff and in June announced the closure of its Austin, Texas office, is cutting the salaries of new associates at its London location. Newly-qualified lawyers at One South Place will see their compensation cut 5.5%, to £85,000 ($137,500). Still, the new reduced salary is higher than the going [...]
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Monday, March 8, 2010
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