Russo Leaves Patton Boggs for AIG
Thomas Russo has joined AIG as general counsel and vice president of legal, compliance, regulatory and government affairs. Russo is…
Lehman Brothers
Thomas Russo Offered GC Job at AIG
AIG has extended an offer letter to Patton Boggs senior counsel Thomas Russo for the position of general counsel. Russo,…
Law Firm Hirings & Firings
Recent laterals and layoffs in the legal sector: Stuart Levy joins Sughrue Mion as of counsel in the firm's electrical/mechanical…
Akerman Senterfitt Adds 8 to Consumer Finance Group
Florida's Akerman Senterfitt has brought on eight attorneys for its Consumer Finance Litigation practice group. Charles Townsend joins from Bank…
Nomura Lays Off 10 In-House Lawyers
Japanese industrial and financial conglomerate Nomura has cut up to 12 legal positions in London. The firm took over dissolved…
Proskauer Rose’s Profits Fall 10% in 2008
Am Law 100 firm Proskauer Rose's profits per equity partner dropped 10% in 2008 to $1.4 million. Revenues increased marginally,…
Clifford Chance to Cut Partners, Lay Off 106 Lawyers
Clifford Chance LLP, the world’s largest law firm by revenue, will cut its partnership ranks under a restructuring plan. The…
Profits Up at Weil Gotshal
Gross revenue at Weil, Gotshal & Manges rose slightly in 2008. The New York-based firm brought in $1.23 billion, up…
South Korean Blogger Jailed Without Bail
He goes by the username “Minerva,” after the Greek goddess of wisdom. He rose from anonymity in South Korea, for…
Cleary Gottlieb Clearly Did Well in 2008
New York-based international law firm Cleary Gottlieb Steen & Hamilton saw both revenue and profits per partner rise in 2008.…
Sidley Austin Charges $1100 Per Hour in Tribune Bankruptcy
Sidley Austin lawyers are asking as much as $1,100 an hour for bankruptcy work on Tribune Company, surpassing the rates…
Paul Hastings Associate Charged in Insider Trading Scheme
An associate of Los Angeles' Paul, Hastings, Janofsky & Walker was charged in a $4.8 million insider trading scheme involving a…