Moves:

UK & Ireland

Ashurst, Sidley Relocate Top Partners to London to Target Fast Growing Industries

It occurs as businesses allocate more and more resources to the quickly expanding fields of private finance and technology.

Paul Weiss Lands Linklaters Partner as Head of European Public M&A in London

With high-profile hires in London, the company is expanding its corporate practice and this time it went after talent at a UK firm.

Milbank Leaders Praise Non-Equity Partnership Tier Amid London Growth

In an interview with Law.com International, London co-managing partner Andrej Wolf is reported as saying that the firm’s famously high NQ pay is “indirectly demanded” by clients.

Kirkland & Ellis Senior London Tax Partner Exits

The resignation comes after a turbulent time at Kirkland during which two lateral hires were added to the tax group late last year in addition to exits.

Gowling WLG names asset management head next UK chair

Emma Pioli, the head of asset management and a real estate partner at the Anglo-Canadian legal firm Gowling WLG, will take over as chair of the UK LLP.

UK disputes firm launches international arbitration practice

London disputes-focused firm Rosenblatt has launched an international arbitration practice with the hire of co-heads Sara Paradisi from Bryan Cave Leighton Paisner and Leonardo Carpentieri from LMS Legal.

 

EMEA

Nikki Smythe second HSF partner to leave for Clifford Chance in recent months.

In recent months, the company has actively pursued employment in Germany, bringing on corporate laterals from Clifford Chance among others.

HFW Brings Aboard 11-Strong Ince Greece Shipping Team

Since the beginning of the 2023 financial year the firm has hired 30 partners.

Cohen & Gresser Adds Venture Capital Team in Paris

The litigation-focused business is able to recover and grow following many losses in the French capital, thanks to the recruitment of a three-lawyer, partner-led team from a French boutique.

Fieldfisher launches Amsterdam practice

Marc Krestin, a new partner at Fieldfisher and a former co-head of arbitration at environmental law firm Pogust Goodhead, has established an international arbitration practice based in Amsterdam.

 

APAC

Fund Management Leader Joins Norton Rose Fulbright in Sydney

Liz Hastilow has arrived to Norton Rose from First Sentire Investors.

KWM Adds Former Shearman Partner to Singapore, Promotes Two to Partnership in Asia

Gary Hamp was previously a partner at Shearman & Sterling, Latham & Watkins and Hogan Lovells.

White & Case Japan Team Walks to Greenberg Traurig

Greenberg has made a clear effort to expand its real estate and corporate practices. Meanwhile, White & Case faced a few departures in Tokyo last year.

Finance Partner Leaves HSF to Join Clifford Chance in Sydney

Nikki Smythe is the second HSF partner to depart for Clifford Chance in recent months.

NRF Hires Regulatory and Disputes Partner in Melbourne

Kimberley MacKay is now the second partner hire for Norton Rose Fulbright in Australia in the last week.

Bird & Bird Hires Partner From Defunct Hong Kong Office of Winston & Strawn

Winston Singapore Movements: More Partners Leave Big Law for Own Venture; TSMP, HSF Make New Appointments& Strawn announced last year that it would cease operations in Hong Kong in February.

Singapore Movements: More Partners Leave Big Law for Own Venture; TSMP, HSF Make New Appointments

Justin Choo has departed from Bird & Bird in order to establish his own shop in Singapore, meanwhile HSF and TSMP are making high level appointments in the city-state.

Two More Technology Partners Leave Norton Rose Fulbright for A&O

Four technology partners have left for the magic circle firm in recent months.

NRF Hires Regulatory and Disputes Partner in Melbourne

Kimberley MacKay is the second Australian partner hire for Norton Rose Fulbright this week.

 

The Americas

Attorneys ‘On the Move’: Paul Weiss Adds Capital Markets Partner, Employment Practice Partner Joins Covington

This article is filled with this news as well as other announcements of recent hirings and promotions of New York attorneys.

Kirkland Lures Antitrust Partners From Cravath, King & Spalding

This is the third Cravath partner exit this month, it seems that the firm’s top competitors are continuing to recruit from the firm.

Associate Finally Joins Abraham Watkins, 5 Years After His Move Was Blocked by a Client

Efraim Gonzalez Jr. was prohibited from moving to Houston plaintiff’s firm Abraham, Watkins, Nichols, Agosto, Aziz & Stogner in 2018 because USA Gymnastics, a client of his former firm, refused to waive a conflict of interest.

FisherBroyles Picks Up IP Lawyers in LA, Litigator in Chicago

Recently, FisherBroyles grew by adding a litigator in Chicago and a partner in Los Angeles dedicated to intellectual property law.

Alston & Bird Expands West Coast IP Practice, Adding Partner From Haynes and Boone

Theresa Conduah is now the fourth IP partner in the 100-lawyer Los Angeles office of Alston & Bird.

Southeast Law Firm Creates 2 New C-Suite Roles as Firm Charts Growth

Am Law 200 firm Moore & Van Allen has split its highest-ranking administrative job, hiring a former Proskauer Rose staffer for one of the two new C-suite roles.

Willkie Energy Deals Partner Returns to McGuireWoods in Houston

Jay Hughes, who was a co-chair of the power and renewable energy practice at Willkie Farr & Gallagher since he joined in 2020, has returned to McGuireWoods as a partner in Houston, where he once led the office.

Greenberg Traurig Picks Up Former Ballard Spahr Fintech Co-Lead, Expanding its Financial Regulatory Team

Regarding her jump to the Miami born firm, incoming Greenberg Traurig shareholder Lisa Lanham said. “A lot of fintech’s are either starting themselves in Florida or moving from San Francisco to go to Florida, so it was definitely an intentional move,”.

Connecticut Movers: Partners Elected at 4 CT Firms

Carmody Torrance Sandak & Hennessey, Katz & McGrath, Louden, Brown Rudnick and Whitman Breed all announce elevations.

Paul Hastings Investment Management Partner Rejoins Akin in New York

Ira Kustin, who returned to Akin Gump Strauss Hauer & Feld on Thursday as an investment management partner in New York, is the fourth Big Law partner in that practice to make the move to Akin in the last few months.

Clifford Chance Grows LatAm Team with Hire of Corporate M&A Counsel in Houston

This article also contains news from Munsch Hardt, Spencer Fane, and McDermott Will & Emery.

Midsize Moves: Balch & Bingham Hires Williams Mullen Partner, Neal Gerber Adds Robbins DiMonte Partner

Neal Gerber Eisenberg announced the addition of Jonathan Ksiazek as a partner in the labour and employment practice area; Balch & Bingham announced the appointment of Liz Williamson as a partner in the environmental and natural resources practice in the Washington, D.C. office.

Barnes & Thornburg Adds 4-Lawyer Finance Team From Morris Manning

John T.L. Koenig, managing partner of the Atlanta office stated that “their skill sets will no doubt be in demand as the business community in the Atlanta area continues to grow and thrive”.

Arnold & Porter Lures 7-Lawyer Team From BCLP Across Offices

Chair Richard Alexander stated that It’s been a firm priority for Arnold & Porter to expand its core regulatory, litigation and transactional offerings across offices.

 

In-House

Tesla Rival Taps Mercedes-Benz GC for Top Lawyer Job

Matt Everitt the new legal chief has been reported as saying “Lucid’s products set an incredibly high bar for automotive companies, and I’m energized to join at a time when the company is poised to expand further”.

Senior American Airlines Attorney Lands Back at Kimberly-Clark, This Time as GC

Grant McGee became the consumer products giant’s legal chief when an experienced lawyer at Kimberly-Clark was promoted.

Acadia Pharmaceuticals Taps Former Pfizer Attorney as CLO

The only firm with a Parkinson’s hallucination treatment licensed by the Food and Drug Administration is under new legal leadership, thanks to Jennifer Rhodes.

20-Year Military Lawyer Takes Legal Reins of Storied R&D Agency DARPA

In a LinkedIn announcement, Candi Alfred stated, “It really is an amazing organization.”

Former White House Counsel Rejoins Gibson Dunn

Stuart Delery left the firm to join the Biden administration in early 2021.

Neiman Marcus Promotes Deputy GC to Legal Chief

Tom Mattei is taking the legal reigns of the luxury department store chain, this is his second legal chief role.

 

Promotions & Appointments:

Debevoise Lands New National Security Practice Co-Head as Firm Eyes M&A Uptick

Richard Sofield is arriving from Vinson & Elkins and he was previously a senior DOJ attorney. He is now looking to help Debevoise in CFIUS matters, as national security issues bubble up in deal work.

People in the News—Jan. 30, 2024—Marshall Dennehey

Mohamed N. Bakry a shareholder in Marshall Dennehey’s Philadelphia office, has been appointed as president of the Lawyers Club of Philadelphia.

Eckert Seamans Brings On First COO in 10 Years

Arriving from DLA Piper is Eddie Raychaudhuri, who served as a practice group director during his time there.

On the Move: Ogletree Elevates Washko to Managing Shareholder, Two Firms Add Lateral Partners

Troutman Pepper and Nelson Mullins have added lateral partners, also Liz Washko is succeeding Matt Keen as managing shareholder at Ogletree.

With New CEO Starting This Week, Husch Announces New Chair-Elect as Well

Joe Glynias, St. Louis-based labour and employment partner will step in to Catherine Hanaway’s position from the beginning of April.

Jones Day Appoints New Partner-in-Charge of Mexico City Office

While Manuel Romano will continue to work with clients in the firm’s financial markets business, tax partner Rodrigo Gómez Ballina assumes legal leadership.

Pinsent Masons appoints Robert Dever to lead tax practice in Dublin

Pinsent Masons has hired tax partner Robert Dever to lead and develop its tax law practice in Dublin and bolster its European transactional services group.

Former Bumble Legal Chief Takes CLO Posts at 2 NYC Public Companies

As the Dolan family looks to expand MSG Entertainment and a subsidiary that just constructed a $2.3 billion arena in Las Vegas, Laura Franco is emerging as a major executive.

The Current (and Future) State of AI in Legal Finance

In this piece, Burford Capital’s David Perla explores the application and future prospects of artificial intelligence in legal financing, which is the activity of offering capital and support for lawsuits and arbitration awards. He specifically looks at how AI is used to source investments, decide which investments to make, and forecast results after investments are made.

Double partner appointment at RDJ

Louise Boughton and Sarah Slevin have been named as partners by RDJ in all corporate, commercial, and dispute resolution disciplines.

McCann FitzGerald appoints Iain Ferguson as head of investment management group

Iain Ferguson, a partner at McCann FitzGerald, has been named head of the firm’s investment management group (IMG).

 

Mergers & Alliances:

Fennemore Acquires San Diego Firm, Solidifying West Coast Presence

The day the business closes another merger with a Seattle-based firm, it will also welcome the 21 attorneys who once made up Sullivan Hill.

Fisher Phillips Acquires Legal Tech Startup, Investing Further Into Tools for HR

Jonathan Crook, Fisher Phillips partner and founder of the startup stated that. “It fits with this idea of giving companies and HR teams sort of an on-demand resource that they have with us”.

Montreal Moves: KPMG Acquires 10-Lawyer Firm in Montreal, DLA Piper Hires Real Estate Litigation Partner

The Big Four’s legal presence in the French-speaking province of Canada is enhanced by Sweibel Novek Rabbat’s competence in tax, estates, and trust services.

 

Office Openings & Closing:

The firm continues to be bullish on restructuring, almost two years after its raid of Stroock.

Paul Hastings Continues Building its Restructuring Practice with new hires for Kirkland.

PA-Based Chartwell Law Opens Offices in Austin, Dallas

Despite being interested in the Texas market for some time, Chartwell law opened in Austin and Dallas, because they hired four litigation and coverage lawyers from Disiere, Martin, Jefferson & Wisdom.

Selendy Gay’s David Elsberg, Quinn Emanuel Partners To Launch New Litigation Boutique

Elsberg Baker & Maruri will open in February with a roster of “aggressive, first-chair” trial lawyers, according to senior partner David Elsberg.

Ashurst Expands Alternative Services Division with Poland Office Launch

Ashurst Advance is collaborating with Elevate, a worldwide ALSP with headquarters in Los Angeles, to create a new office in Krakow.

Skadden’s Elizabeth Robertson Launches Business Crime Boutique

The high-profile white-collar partner, who left Skadden in December, talks with Law.com International about her new venture.

 

Financials:

‘An Era of Heightened Risk’: Class Action Onslaught Shows No Signs of Abating

According to a report by the law firm Duane Morris, Mega-settlements and high class-certification rates likely will “incentivize the plaintiffs’ class action bar to be equally if not more aggressive with their case filings and settlement positions in 2024”.

Milbank’s Revenue Jumps 18% as Profits Soar 19% and Nonequity Tier Grows

The firm’s 18.6% increase in PEP to $5.114 million occurred simultaneously as Milbank saw a 51% expansion in its nonequity tier.

Big Law Rates Continue Rising, But Trail 2023 Increases So Far

According to bankruptcy records, the average Am Law 50 firm increased its rates by 8% to 10% in 2024.

Aggressive Rate Hikes, Strong 4th Quarter Collections Drive 2023 Revenue Growth for Phila. Firms

The six Philadelphia-based firms surveyed by Wells Fargo together increased revenues by 4.7%, the is less than the nationwide average of 6.0%.

Energy Sector Work Led to Higher-Than-Average Revenue Jump for Homegrown Texas Law Firms Last Year

Based on certain financial indicators, a group of domestic Texas firms outperformed the industry average in 2023, according to a Wells Fargo Legal Specialty Group year-end study.

White & Case latest to raise pay for London lawyers

The newest American law firm to increase junior attorneys’ compensation in London is White & Case.

 

Technology & Innovation:

We Asked Every Am Law 100 Law Firm How They’re Using Gen AI. Here’s What We Learned

Using the much-discussed technology, at least 41 of the highest-earning law firms in the United States are investigating potential in both the legal and corporate domains.

Lawyers Call 5th Circuit AI Proposal Vague, Potential Threat to Work-Product Privilege

The appellate court would mandate that lawyers who employed artificial intelligence (AI) in the preparation of a document attest to the fact that all citations, legal analysis, and other language have “been reviewed for accuracy and approved by a human.”

1 in 4 Organizations Are Banning Gen AI for Now, Fearing Risks

Cisco Chief Legal Officer Dev Stahlkopf has been reported as saying that “the risks of AI are real, but they are manageable when thoughtful governance practices are in place as enablers, not obstacles, to responsible innovation,”.

The Financial and Cultural Costs in Providing Legal Tech Solutions to Clients

Experts from Paul Hastings, Husch Blackwell, Redgrave, and other firms spoke on the cultural costs of legal IT teams that also cultivate client relationships, as well as whether businesses should build or acquire.

‘Late Adopters’ or ‘Cautious Optimism’: Law Firm Partners Share Divergent Approaches to Gen AI

A Legalweek panel highlighted the lack of agreement surrounding how prominent law firms should be approaching the emerging technology.

Generating Buzz: Judicial Scrutiny of AI Use and Its Impact on the Future of Litigation

Generative artificial intelligence (AI) has the potential to revolutionize the legal sector by automating and improving research, expediting the document review process, and even creating papers. But there are drawbacks to this revolutionary capacity as well.

 

Diversity & Inclusion:

2023: A Landmark Year in LGBTQ+ Rights—Legal Triumphs and Political Challenges

Looking toward 2024, there is a sense of renewed optimism, carrying forward the lessons and victories of the past year, ready to build a more inclusive and equitable society.

Alston’s Finance Group Sees Success, in Both Revenue and Diversity

Karen Gelernt and her successors in the Alston group are among the few female leaders of a structured finance practice in Big Law.

West Point Defends Race-Conscious Admissions Policy to Supreme Court

U.S. Solicitor General Elizabeth Prelogar wrote “A lack of diversity in leadership can jeopardize the Army’s ability to win wars,”.

17 of the Top 20 Law Schools Have More Women Enrolled

The Enjuris report states that “The decline in male enrolment and the increasing number of students who choose not to disclose their gender present new dimensions in the evolving narrative of gender diversity in legal education”.

 

Market Commentary:

What’s in a Name? Law Firms Rebrand HR to ‘People Operations’

The transition from HR language to “talent development” has mostly taken place at large law firms, where positions like chief people officer and chief talent officer are common and are slowly infiltrating the midsize firm market. Experts claim that the fierce competition for skilled individuals in the legal field is linked to this development.

CLO Workloads Swell, as Duties Expand Beyond Legal

Veta T. Richardson, CEO of the Association of Corporate Counsel said that “Squeezing general counsel resources while expanding their remit is unlikely to be sustainable for the long term”.

After Moderate Revenue Gains, Law Firms Plan for Growth in Both Deals and Litigation

Wells Fargo’s Owen Burman said, “The mindset is toward growth as opposed to cutting, and that’s a change over the last 18 months,”.

In-House Lawyers Say AI Well-Suited for Some Tasks, Dangerous for Others

One participant in a newly released survey of general counsels stated that “I am … more likely to trust the use of [AI] by someone who is more seasoned because they have the experience to know whether it is a legitimate response”.

China’s Property Crisis Marks Sidley’s Time in the Sun, But Will It Shake Up the Playing Field?

Apart from the property crisis in China, there hasn’t been much notable drama occurring in Asia regarding restructuring. However, how will competing companies fare now that Sidley Austin has monopolized the China real estate market?

🌟 Exciting News from Fides Search! 🏆 Thrilled to share that Edward ParkerInka FukalovaSershen IngramShirin Stanley, and Gwendolyn Shaw from our team attended the Investing in Talent: Recruiter Awards this week, following our nominations for:

1.      Best Recruitment Company to Work For (1-19 Employees)
2.      Best Workplace Environment

A heartfelt thank you to the judges for acknowledging our commitment to fostering a workplace that not only attracts top talent but also provides an exceptional environment for professional growth. This event was not just a celebration of achievements, but also an opportunity to connect with industry leaders and share insights. Thank you for a fantastic evening! 🙌

See what Edward Parker, our managing director, had to say:
“It was a huge honour to be nominated in, not just one, but two categories. As a small team in a niche market, you often feel like the exceptional work of your team goes unnoticed, so to be recognised in these areas was a true highlight and something I’m personally immensely proud of. Congratulations to those that won, thrilled for them!”

Looking ahead to further milestones for Fides Search, the next of which is our nomination for Recruitment Firm of the Year at the Women, Influence & Power in Law UK Awards 2024.

2024 is shaping up to be a pivotal year for the senior leadership of law firms across the world.

Political change is crucial to decision-making at the highest level and this year is set to be one of the most politically active in decades with many major economies (the UK, US and the EU/Commission to name a few) going to the polls. Law firm mergers and lateral partner hiring is intrinsically tied to the wider economy and all eyes will be on incoming premiers to see the strategy for their term in office.

Competition and antitrust is no exception to this rule. Arguably, it is one of the most beholden to political shifts, such as the 2016 Brexit referendum, irrevocably changing the UK regulatory landscape.

In this case, 2024 looks to be one of the most significant years in the competition market in quite some time. Taking the UK & Irish markets, this article will delve into the monumental regulatory shifts coming into effect in 2024, leading to one clear conclusion: dither on investment in competition now and the ship may have sailed by 2025.

This year kicked off with important news from the Court of Appeal. The UK’s Competition and Markets Authority (CMA) has won an appeal with the court agreeing that companies outside the UK must provide information it requests, quashing legal challenges from BMW and VW.

Reflecting on the decision the CMA’s chief executive Sarah Cardell said, “Today’s unanimous judgment strengthens the CMA’s ability to investigate, enforce against and deter any anti-competitive conduct that harms consumers, businesses and markets in the UK”.

This significant development in the scope of the CMA’s powers comes hot on the heels of the Digital Markets, Competition and Consumers Bill which is currently at Committee stage in the House of Lords. This new Bill could give the CMA greatly enhanced capabilities in dealing with key players in their respective industries – a move most see as an attempt to catch up with Big Tech.

In summary, the DMCC would entail:

Designation of a small handful of firms with Strategic Market Status i.e. a substantial, entrenched market power (non-transitory); in at least one digital activity,

Conduct Requirements and Pro-Competition Interventions (“PCI”) i.e. removing barriers to entry and addressing the root cause of overwhelming market power. This is not a new concept as the regulator Ofcom is held up as a near parallel for enforcing PCIs

SMS firms will also have to report to the CMA, prior to completion, any acquisitions with a value of £25 million or more and a UK connection.

With such a significant force entering the market it will inevitably take a great deal of investment and manpower. The CMA has announced that, in advance of the new regime coming into force, it plans to increase the 60 heads in the Digital Markets Unit to 200 by October. The CMA is signalling its intentions clearly and UK partners would do well to listen:

“[the Bill] not only provides clarity for UK parliamentarians, but also for tech firms and wider stakeholders about the approach the CMA intends to take. Once Parliament passes the Digital Markets, Competition and Consumers Bill, we will release more detailed draft guidance for consultation. This will mean that everyone is clear about how we intend to operate the regime and has the opportunity to provide their views.”

The public mood has certainly turned against the largest multinational technology companies; however, the policymakers will also be conscious of the need to encourage foreign businesses to invest in the UK.

The post-Brexit landscape has resulted in a shortfall in inward UK investment and the CMA, whilst beefing up in its battle against tech giants, will be conscious of the wider numbers. According to parliamentary research on FDI statistics, 2021 marked the fifth successive year inward FDI flows into the UK fell: inward FDI flows reached a high of £192.0 billion in 2016, before falling in each subsequent year.

In strengthening their hand, they must avoid the trap the CJEU fell into in 2020 having increased its own scope of regulation in relation to FDI. The Commission’s Third Annual Report stated that, despite a ‘significant increase’ in formally reviewed cases, less than 3% of cases resulted in a Commission opinion. Increasing the powers with which a competition regulator can act can be a double-edged sword and it is one the UK would be wise to heed.

And so, to Dublin, one of Europe’s fastest growing legal markets with several international firms establishing multi-practice offerings in Ireland through lateral partner hires, partnerships and mergers. Dublin’s English-speaking legal system, full EU membership, proximity to the UK and encouragement of foreign investment (particularly from the US) has led to it becoming a key competition battleground.

The market is, however, close-knit and so has looked further afield for its growth over the past 12 months. The top Irish firms have fairly stable teams sitting at 8-10 lawyers across the board and so recent hires have largely come from overseas and in-house/regulators. In the domestic market, there has been only one lateral partner move in the last year. The only lateral associate move was a reinforcement at Ropes & Gray to support their office opening having hired a Counsel from the Competitive and Consumer Protection Commission (CCPC).

Firms need to think outside of the box to get a foothold in what is an increasingly lucrative market with a crucial year ahead.

In line with international developments in the UK & Europe, Ireland have also been reviewing the capabilities of their regulator, the CCPC. The Screening of Third Country Transactions Act 2023 was signed into law on 31 October 2023. It gives the Irish government wide-ranging powers to review investments which meet specified criteria and, ultimately, to block investments that create national security and/or risks to public order.

The Act is expected to come into force in Spring 2024 and one of the specified criteria applies to all third country parties taking significant ownership of a business. This will apply to all UK and US-based investors.

The CCPC will also have a new power to impose civil fines which, if the strengthened DPC (Data Protection Commission) is any example to follow, will be enforced with aplomb. Fines will total up to €10 million or 10% of total worldwide turnover (whichever is greater).

The Act also extends the surveillance powers contained in the Criminal Justice (Surveillance) Act 2009 to CCPC’s investigations into anti-competitive agreements.  The 2009 Act allows subject to certain safeguards, the “(a) monitoring, observing, listening to or making a recording of a particular person or group of persons or their movements, activities and communications, or (b) monitoring or making a recording of places or things, by or with the assistance of surveillance devices.”

Foreign business, particularly from its traditional Anglophone partners, will continue to invest in Ireland and they will need local expertise. Whether that local expertise comes in the form of a strategic alliance, a merger, or new office openings is yet to be seen. One thing for certain is that international firms in the UK and US have a watchful eye on Dublin.

Written by Nathan Simpson, a Consultant at Fides Search and keen follower of the Competition/Antitrust space. He can be contacted on nathan@fidessearch.com or +447823909164.

Moves:

 

UK & Ireland

White & Case London Trade Partner Exits to Launch Solo Practice

Iain MacVay, a veteran partner, formerly oversaw several trade practices across London.

Brown Rudnick adds UK white collar chief from Jenner & Block

Paul Feldberg, a former prosecutor for the SFO, is the most recent in a line of senior lateral hires for Brown Rudnick’s London office.

Joe Beashel to head Matheson’s London office

Joe Beashel is a partner at Matheson and has been named head of the Irish legal firm’s London branch.

Five new partners at Matheson

Ruadhán Kenny, John Coary, Raphael Clancy, Susan Carroll Chrysostomou, and Connor Cassidy have all been promoted to partner at Matheson.

M&A Heavyweight Patrick Sarch Returns to White & Case

After three years at Hogan Lovells, Patrick Sarch is returning to White & Case, where he also assisted in leading the firm’s global financial institutions group.

 

EMEA

Ashurst Continues Run of European Corporate Hires, Adding Baker McKenzie Partner in Luxembourg

The firm anticipates that by bringing on Jean-Phillippe Smeets, they would be able to better serve the growing clientele in Luxembourg, an increasingly important European hub.

Orrick Vows to Rebuild Paris Arbitration After Series of Exits

According to the firm’s website, departures have left it with two Paris arbitration partners; however, sources close to the matter indicate that one of them is currently on vacation and it is unknown when they will return.

Second Executive Committee Member Exits Allen & Overy

The head of the company’s London-based structured finance and derivatives division left at the same time that CVC selected a fellow executive committee member to lead its Netherlands team.

Hogan Lovells Lures Prominent Partner and Disputes Team From White & Case in Paris

Arriving from White & Case are Jean-Pierre Picca who is an assistant to Nicolas Sarkozy’s French presidency as well as partner Jean-Lou Salha and three other people. Their concentration will be on compliance and investigations.

Pérez-Llorca beefs up leadership structure by appointing two executive partners

The firm has named Iván Delgado as its first international executive partner and Julio Lujambio as its first executive partner. The company intends to close the 2023 fiscal year having quadrupled sales over the previous ten years.

Iberian Firms Start Year With Series of Appointments

Firms in Portugal and Spain, including Pérez-Llorca and Andersen, have announced several moves will be taking place in January.

 

APAC

Two Partners Return to Australia’s Gilbert + Tobin from White & Case

Christopher Flynn and Nirangjan Nagarajah have returned to the Australian corporate law firm.

Singapore’s Big Four Allen & Gledhill Debuts in Shanghai

The Chinese Ministry of Justice approved the opening of offices by five foreign law firms, including Allen & Gledhill, in mainland China.

HKIAC Appoints A&O Partner as New Secretary General

Joanne Lau, an Allen & Overy partner, has been named the new secretary-general of the Hong Kong International Arbitration Centre. She will start work on the 26th of February.

HK: Howse Williams hires regulatory lawyer from Dechert

Jason Chan, a regulatory and compliance attorney, was a senior associate at Dechert before joining the Hong Kong legal firm Howse Williams as a partner.

Australia’s Allens Adds to IP Practice with Partner Hire

Natasha Burns, a Melbourne based lawyer, joins from her own firm.

Mayer Brown Adds Banking Partner in Singapore

After being partner at Norton Rose Fulbright, Janelene Chen is leaving for her new role.

 

The Americas

Baker McKenzie Lands Latham Dealmaker to Head California PE Practice

“We are going to build a full-sized PE practice in California with Eric Schwartzman’s arrival,” stated Leif King, who oversees Baker McKenzie’s transactional group in California.

Davis Polk Lures Another Cravath Partner, Adding M&A Litigator

Davis Polk has employed at least four Cravath partners in the past few years, including Rory Leraris.

Bracewell, King & Spalding Grow Energy Teams With In-House Adds

A Bechtel Energy energy and construction lawyer was brought on as a partner by King & Spalding in Houston, while Bracewell hired a Houston-based attorney with knowledge of energy transition tax credits.

Willkie Farr Taps Bay Area Gibson Dunn Partner to Help Lead White-Collar Practice

After more than 12 years with Gibson Dunn, Michael Li-Ming Wong is leaving the company.

Holland & Knight Picks Up Public Finance Duo From Greenspoon Marder

Incoming Holland & Knight counsel Denise Ganz stated, “It’s great to be part of a larger public finance department so that we can share ideas, kick around issues, and give each other input on things that apply to our practice area.”

Freshfields Hits Cravath Again for Latest New York Partner Addition

Freshfields, which has been looking to the esteemed New York firm for senior corporate recruits in recent years, has spotted Cravath as being top target.

McDermott Lands Julia Boyd for PE Group, Anticipating Strong Year for Transactions

Boyd, who is one of the founders of the Senior Women in Private Equity network, is planning to move the majority of her clientele from Reed Smith to McDermott.

Amid ‘Brutal Competition’ and Demand in Patent Practices, Orrick Grows IP Group

This past week, D.C. partners were also acquired by Miles & Stockbridge, McCarter & English, Crowell & Moring, and Arnold & Porter in their major practices.

Foley & Lardner Expands in New York With Partner Hires From Paul Hastings, Nelson Mullins

The goal of Milwaukee-based Foley & Lardner is to grow its offices on the East Coast.

Ballard Spahr Data Privacy Co-Chair Jumps to Equivalent Role at Blank Rome

Along with partner Sharon Klein, Philadelphia native Philip Yannella will resume the position of leadership at Blank Rome’s privacy, security, and data protection practice.

Former Power Company Exec Returns to Gowling WLG

Paul Harricks, who oversaw the energy group at Hydro One, is rejoining the company where he served as CLO.

On the Move and After Hours: Riker Danzig; CSG Law; Norris McLaughlin; Einhorn Barbarito; Littler Mendelson; Resnick Law Group

Littler Mendelson elevates a new shareholder; CSG Law selects a new chair for their corporate & securities group; and other developments.

Morgan Lewis Adds Former Ballard Spahr Practice Leader

Aliza Karetnick had been at Ballard since 2019, when she arrived from Duane Morris.

Midsize Moves: Munsch Hardt Adds Hamilton Squibb Name Partner, Nutter Hires Perkins Coie Partner

Clifton Squibb became a shareholder in Munsch Hardt Kopf & Harr’s energy practice, while Susan von Herrmann became a partner at Nutter McClennen & Fish, expanding the firm’s private client section.

Energy Litigation Partners Leave Alston & Bird in Fort Worth to Launch Boutique

Rob Vartabedian and Conrad Hester are leaving Alston & Bird, Rob is reported as saying “we thought we would enjoy the flexibility of a smaller firm, and we thought our clients would enjoy it also,”.

 

In-House

Microprocessor Giant AMD Hires Super-Connected Tech Lawyer as GC

At least nine tech companies, including AMD, have seen the significant contribution of recently engaged General Counsel Ava Hahn. She was also a general counsel for Kleiner Perkins, a venture capital firm, before.

Dr. Bronner’s Magic Soap Hires First GC to Help Navigate Growth, Advance Mission

Over 50 years ago, Emanuel Bronner would hand out free samples of soap to attendees of his lectures espousing unity across religious and ethnic divides. As of today, the same soap is available in mass-market retailers such as Target and Walgreens and in around 40 countries.

Chip-Maker Micron Scoops Up Legal Leader From Rival That’s Restructuring

Micron, which plans to invest $150 billion in manufacturing and research and development over the next ten years, is luring Michael Ray away from Western Digital.

Pair of Biopharma Companies Tap Compliance Veterans to Lead Legal

Tris Pharma focuses on addiction and ADHD meanwhile BPGbio finds potential drugs using an AI platform.

Public Interest Law Center Hires Hausfeld Global Managing Partner as Executive Director

From next month, Brent Landau, the Global managing partner at Hausfeld, will lead the Public Interest Law Center as its executive director.

Defense Contractor Mercury Systems Swaps Out Legal Chief

Stuart Kupinsky has been appointed chief legal officer by CEO Bill Ballhaus. Kupinsky led Blackboard’s legal department when Ballhaus served as CEO.

 

Promotions & Appointments:

Stradley Ronon Taps Litigation Leader as New Managing Partner

Michael O’Mara, a former chair of the litigation department, took over the position earlier this month, replacing Jeffrey Lutsky, who is still the firm’s co-chair.

Smith Gambrell, Arnall’s Promotions Reflect Emphasis on Transactional, IP Practices

Compared to prior years, fewer attorneys were promoted to partners by both firms this year.

Nation’s Largest Milling Company Hires Regulatory Expert as Legal Chief

After nine years of working her way up at Ball Corp., Kate Kimball is taking on her first general counsel position.

Amex-Backed Startup Using Tech to Take Estate Planning to the Masses Hires First CLO

Doug Luftman, who has served as the legal head of five Silicon Valley startups, has been appointed chief legal officer of Trust & Will.

Gold-Mining Giant Newmont Hires CLO With Deep Global Experience

Most recently, Peter Wexler was the legal chief at Schneider Electric, a company based in Paris, where he was in charge of over 300 employees in 32 nations.

Debevoise Lands New National Security Practice Head, As Firm Eyes M&A Uptick

Rick Sofield, a former senior DOJ attorney arriving from V&E, looks to help Debevoise in CFIUS matters, as national security issues bubble up in deal work.

 

Mergers & Alliances:

Dilworth Acquires Suburban Phila. Trusts & Estates Boutique

Dilworth is taking over the Jenkintown, Feasterville, and Doylestown leases held by Yorkway Law Group, in addition to hiring one partner, two associates, and four employees.

Seyfarth Launches Restructuring Practice, Snagging Lateral Group from BCLP

The move lands as soon as Am Law 100 firms saw billable hours in bankruptcy increase by almost 7% last year.

Big Four Japanese Firm Mori Hamada Steps Up Southeast Asian Game with Philippines Alliance

Due to the growth in trade between the two regions, Japanese legal firms have made a significant push into Southeast Asia.

 

Office Openings & Closing:

Saltz Mongeluzzi Duo Launch New Catastrophic Injury Firm

“The days of having a physical server and hard files, and requiring everyone to show up every day are, one, gone and, two, not what we’re interested in,” Baer stated.

Simmons & Simmons announces Saudi Arabia debut

As Saudi Arabia grows in importance for clients, Simmons & Simmons has revealed plans to open in Riyadh, making it the latest legal firm to expand in this particular geographical area.

Kennedys opens tenth US office in Fort Lauderdale

Kennedys, an insurance specialist with headquarters in the UK, has expanded its presence in the US with the opening of its tenth office in Fort Lauderdale.

Big Law’s Rush Into Florida Has Slowed, but Miami Leasing Activity Remains Hot

While leasing activity nationwide slowed down in 2023—a year marked by remote work, construction slowdowns, and tighter budgets—law firms in Miami continued to snap up office space.

Will Allen & Overy, Freshfields, Clifford Chance and Linklaters Find America’s Streets Paved With Gold?

International law firms have been launching offices in the U.S. and paying top dollar for talent in the world’s largest and most lucrative legal market. But growth potential exists elsewhere, and firms shouldn’t give the rest of the world short shrift, writes The Global Lawyer.

 

Financials:

Big Law Has ‘False Sense of Security’ as Clients Depart for Midsized Firms

A new report from Thomson Reuters and Georgetown Law has argued that since the financial crisis of 2007-2008, “market power shifted decisively from law firms to the clients, rapidly moving from a sellers’ to a buyers’ market for legal services,”.

Big Law Lobbyists See Boost in Earnings in Q4, Pushing Some Firms to Their Highest Annual Revenue on Record

From 2022, lobbying revenue increased year over year according to reports from Brownstein, Akin, and Holland & Knight.

Dallas, Houston See Notable, Above-Average Billing Rate Increases

In Dallas, the going pay for partners climbed by around 14% from $674 to $770 per hour in 2022. Associates in Houston experienced a roughly 10% increase in mean going rates, which went from approximately $477 to $525 per hour.

Pressure on UK Law Firms as US Competitors Raise NQ Pay Again

As US firms match the Cravath scale, domestic UK firms will fear falling too far behind.

Cozen O’Connor Announces First-Year Salary Increases in Phila., New York and Washington

Philadelphia first-year associates will make $195,000, while those in New York and Washington, D.C. would earn $205,000 more.

Milbank’s Revenue Jumps 18%, as Profits Soar 19% and Nonequity Tier Grows

The firm’s 18.6% jump in PEP to $5.114 million occurred as Milbank saw a 51% expansion in its nonequity tier.

How Midsize Firms Can Compete In Wake Of High Payouts For Associates

Pro Mid Market columnists at recruiting agency The Foster group suggest that in reaction to recent increases in associate base salary, midsize firms who are unable to match will emphasize to their colleagues that they have an accessible and meaningful career path.

 

Technology & Innovation:

Geopolitical Risks Force Us to Fastrack AI in Financial Crime Compliance

The increasing tempo of change combined with the unpredictability of updates from major regulators has created a heightened sense of pressure on legal and compliance professionals to keep pace.

Is AI-Generated Information Likely to Start Showing Up in Legal Reviews?

Lawyers and experts in electronic discovery must make sure they are ready and devise efficient plans for locating, confirming, and incorporating artificial intelligence (AI)-generated material into the legal review and electronic discovery procedures, even in the lack of official regulations.

Deloitte Launches Gen AI-Powered NavigAite Solution on RelativityOne and Relativity Server

The new solution has been proposed to help organizations accelerate document review, employee conduct investigations, PII identification and compliance activities.

Florida Bar Provides Attorneys with Roadmap for Integrating AI into Their Legal Practice

Scott Westheimer, president of the Florida Bar has been reported as saying that “Ethics opinions like this are crucial because they are going to help us with the latest technologies,”.

Compliance-as-a-Service (CaaS): Legal Tech Investment in the Non-Profit Industry

Unexpectedly, funding for legal technology is starting to go toward not-for-profit organizations (NPOs), such as public charities and private foundations.

Keeping Track of Developments in Cases That Pit Creative Content Against AI Programs

2023 saw the emergence of court rulings and procedural orders in litigation concerning the collision of generative AI systems with artistic output, and these developments culminated in 2024. Due to the unauthorized copyright works that AI companies incorporate into their AI programs, the majority of complaints allege copyright infringement and related allegations.

 

Diversity & Inclusion:

‘Diversity Facilitates Excellence’: AIG’s ACG Dawson Horn on Why He Co-Founded New Organization BUiLT

Blacks United in Legal Technology (BUiLT), which Horn co-founded with a number of legal and legal IT professionals, seeks to address a number of inequalities that still exist in the legal industry.

Gibson Dunn Partner Named First Black Dean of Drake Law

“A Drake Law education is unique due to its focus on theory and practical learning,” Roscoe Jones Jr. said in a statement. He proceeding this by saying, “I am humbled to lead a community committed to an unwavering collegiality and a singular mission to prepare students to promote justice, service and ethics.”

Doubling Down on DEI

“One activist who has made an entire career of attacking policies … essentially admitted that he does not care about whether the legal profession has a place for everyone. Well, we do,” says Hanson Bridgett’s Kristina D. Lawson and Jennifer M. Martinez.

Despite ‘Anti-Woke’ Political Pushback in the US, Big Companies See ESG Risk on the Horizon

In Baker McKenzie’s annual survey of 600 senior legal and risk professionals from companies with more than $500 million in revenue based in the U.K., the U.S., Singapore and Brazil, 73% cited ESG disputes as a risk to their organization which makes it by far the most commonly cited risk to a business.

Partner Comp Systems and Competitive Advantage: Lessons From the Kirkland, Cravath, and Paul Weiss Lateral-Hiring Wars

Comp systems are particularly sneaky since they are very difficult to modify.

 

Market Commentary:

Growing Geopolitical Threats Expand Role of GC

David Bamlango, general counsel of the Eastern and Southern African Trade and Development Bank has been reported as saying, “you cannot not be aware. Otherwise, you will not be relevant in the boardroom or relevant for the senior executives who come to you for advice”.

3 Use Cases for AI in Litigation Finance

Co-chief operating officer of Burford Capital David Perla describes how he believes AI can help the litigation finance company make more and better investments.

Profit Obsession Evokes Cold Sweat From Today’s Lawyers

The most prominent feature of law firm culture that has been found to engender lawyers’ animosity toward their firms is “profit-mindedness”.

Deal Watch: Big Week in Multiple Verticals in M&A

PE, energy, and technology deals drive the week, with several large deals for Skadden and Paul Weiss in the previous few days. In addition, four additional IPOs occurred.

Implement Good Habits To Reduce Malpractice Risks

Even small steps can help break old habits that create big risks of malpractice claims, according to Dentons’ Alanna Clair and Shari Klevens.

Is a Boutique the Right Fit? A Legal Recruiter Weighs In

Legal recruiter Karen Vladeck stated that. “Boutique firms are not the right fit for everyone, but they have many features that can significantly benefit attorneys,”.

Moves:

UK & Ireland

Akin Loses M&A Partner While Hiring in Restructuring, as London Laterals See Busy Start to the Year

Following a recent departure, the firm has welcomed a new hire, reflecting the dynamism of London’s job market in the New Year.

Freshfields Hits Akin for London-Based Private Funds Partner

Expect to see more private funds lawyers at the firm soon. This hire is the start of a 10-person expansion across London and New York.

Osborne Clarke Drops Signature from Law Firm Climate Charter

While no longer a full-fledged participant, the firm retains an advisory role with the charter through their “dialogue partner” status.

Gibson Dunn Rehires Freshfields London Restructuring Partner

It was a short-lived tenure at Freshfields, just 18 months.

Quinn Emanuel hires restructuring partner from Paul Hastings

Veteran Paul Hastings restructuring partner David Ereira has joined Quinn Emanuel in London.

 

EMEA

Orrick’s International Arbitration Co-Leader Exits Firm to Launch Own Practice

‘As a partner of an international firm, you are constantly confronted with issues of conflicts of interest,’ said Michael Bühler.

CVC Ditches GC Role as it Taps A&O for Next Legal Head

The new legal chief of the private equity giant occupies a senior partner role at A&O Amsterdam.

DLA Piper Takes Disputes Partner and Counsel From Simmons in Paris

With prior experience at both Legance and Linklaters, the new partner brings a wealth of expertise in cross-border M&A and private equity to the Italian firm, further bolstering their capabilities in these key areas.

Squire Builds Out Italian M&A and Energy Practice With Partner Hire From K&L Gates

Italian firms have been strengthening their M&A, private equity, energy and infrastructure teams, anticipating an increase in transactional and reconstruction work.

Linklaters Snags Veteran HSF Partner to Co-Head Paris Corporate/M&A Practice

After an 18-year tenure at HSF, Hubert Segain joins Linklaters, having become partner at the firm in 2008, serving their global governing council, and leading their Paris corporate practice.

White & Case Launches Jo’Burg Commercial Litigation Practice with Baker McKenzie Hire

Making significant strides in Africa, the firm boasts a thriving practice of 83 lawyers, propelling them from 21st to 16th in the 2023 regional rankings.

Ashurst Expands Munich Presence With 2 Partner Hires

Following partner departures last year, the firm welcomes the new hires.

 

APAC

Dentons Adds Second Australian Partner this Month

Dentons welcomes Edmund Burke to their Brisbane office as he exits Holding Redlich.

Han Kun, Lewis Silkin Take Partners from Mayer Brown, Gall in Hong Kong

Lewis Silkin welcomes new joiner Kenix Yuen as Bonnie Yung welcomes Bonnie Yung.

K&L Gates Hires Projects Partner as Brisbane Prepares to Host Olympics

Previously, Justin O’Callaghan served McInnes Wilson Lawyers as principal in Australia.

K&L Gates Hires Away MoFo’s Funds Partner in Singapore, Adds Another in Sydney

Prior to joining the firm, Jason Nelms served at Morrison Foerster whereas Claudine Salameh served at Norton Rose Fulbright.

HKIAC Appoints New Secretary General, New Corporate Hires for Hong Kong, Indian Firms

New corporate partners have been appointed by both Eric Chow & Co and Cyril Amarchand Mangaldas.

 

The Americas

Davis Polk Brings Back Former White House Lawyer, Morgan Stanley Compliance Head

Raul Yanes returns to Davis Polk to lead the firm’s investigations and white-collar defence practice, becoming the most recent lawyer transitioning between a bank and Big Law.

Ex-White House Counsel Lawyer Joins Latham; Mayer Brown Hires Ex-Counsel to McCarthy

The Capitol’s doors keep spinning this week as lawyers shuffle between Big Law and the federal government.

Greenberg Traurig Hires Former U.S. Attorney in LA, Marking Tenth Exit From His Former Firm This Week

On the heels of a team exit including Pat Cipollone, ex-White House counsel, Thomas O’Brien’s Ellis George departure was announced.

On the Move: Moore & Van Allen Adds Atlanta Entertainment Lawyer to Financial Practice

Brett E. Moskowitz is highly experienced “in a niche, highly competitive industry” and has a client base featuring banks who had been involved in syndicating financings across the entertainment industry.

Amid Management Shuffle, Norton Rose Adds Litigation Leaders in Chicago

Following departures within Norton Rose’s management, Joshua Lee and Edward Casmere join as the firm’s new litigation leads, bringing high expectations with them for the pace of disputes and lawsuits this year.

Attorneys ‘On the Move’: Morrison Foerster Adds Finance Partner; Securities Litigator Joins Moses Singer

Tammy Davies exists Paul Hastings to join MoFo as partner in their finance group.

Midsize Moves: BakerHostetler Loses Marketing Manager and Health Care Lawyer To McNees, Nossman

Christopher Strah joins McNees Wallace & Nurick as their director of marketing. Meanwhile, Mark Kadzielski joins Nossaman’s health care group.

Latin America-Focused Lawyer Rejoins Greenberg Traurig in Washington, DC

Irwin Altschuler’s return bolsters the practice’s capabilities in the region, following a Mexico City January hire.

Baker McKenzie Adds Leading Energy Litigation Team in Texas

Renowned litigators David Baay, Jack Massey, Kelsey Machado, Ian Shelton, and Matthew (Matt) Rawlinson have joined the Houston office of international law firm Baker McKenzie.

 

In-House

Chicago Bears General Counsel Out After 2 Decades With Team

“I never took one day for granted,” wrote Cliff Stein on LinkedIn. “I worked with 4 general managers, 6 head coaches, 2 Presidents, got to experience 1 Super Bowl, 2 NFC championships and 4 NFC North championships.”

New Year Brings Flurry of UK In-House Moves

Neil Laventure’s departure from Haleon/GSK and Belgian bike start-up Cowboy’s first GC are among the In-House moves.

Ex-GC of McAfee Takes Legal Reins at Another Big Security Player

Nell O’Donnel joins Barracuda Networks to advance its growth, having served as legal chief to some of data protection’s biggest players.

 

Promotions & Appointments:

Potter Anderson Elects Five New Partners

Five individuals elected to partnership, announces Potter Anderson & Corron as Rebecca E. Salko, Aaron R. Sims, Nicholas D. Mozal, Stephen McNeill, and Laura G. Readinger are set to join the Delaware law firm, effective Jan 1.

Hoagland Longo Names Esteemed Litigator as New Managing Partner

“We are thrilled to have Chad step into the role of managing partner,” stated former managing parter, Gary J. Hoagland, in latest press release. “His legal acumen, leadership skills, forward-thinking approach, and steadfast commitment to client service uniquely position him to propel our firm into a promising future.”

After ‘Banner Year’ in Growth, ArentFox Schiff Names New Leader

10% RPL increase and a 2023 12%+ increase in PEP, projects Brian Waldman, ArentFox’s new managing partner.

Pinsent Masons appoints Melanie Grimmitt as head of new Client and Markets Group

Multinational law firm Pinsent Masons has appointed energy partner Melanie Grimmitt as head of the firm’s new Clients and Markets Group as it seeks to accelerate its multinational sector-led approach in the wake of rapid global expansion.

 

Mergers & Alliances:

Utah’s Maschoff Brennan Goes Bicoastal in Merger With Another IP Boutique

“We are certainly not resting on our laurels,” stated a leader in an interview, “We’re interested in … expanding our geographic base into markets that seem to make sense”. Newly formed Maschoff Brennan Gilmore Israelsen & Mauriel currently have offices in Utah, California and New York.

Phila. Litigation Boutiques Dailey LLP and Levan Legal Announce Merger

Under the Dailey LLP name, the combined firm boasts 14 attorneys, four of whom are from Levan.

Hill Dickinson Links Up with Former Ince Group for Cyprus Launch

The launch welcomes two ex-Ince partners as well as three associates.

 

Office Openings & Closing:

McCarter & English Adds Miami Real Estate Transaction Team from Now-Shuttered Boutique

Alvarez & Diaz-Silveira’s remaining lawyers considered joining McCarter alongside Alberto Delgado and Manuel Fernandez. Instead, the firm closed at the end of last year with Pedro Alvarez’s retiring and two other employees relocating to Polsinelli.

Davis Polk, Latham Engaged to Advise on Anta Spin-off and $1B IPO of Amer

If successful, Amer’s listing is set to be one of the most important IPOs in over two years, featuring a Chinese majority shareholder on Nasdaq.

Pinsent Masons Gains Licence to Operate in Abu Dhabi

The growth in Saudi Arabia and UAE’s importance to international firms is further highlighted by the latest move.

Debevoise Picks Daily Mail’s Former HQ As Next London Home

According to an inside source, the firm’s new 70,000 ft² HQ will be a 40% increase from their current premises.

Luxembourg-Based Arendt Opens Frankfurt Office

Mirroring Arendt’s existing network, the operation will function as a channel of communication for clients abroad and the Luxembourgh HQ, but local law will not be practiced.

Weil, Pillsbury Eye London Office Moves Amid US Firm Upsizing Trend

A contrast in opinions toward hybrid working have seen several U.K-led firms downsizing while their U.S.-founded counterparts take up larger spaces.

Phelps Dunbar Adds Memphis, Nashville Offices in Combination With Farris Bobango

The most recent tie-up between firms is marked by Am Law 200 Phelps Dunbar’s joining with 28-lawyer Faris Bobango as mergers are quickly becoming the 2024 trend.

 

Financials:

Paul Weiss, Kirkland Lead as General Atlantic Takeover Creates $96B Investor

It is anticipated that this acquisition of Actis, a company dedicated to sustainability, will establish an investing platform with around $96 billion in assets managed.

Should US Law Firms Offer 20% Less Pay for 20% Less Work?

Recently, Slaughter and May formalized a reduced-hours trial; nevertheless, in the past, American companies have usually saved these adjustments for employees with exceptional situations.

No Origination Credits in Partner Pay? Covington Sees Advantages

Covington Partners contend that the pay model is important to the company’s team-based approach to client work and has assisted in luring laterals, despite the potential dangers associated with not tracking origination credits.

 

Technology & Innovation:

Legal Tech’s Predictions for the Regulation of AI and Technology in 2024

Legal industry experts have made their predictions for the regulation and implementation of artificial intelligence and other technologies in 2024.

Battling Bias In Workplace Predictive A.I.: Challenges for Employers and the Bar

The use of AI in employment has taken the world by storm. AI reflects the world from which it learns and those who create it. However, employers cannot rely on AI tools alone for employee recruitment and management. Proactively mitigating algorithmic bias is not only warranted but, in some forward-thinking jurisdictions, mandatory.

The Case for the Use of E-Discovery Software in All Matters

Lawyers handling every kind of situation, regardless of size or budget, can now more easily use technology thanks to a number of effective platforms that simplify the process.

LinkSquares Announces First Gen AI Capabilities for Redlining, Project Management

AI-Assisted Redlining and AI-Suggested Subtasks are the two new features that will be made available in Q1. The rest of the year will see the release of “many” more generative AI-powered features.

LTN Startup Spotlight: Briefly Founder on Why Legal Information Tech Needs a Rebrand

Startup Briefly is attempting to evolve the way lawyers communicate legal jargon with other teams in their organization by generating legal content in the form of TikTok-like videos.

Can Artificial Intelligence Patents Survive ‘Alice’?

This is the first of a two-part series of articles. This article discusses how It is difficult for anybody trying to patent AI inventions under the existing Alice system. However, as shown by the caselaw, patent drafters and inventors can take precautions to lessen the likelihood that claims made in AI patents will be rejected for being abstract concepts.

Legal Tech’s Predictions for KM, Data Governance & AI Usage in 2024

Experts in the legal sector forecast the state of data governance, knowledge management, and artificial intelligence (AI) in 2024.

AI Adoption Likely to Spark Surge in Corporate Litigation of All Stripes in 2024

Businesses may be accused of antitrust violations if they use AI to assist in pricing decisions, or they may be accused of discriminatory practices if they use AI to screen applicants for available positions.

Legal Tech’s Predictions for Emerging Technologies, Tech Costs & Market Consolidation in 2024

The legal sector projects its expectations for 2024 in a number of areas, including the economy, market consolidation, developing technologies, and technological prices.

SEC Chief Gensler Warns of ‘AI Washing’ and Potential Conflicts of Interest

Gary Gensler has been reported to have said, “If you’re putting the robo adviser’s interest ahead of the broker dealer’s interest ahead of the investor, therein lies a conflict”.

Brazil’s Overwhelmed Judiciary, Desperate for Help, Turns to Artificial Intelligence

Several initiatives have been implemented in Brazilian courts by creative thinkers striving to improve justice in one of the world’s most congested judicial systems.

Stretching the Metaphor—Are Gen AI Copyright Lawsuits Using ‘Winning’ Language?

In copyright disputes against generative AI developers, terms like “memorization,” “generalization,” and even the unusually visceral “regurgitation” have surfaced. When these matters get to court, the use of this type of terminology will be important.

Legal Tech’s Predictions for Legal Education, Lawyer Training & Evolving Legal Roles in 2024

This article is delving into the topics of legal education, lawyer training, and the evolution of legal positions, it also highlights on the predictions that have been provided about the legal sector regarding things to be anticipated in 2024.

 

Diversity & Inclusion:

Top White House Lawyer Rejoins Covington, as Demand for DEI Advice Grows

Covington’s government litigation practice co-chair Stacey Grigsby will be an “integral resource” for clients dealing with workplace culture and diversity and equity problems, according to the firm.

Law School Admissions Officers Report Concerns About Diversity

Although the Kaplan study revealed that nearly all law schools agree that diversity matters to both administrators and students, an admissions officer who took part in the survey expressed concern that the court’s ruling will have a “chilling effect on applications.”

 

Market Commentary:

The UK’s Biggest Law Firms Need More Horsepower if They Are to Compete

Though Clifford Chance and Linklaters haven’t been as active as A&O and Freshfields in the US market lately, the Global Lawyer wonders if their most recent adjustments will be sufficient to put them in the running.

The ‘Returnity’ Crisis: Is the Legal Profession Failing Women Lawyers Returning From Maternity Leave?

Research indicates that working mothers’ morale sharply declines after three months, despite numerous industry efforts to mitigate these effects.

EY Law Plots Sweeping Cuts, 24 UK Roles at Risk

The shocking announcement above contradicts the Big Four firms’ declared goal of more than tripling their size in the UK and Ireland by 2025 and highlights the challenges the auditing behemoths have faced in breaking into the legal sector.

As the Thai Competitive Landscape Shifts, Firms Are Testing Out New Waters

Thai domestic and regional law firms have expanded their global capabilities as a result of an increasing number of Thai enterprises purchasing abroad properties.

Dealmakers Plan to Keep Investing in Private Equity Practices Amid Higher Expectations for 2024

Leading legal firms’ private equity lawyers have made claims that innovative dealmaking could help the efforts to satisfy unmet demands and lead to an increase in transactions.

The Law Firm Disrupted: Working Harder or Working Smarter?

Putting better business” ahead of “more business,” is one thing, but however the real problem seems to be figuring out what “better business” actually entails.

The Time to Do a Transatlantic Merger is Now

According to the Global Lawyer, legal firms that want to compete with Kirkland, Latham, Skadden, and Simpson Thacher may want to think about merging with US companies as global GDP growth slows.

Fides Search is delighted to announce the business is growing and we have four new team members! We are thrilled to have them on board and know they will be great additions to our existing team and the work we are doing for our clients.

 

🎉 Sershen Ingram – Senior Consultant

🎉 Nathan Simpson – Consultant

🎉 Megan L. Sturdy – Delivery Consultant

🎉 Phoebe Green – Personal Assistant

 

Please join us in giving them a warm welcome! ⭐

 

Sershen joins us as a Consultant from a leading global executive search and leadership talent specialist for corporate functions. He specialises in conducting challenging searches for clients who have struggled to attract talent, usually in niche areas of practice or which require specific, hard-to-find skillsets. He has experience across the full spectrum of the Fides offering across a broad range of jurisdictions. He has a core focus on General Counsel and Company Secretary mandates, which is supplemented by law firm Partner searches. Before entering legal search, Sershen qualified as a barrister and worked for a Tier 1 ranked firm in their litigation team on a number of high-profile matters.

 

Nathan joins us as a Consultant from an international specialist legal recruitment agency, working closely with new and existing clients on search, selection and consultancy mandates. He joins the firm with some exceptional experience in private practice recruitment, assisting law firms with hires at all levels. Outside of work, Nathan is a keen traveller and recently returned from a backpacking trip to New Zealand and Australia.

 

Megan joins us as a Delivery Consultant from specialist search consultancy focused on the Energy Sector, assisting clients with search and selection, market mapping and due diligence exercises. She grew up in France and is fluent in French and English with full working proficiency across Spanish and Italian. Outside of work, Megan is a keen powerlifter and spends a lot of her free time in the gym. She is also interested in music and art and enjoys visiting galleries regularly.

 

Phoebe joins us as a Personal Assistant and will be working to support the consultants and head of delivery. Outside of work, Phoebe has a passion for cooking and travelling.

 

See what Edward Parker, our Managing Director, had to say on this exciting news:

“We are delighted to welcome such great talent into the team. Our growth follows a successful 2023 which saw us grow our Consulting, Due Diligence and Search offering. This investment into the team demonstrates our ambition for further growth. We really look forward to working with Megan, Phoebe, Sershen and Nathan; it’s great to bring such talented people into the business.”

 

If you would like to get in touch with any member of the Team, please see our Team page: Fides – Team. You can also reach out on: research@fidessearch.com.

Moves:

UK & Ireland

Quinn Emanuel London Revenue Leaps 47% as Profits Swell

The firm’s triumph this year was ‘boosted by a material one-off success fee’, claims Richard East, Senior Partner at Quinn Emanuel’s London office.

Duo Score Roles on First London IPO of 2024

This potential IPO is set to be the primary market float in months as London grapples with a decline in its appeal as a destination for companies seeking to go public.

Two former senior government lawyers join Kingsley Napley

Senior government lawyers Natalie Cohen and Lord Carter join Kingsley Napley, strengthening the firm’s public law litigation presence.

Browne Jacobson hires William Darmody to lead corporate team

William Darmody joins Browne Jacobson as partner and head of their Irish corporate team at the UK&I firm.

Taylor Wessing hires Ryan Ferry as disputes and investigations partner

Taylor Wessing’s Dublin office welcomes senior litigator Ryan Ferry as partner.

Millar McCall Wylie appoints Chris Phillips as director

Chris Phillips joins Millar McCall Wylie as director of the Northern Irish firm.

 

EMEA

Veteran Paul Hastings PE Partner Jumps to French Firm August Debouzy

Paul Hasting’s move could signal a potential increase activity for Paris’ growingly competitive PE market.

Freshfields Finance Head Rejoins A&O in Middle East

Simultaneously, Clifford Chance’s head of disputes for the Middle East is acquired by CMS.

Perez-Llorca Adds Four More Partners in Lisbon

Perez-Llorca is ahead of schedule, having originally planned to launch their Lisbon office in Q1 2024, the Spanish law firm claims to already have 11 partners on the ground.

White & Case Bolsters Disputes Practice in Paris With 2-Lawyer Hire From Quinn Emanuel

This practice head and partner acquisition is set to strengthen the firm’s commercial disputes, cross-border litigation, and criminal investigations offering in Paris.

Kennedys Enters Polish Market Through Tie-Up With Warsaw Firm

Kennedys lands in Warsaw, making them the latest international law firm to expand their European presence to Poland.

CVC Capital Partners’ General Counsel Leaves Firm

Lauren Livingston leaves the European PE heavyweight following a 17-year tenure at the firm.

Bowmans Lures Team of 6 From Johannesburg Competitor

Bowmans team’s client portfolio includes liquidators, corporate entities, financial institutions and business rescue practitioners.

 

APAC

South Korea’s Shin & Kim Hires Senior Advisers to Launch New Offering on AI

Two Shin & Kim new hires join the group of three experienced advisers leading their latest offering.

K&L Gates Takes Two from Herbert Smith Freehills Singapore

With these latest appointments in Singapore, the firm welcomes its first aviation finance partners in the city-state. Meanwhile, Herbert Smith Freehills restructures their aviation offering, saying goodbye to their dedicated Singapore-based partners.

Clayton Utz Partner Leaves to Join Australian Insurer IAG

Karen Ingram, a disputes and litigation lawyer, joins IAG as interim general counsel.

Kirkland Corporate Veteran Duo Set to Leave Hong Kong Practice

Having joined Kirkland along with six partners in 2011, forming one of the most significant moves in Hong Kong’s legal market, David Zhang and Nicholas Norris are due to exit the practice.

Akin Hong Kong Partner Leaves to Become Independent Arbitrator

Shortly after the closure of Akin’s Beijing office, Ing Loong Yang departs the firm.

 

The Americas

Shearman’s Co-Managing Partner Leads Team Move to Linklaters in New York

Allen & Overy leaders set to take charge of the firm as George Casey’s team of six depart ahead of merger.

Longtime Vinson & Elkins Partner Moves to Condemnation Boutique in Houston

Charles McFarland is reunited with Vinson & Elkins partner and ex-colleague Billy Coe Dyer, at the condemnation boutique established by the former in 2015.

Dechert Loses 2 Litigation Partners Who Held Leadership Roles

David Kelley, ex-SDNY U.S. attorney and former co-head of Dechert’s white-collar practice joins O’Melveny & Myers, while chair of their tech committee, Benjamin Barnet was welcomed by Seeger Weiss.

Blank Rome Adds 5 Attorneys from Dissolving NYC White Collar Boutique

Established by two ex-SDNY assistant U.S attorneys 17 years ago, Spears & Imes terminated operations in Q4 of 2023.

Duane Morris Appoints Ex-US Attorney McSwain White-Collar Co-Chair

Duane Morris welcomes William McSwain, ex-federal prosecutor into a new role as the co-chair of their white-collar practice as they set their sights on national growth for the upcoming year.

Locke Lord Adds M&A Partner in LA With High-Profile Entertainment Clients

Locke Lord welcome Corporate and M&A partner Katy Spillers from L.A firm Greenberg Glusker Fields Claman & Machtinger as she hopes to benefit her clients with the firm’s wider resources and national coverage.

SDNY Prosecutor Moves to Sher Tremonte’s White-Collar Practice

Previously, Alison Moe was deputy chief of the U.S Attorney Office’s criminal division.

Greenspoon Marder Expands Litigation Arm in Miami With Former Saul Ewing Litigator

With previous tenures at Cozen O’Connor and Greenberg Traurig, Jeffrey Gilbert approaches almost forty years of experience in the sector.

On the Move: Former Gordon Rees Office Leader Moves to Barnes & Thornburg

Previously, Leslie served Gordon Rees’ as managing partner of its offices in Birmingham, Alabama and Jackson, Mississippi as well as co-managing partner of their Atlanta office.

Eyeing Rate Flexibility, Longtime Sidley Litigator Decamps to Midsize Manhattan Firm

Isaac Greaney, a well-known Securities litigator, has left Sidley to expand the types of work available to him as a result of more flexible rates.

Dinsmore Enters Texas by Luring 8-Lawyer Litigation Team From Lewis Brisbois

Following the rapid expansion of the Am Law 200 firm, in Florida, Dinsmore & Shohl has stated that it is applying a similar “blueprint” for Texas. This news is in accordance with the statement of their Chair, Josh Lorentz.

Dickinson Wright Scoops Up 10-Lawyer Toronto Team from Minden Gross

The U.S.-based firm’s Canadian office is anticipating the arrival of a full team of lawyers and support staff from Minden Gross.

 

In-House

Legal Chief at Silicon Valley Pioneer Exiting After Quarter Century with Company

According to Western Digital, Michael Ray is stepping aside “to pursue another opportunity,” this news follows the revelation that Western Digital is preparing to split itself into two.

ALM’s Grezlak Joins Furia Rubel as Legal Marketing Firm Expands Services

Grezlak joined Furia Rubel last week after an extensive career working at ALM, parent company of The Legal, for 30 years. Most recently he was editor-in-chief of legal themes, regional brands and Law.com, overseeing ALM’s U.S.-based legal newsroom.

Sony Pictures General Counsel to Exit After Three Decades with Media Giant

During her time at Sony, Leah Weil assisted the media giant in acquiring IP rights to Spiderman for a mere $7 million, obtaining MGM for $2.9 billion and recovering from a crippling 2014 cyberattack as well as much more.

GC of Liquor Juggernaut Passing Legal Reins to Deputy

After a 16-year run as legal chief of Brown-Forman, which owns the Jack Daniel’s and Woodford Reserve brands, Matt Hammel is retiring.

HP Enterprise Veteran to Captain Legal Team at Cargo Shipper Cargill

Rishi Varma, who has been part of the team at HP Enterprise since it was borne of the computing giant in 2015, will take the legal reins over at Cargill.

 

Promotions & Appointments:

People in the News—Jan. 9, 2024—Hangley Aronchick

Hangley Aronchick Segal Pudlin & Schiller is delighted to have elected Colleen Norcross as a shareholder.

King & Spalding Re-elects Robert Hays to Seventh Term as Chairman

Since Robert Hays took up the mantle of chairman of the firm in 2006, they have more than tripled its revenues and profitability and multiplied the number of offices they operates worldwide by four times.

Axinn Names DC-Based Antitrust Partner as Next Leader

The 100-lawyer firm, which is well known for its antitrust and litigation expertise, has represented numerous firms such Google, Tyson Foods, Ball Corp., Thermo Fisher Scientific and VMware. They have named Jeny Maier as their next managing partner.

People in the News—Jan. 10, 2024—Capehart Scatchard, Ogletree Deakins, Munley

Capehart Scatchard has announced that, Brian P. Berkoff; Daniel W. Klementowski; Vivian Marmaras; and Nicholas D. Stephens, who are from the firm’s workers’ compensation department, have been admitted as shareholders:

Hrelic, Marafito and Zeid Promoted to Members at Pullman & Comley

Dana Hrelic, Michael Marafito and Zachary Zeid have ascended to the position of members from the professional liability, property tax and employment law practices.

Hopeful on 2024 Market, Klehr Harrison Appoints New Real Estate Leaders

Klehr Harrison managing partner Brad Krouse stated that “These are three leaders with separate skillsets that really complement each other,” he also said that “They’re leaders in their respective practice areas, which ultimately gives us a much broader reach at the leadership level.”

Buchanan Taps Real Estate and Bankruptcy Chair as Next CEO

Pittsburgh-based shareholder James Newell will take over from Philadelphia-based Joe Dougherty in May.

M&A Lawyer Takes Second Turn as Global Chair for Norton Rose Fulbright

Walied Soliman has previously served as global chair in 2019 and has been chair of the firm’s Canadian arm since 2017.

 

Mergers & Alliances:

Texas-Based Ferguson Braswell Launches in Orange County Via Merger

Kyle Ferguson, CEO of Ferguson Braswell has stated the firm’s goals, which are to establish a full-service office in Costa Mesa, where there is a “strong middle-market industry” and “a lot of wealth and opportunity.”

Paladin Rings in 2024 With Pro Bono Manager Acquisition, New Partnership

This Pro Bono Manager has highlighted Paladin’s first-ever acquisition and will provide the company with the opportunity to expand its network and access more pro bono data and insights.

Barclay Damon Combines With DC-Based Shapiro, Lifschitz & Schram

Barclay Damon has been keen on the idea of expanding its footprint in the D.C. market for a considerable amount of time in an effort to advance the firm’s regulatory experience at the federal level.

Kilpatrick Merges With Chicago Law Firm, Significantly Expanding Corporate Practice

Henry Walker, CEO of Kilpatrick said that HMB’s expertise in mergers and acquisitions and private equity “enhances the depth and breadth of Kilpatrick’s corporate department,” Henry is ranked No. 90 in the Am Law 100.

 

Office Openings & Closing:

More Law Firms in New York Opt for Larger Spaces

Paul Weiss and King & Spalding are among the latest firms to secure new, larger spaces in New York.

Pace of Law Firm Office Leasing Picked Up in Late 2023, With More Firms Shedding Space

Bryan Cave Leighton Paisner decreased its space by 73% by shedding two full floors, after acquiring a new office lease in D.C.

Cozen O’Connor Launches DEI Strategies and Solutions Practice

Group leader Simeon Brier has been reported as saying, “One of the fundamental things that we receive are clients who have solely relied on a law firm or solely relied on a consultant,” Simon Brier is based in South Florida and followed up his previous statement saying, “It’s hard to operate with the left arm not knowing what the right arm is doing.”

Marc Mukasey’s Law Firm Announces Rebrand as Mukasey Young

This change is occurring after co-founder Robert Frenchman departed and Torrey Young has been elevated to a name partner.

 

Financials:

As Billing Rates Soar, Law Firm Clients Move to Spread Work Around

According to a new industry report, “Many law firms have seen their ability to collect on those increasing rates falter, and clients have become more aggressive about trying to tier work to lower-cost firms”.

Top Big Law Partners Are Earning More Than $2,400 Per Hour, as Rates Continue to Climb

According to recent bankruptcy court filings, Dechert has been reported as increasing rates for top partners by 20%, while McDermott is charging top partners out at $2,590 hourly.

Law Firms Embracing ‘Hoteling’ to Save On Office Lease Costs

Workplace strategies in many law firms have been shifting; flexibility, balance, space efficiency, and attorneys/staff that work remotely more than pre-pandemic are gaining relative normality.

Paul Weiss Hides Partner Pay Inside ‘Black Box,’ as Firm Shells Out for Top Laterals

A non-transparent pay system has been adopted as firm leaders seek to decrease internal tensions as the spread of compensation develops.

Associates See a Pay Boost at Largest Law Firms, but Few May Match in Atlanta

Both Alston & Bird and King & Spalding are increasing associate pay to the top market scale, however other Atlanta-based law firms have not been confirmed to be doing the same.

Quinn Emanuel London partner profit averages £5.3m in stellar year

Quinn Emanuel’s average London partner profit has increased to £5.3m in 2023. This increase is congruent with the standout year the US litigation law firm have had.

 

Technology & Innovation:

Are Tomorrow’s Lawyers Prepared for Legal’s Tech Future? 4 Recent Trends Shaping Legal Education?

Advanced legal technology means little if attorneys don’t know how to use it. Whilst some key law schools are impacting change in efforts to mitigate that issue, others are falling behind in this particular area.

Automation and Algorithms: How Pierson Ferdinand Aims to Build a New Type of Law Firm

Pierson Ferdinand, a new law firm which has been launched by the managing partners from FisherBroyles recently, has sought to build legacy systems that can stay flexible enough to accommodate future needs, and automate as much non-billable work as efficiently possible.

The EU AI Act Will Transform Practices for AI Governance In the U.S.

The EU AI Act sets in writing one of the world’s first comprehensive attempts to provide governance to unlock innovation in AI. But this beckons a question that has been in the forefront of the mind of many US firms and practices, what exactly does this development mean for their businesses?

A Tale of Two Nations: How China and the United States Confront Generative AI Challenges

Legislative bodies across the world have exercised their authority to harness GenAI’s transformative power and mitigate potential risks. This divergence is exceedingly clear when we compare the GenAI laws enacted in the People’s Republic of China with the growing efforts of President Biden and Congress to react to these new challenges.

Generative AI May Be in the Spotlight, but Search Terms Still Dominate in E-Discovery

Generative AI tools are becoming more and more popular, subsequently they should be researched, studied, and ultimately embraced if proven for their ability to assist lawyers with legal tasks, however, they first must be properly and accurately trained, tested, and verified.

 

Diversity & Inclusion:

More Judges, Less Diversity: 92% of Kemp’s 2023 Judicial Appointments Are White

Minorities have been stated to account for 8% of state court or higher judicial appointments made by Gov. Brian Kemp in 2023. This figure is a sharp drop from 30% in 2022.

Women in Academic Leadership Still Face Systemic Barriers

“The legal academy was not built for anyone other than white males,” this was a statement made by Nicola Boothe, dean of the University of Illinois Chicago School of Law, during the AALS session. She followed that statement up by saying that “there are always going to be opportunities for us to feel that we do not belong in this space.”

Many Companies Doubling Down on DEI Despite Backlash

A new study by Littler Mendelson found that companies are determined to press on with their DEI initiatives, however it also found that companies are avoiding “legally thorny” practices, for example providing incentives to executives to advance diversity.

St. John’s Law Names First Black Dean To Succeed Longtime Dean Michael Simons

The incumbent dean Jelani Jefferson Exum said in a statement, “I’m honored to serve as the next dean of St. John’s Law”.

Women Make Up the Majority of Associates for First Time

Based on figures which have been broken down in accordance to geographical location, Miami holds one of the highest percentages of female associates, their numbers constitute 55% of the associate population, Phoenix comes in at a close second, with 54% women associates, while St. Louis trailed behind in last place.

Combating the Tide of Anti-LGBTQ+ Laws and Regulations

The chair of the LGBTQ+ Law Section, Samuel W. Buchbauer, stated that “Providing a state-wide community for LGBTQ+ identified legal professionals and allies through CLE programming, live events and advocacy work strengthens our Section’s purpose to promote equality in the law for LGBTQ+ people”.

Taking Steps to Combat Antisemitism and Anti-Asian Hate

The co-chairs of the Task Force on Combating Antisemitism and Anti-Asian Hate, Brian S. Cohen and Vince Chang have been reported as saying that their “task force has focused on statutory changes to address the hate crimes crisis and the problem of Internet hate speech, responses to the underreporting of hate crimes and an educational initiative to combat racial harassment and discrimination in schools”.

 

Market Commentary:

How Effective are Legal Networks in the African Market?

Local firms are joining independent networks in order to remain competitive in the face of international competition, however many experts disagree on the usefulness of these legal networks.

Well-Being and Engagement: Why a Firm Needs to Prioritize Both

This article discusses the balancing of two key areas of importance namely that Law firm leaders must keep in mind the concept of engagement to create a healthy, high-achieving work environment. It discusses how “wellness and engagement are not interchangeable terms”.

In-House Lawyers May Get Chance to Dust Off Their Dealmaking Prowess in 2024

In a new report that has been published, Morrison & Foerster have been reported as saying that “Savvy companies … are expected to look for ways to effect strategies for growth, including by expanding product lines, and to enhance performance, including by divestitures, in the face of technological and other disruptions,”.

Sullivan & Cromwell Led 2023 M&A Activity in Latin America

The firm is New York-based but also ranked high in the Caribbean despite last year being a slow year globally for cross-border transactions.

Clifford Chance Mulls Lockstep Change to Better Reward Top Performers

The anticipated change is projected to help it to retain its strongest performers in an increasingly monied hiring market, many might suggest that this is an important move for them as recently, star talent has been exiting the firm.

DLA Piper leads global M&A for 14th consecutive year

According to Mergermarket’s league tables, DLA Piper is the highest-ranked legal advisor in the world for M&A deal volume they have received this accolade for the 14th consecutive year. Despite a down market for global M&A in 2023, DLA Piper continued to gain market share and completed more deals than any other firm.

Moves:

UK & Ireland

Paul Weiss Hires Clifford Chance Partner Duo Amid Breakneck London Expansion

The firm has set in motion one of the fastest and highest-profile expansions in the City in recent years hiring a top PE duo, Chris Sullivan an M&A partner and Taner Hassan a Leveraged Finance Partner.

Linklaters London Capital Markets Partner Walks to Reed Smith

Linklaters lifer Mark Drury has left for Reed Smith he joins the financial industry group as a Capital Markets Partner. The move comes just days after the firm parted ways with a partner duo bound for Paul Weiss and Skadden.

Simpson Thacher Hits Travers Again for Latest London Partner Hire

Katie McMenamin a Travers lifer has joined as a Partner in Simpson Thacher’s fund finance practice. The firm is rebuilding in London following the shock exit of two long-standing partners to Kirkland & Ellis two months ago.

White & Case secures Macfarlanes partner to head London white collar team

Neill Blundell joins from Macfarlanes’ where he led the corporate crime and investigations practice.

Paul Weiss unveils latest top-level London lateral: Linklaters’ ex-antitrust head

Paul Weiss has hired Nicole Kar in London; Kar was Linklaters global head of antitrust.

EMEA

Garrigues Loses Partner to Deloitte Legal, Promotes 16 and First Female Senior Partner

Luis Collado Moreno had been at the firm for almost two decades.

King & Spalding Swipes Duo from Ashurst to Abu Dhabi

King & Spalding has hired Ashurst’s former Head of Corporate, Middle East, Simon Fraser and Senior Associate Matt Hartsuyker who is joining as a partner.

Signature signs up former Dechert arbitration partner in Paris

Philip Dunham has joined Signature Litigation as an International Arbitration Partner from Dechert, he was a member of the 13-strong arbitration team which quit Dechert last month.

APAC

HSF’s China Joint Operation Firm Disputes Head Joins Singapore Big 4 Firm

Rajah & Tann Singapore has hired Hew Kian Heong as an International Arbitration Partner in China as they celebrate 20 years of their Shanghai office.

Stephenson Harwood Further Expands Greater China Practice with Partner Hires from Zhong Lun and Ping An

Dorothy Siron, a long-time partner at Beijing-based Zhong Lun Law Firm, and Danny Kan, an in-house counsel from Chinese financial services group Ping An, are joining the U.K.-headquartered firm as partners in Hong Kong.

Malaysian Boutique Becomes First Local Firm to Add KC to Bench

Malaysia’s LCWP becomes country’s first firm to boast KC in ranks. Arbitration expert Ng Jern-Fei has joined Malaysian boutique Lim Chee Wee Partnership (LCWP), making the latter the country’s first law firm in Malaysia to have a King’s Counsel.

Australia’s Corrs Takes Capital Markets Partner from KWM

Jo Dodd will join the firm’s Sydney office in February. Jo is a leading Debt Capital Markets lawyer and will be joining the firm as a Partner.

Kennedys adds 12-strong insurance team in Sydney from Clyde & Co

Kennedys have bolstered their insurance offering with the hire of a team of 12 from Clyde and Co in Sydney, the move follows Lucinda Lyons ex-Clyde’s Managing Partner who moved to Kennedys in early December. The team is comprised of special counsel Con Kakakios, two senior associates, four associates, a trainee and four support staff.

The Americas

Shearman’s Co-Managing Partner Leads Team Move to Linklaters in New York

The six-person team is departing ahead of the firm’s merger with Allen & Overy, which will see A&O leaders take charge of the combined firm.

Greenberg Traurig Scoops Up Transactional Trio From Seward & Kissel

Banking, finance, and restructuring lawyer Kalyan Das has joined Greenberg Traurig LLP along with Sharon Calay and Andrew Silverstein. They join from Seward & Kissel, where Das spent over three decades and was head of the global bank and institutional finance & restructuring practice.

Epstein Becker Adds M&A Specialist to Health Care Practice in Nashville

Wes Scott joins as a Member of the Firm from Nelson Millins where he led their M&A practice. The firm’s comparatively large national healthcare practice gives him “a catalogue of resources I have never had before,” Wes Scott said.

Davis Polk, Quinn Emanuel Add Top In-House Talent to White Collar, Corporate Governance Practices

William Hochul, husband of New York Gov. Kathy Hochul, heads to Davis Polk’s White-Collar Defence & Investigations practice as a Counsel, while Quinn Emanuel hired Indigo GC Paul Dacier as Boston Partner.

Willkie adds private equity partner in Houston from Shearman & Sterling

Energy specialist Sarah McLean joins ahead of Shearman’s merger with Allen & Overy as a Partner in the Corporate and Financial Services department and Private Equity practice in Houston, Texas.

Paul Weiss M&A Co-Chair Heads to White & Case

Taurie Zeitzer has joined White & Case’s Private Equity group in New York from Paul Weiss where she was co-head of the M&A group.

In-House

Walgreens Legal Chief Departs After CEO Change

Danielle Gray is moving on one year after she helped the drugstore giant resolve opioid litigation by agreeing to pay $5.8 billion over 15 years. She will be succeeded by Chief Compliance and Ethics Officer Matthew D’Ambrosio.

Lynsey Murning Gregory is joining K3 Capital

After serving ten years with HSBC, litigation lawyer Lynsey Murning Gregory is joining K3 Capital Group & Quantuma as their General Counsel of all the entities.

Startup Veteran Joins Fintech Star Chime as Compliance Chief

Shara Chang joins Chime from proptech firm Divvy Homes, where she served as chief legal officer for more than a year, overseeing legal, compliance and HR functions. Prior to that, she was general counsel and chief compliance officer at Peach Finance, associate general counsel for privacy and product at Meta, and first product counsel at fintech Affirm.

Olympus Replaces GC Who Rebuilt Legal Function After Historic Scandal

Veteran Cigna lawyer Neil Boyden Tanner is taking the legal reins of the optics and medical company from Donna Miller. “Filling Donna’s shoes is an honour I don’t take lightly,” he said.

Longtime GC of Biotech That Discovered Leading Hep-C Cure Announces Retirement

Nathaniel Gardiner will retire at the end of March 2024, after 28 years with Entata Pharmaceuticals.

Legal Chief Who Helped Bumble Champion Reproductive Rights Exiting for New Post

During Laura Franco’s three years as chief legal and compliance officer, the Texas-based company often was in the headlines speaking out against new restrictions on abortion.

Neiman Marcus CLO to Head Legal for Newly Formed Research Behemoth

After holding key roles in banking, the home-improvement industry and retailing, Hannah Kim is taking the legal reins of Circana, an $8 billion consumer research firm formed through the merger of Information Resources Inc. and NPD Group.

Former ASOS Legal Head Moves to Thailand for Next GC Role

Anna Suchopar left her role at the clothing retailer early last year and will now head the legal team at online travel agency Agoda.

Promotions & Appointments:

Barley Snyder Elects First Female Managing Partner

Jennifer Craighead Carey took over from Jeffrey Lobach, who’d served a decade in the role, on Jan. 1.

Duane Morris Appoints West Coast Litigator as Co-Leader of Largest Practice

A Duane Morris litigator in California is now overseeing the firm’s trial practice lawyers after the Philadelphia-founded firm appointed bicoastal leadership in its largest department. Stephen Sutro, who has served as managing partner of the firm’s San Francisco office for almost a decade, succeeds Philadelphia-based Wayne Mack, who led the more than 400-lawyer trial practice group since 2018 alongside Philadelphia-based Sharon Caffrey. Caffrey will remain as co-chair while Mack takes a chair emeritus position, leaders at the firm said. The changes were effective Jan. 1.

Holland & Knight Promotes 46 to Partner, Boosting Corporate, Litigation Practices

Holland & Knight announced its latest round of partner promotions, reflecting a slight decrease in partner promotions compared to last year and a sharper focus on northeast markets.

Troutman Pepper Appoints Six New Office Managing Partners

Pennsylvania-based construction attorneys Joseph Imperiale and Robert Gallagher are now leading the firm’s Philadelphia and Pittsburgh offices, respectively, while white-collar attorney Charles Peeler will head up Atlanta. Adrienne Thompson will head up Portland, Tate Tischner Rochester and Christopher Jones Washington D.C. These appointments coincide with Amie Colby officially stepping into the role as firmwide managing partner and Tom Cole assuming the role of chair.

Half of Newly-Elected US Partners at Eversheds Sutherland in Atlanta Office

Eversheds elected eight U.S. lawyers to partner for 2024, following just one election last year.

Jones Day’s New Partner-In-Charge of Australia to Lead from Los Angeles

Trial lawyer Christopher Lovrien has been named Partner-In-Charge of the firms Australia region he will lead from the firms LA office.

Sidley, Quinn, Cadwalader Announce Latest Global Partner Promotions

Cadwalader, Quinn and Sidley have announced which partners have made the cut.

Linklaters’ China Joint Operation Firm Elects New Managing Partner

Richard Gu replaces Eric Liu who recently defected to Beijing-based Haiwen & Partners.

Baker Botts Reshuffles Non-US Leadership, Appoints London Head

The appointments include new heads in Dubai and Riyadh.

Al Tamimi Appoints New Managing Partner

Jody Waugh replaces Samer Qudah, who served in the position for four years. Jody Waugh has been with the firm for over 16 years and prior to his appointment was Head of Banking and Finance.

BonelliErede Names New Management Board and Promotes 7 to Partnership

The moves are part of a previously announced leadership transition to shepherd the Global 200 firm through the implementation of a new multi-year strategic plan starting in January.

Latham & Watkins’ Mark Austin Awarded CBE in New Year Honours List

A small number of legal professionals, including the GC of Standard Chartered bank, a Doughty Street chambers barrister and a senior lawyer at the SFO, were also recognised in the 2024 list.

Mergers & Alliances:

Personal Injury Firm McLaughlin & Lauricella Set to Join Feldman Shepherd

Almost two years after firm co-founder Slade McLaughlin’s death by suicide, managing partner Paul Lauricella is moving his firm’s practice over to the Philadelphia personal injury mainstay.

Law Firm Mergers Began With a Boutique Bash. Will the Party Continue in 2024?

A&O’s tie-up with Shearman could be a harbinger of more U.K.-headquartered firms expanding into the U.S.

Office Openings & Closing:

China’s Han Kun Breaks into U.S Market with New York Office Launch

Earlier this year, the firm made its international debut via a launch in Singapore.

Japan’s TMI Associates Launches New Indonesian Office With Local Alliance

TMI Associates, one of Japan’s largest law firms, opened an office in Paris earlier this year.

Akin Winds Down Beijing Office

Akin will continue to practice in Hong Kong and Singapore, its two other offices in Asia.

Paul Weiss Signs 765K-SF Lease in Midtown Manhattan

This is the largest office lease in the US for the year, according to the owners.

Looking Back at the Law Firms That Didn’t Survive 2023

From Stroock to Schnader, firms that failed struggled with common issues of recruitment, retention and financial obligations.

China’s Han Kun Breaks into U.S Market with New York Office Launch

Earlier this year, the firm made its international debut via a launch in Singapore.

Japan’s TMI Associates Launches New Indonesian Office With Local Alliance

TMI Associates, one of Japan’s largest law firms, opened an office in Paris earlier this year.

Peruvian Tax Law Boutique Opens Office in Spain

Zuzunaga & Assereto Abogados has launched an outpost in Barcelona—its first outside Peru.

Former FisherBroyles practice leaders take 130 lawyers for new spin-off firm

Pierson Ferdinand among largest law firm debuts in US history. Two former practice leaders at FisherBroyles have left to set up a new firm, taking more than 130 lawyers with them in a move they say marks one of the largest law firm debuts in US history.

Quinn Emanuel Plots Wilmington Office Opening, Hiring Local Counsel to Lead

Michael Barlow’s history of working with Quinn Emanuel’s litigators as Delaware counsel includes representing clients Mirae Asset Global Investments and Snow Phipps Group in the first two COVID-19 “busted deal” cases to go to trial.

Financials:

Georgia GC Compensation Remains Strong Following COVID-19 Decrease

“As in 2021, I think 2022 was also a great year financially for a lot of companies,” said Bob Graff, an Atlanta-based in-house recruiter and a partner with Major, Lindsey & Africa. “The stock market did pretty well last year. It’s not surprising that people met or exceeded their bonus targets and met or exceeded their equity targets.”

A&O and Shearman Offer Partners Financial Incentive to Stay with Combined Firm

The merger of the two firms is due to formally take effect in May 2024, with 99% of partners at both firms approving the plans in October.

Clifford Chance Top Earner Pockets Less as Staff Numbers, Costs Swell

The firm’s total number of partners and staff costs rose, as it continued to grapple with its pension liability, the latest LLP accounts show.

Eversheds Top Earner Pay Surpasses £3 Million, LLPs Show

The US arm of the firm has also made eight promotions across its American offices.

Technology & Innovation:

CMS’ Spanish Arm Becomes Latest Victim of LockBit Cyber Attack

The same attackers were behind a data breach at Allen & Overy last month, with experts at the time suggesting the firm may have to pay out several million to avoid confidential information being published.

Hackers Increasingly Infiltrate Software While It’s Still in Development—Before Guard Is Up

“Not only is this terrifying because it can happen to any organization that’s building software, but it’s actually also incredibly difficult to detect,” said Dan Draper, founder of CipherStash.

Morgan Lewis to Shape Thomson Reuters AI Products Through New Partnership

“We’re going to be working with [Thomson Reuters] on a whole suite of AI-powered tools,” said chief knowledge and management and practice services officer Colleen Nihill. “Because of Morgan Lewis’ depth and breadth across multiple geographies, I think they saw us as being well suited to all different use cases.”

As AI Hype Train Rolls On, Regulators on High Alert for ‘AI Washing’

“One thing we know about hot marketing terms is that some advertisers won’t be able to stop themselves from overusing and abusing them,” FTC attorney Michael Atleson wrote in a blog post.

Embracing Innovation: 7 Major Law Firm Tech Developments in 2023

From a host of law firm-created generative AI chatbots to new innovative client offerings and the launch of another law firm legal tech subsidiary, this year showed that law firms are confidently embracing their place in the legal technology market.

Allen & Overy Partners with Harvey, Microsoft to Create ContractMatrix Tool

Over 1,000 of the firm’s lawyers are already using the tool internally, and five clients have already agreed terms for a January launch, the firm said.

Diversity & Inclusion:

Why Jews Belong Under The Diversity, Equity and Inclusion Umbrella

“Including Jews under the DEI umbrella would accomplish three things. First is education. Providing more knowledge could bring more understanding. Second is bridging differences. Fostering communication will help build relationships and facilitate productive dialogue. Third is community. Jews need a safe space to connect and explore the range of experiences we are facing.”

Market Commentary:

Turnover in Big Law Leadership Manifests as ‘Great Growth Race’ Kicks Into High Gear

At least 30 large law firms have announced some kind of leadership transition within the last year or so. “It’s been an exciting but challenging and exhausting few years,” noted one Am Law 100 leader.

Going Beyond Fear: The Next Phase in Addressing Attorney Mental Health

In 2012, I tried to take my own life and then learned that I had been for, well, a long time, been dealing with undiagnosed and untreated bipolar disorder. Along the road to my attempt, I did some unethical things, and consequently had some time away from the law.

Corporate Transparency Act: Effect on Middle Market Mergers and Acquisitions

Given the CTA’s sweeping scope and the extensive information required for compliance, the new legislation will undoubtedly have significant impacts on middle market M&As moving forward.

Are You ESG-Prepared? Statistically Speaking, Probably Not!

“This growing focus on ESG is likely linked to the pandemic and climate crisis, so that investors and policymakers have realized the importance of at least tracking ESG-related data and metrics as they struggle to adapt to a rapidly changing world,” Pacesetter Research analyst Ruth Sierra said.

Canadian Deal Lawyers Confident They’ll Be Busier in 2024

While 2023 had fewer transactions than the past few years, they were more complex and required more lawyer hours to complete.

The Best Advice We Heard From GCs in 2023

With top in-house lawyers increasingly being part of the C-suite, they bring more to the table than just their legal expertise. Efficient knowledge sharing is essential in that process.

8 Stories That Changed the Legal Industry in 2023

From A&O Shearman to Israel-Gaza—here are our picks for the biggest stories of the year.

Law Firms Seek Flexibility in Revised Partner Comp Systems, Balancing Seniority With Productivity

Though firms have different approaches, the momentum in partner compensation is heading toward merit-based rewards to compete for rainmakers and grow profitability.

In 2023, Group Lateral Moves Proved Economy-Proof as Firms Advanced Strategic Growth

“The big group moves are driven by the stars that are part of those groups,” said Macrae recruiter Justine Donahue. “The high rainmakers can command a group to move with them based on their clients and their brand name.”

New Year, New GCs: These Companies Have Fresh Top Lawyers

Big names such as Walmart and Smithsonian, generative artificial intelligence innovators and more will ring in the new year with new legal department leadership.

Who Were the Winners in 2023?

Find out who topped the rankings and scooped all the accolades in 2023—hardly the most straightforward year on record.

Sachdev to Shawyer: The UK’s Most Influential Hires of 2023

The year was awash with team hires, star exits and English law debuts, as certain big-name moves even prompted the industry to question one particular firm’s very survival.

Senior Partners—Retention, Not Cyber Crime, Is Your Biggest Issue in 2024

Cyber threats are real and dangerous—but good old fashioned retention is number one, and goes to the very heart of your firm’s success and survival, writes The Global Lawyer.

‘Without It, Some May Have Left’: Slaughters Associate Illuminates Firm’s Reduced Hours Policy

The scheme, which goes firmwide this week, offers associates “a real chance to reset their career”, said Michael Craig, a disputes and investigations associate

The year 2023 was a dynamic and competitive one for the big law market, as firms sought to expand their capabilities, attract top talent and increase their profitability. Here are some of the key trends and developments that shaped the legal landscape in 2023.

 

Lateral hires: The demand for experienced lawyers remained high, especially in practice areas such as corporate, litigation, intellectual property, antitrust and regulatory. Many firms made strategic lateral hires to strengthen their existing teams, enter new markets or diversify their services. Some of the notable lateral moves in 2023 were:

– Chris Thel and team of 6 others joined K&L Gates as partners in the corporate and private equity practice, after leaving Dentons. Thel and team are all leading Corporate lawyers who are recognised as leaders in the private equity, tax, M&A/transactions, and benefits and exclusive compensation areas.

– Michael Urschel and a team 9, 2 partners and 7 associates left King & Spalding to join Milbank in the Structured Finance Practice. Urschel’s group is renowned for focuses on whole business and digital securitisations.

– Neel Sachdev was unarguably one of the biggest London lateral moves this year, hailed as one of London’s last rainmakers he left Kirkland to Paul Weiss this was one of the biggest power grabs with Neel and team resigning on an August Sunday, this saga of moves between the two firms has had us gripped since August and the dust is still yet to settle, the current count is 35 lawyers following Neel with the latest two moving last week.

 

Financials: The big law market continued to grow in 2023, as firms reported higher revenues, profits and profits per partner (PPP). According to the American Lawyer’s annual ranking of the top 100 U.S. law firms by revenue, the total revenue of the Am Law 100 increased by 7.5% to $115 billion, while the average PPP rose by 8.2% to $2.7 million.

 

PwC UK summarised that the legal sector as a whole has had a very strong year with firms achieving an average of 8-10% fee income growth and firms remaining largely optimistic about future growth. However, the last year has continued to be turbulent with ongoing macroeconomic volatility, increasing cost pressures, and high inflation. Next year, pricing will remain a key focus area as cost pressures could lead to a fall in profits.

 

Mergers: The big law market witnessed several mergers and combinations in 2023, as firms sought to enhance their global presence, broaden their practice areas, and leverage their synergies. Some of the major mergers and combinations in 2023 were:

– Allen & Overy and Shearman & Sterling was the biggest merger of 2023, the deal is worth $3.4 billion and created one of the largest legal practices in the world with approximately 3950 lawyers and 800 partners across 48 offices. This huge transatlantic deal is expected to close in May 2024.

– Holland & Knight were the first big 2023 merger when in January it was announced that they would be merging with Nashville based Waller Lansden Dortch & Davis. The deal created a firm of nearly 2000 lawyers operating under the Holland & Knight name, as a firm that has consistently grown through mergers it will be very interesting to see where Holland & Knight grows next.

– Fieldfisher announced December of this year that they would be ending their seven-year arrangement with Italy’s SASPI, due to ‘’strategic objectives no longer being closely aligned”, does this mean that we should expect to see a new merger or alliance from Fieldfisher next year in the region?

Moves:

UK & Ireland

Quinn Emanuel Bolsters London Base with MoFo Partner Hire

Although this firm rarely hires partners in London, they have added a new arbitration partner, Gemma Anderson.

Paul Weiss and Skadden Swoop on Linklaters Partner Duo

Linklaters have made many notable hires in recent months, but the loss of Nicole Kae and Noel Hughes is unlikely to go unnoticed.

Ireland’s Matheson Strengthens London Ranks with Former Kirkland Partner

After a 15-year stint with Kirkland & Ellis, Rory Mullarkey joins the firm’s London base.

McDermott Bolsters London Partnership with King & Spalding Hire

This hire comes not long after another partner joined from Kirkland & Ellis.

Skadden makes second finance hire this month

Noel Hughes has been added to bolster Skadden’s finance and M&A offering. This is the second move after Sebastian FitzGerald joined their leveraged finance team.

Paul Weiss Snags Linklaters’ Global Antitrust Head in London

This article discusses how Nicole Kar has been hired to head Linklaters’ global antitrust team. This has been described as a major and unprecedented move.

Reed Smith secures capital markets partner in London from Linklaters

To bolster their capital markets offering in London, Reed Smith has hired Mark Drury from Linklaters.

EMEA

Pérez-Llorca Builds Up Lisbon Operation With 17 Hires

The Lisbon office has received a bolster with a team of ten lawyers, six partners and one counsel.

Baker McKenzie Looks to Hengeler for Latest Germany Partner Hire

This move will be the third time Baker McKenzie have poached a partner from Hengeler Mueller in the last three years.

Is Poland the Next Growth Market for Multinational Law Firms?

Recent developments across a multitude of areas have helped drive the legal scene in Poland. This information comes directly from practicing legal partners in Warsaw.

Clyde & Co raids Dentons for Poland debut with 20-strong team

Out of this team of over 20 lawyers looking to open Clyde & Co’s Warsaw office, two of them are former Dentons lawyers and one is a current Dentons lawyer.

APAC

China’s DeHeng Law Offices Add Paul Hastings Partner in Hong Kong

This follows the trend that many Chinese Law firms have adopted of making concerted efforts to add partners from international law firms.

Pillsbury Replenishes Hong Kong Office with Newly Promoted Partner

Michelle Ng, a counsel who specialised in disputes has relocated from New York to Hong Kong.

Asia Moves: China’s Han Kun Lands King & Wood Mallesons Partner; Allen & Overy and Hill Dickinson Add Partners in Singapore

This article is a compilation of some of the most recent lateral moves across Asia.

Former Davis Polk Partner Becomes Hong Kong Exchange’s First Woman Chief Executive

Bonnie Chan has been with the firm since 2010 and helped launch their Hong Kong office, now she is stepping up to the position of Chief Executive.

Baker McKenzie US Securities Partner Leaves Australian Practice

According to the sources within the firm, Cécile Baume is leaving to pursue other opportunities.

The Americas

Seyfarth Gets 5 White-Collar Lawyers, Including Practice Co-Chair, From Dissolving Stroock

James McGrath, the national chair of the firm’s litigation department has stated that they are “excited that this group of litigators has chosen to continue their careers at Seyfarth, where they can take advantage of our platform”.

Baker Botts Boosts Energy Transition Team with Shearman ‘Superstar’ in NY

Energy and Infrastructure partner Mona Dajani has moved to Baker Botts’ New York office from Shearman & Sterling to serve as their global co-chair of energy infrastructure and hydrogen.

Midsize Moves: Arnall Hires New Partner; Archer Appoints Partner Pair in Philadelphia

Elizabeth B. Davis has been hired as a partner in Arnall Golden Gregory’s environmental and health care groups. Also, Hodgson Russ has announced that they have acquired a team of 10 Ward Greenburg attorneys from Rochester, New York who will start on the 1st of January.

McDermott Welcomes Back Litigation Partner Following Stint with Miami-Dade County

Audrey Pumariega has been welcomed back with open arms after spending some time working on personal injury cases for the county.

Attorneys ‘On the Move’: Goodwin Adds M&A Partner; Phillips Lytle Names New Chief Information Security Officer

The number of attorneys that are being hired and promoted this week show us that change is occuring in New York.

King & Spalding Adds McKool Smith IP Litigator in Austin

Alfonso Chan has joined King & Spalding as partner after being a principal with McKool Smith.

Dentons’ Global CEO to Stand Down Next Year

Elliot Portnoy’s has made a solid impact on the firm which in turn has caused it to grow rapidly into one the world’s largest legal practices.

On the Move and After Hours: Fox Rothschild; Javerbaum Wurgaft; Cole Schotz; Epstein Ostrove; Barnes & Thornburg

Many moves are covered in this piece including the return of Epstein Ostrove to Fox Rothschild.

People in the News—Dec. 14, 2023—McNees

Charis Mincavage a well-known energy lawyer has been announced as McNees Wallace & Nurick’s newest member starting from January 1st, 2024.

In-House

For Newly Hired Pinterest GC, Path to Post ‘Has Been Anything But a Straight Shot’

Newly hired General Counsel Michele Lee has spoken about the trials and obstacles that she faced in her journey saying, “I’ve faced countless rejections and times when I’ve been told I wasn’t ready, I was too ambitious, not smart enough, too nice, or not nice enough”.

New Noom CEO Hires GC of Pennsylvania-based Meet Group

Incumbent Norman Petty has been praised by CEO Geoff Cook for his uncanny “ability to balance legal risk with the strategic needs of the business.”

On Heels of SurveyMonkey’s Sale, CLO Joins Star Data-Analytics Startup

Grafana Labs’ legal department will now be under the leadership of Lora Blum.

Promotions & Appointments:

PLW People in the News—Dec. 12, 2023—King Spry, Ogletree Deakins

Senior Counsel Brian J. Taylor has been named chair of the King, Spry, Herman, Freund & Faul law firm’s investigations and compliance services team. He will assume this position in Bethlehem, Pennsylvania.

Marshall Dennehey Announces New Casualty Practice Director

Howard Dwoskin will be replaced by Matthew Schorr as Casualty Practice Director, the largest department in the firm.

Increased Promotions for Jones Day and Norton Rose Fulbright

In the case of Norton Rose Fulbright, most of these promotions hailed from London, whereas in the case of Jones Day the promotions were primarily a mix of New York and Cleveland based ones.

5 New Georgia Judges: Kemp Makes Appointments to Superior Court Benches

Five lawyers have been appointed in the Atlanta, Cherokee, Coweta, Dougherty and Macon judicial circuits.

Jones Day names 51 new partners

Global firm Jones Day has announced that there will be 51 lawyers who will be promoted to the partnership. This action will take effect on the 1st of January 2024.

Sidley promotes 29 to partner in latest US-dominated round

Although this number is a step down from last years cohort of 42 lawyers, these promotions should strengthen the firm’s commercial litigation, global finance and corporate practices.

Arthur Cox appoints Ciaran Flynn to head governance team

Former KPMG director Ciaran Flynn has been appointed as Arthur Cox’s new head of governance, risk and compliance.

Sarah Reynolds takes reins of Kane Tuohy LLP

Sarah Reynolds has succeeded Cómhnall Tuohy as the managing partner of Kane Tuohy LLP, she will assume this role at the beginning of 2024.

Mergers & Alliances:

Eying Phila. for Growth, 3 Am Law Firms Pick Their Own Paths to Make a Mark in Established Market

Barnes & Thornburg, Goodwin Procter and Clark Hill have all been making moves through the form of mergers to make their mark in already established markets.

Auto Lender Ally’s Legal Chief Trades Up for CLO Post at NC-Based Truist

Truist was created following the merger of BB&T and SunTrust. Scott Stengel will be taking on the position of legal chief.

Miami Boutique Haber Law Absorbs Smaller Firm, Expanding into Niche Condo Practice

Haber Law managing partner David Haber said there are a couple of options for growth, “You can organically grow, which is very painful,” or “you can join forces with someone else that already has that infrastructure.”

Office Openings & Closing:

Haynes and Boone’s New Austin Office Boasts Location on Lady Bird Lake, High-Tech Amenities

Opting to stay downtown in Austin, Haynes and Boone have relocated to a state-of-the-art new tech office.

Financials:

How Some Big Law Firms Can Afford Associate Salary Raises

Following the recent trends of associate salary raises this article delves into how these global firms are offering such as salary scale and analyses the trends in PEP amongst them.

Logistics Industry Bankruptcy Cases: Yellow Corporation, Western Global Airlines

This article focuses on recent logistics industry bankruptcy cases of Western Global Airlines and Yellow Corporation.

Technology & Innovation:

The Fire Behind the Smoke: Understanding the Realities of Using AI to Improve ROI

Although it is undeniable that AI can improve efficiency, some are arguing that unfocused investments can expose inaccurate and misleading information.

Legal Professionals, AI and the Future of M&A Dealmaking

A dive into the potential challenges and benefits that the use of new forms of AI could have on M&A dealmaking.

EU’s New AI Act Will Create Wave of Work for Law Firms

New AI legislation that is being agreed on will generate extensive work for Big Law in the years to come.

Navigating the Tech Landscape in 2024: What Law Firms Should Expect

Adopting a mindset of agility and proactivity are key ways law firms can position themselves for success in today’s technology driven society.

Baker McKenzie AI Expert on Why the EU’s AI Act May Have Limited Impact

Lothar Determann discusses whether EU disciplinary compliance to AI is possible.

Legal’s Tech Maturity Isn’t (Yet) Meeting the Moment

Although it is undeniable that legal teams have become more tech savvy recently, many argue that tech maturity has not yet leapfrogged to meet the moment.

Diversity & Inclusion:

As Antisemitism Increases on social media, Some Look to Bar Groups to Wade In

Eric Wietz of The Weitz Law Firm stated that “We believe we need to stand up when people in our own community, in the legal community, engage in antisemitic hate speech”.

Incoming Phila. Bar Chancellor Aims to Ramp Up Organization’s DEI Efforts

Jennifer Coatsworth stated that she is “incredibly proud” of their association, but they have “more to accomplish”.

Allen & Overy, Sullivan & Cromwell Among Firms To Make It On Standard Chartered Diversity Task Force

A new task force has been launched by the bank’s head of legal in the hopes that they will improve diversity in the industry.

Quinn Emanuel makes up 14 partners in round dominated by women

Out of the 14 partners that have been promoted by Quin Emanuel Urquhart & Sullivan, 70% of them are women.

Market Commentary:

‘Tough-Guy’ Mentality Of Leadership Is Changing As Young Lawyers Shift Career Expectations

This article debunks myths about the habits and practices of up-and-coming lawyers and the impacts they are set to make.

Debate Over Third-Party Presence and Recording Devices at Defense Medical Examinations

This article discusses the methods and process of which the defence can have the plaintiff examined in product liability and personal injury cases.

The Challenge of Defending Product Liability Claims Arising From Workplace Injuries

Questions have arisen about how easy it is for equipment manufacturers to escape liability in cases where employees are injured while using powerful pieces of equipment in a contrary manner. This article discusses this.

Recruiting and Retaining Talent: Advantages of a Two-Tier Partnership Structure

It seems that many are arguing that the one tier partnership model has had its time and that in the current market, competitive challenges call for a two-tier partnership structure.

 

 

 

 

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