Law Firm Mergers

  • inequality RF

    Biglaw, In-House Counsel, Lateral Moves, Law Firm Mergers

    The Degradation Of Law Firm Quality

    Many law firms are basically incapable of true quality control. Here’s why, according to in-house counsel columnist Mark Herrmann.

    25 Comments / / Oct 28, 2013 at 10:28 AM
  • Jodi Arias

    Antitrust, Bar Exams, Biglaw, Books, Federal Judges, Job Searches, Law Firm Mergers, Law Schools, Locke Lord, Morning Docket, Murder, Patton Boggs, Sports

    Morning Docket: 10.28.13

    * Hot on the heels of news about Pillsbury’s talks with Orrick, we’ve got the scoop on yet another possible law firm merger. Patton Boggs has the urge to merge, and Locke Lord seems pretty receptive. [Reuters]

    * Three people who were optimistic about law school graduated with three very different results. One has a job, one is unemployed, and one failed the bar. Sadly, this seems pretty standard. [National Law Journal]

    * Lat’s going to be on vacation this week (lucky him), but while he’s gone you can check out his review of a new novel set in a law firm, The Partner Track (affiliate link) by Helen Wan. Enjoy! [Wall Street Journal]

    * A judge denied the NCAA’s motion to dismiss Ed O’Bannon’s antitrust lawsuit, noting everyone could “suck her dicta” concerning the Supreme Court’s notion that players cannot be compensated. [ESPN]

    * Jodi Arias wants to fire Kirk Nurmi, her lead attorney, claiming in a 12-page handwritten motion that he has an “utter poverty of people skills.” Her words hurt as much as her stab wounds. :( [Arizona Republic]

    6 Comments / / Oct 28, 2013 at 8:53 AM
  • two businessman shake hands

    Biglaw, Law Firm Mergers

    Proposed Merger To Create New Top 10 U.S. Law Firm In The Making

    Two firms issue a joint statement today announcing a possible mega-merger.

    12 Comments / / Oct 25, 2013 at 3:45 PM
  • Jodi Arias

    9th Circuit, Antitrust, BAR/BRI, Biglaw, Defamation, Law Firm Mergers, Morning Docket, Murder, Pregnancy / Paternity, Secretaries / Administrative Assistants

    Morning Docket: 10.25.13

    * Trouble in paradise, so soon? The proposed merger between Dentons and McKenna Long & Aldridge has been delayed. McKenna has postponed its partnership vote, and Dentons says no partnership vote was ever planned. [Daily Report]

    * Wherein a firm fails to Latham an ex-employee’s baby mama drama: a legal secretary who was allegedly told her pregnancy complications “were not [the director of HR’s] problem” will see her case against L&W move forward. [Blog of Legal Times]

    * You know that relations have grown bitter between opposing counsel when attorneys from one firm refer to lawyers from the other as “Monday Morning Quarterbacks.” The legal fee dispute in the BARBRI antitrust case rages on at the Ninth Circuit. [National Law Journal]

    * Paging ProudCooleyGrad: Kurzon Strauss, the firm that sued Cooley Law over its allegedly deceptive job stats, is trying to get records unsealed in the school’s defamation case that’s now on appeal. [MLive.com]

    * Convicted murderer and jailhouse hottie Jodi Arias is accepting donations for her appeals fund. It could be worth your while — if you donate enough, maybe she’ll consider turning you into her next victim. [HLN TV]

    3 Comments / / Oct 25, 2013 at 9:10 AM
  • white knight RF

    Biglaw, Lateral Moves, Law Firm Mergers, Midsize Firms / Regional Firms, Musical Chairs, Partner Issues, Partner Profits

    Riding To The Rescue Of A Troubled Law Firm

    Who’s the white knight riding to the rescue of Dow Lohnes?

    15 Comments / / Oct 15, 2013 at 2:20 PM
  • law-firm-mergers RF

    Biglaw, Law Firm Mergers, Partner Issues, Sonnenschein

    Supersizing Biglaw: Welcome to McDentons

    Some thoughts from Anonymous Partner on the Dentons/McKenna Long talks and the rise of the global mega-firm.

    9 Comments / / Oct 15, 2013 at 10:15 AM
  • constitution we the people

    Abortion, Barack Obama, Biglaw, Celebrities, Constitutional Law, Federal Government, Law Firm Mergers, Money, Morning Docket, Partner Issues, Real Estate, SCOTUS, Securities and Exchange Commission, Supreme Court

    Morning Docket: 10.10.13

    * “There are no magic bullets here.” Caught in a “trilemma,” President Obama is up against the wall and is running out of options. He soon might be forced to choose the least unconstitutional solution to the nation’s problems. [Bloomberg]

    * During the government shutdown, it certainly wouldn’t be worth it for furloughed employees to hire lawyers to fight their “essential” versus “non-essential” determinations — please, like they’ll be able to afford legal representation right now. [National Law Journal]

    * It seems some partners at both Dentons and McKenna Long & Aldridge aren’t fans of a possible tie-up, so they’re heading for the hills as fast as they can. Perhaps it simply wasn’t meant to be? [Am Law Daily]

    * It’s time for our favorite show, As the Weil Turns! Partners from various offices are departing for other Biglaw firms, and we can now confirm that Steven Peck is a new face at Proskauer. [Law360 (sub. req.)]

    * We told you last week that Matthew Martens of Fabulous Fab fame would be leaving the SEC, but now we know where he’s landing. Congrats on your new home at WilmerHale. [WSJ Law Blog (sub. req.)]

    * Ohio is the latest state to offer “hazy” abortion restrictions that skirt the very edge of Supreme Court jurisprudence in order to make women feel guilty about their own right to choose. [New York Times]

    * “Without makeup she looks like the Joker in Batman.” Joan Rivers is locked in a $15 million condo catfight with a Canadian socialite who isn’t afraid to pull punches. Meow! [New York Daily News]

    5 Comments / / Oct 10, 2013 at 9:08 AM
  • Supreme Court SCOTUS photo by David Lat

    Animal Law, Antonin Scalia, Biglaw, Federal Government, Federal Judges, Judicial Nominations, Lateral Moves, Law Firm Mergers, Morning Docket, Partner Issues, Pets, SCOTUS, Supreme Court, Trials

    Morning Docket: 10.08.13

    * Say what you will about Justice Scalia, but the man is hilarious — more funny than his four liberal colleagues combined, according to a statistical analysis of oral argument recordings. [New York Times]

    * The government shutdown is slowing down the judicial confirmation process, already famous for its speed and efficiency. [The BLT: The Blog of Legal Times]

    * More about news for Steven Donziger in his long-running battle with Chevron. Maybe it’s time to surrender, Steve? I hear Ecuador is a great place to retire. [New York Law Journal]

    * Law firm merger mania continues, as Carlton Fields combines with Jorden Burt. [Carlton Fields (press release)]

    * Herbert Smith Freehills says “you’re hired” to Scott Balber, the lawyer for Donald Trump who got mocked by Bill Maher on national television. [The Lawyer]

    * You might see your dog as harmless and cuddly, but the law might see your dog as a weapon (and rightfully so, in my opinion). [New York Times via ABA Journal]

    * Congratulations to all the winners of the FT’s Innovative Lawyers awards. [Financial Times]

    * And congratulations to Heidi Wendel and Deirdre McEvoy, high-ranking government lawyers headed to Jones Day and Patterson Belknap, respectively. [New York Law Journal]

    * Today the Supreme Court will hear argument in McCutcheon v. FEC, a major campaign finance case that some are calling “the next Citizens United.” Check out an interview with one of the lawyers behind it, after the jump. [UCTV]

    Marty Lasden of California Lawyer magazine interviewed the severely conservative James Bopp Jr. for the “Legally Speaking” series (in which I previously participated). It appears this interview with Bopp took place before Bopp got bumped from the podium in favor of Erin Murphy, a young superstar of the Supreme Court bar.

    8 Comments / / Oct 8, 2013 at 9:18 AM
  • NCAA Football 14 USE

    Biglaw, Billable Hours, Health Care / Medicine, Job Searches, Law Firm Mergers, Law Schools, Michael Jackson, Money, Morning Docket, Patents, Sports, Technology, Trials

    Morning Docket: 10.03.13

    * According to Altman Weil, law firm merger mania is on pace for record highs as firms desperately attempt to stave off financial problems by gobbling up smaller firms’ clients. [Am Law Daily]

    * The NCAA better watch its back: Jeffrey Kessler, the Winston & Strawn partner who helped bring free agency to the NFL, wants in on the potential case for unpaid college athletes. [Bloomberg]

    * Lawyers doing regulatory work are very afraid that the shutdown will decimate their fourth quarter billables because “[t]he longer it goes, the more problematic it will be.” Yay government. [Reuters]

    * GrayRobinson partner Philippe Devé is in need of a bone marrow transplant, and his firm is using its social media presence to crowdsource a donor. Will you lend a helping hand? [Daily Business Review]

    * UpCounsel has successfully raised $1.5 million in funding to beef up its international patent practice, proving the point that it costs a pretty penny to protect clients from the world’s patent trolls. [TechCrunch]

    * Law schools in New York State are feeling the pain of the drop in applications, and some are now willing admit that their graduates had to start “cannibalizing each other” in the job market. [New York Law Journal]

    * But really, so what if applications are down? Lots of law schools consider themselves lucky to be keeping the lights on with the assistance of generous alumni donations in the millions. [National Law Journal]

    * Another day, another “diploma mill.” Sorry to disappoint you, law students and alumni, but Charleston School of Law is moving forward with its plans to sell out to the InfiLaw System. [Post and Courier]

    * Who’s bad? Not AEG Live. A jury made up of people unable to answer yes or no questions during the reading of the verdict found that the concert promoter wasn’t liable in Michael Jackson’s death. [CNN]

    0 Comments / / Oct 3, 2013 at 9:03 AM
  • Networking

    Biglaw, Law Firm Mergers, Legal Ethics, Partner Issues, Partner Profits

    Be Afraid, Be Verein Afraid

    Are some law firms that use the verein structure running afoul of legal ethics rules against fee splitting?

    12 Comments / / Oct 1, 2013 at 4:28 PM
  • law-firm-mergers RF

    Biglaw, Law Firm Mergers, Partner Issues, Sonnenschein

    Law Firm Merger Mania: Dentons And McKenna Long Are Talking

    How big would the combined entity be? Very big….

    5 Comments / / Oct 1, 2013 at 1:37 PM
  • Amanda Knox

    Biglaw, Crime, David Boies, Federal Government, Gay Marriage, Health Care / Medicine, Law Firm Mergers, Law School Deans, Law Schools, Morning Docket, Murder, Ted Olson

    Morning Docket: 10.01.13

    * “The multimillion dollar question is: Is it going to happen and for how long?” Surprisingly, health care attorneys from large firms are being quite blasé about the Congressional battle over Obamacare. [Blog of Legal Times]

    * The 2013 Global 100 is out, and with an 8.6 percent growth in revenue, DLA Piper was able to really show the world the benefits of churning that bill, baby! We’ll have more on this news later today. [American Lawyer]

    * This is getting exhausting: Dentons, the three-way merger product of SNR Denton (a merger product itself), Salans, and Fraser Milner Casgrain, is in talks with McKenna Long & Aldridge for yet another merger. [Am Law Daily]

    * The director of the Commodity Futures Trading Commission’s enforcement unit will be stepping down to spend time more with family. The countdown until he returns to Skadden Arps starts now. [DealBook / New York Times]

    * Ted Olson and David Boies, perhaps more commonly known these days as the gay marriage dream team, will be working together to challenge Virginia’s ban on marriage equality. [National Law Journal]

    * Should law school be two years long? Kyle McEntee of Law School Transparency (3 points) is beating the pants off Northwestern’s dean (-4 points) in this debate. [Debate Club / U.S. News & World Report]

    * If you’re still considering applying for law school despite all of the warnings seen here and elsewhere, then you’ll probably want to follow this advice. [Law Admissions Lowdown / U.S. News & World Report]

    * The Italian Court of Appeal is retrying Amanda Knox of a crime she’s already been convicted and acquitted of, and the chances she’ll be extradited if convicted again are slim to none. Buon lavoro. [CNN]

    3 Comments / / Oct 1, 2013 at 9:15 AM
  • The ship be sinking?

  • gradenfreude

    Akin Gump, Biglaw, Federal Judges, Law Firm Mergers, Money, Morning Docket, Student Loans, Women's Issues

    Morning Docket: 09.23.13

    * Will adjudicate for food? With a little more than one week until the end of the fiscal year, the federal judiciary is facing down a “worst-case scenario” with respect to its budget. [National Law Journal (sub. req.)]

    * An unremarkable percentage of firms are led by women lawyers, but Kim Koopersmith of Akin Gump awaits a day when being a first woman in law won’t be “newsworthy.” [Capital Business / Washington Post]

    * Law firm merger mania, Heartland edition: Stinson Morrison Hecker did the do-si-do with Leonard Street & Deinard and will promenade home as Stinson Leonard Street in January. [WSJ Law Blog (sub. req.)]

    * Hearts are breaking on either side of the nationwide same-sex marriage debate, and county clerks are bearing the brunt of all the complaints. When will all states “bit[e] the bullet” and legalize it? [Reuters]

    * “The last time I went into court, I was wearing something that I got at Goodwill.” It turns out even geniuses are stupid enough to rack up hundreds of thousands of dollars in law school debt. [Los Angeles Times]

    2 Comments / / Sep 23, 2013 at 9:10 AM
  • Hope the football makes up for the unemployment.

    Alston & Bird, Biglaw, Celebrities, Facebook, Federal Judges, Law Firm Mergers, Law Schools, Morning Docket, Musical Chairs, Police, Privacy, Racism, Ted Frank

    Morning Docket: 08.13.13

    * In the latest round of musical chairs, Skadden Arps managed to scoop up products liability queen and top woman litigator Lisa Gilford from Alston & Bird. Congratulations! [The Recorder (sub. req.)]

    * Is merger mania a thing of the past? With pocketbooks tighter than ever, “pseudo-mergers” are starting to look great. No one will complain about more lawyers with less liability. [Legal Intelligencer]

    * Man, it’d be great if you could represent plaintiffs in a class action suit and keep all of the settlement funds without having to pay your clients a cent. Oh wait, you can actually do that? [New York Times]

    * “It shows he’s adventuresome and he’s got good taste.” Peter Zimroth, the lawyer appointed to oversee the reform of the NYPD’s stop-and-frisk policies, married very, very well. [Wall Street Journal (sub. req.)]

    * The ABA approved Texas A&M’s acquisition of Texas Wesleyan’s law school. Hello to the Texas A&M Johnny Football School of Law! We hope to see the Heisman of employment stats. [National Law Journal]

    * A judge says the woman who sued Paula Deen for racial discrimination was nothing more than an “accidental victim.” And like that, her race-based claims have melted away like butter, y’all. [ABC News]

    3 Comments / / Aug 13, 2013 at 9:14 AM
  • 170px-Pietro_Perugino_040

    Bankruptcy, Books, International Law, Law Firm Mergers, Law School Deans, Law Schools, Non-Sequiturs, O.J. Simpson, Technology

    Non-Sequiturs: 07.31.13

    * Daniel Chong, the student that the DEA locked in a cell and forgot about for a few days, has settled his lawsuit against the government for $4.1 million. No snark here, congratulations. [CNN]

    * Meanwhile, O.J. Simpson is getting parole (but not quite getting released yet). Here comes Naked Gun 4! [ABC News]

    * A Kenyan lawyer is challenging the trial of Jesus Christ at the International Court of Justice. [Legal Cheek]

    * Professor Paul Campos notes that from 2004-2013, it’s gotten much easier to get into law school. This year 80 percent of students applying to law school will get in somewhere. At least the profession is upholding its high standards. [Lawyers, Guns & Money]

    * DMX declared bankruptcy because bankruptcy actually makes it easier to get a passport. How is DMX broke? Are the residuals from Exit Wounds not paying the bills? [Grantland]

    * King & Wood Mallesons and SJ Berwin LLP are merging to create one of the largest law firms in the world. Dewey think a merger is a good idea? [WSJ Law Blog]

    * A follow-up on a previous item, checking in on the status of the petition to save the federal defenders one week in. [PrawfsBlawg]

    * A profile of the “eighth governor” of the Federal Reserve and Georgetown Law grad, General Counsel Scott G. Alvarez. I would say this is a fascinating look at a prominent regulatory staff member, but the article makes it clear that “regulation” is not exactly the Alvarez agenda. [DealBook]

    * Watch the dean of a law school defend a 0 percent bar passage rate. [ABC 33/40]

    * Another new resource out there — LawTrades. Basically, it’s ZocDoc for lawyers where lawyers can register and prospective clients can search for an attorney who meets their needs. [LawTrades]

    * What are the greatest legal novels of all time? The ABA Journal assembled a panel including our own David Lat and provided a list. You can disagree, but I see one of Archer’s favorites made the list (clip after the jump)…

    7 Comments / / Jul 31, 2013 at 5:01 PM
  • Sarah Jones

    Akin Gump, Biglaw, D.C. Circuit, Defamation, Department of Justice, Insurance, Job Searches, Law Firm Mergers, Morning Docket, Plaintiffs Firms

    Morning Docket: 07.09.13

    * Akin Gump partner Patricia Millett is willing to take a whopping pay cut to serve on the D.C. Circuit — from $1MM to $184K — and for that alone she should be confirmed ASAP. [National Law Journal]

    * With the number of law firm mergers in the last six months alone, we’re on a “potentially record-setting pace” for 2013. Hey, look at it this way: it’s cheaper than hiring and firing laterals. [Am Law Daily]

    * Three years later, the epic litigation between Debevoise & Plimpton and a former client continues to rage on. Now, allegations are being tossed around about a partner’s behavior. [New York Law Journal]

    * According to the Bureau of Labor Statistics, in June, the legal industry lost more jobs than it has in a single month since June 2011. Congrats, Class of 2013! welcome to the real world. [Am Law Daily]

    * In its defense, Standard & Poor’s claims its ratings were puffery, and that no reasonable investor would rely on them. Aww, poor widdle “sophisticated consumers of [investment information].” [Bloomberg]

    * For those of you practicing personal injury law in New York, this case is a bombshell. If you want to put the whole insurance industry on trial, follow the action here. [New York Personal Injury Law Blog]

    * Sarah Jones, the ex-cheerleader who sued TheDirty.com for defamation, was back in federal court yesterday for the beginning of her case’s retrial. What a way to start an engagement. [ABC News]

    2 Comments / / Jul 9, 2013 at 9:06 AM
  • marriage equality

    9th Circuit, Antonin Scalia, Ballard Spahr, Biglaw, California, Election Law, Elena Kagan, Gay, Gay Marriage, John Roberts, Law Firm Mergers, Minority Issues, Morning Docket, Patton Boggs, SCOTUS, Supreme Court

    Morning Docket: 07.01.13

    * Who is the real John Roberts? Will he forever be known as health care reform’s savior, or the man who disregarded precedent to gut minority voting rights? Hell if we know, so we’ll let you be the judge. [Opinionator / New York Times]

    * The man may be a mystery, but one thing’s for sure when it comes to Chief Justice Roberts: it’s fair to say that at this point, he’d sincerely appreciate it if his colleagues would kindly STFU during oral argument. [Big Story / Associated Press]

    * Elena Kagan, a justice who was never a judge, is now being praised for her ability to put the law into terms that non-lawyers can understand. That’s a score for law professors everywhere. [New York Times]

    * In terms of the Voting Rights Act, while the chances of the current Congress enacting a universal voting law are approximately nil, there are other effective avenues that could be taken. [New York Times]

    * On Friday, the Ninth Circuit lifted the stay on gay marriages in California, and less than 24 hours later, Prop 8 supporters filed an emergency motion with SCOTUS to stop all of the weddings. Lovely. [NPR]

    * Meanwhile, ex-judge Vaughn Walker thinks Justice Scalia’s having joined the high court’s majority on standing telegraphed the fact that he didn’t have votes to uphold Prop 8 as constitutional. [NPR]

    * Rubber stamp this: Judges on the Foreign Intelligence Surveillance Court are so upset that they’re being made out as government patsies that they’re talking to the press about it. [Washington Post]

    * Whether you think Chevron is “suing [Patton Boggs] lawyers for litigating” or for promoting fraud that “shocks the conscience,” here’s a summary of what’s going on in an epic case. [Washington Post]

    * Got a high-profile criminal defense firm? Look out, because you may have captured Biglaw’s eye. Take, for example, Stillman & Friedman, which will be merging with Ballard Spahr. [New York Times]

    * Apparently being in your mid-50s is a “good time to [retire]” for law deans who pull in six figures. Ken Randall, outgoing dean of Alabama Law, says he’s “really ready for the next challenge.” [AL.com]

    9 Comments / / Jul 1, 2013 at 9:08 AM

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