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Thursday, November 17, 2011

Y! Alert: The Am Law Daily


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The latest from The Am Law Daily


Freshfields, A&O Lead on Virgin's $1 Billion Bank Purchase from U.K. Top

Billionaire Richard Branson's financial services company will acquire Northern Rock, which was seized by the British government amid the financial crisis in 2008.

 
It's Always Sunny: Baker Donelson Enters Florida By Acquiring Six-Attorney Firm Top

The combination with Orlando's Litchford & Christopher gives Memphis-based Baker Donelson 18 offices overall and--following a move into Texas and the addition of a second outpost in Alabama--its third new location this year. 

 
Skadden, Simpson Thacher and Wachtell Lead on $860 Million Office Supply Merger Top

The three firms secured roles on MeadWestvaco's plan to spin off its office supplies business and merge it with rival Acco Brands.

 
Prominent Litigation Laterals Take on Prime New York Political Cases Top

A pair of top litigators hired this year by Chadbourne & Parke and Zuckerman Spaeder are providing legal representation to former New York State Senate Majority Leader Joseph Bruno and New York City Comptroller John Liu, respectively.

 
Citi's Third Quarter Report: Robust Collections, Slowing Demand Top

A quick look at the numbers for the first three quarters of 2011 suggests there is good news for the law firm industry--and some cause for concern.

 
Boies Not Only Veteran of NFL Labor Litigation to Stand Up for NBA Players Top

Berens & Miller, a five-lawyer Minneapolis firm that served as local counsel to NFL players in their antitrust suit against the league earlier this year, is now advising a group of pro basketball players in one of two antitrust suits they have filed against the National Basketball Association.

 
Former MoFo Partner Sentenced to One Year in Jail for Scamming Insurers, Schools Top

Jonathan Dickstein, a former life sciences partner in the firm's San Francisco office, was sentenced Tuesday to one year in jail for misappropriating $400,000 from health insurers and a local school district via a scam he and his wife concocted based on their autistic son's education and medical treatment.

 
The Careerist: Women Dominate New Partnership Classes at Wachtell, Cleary, and King & Spalding Top

Finally, a patch of good news: At several firms this year, women made up the majority of new partners.

 
As Sexual Abuse Scandal Swirls, Penn State Hires Reed Smith Top

The Am Law 100 firm with Pittsburgh roots will advise the university's board of trustees, which formed a special committee last week to conduct an internal inquiry into allegations that a former assistant football coach sexually abused young boys and that two top school administrators helped conceal his actions.

 
Fried, Frank in Court Over OWS; Advises on NYC Real Estate Deal Top

The firm, known for its real estate expertise, has been busy with two very different property-related matters this week, battling lawyers for Occupy Wall Street protesters in New York state court on behalf of client Brookfield Office Properties while advising another client on a deal involving AIG's Manhattan headquarters.

 

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