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Law Firms to Form Cybersecurity Alliance - As pressure to strengthen defenses against security breaches increases, at least five firms are working to form an alliance that would allow them to ultimately share information with each other about cyber threats and vulnerability. The group, which includes Sullivan & Cromwell, Debevoise & Plimpton, Paul Weiss Rifkind Wharton & Garrison, Allen & Overy and Linklaters, will be affiliated with the Financial Services Information Sharing and Analysis Center.
As pressure to strengthen defenses against security breaches increases, at least five firms are working to form an alliance that would allow them to ultimate...
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Ex-Bryan Cave Partner's Suicide Mars Missouri Gubernatorial Race - Thomas Schweich, a former Bryan Cave partner serving as Missouri?s state auditor, died of a self-inflicted gunshot wound to the head at his home last week in the St. Louis suburb of Clayton. Schweich's death came a month after he entered the state's Republican race for governor in 2016.
Thomas Schweich, a former Bryan Cave partner serving as Missouri’s state auditor, died of a self-inflicted gunshot wound to the head at his home last week in...
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Dealmaker of the Week: Alison Ressler of Sullivan & Cromwell - A corporate partner at Sullivan & Cromwell, Ressler advised Valeant Pharmaceuticals International Inc. in its $10.1 billion acquisition of Raleigh, North Carolina-based Salix Pharmaceuticals Ltd.
A corporate partner at Sullivan & Cromwell, Ressler advised Valeant Pharmaceuticals International Inc. in its $10.1 billion acquisition of Raleigh, North Car...
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The Am Law 100, the Early Numbers: Kaye Scholer Grows PPP While Shrinking Head Count - Kaye Scholer's profits per partner increased a modest 1.8 percent in 2014 while revenue per lawyer grew 5.2 percent. Gross revenue, however, declined for the fourth consecutive year, dipping 1.3 percent to $375 million. The firm was able to increase partner profits and RPL by cutting expenses and reducing head count.
Kaye Scholer's profits per partner increased a modest 1.8 percent in 2014 while revenue per lawyer grew 5.2 percent. Gross revenue, however, declined for the...
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Leading Sports Lawyer Joins Barnes & Thornburg - Wm. David Cornwell Sr., a prominent litigator in the sports world with a stable of all-star clients, is leaving Gordon Rees Scully Mansukhani for Barnes & Thornburg. Gordon Rees, which acquired Cornwell?s Atlanta-based firm three years ago, sued former Cornwell client Alex Rodriguez last week for $380,000 in legal fees stemming from his representation of the New York Yankees star last year.
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The Am Law 100, the Early Numbers: Milbank Sees Spike in Revenue, Profits - For the second straight year, Milbank, Tweed, Hadley & McCloy produced significant growth in revenue and profits. Gross revenue in 2014 was up 7.8 percent, to $761 million, while revenue per lawyer rose 3.8 percent, to $1.24 million. Profits per partner increased 7 percent, to $2.745 million, on net income of $395 million, an increase of 12.4 percent.
For the second straight year, Milbank, Tweed, Hadley & McCloy produced significant growth in revenue and profits. Gross revenue in 2014 was up 7.8 percent, t...
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Cadwalader Revives Houston Office With Addition of Energy Partner - After a dip in profits in 2014 and an emptying of the firm?s Houston office, Cadwalader is looking to regain ground with three big lateral hires, including Chad Mills, a former transactional energy partner at Sutherland Asbill & Brennan.
After a dip in profits in 2014 and an emptying of the firm’s Houston office, Cadwalader is looking to regain ground with three big lateral hires, including C...
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Hogan Lovells Seeks Freedom for Swazi Human Rights Attorney - A team of Hogan Lovells attorneys has submitted a petition to the United Nations on behalf of Swazi human rights attorney Thulani Maseko, who is halfway through a two-year prison sentence. Maseko was imprisoned along with the editor of a local magazine after publishing an article that was critical of the judiciary in Swaziland.
A team of Hogan Lovells attorneys has submitted a petition to the United Nations on behalf of Swazi human rights attorney Thulani Maseko, who is halfway thro...
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Deal Watch: Sullivan & Cromwell Advise Valeant on $10.1 Billion Buy of Salix - Our latest roundup of deals worth $1 billion or more includes Valeant Pharmaceuticals International Inc.?s purchase of Salix Pharmaceuticals Ltd. for $10.1 billion; Asahi Kasei Corp.?s buy of Polypore International Inc. in a deal valued at $3.2 billion; and a merger between silicon producers Grupo FerroAtlántica and Globe Specialty Metals Inc. for a combined value of $3.1 billion. Latham & Watkins advised on the most number of deals, with four, while Sullivan & Cromwell led the way in terms of transaction value.
Our latest roundup of deals worth $1 billion or more includes Valeant Pharmaceuticals International Inc.’s purchase of Salix Pharmaceuticals Ltd. for $10.1 b...
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The Am Law 100, the Early Numbers: Paul Hastings? Revenue Surpasses $1 Billion - Paul Hastings? gross revenue passed surpassed $1 billion mark, with gross revenue increasing by 6.3 percent, revenue per lawyer growing by 8 percent and partner profits and partner profits increasing by 8.5 percent. At the same time, the firm?s total number of lawyers was down by 16, though the number of partners increased by seven.
Paul Hastings’ gross revenue passed surpassed $1 billion mark, with gross revenue increasing by 6.3 percent, revenue per lawyer growing by 8 percent and part...
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The Am Law 100, the Early Numbers: Kasowitz's Revenues Get Big Bounce From FHFA Settlements - After taking a hit in 2013, the litigation-focused Kasowitz, Benson, Torres & Friedman saw its gross revenue grow 14.6 percent in 2014 as the firm finalized two massive mortgage-backed securities settlements on behalf of the U.S. Federal Housing and Finance Agency.
After taking a hit in 2013, the litigation-focused Kasowitz, Benson, Torres & Friedman saw its gross revenue grow 14.6 percent in 2014 as the firm finalized ...
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The Am Law 100, the Early Numbers: Shearman Builds on Breakout 2013 - Shearman & Sterling climbed another rung up the profitability ladder in 2014, boosting profits per partner by 5.8 percent, from $1.8 million to about $1.9 million last year. The firm recorded more modest increases of 1.5 percent in revenue per lawyer and 3 percent in gross revenue.
Shearman & Sterling climbed another rung up the profitability ladder in 2014, boosting profits per partner by 5.8 percent, from $1.8 million to about $1.9 mi...
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Texas Lawyer connects more than 16,300 members of the Lone Star legal community with information, opportunity and challenge. We are the only independent institution dedicated solely to covering the Texas legal market. On a daily basis, our award-winning team of editors and reporters deliver breaking news, in-depth investigation, opinion, practice guides and the most timely and accurate caselaw available anywhere.

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