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WHAT WE’RE WATCHING
GETTING STARTED – While some members of Congress are mulling their next move in light of AG William Barr’s release of a four-page summary of the Mueller investigation, we’re taking a look at the business the 22-month ordeal has delivered to white-collar lawyers. Ryan Lovelace reports that with plenty of work left to be done, the investigation already has proven to be a career-defining event for scores of lawyers on both sides. BIGGER – Litigation funder Therium Capital Management is launching a new $430 million fund, bringing the total value of its institutional investments to more than $1 billion. Dan Packel reports that the fund is the largest to date for the company, following a $265 million vehicle raised in February 2018. Founded in 2009, Therium has investment teams in the U.S., UK, Germany, Spain, Norway and Australia.
WHEELER DEALERS - The American Lawyer announces its Dealmakers of the Year today, and it’s a group deals that run the gamut, from the sale of an NFL team to a proxy fight heavily influenced by the #MeToo movement. Check out the two dozen lawyers on the list.
CLOSED COURTROOMS - Criminal justice reform is a big topic. It involves issues like mass incarceration and systemic racism — concepts so weighty they can be difficult to wrap your head around. To get a glimpse of how it’s playing out at close range, reporter Max Mitchell takes a look at the impact on the operations of a Philadelphia court.
WHILE YOU WERE SLEEPING
LONDON CALLING - Winston & Strawn has made its first London lateral hire in more than two years, bringing aboard Orrick’s corporate heavyweight partner Anthony Riley. Rose Walker reports that Riley, an Orrick partner since 2011, practices corporate finance, mergers and acquisitions and private equity transactional work. He’s the first lateral hire for Winston’s London office since January 2017, when the firm recruited Ian Borman from King & Wood Mallesons.
WHAT YOU SAID
“Marketing is like a muscle. You need to constantly exercise it and constantly use it.”
— DEBORAH FARONE, LAW FIRM CONSULTANT AND AUTHOR OF BEST PRACTICES IN LAW FIRM BUSINESS DEVELOPMENT AND MARKETING.
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