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Pillsbury Winthrop surprised the legal world last week by announcing in a news release that partner Frode Jensen III, who had left the firm for Latham & Watkins, was unproductive and the subject of a sexual harassment investigation while at Pillsbury. It makes us wonder if this was just the opening shot in a PR war between Pillsbury and Latham … Oct. 3, 2002 Contact: Robert Dell, Miles Ruthberg Latham & Watkins is pleased to announce that well-known securities litigator Terri Tripp is joining the firm as a partner. Ms. Tripp, formerly a partner with the L.A. office of Pillsbury Winthrop, represents major financial services firms. “The addition of this outstanding securities litigator solidifies the preeminence of Latham’s global securities litigation practice,” said Miles Ruthberg, chair of Latham’s litigation department. Oct. 4, 2002 Contact: Mary Cranston, Marina Park Pillsbury Winthrop announced Friday the settlement of malpractice charges against the firm and securities litigator Terri Tripp. “We had wanted to keep fighting,” said firm Chair Mary Cranston, “but our exposure was simply too great.” Terms of the settlement are confidential, though Cranston did say it’s “certainly large enough to impact the insurance premium for Terri’s new employer.” Cranston added that Ms. Tripp’s error was understandable. “None of us is perfect,” Cranston said. “We’re all capable of blowing a deadline, failing to communicate with a client and neglecting to calendar a hearing, all in the same case.” Dec. 4, 2002 Contact: Robert Dell, David Gordon It is with great pleasure that Latham & Watkins announces the addition of Roland Fensterwaite Jr., a prominent bankruptcy attorney, as a partner in the New York office. Mr. Fensterwaite joins the firm from Pillsbury Winthrop, effective Nov. 1. “Roland is an accomplished bankruptcy lawyer who will add significantly to our bankruptcy capability in New York,” said David Gordon, managing partner of Latham’s New York office. Firm Chairman Robert Dell added that the firm had conducted its usual due diligence on Mr. Fensterwaite’s background and found him to be “a professional beyond reproach.” Dec. 5, 2002 Contact: Mary Cranston, Marina Park It is with great disappointment that Pillsbury Winthrop announces the departure of longtime bankruptcy partner Roland Fensterwaite Jr. “It is always sad to lose a good friend and colleague to another firm — especially one in a booming practice area,” said firm Chair Mary Cranston. “Of course, with that boom has come increased stress levels. We wish Roland all the best in conquering his frightening substance abuse problem.” March 3, 2003 Contact: Robert Dell Latham & Watkins announced Monday that Frode Jensen III has closed his eighth M&A deal since joining the firm six months ago. The deals had a combined value of approximately $4 billion. “There was talk in some quarters of the legal community last summer about Frode’s productivity,” Latham Chairman Robert Dell said. “We think his performance at Latham should put to rest any perception that Frode was somehow not productive.” Martha Jordan, a senior corporate partner and member of Latham’s management team, added that Mr. Jensen has impressed his Latham colleagues as “an utmost professional.” March 4, 2003 Contact: Mary Cranston, Marina Park The global law firm of Pillsbury Winthrop announced Tuesday the establishment of a legal fund for victims of sexual harassment who cannot afford legal services. The fund, to be known as the Frode Jensen/Latham & Watkins Harassment Fund, was launched with a $5,000 check from firm Chair Mary Cranston. “Of course, we don’t know for certain that Mr. Jensen committed acts of harassment while at Pillsbury,” Cranston cautioned. “However, we felt there was sufficient basis to the allegations that it was appropriate to name the fund after him and his new, more tolerant law firm.” May 7, 2003 Contact: Robert Dell Latham & Watkins today announced the acquisition of the entire 300-lawyer litigation group from the formerly global law firm Pillsbury Winthrop. “Let me be clear about our due diligence,” said Latham Chairman Robert Dell. “We have never been more careful in our vetting of an acquisition. We checked their references. We bugged their telephones. We brought in former FBI agents to consult with us. We could not be more satisfied that we are obtaining a top-notch, first-class, bulletproof group of professionals.” May 8, 2003 Contact: Mary Cranston, Marina Park YOU HAVE NEVER SEEN A MORE SNIVELING, SELF-IMPORTANT BUNCH OF PRIMA DONNAS! YOU’LL BE SORRY, LATHAM! YOU’LL BE SORRY !!! May 9, 2003 Contact: Marina Park Pillsbury Winthrop Managing Partner Marina Park announced today that Mary Cranston is stepping down from her position as firm chairwoman. “It’s amicable,” said Park.

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