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US firms defy economic headwinds to post rising revenue and PEP
Alston & Bird and Crowell & Moring among group of US firms posting strong 2016 results
A&O and CC partners among lawyers working behind the scenes on Trump transition team
Magic circle lawyers among advisers on President-elect's executive branch transition
Alston & Bird and Ropes among firms called up for $8bn Veritas purchase
Bakers and A&O also handed roles as The Carlyle Group buys software company VeritasAlston & Bird and Ropes among firms called up for $8bn Veritas purchase
Bakers and A&O also handed roles as The Carlyle Group buys software company VeritasQuinn Emanuel and Samsung fined over $2m for leaking Apple and Nokia deal terms
Quinn Emanuel Urquhart & Sullivan and client Samsung has been ordered to pay over $2m (£1.2m) in legal fees and costs to Apple and Nokia for breaking a court order protecting a confidential patent licensing agreement.The haves and haves less - 2011 results from world's largest legal market
In a turbulent 2011, the largest US firms managed to edge ahead of smaller rivals and make ground on the Wall Street elite. Robin Sparkman reportsIndependent law firm network Lex Mundi names Clayton Utz partner as new chair
Clayton Utz partner Simon Truskett has been elected chair of independent law firm network Lex Mundi. Truskett, a senior partner in the Australian firm's corporate and M&A group, was elected to the role by the international network's board of directors at its annual meeting in Vienna this month (10 September).Ashurst signs up Fried Frank finance partner for NY base
Ashurst has added a partner to its US operations with the hire of Fried Frank finance specialist Damian Ridealgh. The hire of Ridealgh, who is joining Ashurst in New York, will take the number of partners in the office to nine.Back in black - key trends and figures from The Am Law 100 results
After watching partner profits sink in 2008 (down 4.3%) and crawl back into positive territory in 2009 (a mere 0.3% increase), The Am Law 100 collectively exhaled last year as profits per equity partner (PEP) jumped a healthy 8.4%. Major US law firms certainly didn't let the economic crisis go to waste. They cut overhead, principally by trimming headcount at all levels, and reined in expenses. (Lavish retreats in exotic locales gave way to pedestrian events at the home office.) As the economy revived, the country's highest-grossing firms were able to convert modest revenue gains into profits thanks to their prudence. Here are a few other key stats from our rankings:Ashurst makes regulatory push with new spin-off practice group
Ashurst has spun off its London regulatory practice from its financial institutions group (FIG) as the firm bids to increase the profile and remit of the team. The regulatory team will now operate as one of eight sub-groups within the London corporate practice, instead of as a smaller team within the FIG sub-group.TRENDING STORIES
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