Sign in to follow
Search Results

0 results for 'Nixon Peabody'

You can use to get even better search results
August 21, 2008 | International Edition

Editor's Blog: Six of the best from the silly season

We're in the depths of what is commonly dubbed the silly season - that time of the year when the trains are half-empty and newspapers splash on 'killer shark' sightings off the coast of Cornwall. In fact, the last couple of weeks have produced their fair share of interesting legal stories.
2 minute read
August 21, 2008 | International Edition

Nixon Peabody confirms hire of twelve Taylor Wessing partners

Speculation that the dozen lawyers who resigned from Taylor Wessing's Paris office last week would move to Nixon Peabody has been confirmed. The 12 non-equity partners at the heart of the dispute between Taylor Wessing's French arm and the US firm handed in their resignation in the wake of failed merger talks between the two firms.The lawyers resigned last week, with details of the impending departures contained within a motion filed this week by Taylor Wessing's legal team. Nixon Peabody now has confirmed that the resigned partners will be moving to the firm in a statement issued to the press.
2 minute read
August 15, 2008 | International Edition

Clydes insurance partner joins Taylor Wessing

Taylor Wessing has moved to bolster its London insurance and reinsurance practice with the hire of a partner from Clyde & Co. Anthony Menzies joined the top 30 firm today (15 August) after three years as a partner with Clydes' London office.
2 minute read
August 07, 2008 | International Edition

Taylor Wessing LSA fears triggered Paris dispute

Fears that Taylor Wessing's UK arm was planning to tap outside investment under the Legal Services Act (LSA) prompted the firm's French arm to enter breakaway merger talks with US practice Nixon Peabody, it has emerged. Taylor Wessing managing partner Michael Frawley today (6 August) said that the belief that its UK partnership was intent on using the LSA to gain outside capital led to its Paris office entering the merger talks, which are now at the heart of a high-stakes legal battle.
3 minute read
August 06, 2008 | International Edition

Lockstep lockdown

Robert Ruyak does not look like a revolutionary. With his full head of grey hair and conservative business attire, Howrey's 59-year-old managing partner looks like the traditional image of a veteran litigator. But do not let his appearance fool you. Ruyak and his management team at the Washington DC-based firm are doing something that almost no other Am Law 200 firm has done: They are revamping the tried-and-true method of paying law firm associates. Howrey is taking a sledgehammer to the established lockstep system, which guarantees associates salary increases every year. Instead, the firm is implementing a more competitive model: pay rises, when they are granted, will be based exclusively on merit.
12 minute read
August 06, 2008 | International Edition

Taylor Wessing French arm sues Nixon Peabody

Taylor Wessing's French arm has filed suit against Nixon Peabody, accusing the US law firm of colluding with the former managing partner of the Paris office to "raid" its partner ranks after merger talks between the two firms fell through, writes The American Lawyer.Taylor Wessing legal team at Dreier, including name partner Marc Dreier, says Nixon's alleged attempts to poach 12 of Taylor's 15 non-equity French partners violated a July 2007 agreement in which the two firms promised not to recruit from each other for two years if merger talks collapsed.
4 minute read
July 10, 2008 | International Edition

US firm City growth plans undimmed by downturn

US law firms are planning to push ahead with expansion in London despite the continued impact of the economic downturn.Legal Week's annual survey of US law firms in London has revealed that 86% of respondents plan to actively recruit in the City this year despite the market conditions.
2 minute read
July 09, 2008 | International Edition

US Firms in London: Tough talking

US law firms remain publicly committed to expanding their London offices despite wider concerns that it could take until 2010 for current economic conditions to improve. This is the key finding of Legal Week's annual US law firms in London survey, which reveals that 86% plan to increase their headcount over the next 18 months. This is only slightly less than in 2007, when 91% of US firms earmarked further growth for their London operations.
12 minute read
June 13, 2008 | International Edition

US Briefing: Milberg 'to pay $75m to end charges'

Milberg could agree to pay $75m as soon as this week as part of an agreement to resolve criminal charges against the New York firm in the US Government's kickback case, according to a source familiar with the situation. Federal prosecutors have alleged that Milberg and seven of its partners conspired to obtain $251m in attorney fees by paying kickbacks to lead plaintiffs in shareholder and class action lawsuits.
3 minute read
June 11, 2008 | International Edition

The Am Law 100: The giving tree

Over the last 10 years, dozens of Am Law firms have scrambled to find merger partners. New practice areas, geographic advantages, economies of scale-the rationales for these couplings are endless. But does all the happy talk really translate into bigger clients, busier associates and fatter pay packets? To find out, we assessed the fortunes of eight firms from this year's Am Law 100 that engaged in name-changing mergers with similarly sized partners in the past decade. We scrutinised their performances based on post-merger growth in revenue per lawyer (RPL), profits per partner and average compensation for all partners. Combinations with non-US firms were not included, nor were mergers with fewer than three years of post-merger results to analyse. As a benchmark, we looked at the average growth of The Am Law 100 by RPL, profits per partner and compensation-all partners. For firms where data was available, we also compared the growth of the merged firms with that of their predecessors.
12 minute read

TRENDING STORIES

    More from ALM

    More from ALM

    Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

    Resources