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March 07, 2023 | The American Lawyer

After Merger Talks End, Shearman Accelerates Transition to New Leader

Senior partner David Beveridge said now is the right time to "accelerate the pace of the firm's ongoing transformation" and begin "a new strategic vision."
3 minute read
March 06, 2023 | The American Lawyer

Boosting Head Count and Profitability, O'Melveny & Myers Became a $1 Billion Firm in 2022

The global law firm increased gross revenue by 12.4% and head count by 10.7% without reducing RPL or PEP.
6 minute read
March 03, 2023 | Texas Lawyer

Litigator of the Week: In Trial Run-Up, Baker Botts Gets $1.345B Settlement With Banks For Receiver in Stanford Ponzi Litigation

Baker Botts has long been working for the court-appointed receiver seeking to unwind financial chaos created by R. Allen Stanford's Ponzi scheme. The firm's Kevin Sadler was preparing for trial in Houston federal court last week when the receiver reached a proposed deal with three remaining banks.
6 minute read
March 03, 2023 | Litigation Daily

Litigator of the Week: In Trial Run-Up, Baker Botts Gets $1.345B Settlement With Banks For Receiver in Stanford Ponzi Litigation

The deal, which included $1.2 billion from TD Bank, brings the total recoveries achieved by a Baker Botts team led by partner Kevin Sadler to more than $2.7 billion in litigation stemming from Allen Stanford's Ponzi scheme.
6 minute read
March 02, 2023 | Law.com

Alena Allen to Become First Black Dean of LSU Law

"My mother applied to college in 1965," Alena Allen said in an email to Law.com on Thursday. "She only applied to Southern in Baton Rouge" because "LSU admitted its first Black undergraduate in 1964 so my mom did not view attending LSU as a viable option."
5 minute read
Law Journal Press | Digital Book District of Columbia Legal Malpractice Law 2024 Authors: Shari L. Klevens, Alanna G. Clair View this Book

View more book results for the query "Baker Botts"

March 01, 2023 | The American Lawyer

Is This the Year the Tide Turns for US Firms in China?

Market changes may have come just in time for some to reconsider walking away.
4 minute read
March 01, 2023 | The American Lawyer

Dozens of Law Firms Grew Their Equity Partner Tier, Even as Profits and Demand Plummeted

The number of law firms with a growing equity partnership—and some of the sharp gains in these equity ranks—stand out in an environment of slower demand.
4 minute read
February 27, 2023 | Texas Lawyer

Stanford Ponzi: Receiver Reaches $1.6B in Settlements With Five Banks

Baker Botts partner Kevin Sadler said, "This is an extraordinary result for the victims of the Stanford fraud."
3 minute read
February 27, 2023 | Law.com

Law Firms Boost Fixed and Contingency Fees: The Morning Minute

The news and analysis you need to start your day.
4 minute read
February 24, 2023 | The American Lawyer

McDermott Sees 9% Revenue, PEP Growth, With 'Recession-Resistant' Practices

The firm's equity tier declined by nearly 5%, which chair Ira Coleman attributed to normal attrition and retirements. "There is certainly always a curation, but we didn't have a formal program to de-equitize partners," he said.
6 minute read

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