0 results for 'OMelveny Myers'
The Am Law 100, the Early Numbers: O'Melveny's Profits Hit All-Time High
O'Melveny & Myers made across-the-board gains in key financial categories last year, according to The American Lawyer's reporting. In addition to boosting gross revenue 5.1 percent, to $818.5 million, the firm set new records in profits per partner and revenue per lawyer, with the former surging 19.4 percent, to $2.06 million, and the latter rising nearly 10 percent, to $1.1 million.
O'Melveny, Paul Hastings Launch South Korea Offices
O'Melveny & Myers opened an office in Seoul on Monday, on the heels of Paul Hastings, which launched in the city last week, and Covington & Burling, which debuted there November 1. U.S. firms have been scrambling to get a foothold in South Korea's legal market after a free trade agreement created the opportunity earlier this year.
O'Melveny reaches across the border with exchange program
O'Melveny & Myers has embarked on an exchange program with Mexico City-based Sol�rzano, Carvajal, Gonz�lez and P�rez-Correa (known as Solcargo). A Solcargo attorney and an O'Melveny associate trade places for three months, in what firm leaders describe as an effort to raise O'Melveny's profile in Latin America and strengthen relationships with Mexican contacts to better serve clients' cross-border needs. The first thing Solcargo lawyer Fernando Era�a had to get used to in L.A.? Shorter lunch breaks.O'Melveny faulted for 'take it or leave it' hiring clause
In an overtime case brought by a former paralegal, the 9th Circuit on Monday struck down an aggressive arbitration agreement that O'Melveny & Myers tried to impose on its employees. The panel found that several distinct areas of the agreement violated California law and said that the notice gave employees an illegal "take it or leave it" choice by saying that employees unwilling to sign the agreement must leave the firm within three months.Early-retirement deal may boost O'Melveny's profits per partner
O'Melveny & Myers' offer of early retirement, first reported on The Recorder's Legal Pad blog, is a sign the firm is trying to improve two years of flat profits per partner, observers say. As the push for higher numbers continues, O'Melveny is in the company of many top firms seeking to boost profitability. Partners who are no longer eager to bill 2,000 hours a year, or whose practice areas are less profitable, are being given incentives to retire or find better environments for their specialties.
Litigation Department of the Year General Litigation Finalist: O'Melveny & Myers
Creativity, innovation (especially when it comes to alternative fee arrangements), and a keen focus on the client's interests: These are the traits that set O'Melveny apart. The firm's appellate record, in particular, stands out.Trending Stories
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