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Report: Law Firm Mergers Poised for Record Year in 2013
A quarterly report by legal consultancy Altman Weil states that the 39 total mergers through the first six months of 2013 are putting the year on a potentially record-setting pace for U.S. law firm tie-ups.Law Firm Merger Activity Up in 2013, Report Says
The first quarter of the year brought 21 tie-ups between U.S. law firms, most coming from midsize firms taking on smaller shops with fewer than 25 attorneys, according to legal consultancy Altman Weil. At the current pace, mergers by year-end should surpass 2012's total of 60 combinations.Simpson Helps Yahoo, Tumblr Connect
Simpson Thacher & Bartlett is advising Yahoo in connection with its largest acquisition in a decade: the $1.1 billion cash purchase of blogging and social media platform Tumblr. Tumblr, meanwhile, is represented by Gunderson Dettmer Stough Villeneuve Franklin & Hachigian.Jones Day's Detroit Pact Now Capped at $18 Million
With the value of Jones Day's contract to serve as restructuring counsel in the largest municipal bankruptcy filing in U.S. history soaring more than 500 percent just before the city sought Chapter 9 protection, a Michigan lawmaker is pushing a bill aimed at reining in emergency managers like Kevyn Orr—the ex–Jones Day partner who approved the revised contract in his role as Detroit's state-appointed steward.Sally Gonzalez Succeeds Andrew Jurczyk as SNR Denton's Global CIO
Sally Gonzalez, as rumors had predicted, will join SNR Denton as its global CIO on Aug. 1. In her capacity as a senior director at HBR Consulting, she has been serving as the firm's interim CIO.The Churn: Lateral Moves in The Am Law 200
Ogletree, Deakins, Nash, Smoak & Stewart opens a Richmond office, the firm's 44th location; Gibson, Dunn & Crutcher takes a practice group leader from Sheppard Mullin Richter & Hampton; and Hunton & Williams welcomes back a partner in Charlotte. The Churn is constant. Please send all announcements to [email protected].Dealmaker of the Week: Latham's Mark Gerstein
Gerstein is leading the Latham & Watkins team advising Koch Industries on its $7.2 billion purchase of Molex, a manufacturer of electronic interconnectors.Corporate Transparency Act Resource Kit
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Revenue, Profit, Cash: Managing Law Firms for Success
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Law Firm Operational Considerations for the Corporate Transparency Act
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The Ultimate Guide to Remote Legal Work
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