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Out-of-Town Firms Import Talent to Boost N.Y. Efforts
Law firms eager to expand in New York have long bemoaned the fiercely competitive local market for lateral partners. Now out-of-town firms are increasingly trying to make it in New York with out-of-town talent. This week, Quinn Emanuel Urquhart Oliver & Hedges is moving leading constitutional law scholar Kathleen M. Sullivan to its New York office. The relocation of rainmakers is a bold gambit that could disrupt healthy practices in the hope that these lawyers can leverage their reputations in New York.Getting the Most From a Merger: Firms Play the Mating Game
The ink was barely dry on their merger agreement when the heads of Reed Smith and Crosby Heafey Roach May began trekking around the country together to woo each other's clients.Orrick-Akin Gump: The Next Mega-Firm?
Akin Gump Strauss Hauer & Feld and Orrick, Herrington & Sutcliffe have begun merger talks. Spokespersons for both Akin and Orrick confirmed that the two firms have held "preliminary" talks. Law firm merger activity appears to be increasing after dropping off during the recession, according to Altman Weil and other sources. The most notable deals have been Hogan & Hartson's merger with Lovells and Sonnenschein Nath & Rosenthal's combination with Denton Wilde Sapte.Akin Gump, Orrick Explore Merger
Orrick, Herrington & Sutcliffe and Akin Gump Strauss Hauer & Feld confirmed yesterday that they are engaged in talks to combine. The merger could potentially reshape the legal landscape domestically and in New York. Based on 2009 figures, the combined firm would have more lawyers in Manhattan than some native New York firms, such as Shearman & Sterling and Proskauer Rose, and combined revenues of more than $1.5 billion.Akin Gump, Orrick Explore Merger Possibility
Orrick, Herrington & Sutcliffe and Akin Gump Strauss Hauer & Feld confirmed Tuesday that they are engaged in "preliminary discussions" about the possibility of combining, potentially reshaping the legal landscape by creating a more than 1,800-lawyer firm with revenues of more than $1.5 billion. News of the potential deal comes amid renewed interest in mergers among the United States' law firms, with activity picking up after a drop-off in the recession.Can Morrison & Foerster's chairman make the firm a player in the Big Apple
By Brenda Sandburg, The American LawyerIt's two days after he moved to Manhattan, and Morrison Foerster chairman Keith Wetmore is chatting about his to-do list: "The first and easiest thing is to get tickets to 'Sweeney Todd,' my favorite musical." A little tale about a murderous barber might be an appropriate way for Wetmore to start his tenure in New York.By Gail Prudenti, P.J.; Florio, Miller and Mastro, JJ. Samuel Festinger, ap, v. George Edrich res ??? (Index No. 18707/03) In an action, inter alia,