Former Dewey & LeBoeuf LLP billing and accounting managers were among seven ex-employees who agreed to plead guilty and cooperate in the probe of a $200 million fraud that spurred the largest law firm bankruptcy in history.
Clifford Chance LLP advised Royal Dutch Shell Plc, the world’s largest supplier of liquefied natural gas, on its agreement to buy LNG assets from Repsol SA for $4.4 billion in cash to expand in Latin America and Spain. Linklaters LLP, with a team led by Madrid corporate partners Alejandro Ortiz and Lara Hemzaoui and London projects partner Matthew Hagopian, advised energy company Repsol.
Greenberg Traurig LLP said yesterday that it has opened an office in Warsaw with a team of more than 50 lawyers formerly with Dewey & LeBoeuf LLP. The firm will operate as Greenberg Traurig Grzesiak in Poland. Jaroslaw Grzesiak, former managing partner of Dewey’s Warsaw office, serves as the managing partner and Lejb Fogelman as the senior partner.
Dow Chemical Co., the largest U.S. chemical maker by sales, said an arbitration panel ruled Kuwait must pay $2.16 billion in damages because it canceled a 2008 agreement to buy a stake in the company’s plastics business.
Despite having almost the same rate of revenue growth, the second-hundred wealthiest American law firms are managing their business differently in one significant way: They are bolstering their lawyer count, which is in sharp contrast to the top 100 most-profitable law firms in the country, according to an annual survey by the American Lawyer Magazine.