Sullivan & Cromwell News
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Updated 2 hours, 15 minutes ago
Law firm leaders are failing to make the changes necessary to effectively manage their enterprises under today’s conditions, according to a new survey by consultant Altman Weil.
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Katten Muchin Rosenman LLP opened a Houston office led by former Pillsbury Winthrop Shaw Pittman LLP partner Mark Farley, who is one of eight lawyers hired to expand its environmental and workplace safety practices.
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A second wave of Ogletree, Deakins, Nash, Smoak & Stewart PC lawyers, mostly associates, have left the firm for Littler Mendelson LLP as part of an earlier group of departures led by Don Prophete.
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U.S. Treasury Secretary Jacob J. Lew met today with about 40 corporate and finance executives including Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein, Loews Corp. CEO James Tisch and Lazard Ltd. CEO Kenneth Jacobs to discuss the global economy, a person who attended the meeting said.
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Richard Strassberg, the Goodwin Procter LLP lawyer who represented Martha Stewart’s broker Peter Bacanovic in his 2004 criminal trial, will head a legal team defending former SAC Capital Advisors LP portfolio manager Mathew Martoma against insider-trading charges.
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Former U.S. Trade Representative Ron Kirk joined Gibson Dunn & Crutcher LLP as senior of counsel.
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Eleven lawyers said yesterday they plan to leave Bingham McCutchen LLP for Sidley Austin LLP.
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Mergers and acquisitions lawyer Wesley R. Johnson Jr. was named partner-in-charge of Jones Day’s New York office. Johnson succeeds Willis Goldsmith, who led Jones Day in New York since January 2008. Goldsmith will continue his practice advising clients on labor and employment matters as a partner in New York.
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Sullivan & Cromwell LLP regained the top spot among legal advisers on mergers and acquisitions in 2011 as deals rose by 3.7 percent in a year lawyers said was marked by volatility tied to European debt and regulatory enforcement.
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Sullivan & Cromwell LLP hired Ng Kay Ian and Gwen Wong from Freshfields Bruckhaus Deringer LLP, making it the seventh New York law firm to expand in the Chinese city of Hong Kong since late 2009.
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