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  • December 11, 2007 |

    Shearman, O'Melveny unveil partner promotions

    US duo Shearman & Sterling and O'Melveny & Myers have both announced their annual partner promotions today (12 December) - making up 13 and 23 partners respectively. Shearman's promotions were spread across its global offices, with two London-based lawyers - projects associate Ben Shorten and capital markets counsel Michael Benjamin - given the nod.

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  • December 2, 2007 |

    All's too quiet on West Coast bonus front

    Want to kill a conversation with a California law firm leader? Talk about bonuses.Weeks after top New York firms started announcing lavish special bonuses…

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  • November 30, 2007 |

    US Briefing: Manhattan judge slams Dorsey

    A Manhattan federal judge has delivered a lengthy manifesto against declining civility in the legal profession in the course of sanctioning law firm Dorsey & Whitney and two of its partners. Southern District of New York Judge Harold Baer opened his 129-page decision with a discussion of how "naked competition and singular economic focus of the marketplace have begun to infiltrate the practice of law, subordinating the high standards of service, collegiality and professionalism as a result."

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  • November 28, 2007 |

    Simpson Thacher adds eight to partnership

    New York leader Simpson Thacher & Bartlett has promoted eight lawyers to its partnership. The bulk of the promotions, which are effective from 1 January, 2008, are in the firm's New York headquarters but London-based litigator Tyler Robinson also joins the firm's elite tier. Five promotions were in New York, one in Palo Alto and one in Tokyo. Five of the promotions were in corporate.

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  • November 21, 2007 |

    KKR names key adviser Sorkin as first-ever GC

    US private equity giant Kohlberg Kravis Roberts & Co (KKR) has snared top-rated Simpson Thacher & Bartlett private equity partner David Sorkin as its first ever general counsel. Sorkin, who has been at the elite New York firm since 1985, has a longstanding relationship with the private equity house and its co-founders, Henry Kravis and George Roberts.

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  • November 15, 2007 | International Edition

    Freshfields and A&O latest to enter US bonus war

    Freshfields Bruckhaus Deringer and Allen & Overy have become the latest firms to announce they will be paying one-off bonuses to their New York associates. Both firms have met market rates, with associates at Freshfields to be given from $10,000 (£4,900) to $50,000 (£24,400) depending on seniority, in addition to the firm's scheduled bonus of between $35,000 (£17,000) and $65,000 (£31,700). The special bonus will be paid at the end of this month, with a year-end bonus being paid on 31 December.

    1 minute read

  • November 15, 2007 |

    Freshfields and A&O latest to enter US bonus war

    Freshfields Bruckhaus Deringer and Allen & Overy have become the latest firms to announce they will be paying one-off bonuses to their New York associates. Both firms have met market rates, with associates at Freshfields to be given from $10,000 (£4,900) to $50,000 (£24,400) depending on seniority, in addition to the firm's scheduled bonus of between $35,000 (£17,000) and $65,000 (£31,700). The special bonus will be paid at the end of this month, with a year-end bonus being paid on 31 December.

    1 minute read

  • November 14, 2007 |

    Linde prepares for second panel review of 2007

    Gas giant Linde is set to overhaul its roster of external counsel for the second time this year following the departure of general counsel Nick Deeming.

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  • November 14, 2007 |

    The transformers

    It was ingenious and audacious, and officials at the Internal Revenue Service were upset.

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  • November 12, 2007 |

    Shearman, Fried Frank follow suit on NY bonus

    Shearman & Sterling and Fried Frank Harris Shriver & Jacobson have announced their intention to give associates a "special" one-time bonus as well as the traditional year-end bonus, the New York Law Journal reports. The New York duo both said last week (9 November) that they will award special bonuses ranging from $10,000 (£4,800) up to $50,000 (£24,020). The payments come in addition to class-year bonuses of between $35,000 (£16,810) to $65,000 (£31,220).

    1 minute read