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  • January 30, 2008 |

    Dealmaker: Phil Sanderson

    Phil Sanderson is one of the leading - and most sardonic - partners in Travers Smith's private equity team

    1 minute read

  • January 30, 2008 |

    Reed Smith leads on music downloading deal

    Reed Smith's London office has advised music website Last.fm on a deal that will have far-reaching implications for the music downloading market. Reed Smith advised media giant CBS, a long-term client of the firm and owner of Last.fm, on commercial agreements with record labels as well as unsigned artists.

    1 minute read

  • January 30, 2008 |

    ...Legal Week Lunchbox 30/01/08...

    The five most popular articles on legalweek.com today; the pick of the day's posts; and more

    1 minute read

  • January 29, 2008 |

    Reed Smith adds in City with litigator Hardy

    High-profile insurance litigator Peter Hardy has joined Reed Smith Richards Butler as a partner after opting to leave US rival Morgan Lewis. Hardy joined Reed Smith at the beginning of 2008 and is understood to have brought his entire portfolio of work to his new firm.

    1 minute read

  • January 25, 2008 |

    US Briefing: DLA Piper kicks off laterals season

    The first few weeks of 2008 already have marked an abundance of lateral hires among partners making a switch for better opportunities - or so they hope - at some of the nation's biggest law firms. So far the areas of practice for lateral hires are across the board, though movement in bankruptcy and finance already look particularly active. In one of the more prominent switches, DLA Piper has recruited William Goldman from Sidley Austin to join its restructuring and bankruptcy practice group in New York.

    1 minute read

  • January 23, 2008 |

    Reed Smith grabs group from Anderson Kill

    Reed Smith has swooped to land a 55-lawyer team from rival US firm Anderson Kill & Olick, writes the Legal Intelligencer. The team, whose move is effective from 1 February, represents almost half the total fee earners at 120-attorney Anderson Kill and includes several members of the firm's executive management team, including former president and chief executive Jeffrey Glatzer. Twenty-five join Reed Smith as partners, three join as counsel and 27 as associates.

    1 minute read

  • January 22, 2008 |

    US firms losing merger fever - Hildebrandt report

    Merger and lateral activity among US law firms slowed slightly in 2007 but despite the darkening financial horizon, many in the industry expect the attorney shuffle to retain energy in 2008, writes the National Law Journal. According to consultancy group Hildebrandt International, mergers involving US law firms totaled 55 in 2007 - comprising 23 in the first quarter, 14 in the second quarter, 11 in the third quarter and just seven in the fourth quarter.

    1 minute read

  • January 18, 2008 |

    US Briefing: Law firm leaders gloomy in States for '08

    Managing partners nationwide expect a weak 2008 to bring fewer equity partner promotions, longer hours and higher rates, according to a new survey released Wednesday. Citi Private Bank's Managing Partner Confidence Index found that overall confidence fell nearly 20% in 2007, dropping by larger amounts each quarter. Top law firm consultant Bradford Hildebrandt, whose consulting firm will release its own 2008 forecast soon, says the blue mood is probably going to prove justified.

    1 minute read

  • January 14, 2008 |

    Food giant General Mills nabs Sara Lee legal head

    US food giant General Mills has appointed respected Sara Lee legal chief Roderick Palmore as its new general counsel. Palmore, who is set to start at the Minneapolis-based Fortune 500 food group on 11 February, will be responsible for General Mills' ethics and compliance functions as well as corporate security.

    1 minute read

  • January 10, 2008 |

    Reed Smith hits $1m PEP in post-merger results

    Reed Smith has become the latest US firm to unveil its financial results for 2007, with the Pittsburgh firm breaking the $1m (£510,000) barrier for profits per equity partner (PEP) for the first time. PEP climbed from last year's mark of $940,000 (£476,140) to reach a new high of $1m - an improvement of just over 6%. Revenue per lawyer also edged up by 6%, from $652,000 (£332,000) to $690,000 (£351, 000).

    1 minute read