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  • July 9, 2008 |

    Top White & Case partner joins Arnold & Porter

    One of White & Case's top partners has left to become co-head of the financial services practice at Arnold & Porter. Kevin Barnard, the former head of White & Case's bank advisory practice and a member of its management board, will join the New York office of Washington DC's Arnold & Porter, along with another former White & Case banking partner, Alan Avery. Barnard said he was drawn to Arnold & Porter by the strong regulatory component of its financial institutions practice, which he said would give the firm a unique capability in the present economic environment.

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  • July 1, 2008 |

    ...Legal Week Lunchbox: 01/07/08...

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

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  • June 30, 2008 |

    ...Legal Week Lunchbox: 30/06/08...

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

    1 minute read

  • June 26, 2008 | International Edition

    Sympathy for Silk Street

    “It’s a disgrace” may not be the first words you’d associate with a commercial decision by a bank but the expression neatly sums…

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  • June 26, 2008 |

    Sympathy for Silk Street

    “It’s a disgrace” may not be the first words you’d associate with a commercial decision by a bank but the expression neatly sums…

    1 minute read

  • June 25, 2008 |

    Is the US IP boutique an endangered species?

    Fish & Neave. Lyon & Lyon. Pennie & Edmonds. Morgan & Finnegan? Years ago, Morgan & Finnegan was the kind of firm that New York intellectual…

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  • June 20, 2008 |

    Ex-Bear Stearns GC resurfaces at lender WaMu

    US lending giant Washington Mutual (WaMu) has hired the former general counsel (GC) of stricken investment bank Bear Stearns. It named Michael Solender as its executive vice president and chief legal officer earlier this month (4 June). Solender will take on responsibility for overseeing the company's legal, compliance and government relations functions, reporting to chief executive Kerry Killinger. He also becomes a member of the group's executive committee.

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  • June 18, 2008 |

    O'Melveny takes lessons from troubled tie-up

    Like a cabaret singer's dreams of Broadway, non-New York firms dream of getting their hands on big-time Wall Street work. In both cases, those dreams usually go unfulfilled.Los Angeles' O'Melveny & Myers thought it had its chance in 2002, when it acquired New York-based private equity boutique O'Sullivan. The plan was that O'Sullivan would supercharge O'Melveny's New York corporate presence with a high-end private equity practice that included clients such as Apollo Management and JP Morgan Partners. Additionally, O'Sullivan's 88 lawyers would bolster O'Melveny's 118-lawyer head count.

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  • June 11, 2008 |

    The Am Law 100: Behind the numbers

    Am Law 100 firms all have high gross revenues, but when it comes to translating that money into payouts for equity partners, the similarities end. Average profits per partner among the firms vary widely, from a low of $410,000 (£210,000) at Littler Mendelson to a high of $4.95m (£2.53m) at Wachtell Lipton Rosen & Katz. Likewise, there was plenty of disparity in firms' rates of profit growth, ranging from an increase of 42% at Cooley Godward Kronish to a decline of 17.6% at Howrey. (For The Am Law 100 as a whole, average profits per partner were $1.3m (£664,000), an 8.7% increase from 2006.) Here are reasons for some of the biggest changes in profits per partner among Am Law 100 firms in 2007.

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  • June 10, 2008 |

    Kazakhmys hands Links new £1.4bn mining deal

    Linklaters has advised regular client Kazakhmys as the mining giant moves to increase its stake in Eurasion Natural Resources Corporation (ENRC) to more than 25%. Kazakhmys, which is listed on the FTSE 100 and is a regular client of the City giant, has agreed to take on an extra 7.7% share in ENRC from the Government of Kazakhstan in a deal worth around £1.4bn.

    1 minute read