Weekly Update - 18th December 2023
Fides Search
Partner Search for Professional Services & In-House Legal, Co-Sec and Compliance, Financial Crime and Privacy Search
Moves:
UK & Ireland
Although this firm rarely hires partners in London, they have added a new arbitration partner, Gemma Anderson.
Linklaters have made many notable hires in recent months, but the loss of Nicole Kar and Noel Hughes is unlikely to go unnoticed.
After a 15-year stint with Kirkland & Ellis, Mullarkey joins the firm’s London base.
This hire comes not long after another partner joined from Kirkland & Ellis.
Noel Hughes has been added to bolster Skadden’s finance and M&A offering. This is the second move after Sebastian FitzGerald joined their leveraged finance team.
This article discusses how Nicole Kar has been hired to head Linklaters’ global antitrust team. This has been described as a major and unprecedented move.
To bolster its capital markets offering in London, Reed Smith has hired Mark Drury from Linklaters.
EMEA
The Lisbon office has received a bolster with a team of ten lawyers, six partners and one counsel.
This move will be the third time Baker McKenzie have poached a partner from Hengeler Mueller in the last three years.
Recent developments across a multitude of areas have helped drive the legal scene in Poland. This information comes directly from practicing legal partners in Warsaw.
Out of this team of over 20 lawyers looking to open Clyde & Co’s Warsaw office, two of them are former Dentons lawyers and one is a current Dentons lawyer.
APAC
This follows the trend that many Chinese Law firms have adopted of making concerted efforts to add partners from international law firms.
Michelle Ng, a counsel who specialised in disputes has relocated from New York to Hong Kong.
This article is a compilation of some of the most recent lateral moves across Asia.
Bonnie Chan has been with the firm since 2010 and helped launch their Hong Kong office, now she is stepping up to the position of Chief Executive.
According to the sources within the firm, Cécile Baume is leaving to pursue other opportunities.
The Americas
James McGrath, the national chair of the firm’s litigation department has stated that they are “excited that this group of litigators has chosen to continue their careers at Seyfarth, where they can take advantage of our platform”.
Energy and Infrastructure partner Mona Dajani has moved to Baker Botts’ New York office from Shearman & Sterling to serve as their global co-chair of energy infrastructure and hydrogen.
Elizabeth B. Davis has been hired as a partner in Arnall Golden Gregory’s environmental and health care groups. Also, Hodgson Russ has announced that they have acquired a team of 10 Ward Greenburg attorneys from Rochester, New York who will start on the 1st of January.
Audrey Pumariega has been welcomed back with open arms after spending some time working on personal injury cases for the county.
The number of attorneys that are being hired and promoted this week show us that change is occuring in New York.
Alfonso Chan has joined King & Spalding as partner after being a principal with McKool Smith.
Elliot Portnoy’s has made a solid impact on the firm which in turn has caused it to grow rapidly into one the world’s largest legal practices.
Many moves are covered in this piece including the return of Epstein Ostrove to Fox Rothschild.
Charis Mincavage a well-known energy lawyer has been announced as McNees Wallace & Nurick’s newest member starting from January 1st, 2024.
In-House
Newly hired General Counsel Michele Lee has spoken about the trials and obstacles that she faced in her journey saying, "I've faced countless rejections and times when I've been told I wasn't ready, I was too ambitious, not smart enough, too nice, or not nice enough".
Incumbent Norman Petty has been praised by CEO Geoff Cook for his uncanny "ability to balance legal risk with the strategic needs of the business."
Grafana Labs’ legal department will now be under the leadership of Lora Blum.
Promotions & Appointments:
领英推荐
Senior Counsel Brian J. Taylor has been named chair of the King, Spry, Herman, Freund & Faul law firm’s investigations and compliance services team. He will assume this position in Bethlehem, Pennsylvania.
Howard Dwoskin will be replaced by Matthew Schorr as Casualty Practice Director, the largest department in the firm.
In the case of Norton Rose Fulbright, most of these promotions hailed from London, whereas in the case of Jones Day the promotions were primarily a mix of New York and Cleveland based ones.
Five lawyers have been appointed in the Atlanta, Cherokee, Coweta, Dougherty and Macon judicial circuits.
Global firm Jones Day has announced that there will be 51 lawyers who will be promoted to the partnership. This action will take effect on the 1st of January 2024.
Although this number is a step down from last years cohort of 42 lawyers, these promotions should strengthen the firm’s commercial litigation, global finance and corporate practices.
Former KPMG director Ciaran Flynn has been appointed as Arthur Cox’s new head of governance, risk and compliance.
Sarah Reynolds has succeeded Cómhnall Tuohy as the managing partner of Kane Tuohy LLP, she will assume this role at the beginning of 2024.
Mergers & Alliances:
Barnes & Thornburg, Goodwin Procter and Clark Hill have all been making moves through the form of mergers to make their mark in already established markets.
Truist was created following the merger of BB&T and SunTrust and Scott Stengel will be taking on the position of legal chief.
Haber Law managing partner David Haber said there are a couple of options for growth, "You can organically grow, which is very painful," or “you can join forces with someone else that already has that infrastructure."
Office Openings & Closing:
Opting to stay downtown in Austin, Haynes and Boone have relocated to a state-of-the-art new tech office.
Financials:
Following the recent trends of associate salary raises this article delves into how these global firms are offering such as salary scale and analyses the trends in PEP amongst them.
This article focuses on recent logistics industry bankruptcy cases of Western Global Airlines and Yellow Corporation.
Technology & Innovation:
Although it is undeniable that AI can improve efficiency, some are arguing that unfocused investments can expose inaccurate and misleading information.
A dive into the potential challenges and benefits that the use of new forms of AI could have on M&A dealmaking.
New AI legislation that is being agreed on will generate extensive work for Big Law in the years to come.
Adopting a mindset of agility and proactivity are key ways law firms can position themselves for success in today’s technology driven society.
Lothar Determann discusses whether EU disciplinary compliance to AI is possible.
Although it is undeniable that legal teams have become more tech savvy recently, many argue that tech maturity has not yet leapfrogged to meet the moment.
Diversity & Inclusion:
Eric Weitz of The Weitz Law Firm stated that "We believe we need to stand up when people in our own community, in the legal community, engage in antisemitic hate speech”.
Jennifer Coatsworth stated that she is “incredibly proud” of their association, but they have “more to accomplish".
Allen & Overy, Sullivan & Cromwell Among Firms To Make It On Standard Chartered Diversity Task Force
A new task force has been launched by the bank’s head of legal in the hopes that they will improve diversity in the industry.
Out of the 14 partners that have been promoted by Quin Emanuel Urquhart & Sullivan, 70% of them are women.
Market Commentary:
This article debunks myths about the habits and practices of up-and-coming lawyers and the impacts they are set to make.
This article discusses the methods and process of which the defence can have the plaintiff examined in product liability and personal injury cases.
Questions have arisen about how easy it is for equipment manufacturers to escape liability in cases where employees are injured while using powerful pieces of equipment in a contrary manner. This article discusses this.
It seems that many are arguing that the one tier partnership model has had its time and that in the current market, competitive challenges call for a two-tier partnership structure.
?
?
Wow, it's fantastic to see such enthusiasm for bringing together the latest in legal news! ?? As Oprah Winfrey famously said, "Passion is energy. Feel the power that comes from focusing on what excites you." Your dedication truly resonates with that spirit. By the way, if you're passionate about making an impact, there's an exciting sponsorship opportunity for the Guinness World Record of Tree Planting you might find intriguing. Here's more info to fuel your passion for making a difference: https://bit.ly/TreeGuinnessWorldRecord ???? Keep illuminating the world with your insightful updates! #MakingADifference #PassionInAction
Researcher at Fides Search
1 年Really informative content ??