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03-05-2012

Skadden Takes Responsibility for Erroneous SEC Filing

Skadden has taken responsibility for accidentally filing details about a planned lease of a resort in Macau on behalf of casino mogul Steve Wynn.....[more]
03-02-2012
03-01-2012

Holland & Knight Open Office in Colombia

Miami-based law firm Holland & Knight is opening a new office in Bogota, Colombia's capital. The Bogotá branch will be the fourth international office for Holland & Knight. The other three are in Beijing, Abu Dhabi, and Mexico City. It also has working relationships with law firms in several other ....[more]
02-29-2012

Bingham McCutchen Downsizing On the Sly

Legal industry gossip site Above The Law says that at least one law firm is making cuts to its staff on the sly. Bingham McCutchen is going about announcing a few layoffs in its internal company emails. Bingham McCutchen announced around 42 job cuts across its U.S. offices, with most of the cuts bei....[more]
02-28-2012

Law Firms Finally Realizing Social Media’s Potential

A report from ALM Legal Intelligence shows that law firms are finally jumping up on the social media bandwagon. The ALM report “Fans, Followers, and Connections: Social Media ROI for Law Firms” is based on a survey which shows that around 85 percent of the law firms that were represented in the ....[more]
02-23-2012

U.S. Law Firms Get Official Date for Entry into South Korea

American law firms interested in setting up offices in South Korea now can start finalizing their plans. The free trade pact between both countries becomes effective as of March 15. Law firms can take advantage of this fact and finally set up shop in Asia’s third largest economy (and number 13 in ....[more]
02-22-2012

Cleary Gottlieb, Allen & Overy and White & Case Help Greece Get Bailout Deal

The $171.9 billion rescue package that Greece got from the European Central Bank on Tuesday was made possible in part by the efforts of three law firms - Cleary Gottlieb Steen & Hamilton, Allen & Overy, and White & Case.....[more]
02-21-2012

K&L Gates, Paul Weiss Helps Mexican Billionaire Acquire Advance America

Advance America, one of the biggest payday lenders in the country, is now going to be owned by Mexican billionaire Ricardo Salinas Pliego. Pliego's company - Grupo Elektra, offers financial services and retail banking. The company is going to acquire Advance America for $780 million, which includes ....[more]
02-20-2012

Former Kirkland & Ellis Partner Talks about Lateral Bubble

Steven J. Harper, a former partner in the law firm Kirkland & Ellis, has said that there is a bubble developing in the lateral market. Harper is now an adjunct professor at the Northwestern University and writes about law schools and the legal industry on his blog. In his latest column, he says that....[more]
02-17-2012

ConocoPhilips to Use In-house Talent for Securing $1.29 Billion Sale

ConocoPhilips is going to be using its in-house legal team to complete its sale of its Vietnamese assets worth $1.29 billion. The sale is to British and French oil firm Perenco.....[more]