Law Firms

A New Big Law Firm Baby is Born

One of Canada’s largest law firms, Gowlings, is to merge with the UK firm Wragge Lawrence Graham to create another global law firm to be called Gowling WLG. joining with a British firm to create a partnership with global reach. Gowlings has 650 lawyers and the new entity will have 1300 lawyers and associated professionals

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Private Jets, Girls, Casinos – What Caused This Law Firm’s Collapse?

Another large law firm has filed for bankruptcy after $20 million apparently went missing and the recriminations are mounting as to just who was responsible for the collapse. Morris Schneider Wittstadt was a large residential real estate closing firm and filed for Chapter 11 protection on Sunday. At one time the firm had over 150

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Mayer Brown JSM and Jingtian & Gongcheng intend to form association in Hong Kong

Hong Kong, 7 July 2015 – Mayer Brown JSM intends to form an association with the Hong Kong office of Jingtian & Gongcheng (“Jingtian”), which will be established upon the receipt of regulatory approval from The Law Society of Hong Kong. Under this arrangement, Mayer Brown JSM will provide office space and other resources to

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Meet Bill Cosby’s Girls

He might have been the luvable Dr Huxtable and comedian, but Bill Cosby’s recently publicized revelations regarding his admissions as to drugging women for sex have all but destroyed what remained of his reputaiton. Those with totally different memories of the man are a range of women who report having been sexually assaulted by him.

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Kirkland & Ellis Represents China-Focused Equity Firm on Fund Launch

Kirkland & Ellis represented Ascendent Capital Partners, an independent China-focused private equity firm, on the first and final closing of its second private equity fund. The fund closed at its hard cap with aggregate capital commitments of US$600 million, exceeding its initial target of US$500 million. The fund will continue Ascendent’s investment strategy in large-scale

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Suing the Rogue Robot

Can you sue a rogue robot? It’s a question troubling prosecutors in Germany after a robot in a VW plant crushed a worker. The bizarre ‘twist’ that lead to the worker’s death has also left prosecutors scratching their heads as to who and what to sue. The robot was designed to manipulate auto parts as

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Violent “Cruddy 650” Street Gang Charged

  Preet Bharara, the United States Attorney for the Southern District of New York, Diego Rodriguez, Assistant Director-in-Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”), and Charles Gardner, the Commissioner of the Yonkers Police Department, announced the unsealing yesterday of a Second Superseding Indictment charging 11 members and associates

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The $10 Million Lawyers

Law firm incomes and structures continue to change.  And the gap between the ‘rich’ and ‘not-so-rich’ lawyers continues to grow. As more equity and non-equity partnerships develop and as law firms like Slater + Gordon and others develop new remuneration models, the way in which law firms share their profits is continuing to change. The

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