Partners

Ex-McGuireWoods Partner Pleads Guilty in Securities Fraud Case

A former partner of McGuireWoods pleaded guilty today in federal court in New York to one count of securities fraud and one count of conspiracy to commit securities fraud concerning the sale of unregistered shares issued by his clients. Louis Zehill, 44, allegedly purchased the securities as private placements through…

Mar 15, 2010 7:01 PM CDT

Nine Real Estate Lawyers Leave Pillsbury for Goulston

Five partners, including the managing partner of Pillsbury Winthrop’s Washington, D.C., office, are moving to the local office of Goulston & Storrs. It was”such a good opportunity we couldn’t say no,” said Maureen Dwyer, who has headed Pillsbury’s D.C. office since Shaw Pittman merged with Pillsbury in 2005, to the…

Mar 12, 2010 11:41 PM CST

Crunching the BigLaw Numbers: Equity Partner Profits Drop Less than 1%

Equity partners at the nation’s top law firms didn’t have to take much of a financial hit last year, thanks to layoffs of associates and staffers. Legal consulting firm the Zeugheuser Group crunched the numbers, charting financial results reported as of March 1 for 52 of the nation’s top 100…

Mar 11, 2010 6:35 PM CST

Quinn Emanuel Makes Kathleen Sullivan Name Partner

Partner John B. Quinn announced today that it’s changing its name to add its appellate chair, Kathleen Sullivan, as a name partner to the firm which is now known as Quinn Emanuel Urquhart & Sullivan. “Kathleen Sullivan would be on anyone’s list of the top three or four advocates practicing…

Mar 11, 2010 4:27 PM CST

After a Disappointing Year, Howrey Plans to Axe Up to 10% of Its Partners

Howrey is planning to oust up to 10 percent of its partners, a move that follows a year of disappointing revenue numbers. Howrey is expected to cut between 25 and 30 partners, most of them in the United States, Legal Week reports. The decision to make the cuts was made…

Mar 11, 2010 4:06 PM CST

Arent Fox Gets New Chairman, First New Leader in 14 Years

Longtime Arent Fox partner Mark Katz has been named its chairman, the firm’s first new leader in 14 years. Katz’s appointment was announced Monday but was effective March 1, the Blog of Legal Times noted. He succeeds Mark Fleischaker, who will remain at the firm and focus on antitrust and…

Mar 9, 2010 7:16 PM CST

Baker’s Chile Office Has ‘Some Cracks’ But Is Otherwise Intact

Thanks to solid construction and quick thinking, Baker & McKenzie’s office in Chile, was in business just two days after the 8.8 earthquake there on Feb. 27, and all 38 lawyers and other staffers are safe. León Larrain, the managing partner of Baker & McKenzie’s Santiago office told the Am…

Mar 8, 2010 10:21 PM CST

Greenberg Traurig Partner Charged With Overbilling Client By $1M to Gain Prestige in Firm

A now-former partner of Greenberg Traurig has been criminally charged with theft for allegedly overbilling a government client in the Chicago suburbs by more than $1 million. Mark McCombs, 50, is accused of taking advantage of longstanding professional and personal relationships with officials in Village of Calumet Park and charging…

Mar 6, 2010 2:23 AM CST

IRS Suspends Ex-Foley Hoag Tax Partner for Failing to File Tax Return

A former Foley Hoag tax partner who failed to file a tax return and missed the deadline to file five other returns has been suspended from practice before the Internal Revenue Service. The IRS announced a 48-month suspension of Kevin Kilduff in a press release Thursday. TaxProf Blog identified Kilduff…

Mar 5, 2010 5:00 PM CST

Bankruptcy Trustee Alleges Orrick Partner Helped Divert Debtor Money

A bankruptcy trustee’s suit alleges a partner at Orrick, Herrington & Sutcliffe conspired with four former executives of an ailing mortgage lender to divert assets to a new company. The partner, Karen Dempsey, is accused of helping Thornburg Mortgage executives use the lender’s money to fund the new, secret business…

Mar 5, 2010 1:08 PM CST

Quinn Emanuel Lawyer Protects Oscar IP and Theater Door

Quinn Emanuel partner David Quinto does double duty for the Academy of Motion Picture Arts and Sciences. He protects trademarks and copyrights for the organization—and he’ll be protecting the awards ceremony on Sunday from gate crashers. Quinto talked to the Hollywood Reporter and the Wall Street Journal Law Blog about…

Mar 5, 2010 12:00 PM CST

Riding the Revenue Roller-Coaster: Income Down, PPP Up at Dewey and Dickstein Firms

As more annual financial results are reported by major law firms after a dismal year economically, the roller-coaster ride continues: At many, profits are down, sometimes considerably. But belt-tightening has resulted in relatively strong profit per partner figures at a number of firms despite decreased revenue. At Dewey & LeBoeuf,…

Mar 4, 2010 8:48 PM CST

Ex-Partner Sues WolfBlock, Seeks Severance Pay for 2003 Departure

A former partner of WolfBlock has sued the dissolving firm and former chairman Mark Alderman, contending that they failed to continue making severance payments required under an agreement reached concerning his requested departure from the Philadelphia-based firm in 2003. It provided for Michael Budin to be paid almost $27,000 annually…

Mar 3, 2010 10:15 PM CST

The Taxman Cometh: Do Ex-Lawyer Rothstein & Spouse Owe $10M?

Although ex-attorney Scott Rothstein reportedly made some $36 million in 2008 while both serving as managing partner of Rothstein Rosenfeldt Adler and operating a Ponzi scheme, he apparently may not have paid all of his income tax. The Internal Revenue Service has slapped him and his wife with a $10…

Mar 3, 2010 8:23 PM CST

Early Retirements Ahead? Report Says Law Firms Are ‘Over Partnered’

America’s top 100 law firms reacted quickly with staff cuts and cost controls when they found themselves harder-hit by the economic downturn than smaller law firms. But more cuts are needed, according to a new report—and partner ranks should be thinned to achieve the savings. Before the economic downturn, law…

Mar 3, 2010 4:06 PM CST