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We also could have required more debt-equity swaps, where the debt holders of the companies still had claims on the companies. [read post]
3 Mar 2010, 12:34 am
This is the conclusion of a report released this week by consultants at Hildebrandt Baker Robbins and Citigroup's Citi Private Bank division, which recommends that law firms look to their partner ranks, both equity and non-equity, in further cost-cutting efforts. [read post]
2 Mar 2010, 12:16 am
Revenue Down, Profits Flat at Winston & Strawn The American Lawyer Winston & Strawn saw gross revenue and overall productivity decline modestly last year while profits per equity partner held steady amid a difficult transactional climate. [read post]
28 Feb 2010, 11:56 pm
Revenue Falls 11 Percent, Profits Rise at Dewey The American Lawyer Dewey & LeBoeuf saw a dramatic drop in gross revenue in 2009 while profits per equity partner moved up 3.4 percent, the result of a 10 percent decrease in equity partner headcount, according to numbers released by the firm Friday. [read post]
28 Feb 2010, 6:59 pm
”The decision can have far-reaching and perhaps unintended consequences, not just for joint venture partners and private equity investors, but also for banks, financial institutions and even for regulators and stock exchanges. [read post]
28 Feb 2010, 9:51 am by Victoria Pynchon
In the typical one tier firm, where equity is the only form of partnership, 18% of equity partners are women. [read post]
26 Feb 2010, 11:04 am
NALP Announces Provisional Timing Guidelines for 2010, Adopting 28-Day Rolling Response Deadline [NALP] Earlier: NALP Won't Distinguish Between Equity and Non-Equity Partners: Women, Minorities, and Lovers of Truth Get Angry New NALP Rules Could Be on the Way Hell of a (Jones) Day, Today Law - Employment - Jones Day - Legal Recruiters - Marketing [read post]
25 Feb 2010, 12:15 am
Revenue per lawyer and profits per equity partner fell only about 5 percent, due to cuts in the firm's lawyer ranks; DLA laid off 101 U.S. associates last year. [read post]
24 Feb 2010, 10:34 am
In fact, Jones Day NY only has one black partner, 2 Hispanic partners, and 3 Asian partners. [read post]
23 Feb 2010, 12:30 pm by jessie
Thanks in part to the efforts of groups like NAWJ, NAWL and MCCA, surveying and ranking organizations like Vault and AmLaw have learned to distinguish between equity and non-equity partners when collecting data from firms on stats like profits-per-partner and diversity. [read post]
Editor’s Note: John Olson is a founding partner of Gibson, Dunn & Crutcher’s Washington, D.C. office and a visiting professor at the Georgetown Law Center. [read post]
22 Feb 2010, 4:32 pm by Richard A. Rogan
He also serves as the co-managing partner of JMBM's San Francisco office and co-chair of its Bankruptcy Practice Group. [read post]
22 Feb 2010, 8:04 am
Indeed, the seven city-states that make up UAE continue as a role model of expanding financial district with its modern skyline, impeccable amenities, and with the one of the most developed economies in the region. [read post]
22 Feb 2010, 8:01 am by Vanessa Vidal, Esq.
That's almost 20 percent above the firm's 2009 profits per equity partner of $802,111, as reported this month by The AmLaw Daily. [read post]
21 Feb 2010, 7:14 pm
”[16] Today, NCAA licensing deals alone are estimated at more than $4 billion [17] - a figure that has increased by forty percent since the early 1980s. [18] Furthermore, in 1999, the NCAA contracted with Columbia Broadcasting System (“CBS”), giving the company the exclusive right to broadcast March Madness for eleven years at roughly $ 6.2 billion or $ 560 million per year. [19]  Broadcast and marketing contracts have accounted for nearly 90% of the NCAA’s overall… [read post]