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Law firm Mayer Brown lays off more lawyers
Law Firm News | 2010/04/12 09:31
pMayer Brown continues to hemorrhage lawyers, despite what the Chicago law firm says are encouraging signs for 2010./ppThe international firm said Thursday that laid off 28 lawyers in its U.S. offices, which represents 3 percent of the approximately 925 U.S. lawyers. The layoffs did not affect partners, only associates and lawyers known as counsel who are not on partnership track./ppMayer Brown also reduced its administrative staff by 47 people./ppThis is the third job reduction since November 2008 at Mayer Brown. The two previous rounds affected at least 78 lawyers. The firm blamed the previous downsizing on the recession, which cut demand for legal services. It said Thursday that demand has bounced back but not enough. In addition, voluntary attrition has dropped, meaning that the firm was overstaffed compared to anticipated demand for legal services this year./ppAlthough most of our practices are performing well, overall demand for legal services has not recovered fully, and in today's tight legal job market, voluntary lawyer departures have been significantly lower than our normal levels, Chairman Bert Krueger said in an e-mail to U.S. offices. A Mayer spokesman provided a copy of the e-mail but declined further comment./ppThe layoffs come as Mayer Brown partners are scheduled to gather in Chicago later this month for the firm's annual meeting./p


Beach, Chesapeake pay $9 million for outside legal help
Legal World News | 2010/04/12 09:31
pEach South Hampton Roads city has a cadre of attorneys on staff to deal with the many legal disputes that come with running a large city./ppSometimes, a case comes along that poses a potential conflict of interest, requires expertise that can't be found in-house, or just takes too much time./ppIn those scenarios, officials look outside the city attorney's office to hire a private law firm. That gets expensive./ppSaddled with long and costly legal battles, Chesapeake and Virginia Beach have paid nearly $9 million to private law firms over the past five years - more than twice the combined amount spent by Norfolk, Portsmouth and Suffolk./ppWhen we go through and see how much we have spent on outside counsel, I think we can do better, said Chesapeake Councilwoman Patricia Willis, who is a lawyer./ppCity Attorney Ronald Hallman said Chesapeake is a growing city and has faced a host of unique legal matters including opposition to a planned North Carolina landfill, the Battlefield Golf Club fly ash case, and a challenge to a police test by the U.S. Justice Department. All of these cases required specific expertise and lots of time, which equals large bills.
/p


BofA Merrill, Knight Capital, Franklin Templeton
Law Firm News | 2010/04/12 09:28
pThe following financial services industry appointments were announced on Monday. To inform us of other job changes, send an email to a href=mailto:moves@thomsonreuters.com.CONSTELLATIONmoves@thomsonreuters.com./ppCONSTELLATION/a WEALTH ADVISORS/ppThe independent multi-family investment company said it hired Christopher Smith as a principal. Smith was a director of the corporate client group at RBC Capital Markets./ppLEGAL amp; GENERAL INVESTMENT MANAGEMENT/ppChicago-based investment manager Legal amp; General Investment Management America said it hired Aaron Meder in a new role as head of U.S. pension solutions. Meder was a managing director and head of asset-liability investment solutions at UBS Global Asset Management./ppMAYER BROWN/ppThe law firm said it hired Dallas Parker from Thompson amp; Knight as a partner in its corporate and securities practice in Houston./ppFRANKLIN TEMPLETON INVESTMENTS/ppThe investment company named Adam Gorlyn vice president of its sovereign funds and supranationals group. Gorlyn worked as a portfolio specialist with the Franklin Templeton Fixed Income group./ppKNIGHT CAPITAL GROUP INC (NITE.O)/ppThe firm named Didier Bankole vice president of sales for its electronic trading group (ETG) in Europe. Bankole joins Knight from NYSE Euronext (NYX.N) where he was in charge of global account management./ppLASALLE INVESTMENT MANAGEMENT/ppLaSalle Investment Management appointed Andy Watson to the newly created role of head of core funds and separate accounts, continental Europe. Watson previously worked as international director in the company's Paris office./ppT. ROWE PRICE GROUP (TROW.O)/ppThe investment management firm named Michael Joehr as a client service executive focused on southern Europe and Switzerland. Most recently Joehr was senior relationship manager with Allianz Global Investors Europe GmbH./p


The Quiet American Hero – The Vinny Cinelli Story
State Law Issues | 2010/03/24 10:37
pAmerica has many “quiet heroes,” some of whom protect The Department of Energy’s Y-12 plant in Oak Ridge, Tennessee. These brave men are the “Elite Special Response Team,” some of the best-trained and best-equipped forces protecting America’s nuclear weapons and material, with deadly force if necessary. These “Elite Special Response” teams are filled with professionals that have served in the military and law enforcement. It’s not uncommon to find former Marines, Army Rangers, Special Forces, and police veterans serving in various positions within these teams. /ppThey use words like honor, code, and loyalty. They use these words as the backbone of a life spent defending something. And they live up to their words: They walk their talk – and one of these quiet heroes is Vincent “Vinny” Cinelli, who, while riding his motorcycle one March day in broad daylight, was run down by a hit and run driver, someone who does not live a life of honor, code, and loyalty. Vinny Cinelli was severely injured, but miraculously recovered! And today, The Insider Exclusive is here to tell his story: The true story of the magnificent courage of Vinny Cinelli and how his lawyer, Bruce Fox of the Law Firm of Fox amp; Farley in Clinton, Tennessee, got justice for Vinny. /ppAnd because of Bruce’s extraordinary success in the courtroom, he has earned the highest respect from citizens and lawyers alike as one of the best plaintiffs’ trial lawyers in Tennessee and the nation. It is said that “The true measure of any man is not how they stand in moments of comfort and convenience, but how they stand in moments of challenge and controversy.” Both Bruce and Vinny have stood in those moments of challenge and controversy. And that’s why The Insider Exclusive salutes both of these quiet American heroes. /ppBruce D. Fox is a partner and co-founder of Fox and Farley. His personal injury practice focuses on automobile accidents, workers’ compensation, products liability, hospital and nursing home injuries, and trucking litigation. In addition, Bruce has significant multi-state lead counsel class action litigation experience against a variety of defendants. Bruce is co-founder of the Energy Workers’ Legal Resource Center in Oak Ridge, Tennessee, a law firm dedicated to helping local energy workers sick with serious lung diseases, cancers and hearing loss as a result of their work for various Department of Energy contractors.

a href=http://www.insiderexclusive.com/component/content/article/1-shows/124-the-quiet-american-hero-the-vinny-cinelli-storyhttp://www.insiderexclusive.com/component/content/article/1-shows/124-the-quiet-american-hero-the-vinny-cinelli-story/a-/p


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