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Jones Day Lawyers Named To Northern California Super Lawyers & Rising Stars Lists
Law Firm News | 2009/08/17 16:19
According to their website, 19 Jones Day lawyers are included in Law & Politics magazine's lists of Northern California Super Lawyers and Rising Stars. Those lawyers are listed on their website.

Super Lawyers are the top attorneys in their respective practice areas, selected by their peers and verified by the attorney-led research staff at Law & Politics.

2009 marks the inaugural year for Northern California Rising Stars, who must be 40 years old or younger, or in practice 10 years or fewer. The selection process includes nominations by Northern California Super Lawyers and evaluation by Law & Politics' research department.

The selection of the 2009 Northern California Super Lawyers & Rising Stars is based on surveys of more than 48,500 lawyers across northern California. Each lawyer was given a score based on the number of votes received and the source of those votes.

Law & Politics, a publication of Key Professional Media, Inc., has been publishing legal magazines since 1990 and Super Lawyers since 1991.


Baker & McKenzie's Profits Fall 17 Percent
Law Firm News | 2009/08/14 16:08
According to The American Lawyer, Baker & McKenzie reported Friday that global revenue declined 3 percent to $2.11 billion and profits per partner fell a more significant 17 percent to $992,000 in fiscal year 2009, bringing an end to a four-year period over which the firm experienced consecutive double-digit revenue growth and an 85 percent increase in profits.

While Chicago-based Baker & McKenzie, which generated 66 percent of its fees outside the United States, highlighted the role currency exchange rates played in the falling benchmarks for fiscal year 2009, management admitted the economic downturn negatively impacted the firm's financial performance.

"The financial crisis progressed into an economic recession that has been very challenging for our clients, for all law firms and for us," said John Conroy, chairman of the firm's executive committee. According to Conroy, the impact of the economic downturn has been muted by the firm's proactive efforts, beginning more than eight months ago, to engage clients and adjust to their legal needs. This has included expanding the firm's restructuring practice.

Other practice areas helped hold up the firm's bottom line. Labor and employment, intellectual property and tax remained resilient throughout the downturn, Conroy says.


Wilson Sonsini Names New CEO
Law Firm News | 2009/08/13 16:36

The Recorder reports that Wilson Sonsini Goodrich & Rosati has reached into its core for its new chief executive.

The firm announced Tuesday that corporate rainmaker Steven Bochner would be taking over from partner John Roos, who was confirmed as US ambassador to Japan last week. The partnership voted unanimously Monday.

Observers say it's a natural pick.

"The soul of what the firm does is corporate," San Francisco recruiter Gary Davis said. "Steven happens to be one of the more beloved partners, accomplished in his own regard."



White & Case Advises On Tender Offer And Consent Solicitation By SRE Group
Law Firm News | 2009/08/04 16:10
According to the firm's website, global law firm White & Case LLP advised Deutsche Bank AG, Singapore Branch as sole dealer manager in an all-cash, fixed-price tender offer and consent solicitation by SRE Group Limited, formerly known as Shanghai Real Estate Limited. SRE Group is a real estate development company specializing in property and land development and building construction. Its real estate business is concentrated in Shanghai.

SRE Group launched the tender offer and consent solicitation for its 8.625% Guaranteed Senior Notes due 2013 on June 6, 2009. As of the expiration of the tender offer and consent solicitation, approximately 79.1 percent of the holders of the notes delivered their consents, and 64.3 percent tendered their notes. SRE Group funded the tender offer and consent solicitation from the proceeds of a top-up equity placement and issuance of convertible bonds.


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