North Carolina law firm Sanford Holshouser is merging with South Carolina-based firm Nexsen Pruet.The merger announcement will be made today, the News & Observer reports. Nexsen Pruet chairman Leighton Lord III told the publication that for the past three years, the law firm’s strategic plan has called for a Raleigh, N.C., office, but the firm didn’t want to open there without a group of experienced lawyers.Nexsen Pruet plans to move Sanford Holshouser’s seven lawyers in Cary to Raleigh. Former Gov. James Holshouser will still practice under the Sanford Holshouser name in Pinehurst, N.C., and will be of counsel to Nexsen Pruet, the story says.Nexsen Pruet currently has 180 lawyers in North and South Carolina.Sanford Holshouser managing partner Ernie Pearson said the move will give his firm’s lawyers the opportunity to work on a greater variety of matters. “Quite frankly, I wrestled with this,” Pearson told the News & Observer. But … [Read more...] about Sanford Holshouser Merges with Nexsen Pruet
Merge sort w miejscu
How Dewey management’s rosy picture masked an ugly truth
American Lawyer magazine. “We wanted to be the firm that targeted complicated and challenging work from great clients and was capable of working throughout the globe.”After the 2007 merger of the highly regarded New York City-based firms Dewey Ballantine and LeBoeuf, Lamb, Greene & McRae, Davis’ primary focus for several years was integration. That changed when 2011 hit, as Davis said he felt it was time to execute part two of his plan to make Dewey into a global law firm behemoth.During its last year and change of existence, Dewey & LeBoeuf was clearly in expansion mode, having welcomed nearly 40 lateral partners, including well-respected lawyers and BigLaw veterans such as Latin America corporate specialist Michael Fitzgerald of Milbank, Tweed, Hadley & McCloy; mergers and acquisitions partner Ilan Nissan of O’Melveny & Myers; and intellectual property litigator Henry Bunsow and antitrust litigator Roxann Henry, both of whom came from … [Read more...] about How Dewey management’s rosy picture masked an ugly truth
Life in Question…Continued
In the Spring of 2001, we called on five busy lawyers and asked them to open up to our readers. They lived diverse lives in different parts of the country, practicing in different areas of the law and dealing with different kinds of family demands.All had experienced a recent event that compelled them to question how they wanted to live their lives. And all had taken thoughtful, affirmative actions toward crafting an individualized answer.Fast-forward five years.At the request of the ABA Journal, these remarkable lawyers have again agreed to let readers into their lives, sharing how they’ve responded to challenge, change, heartache and joy while continuing the self-examination they find crucial to balancing life and the law.MELINDA BURROWSProgress EnergyRaleigh, N.C.Melinda Burrows left a partnership at a major law firm in Washington, D.C., for an in-house job in slower-paced North Carolina. In 2001, she told us the change gave her more time for her family and … [Read more...] about Life in Question…Continued
Cagle vs. Kemp headlines Runoff Day in Georgia
Get breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings. SUBSCRIBE WASHINGTON — Georgia holds runoffs on Tuesday for the contests where no candidate surpassed 50 percent of the vote in the original May 22 primary races, and the marquee contest today is the GOP gubernatorial runoff between Lt. Gov. Casey Cagle and state Secretary of State Brian Kemp. This runoff has lasted more than two months since the original primary — giving Dem nominee Stacey Abrams a significant head start for the general election — and it has included leaked audio of Cagle (saying the contest was focused on “who had the biggest gun, who had the biggest truck and who could be the craziest”), plus a presidential endorsement (Trump backing Kemp). In the May 22 primary, Cagle got 39 percent, and Kemp got 26 percent. There is no real ideological difference between Cagle and Kemp — it isn’t Conservative vs. Moderate, or … [Read more...] about Cagle vs. Kemp headlines Runoff Day in Georgia
The Rise of the Megafirm
With that acquisition, the lawyer count will approach 7,000, a larger population than many small towns. That’s roughly 60 percent larger than the next-largest firms, Baker & McKenzie and DLA Piper, each of which has between 4,000 and 4,500 lawyers.Dentons’ aggressive expansion has forcefully raised anew two questions that have dogged the legal profession since the dawn of global megafirms: Exactly how big is too big? And can you still call it a law firm?Harvard Law School professor David Wilkins, whose research focuses on the legal profession, says the first question likely dates back to the mid-20th century, when the very first law firm grew to 100 lawyers. But the answer is really no clearer today.“It’s not as if there’s some natural limit on how big a law firm should be, or what should be its natural size,” Wilkins says. “But it is true that, as these firms get bigger, they face a whole variety of different and more difficult … [Read more...] about The Rise of the Megafirm