Seven major US law firm signed to a letter to the Securities and Exchange Commission (SEC) expressing their opinion on how to best implement a proposal to allow shareholders to nominate company directors. The unusual
Law firm news by topic » Sullivan & Cromwell
Most of the top US law firms are currently not deferring associates despite the financial crisis. According to the AmLaw Daily, Wachtell, Lipton, Rosen and Katz; Sullivan & Cromwell; Paul, Weiss, Rifkind, Wharton &
The collapse of automotive giant General Motors has handed roles to at least 15 law firms so far in one of the largest restructurings to date. Clifford Chance (CC) has taken a high-profile role advising GM Europe on
The American International Group (AIG) lost a record sum of $99 billion in 2008. To save the US insurance giant, the Treasury Department yesterday agreed to another $30 billion government bailout. Davis Polk &
Wall Street leaders Skadden Arps Slate Meagher & Flom, Sullivan & Cromwell and Davis Polk & Wardwell have all seen falling profits and flat revenues in 2008. Dewey & LeBoeuf' also reported a profit dip. Dewey's gross
UK firm Linklaters has taken the top spot in a global mergers and acquisitions (M&A) league table for 2008, beating US rival Sullivan & Cromwell, which has held the top spot for four consecutive years. Advisory roles
Linklaters was hired to advise on four of the 10 biggest mergers and acquisitions in 2008, leading the M&A league table published by Bloomberg today. In the smallest deal market in four years, total announced mergers and
Allen & Overy (A&O), Linklaters and Sullivan & Cromwell have advised on a €6.3bn rights issue for recently formed brewing giant Anheuser-Busch InBev. Allen & Overy advised the underwriters, which included BNP
Associates at Sullivan & Cromwell and Cadwalader Wickersham & Taft will receive leaner year-end bonuses this year. Sullivan & Cromwell announced that year-end bonuses for 2008 range from $17,500 for first-years to
Sullivan & Cromwell told its associates yesterday to expect lower bonuses, but indicated that their salaries will rise in 2009. First-years at Sullivan earn a base salary of $160,000; senior associates' base pay
Law firms that used to handle dozens of M&A transactions may be doing poorly, but the bailout is a bonanza for others, such as Sullivan & Cromwell. H. Rodgin Cohen, chairman of New York's Sullivan & Cromwell, is
Wachtell Lipton Rosen & Katz and Sullivan & Cromwell have snared the lead roles on Morgan Stanley’s $9bn (£5.2bn) injection from Japanese bank Mitsubishi UFJ Financial Group...
Sullivan & Cromwell and Davis Polk & Wardwell have secured roles on US insurance giant AIG’s additional $37.8bn funding.
The top 10 firms as ranked in the Vault Guide to the Top 100 Law Firms are: 1. Wachtell, Lipton, Rosen & Katz (New York, NY) 2. Cravath, Swaine & Moore (New York, NY) 3. Sullivan & Cromwell (New York, NY) 4.
The third-quarter tables for legal advisers - those charts that list how many deals firms have worked on - provide few surprises but offer a glimpse into the tight credit market, which brought deals to a halt this summer