var googletag = googletag || {}; googletag.cmd = googletag.cmd || []; googletag.cmd.push(function() { googletag.pubads().disableInitialLoad(); });
device = device.default;
//this function refreshes [adhesion] ad slot every 60 second and makes prebid bid on it every 60 seconds // Set timer to refresh slot every 60 seconds function setIntervalMobile() { if (!device.mobile()) return if (adhesion) setInterval(function(){ googletag.pubads().refresh([adhesion]); }, 60000); } if(device.desktop()) { googletag.cmd.push(function() { leaderboard_top = googletag.defineSlot('/22018898626/LC_Article_detail_page', [468, 60], 'div-gpt-ad-1591620860846-0').setTargeting('pos', ['1']).setTargeting('div_id', ['leaderboard_top']).addService(googletag.pubads()); googletag.pubads().collapseEmptyDivs(); googletag.enableServices(); }); } else if(device.tablet()) { googletag.cmd.push(function() { leaderboard_top = googletag.defineSlot('/22018898626/LC_Article_detail_page', [320, 50], 'div-gpt-ad-1591620860846-0').setTargeting('pos', ['1']).setTargeting('div_id', ['leaderboard_top']).addService(googletag.pubads()); googletag.pubads().collapseEmptyDivs(); googletag.enableServices(); }); } else if(device.mobile()) { googletag.cmd.push(function() { leaderboard_top = googletag.defineSlot('/22018898626/LC_Article_detail_page', [320, 50], 'div-gpt-ad-1591620860846-0').setTargeting('pos', ['1']).setTargeting('div_id', ['leaderboard_top']).addService(googletag.pubads()); googletag.pubads().collapseEmptyDivs(); googletag.enableServices(); }); } googletag.cmd.push(function() { // Enable lazy loading with... googletag.pubads().enableLazyLoad({ // Fetch slots within 5 viewports. // fetchMarginPercent: 500, fetchMarginPercent: 100, // Render slots within 2 viewports. // renderMarginPercent: 200, renderMarginPercent: 100, // Double the above values on mobile, where viewports are smaller // and users tend to scroll faster. mobileScaling: 2.0 }); });
×
( 4 votes, average: 4.2 out of 5)
What do you think about this article? Rate it using the stars above and let us know what you think in the comments below.
02/03/14

Two Corporate Attorneys Move Over to McDermott from Kirkland & Ellis


Two corporate lawyers, Stephanie McCann and Leonard Klingbaum have moved over from Kirkland & Ellis LLP to join as partners at McDermott Will & Emery, the WSJ Law Blog reported. McCann advises on the portfolio of private equity companies and the companies themselves on financial matters, while Klingbaum oversees the debt-finance transactions and represents companies, private-equity firms and lenders.

The lateral moves have made news because Kirkland & Ellis is known to have one of the strongest teams doing private-equity and bankruptcy work and is one of the highest-grossing U.S. law firms. According to the American Lawyer magazine, Kirkland had revenue of $1.9 billion in 2012, while McDermott made $851 million, an amount significantly less than Kirkland.

The partner moves were fueled not just by better financial prospects for the lawyers concerned, but by opportunities to participate in more meaningful roles in a law firm structure. Both the law firm partners who shifted base are attracted by the opportunities of growth at McDermott and the prospects of contributing to upgrading the capacity of practice areas at their new law firm.

McDermott co-chair Peter Sacripanti told the Wall Street Journal Law Blog: "We have been quietly building and upgrading our private-equity capacity … We have also been building the bankruptcy practice, and one of the components of that is distressed debt."

The new partners would be helping in these areas, and the firm is focused on increasing the depth and sophistication of their services provided to middle-market transactions. And in trying to expand those services, Sacripanti observed, "you need lawyers that have those skills, especially in the finance area, and that is where Stephanie and Leonard come in."

The lateral moves by the law firm partners were taken in good grace by Kirkland and a spokeswoman of the firm said the firm wished both the partners well in their future endeavors.

As the WSJ law blog confirmed, the departure of these partners are not a sign of the weakening of Kirkland's finance practice to any extent, and even last year, Kirkland worked on global buyouts worth a combined $50 billion, only during the first three quarters: a feat that Law360 described as "dwarfing its nearest competitors."

Kirkland & Ellis has also been making lateral hires from other big law firms. Some recent such hires include Sean Rodgers from Simpson Thacher & Bartlett, and Rick Madden from Skadden, Arps, Slate, Meagher & Flom LLP.

McDermott Law Firm

    


Featured Testimonials

The regular email update is one of the best features. I had a wonderful time with LawCrossing.
Jennifar


Facts

LawCrossing Fact #104: We’ve got the tools for you to land the perfect job -- come USE THEM!!!

 
Let's Do It!
Email:

Only LawCrossing consolidates every job it can find in the legal industry and puts all of the job listings it locates in one place.

  • We have more than 25 times as many legal jobs as any other job board.
  • We list jobs you will not find elsewhere that are hidden in small regional publications and employer websites.
  • We collect jobs from more than 250,000 websites and post them on our site.
  • Increase your chances of being seen! Employers on public job boards get flooded with applications. Our private job boards ensure that only members can apply to our job postings.

Success Stories

LawCrossing is great at picking up all of the legal listings everywhere across the internet. I could have gone to three different sites to search, but you had them all on your site. That was extremely helpful. LawCrossing is a one stop shop!
  • Eileen Baca-Penner New Mexico