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Skadden To Cut Summer Class By Half, Change Recruiting Process
Firm News | 2009/08/24 13:51
The American Lawyer reports that Skadden, Arps, Slate, Meager amp; Flom is cutting the size of its 2010 summer associate class by half and adjusting its recruitment strategy by making all of its offers on a single day in late September, according to a copy of a letter the firm will send to prospective summers.

Skadden hired 225 summer associates this year and expects to hire a little more than 100 next year, though the precise figure will depend on offer acceptance rates, says Howard Ellin, Skadden's recruiting partner.

The firm will not rescind offers to any prospective 2010 summers; if, say, 150 summers accept, the firm will hire all 150 even though that number exceeds the figure it currently has in mind, Ellin says.

The idea of rescinding offers is unprofessional and a shock to our conscience, he says.


Healthcare Expert Ken Yood Joins Sheppard Mullin
Headline News | 2009/08/21 09:12
A press release distributed by Sheppard Mullin today states that Kenneth Yood has joined the Los Angeles/Century City office of Sheppard, Mullin, Richter amp; Hampton LLP as a partner on the firm's Healthcare team and in the Corporate practice group.nbsp; Yood joins Sheppard Mullin from Fulbright amp; Jaworski in Los Angeles.p style=margin: 0in 0in 0.0001ptspan style=font-size: 10pt
/span/pp style=margin: 0in 0in 0.0001ptspan style=font-size: 10ptKen Yood represents healthcare providers and healthcare companies, including specialty and general acute hospitals (including local district, nonprofit and for-profit facilities), home health agencies, pharmaceutical vendors, nursing facilities, and health information and management providers. Yood has expertise in Medicare and Medicaid reimbursement and certification, state licensing, and federal regulatory compliance.nbsp; He also counsels clients on physician referral law limitations, state and federal fraud and abuse issues, and state and federal false claims and program fraud matters.nbsp; Additionally, Yood helps clients operate and establish healthcare compliance programs, as well as internal and external investigations of healthcare facilities.
/span/pp style=margin: 0in 0in 0.0001ptspan style=font-size: 10pt
/span/ppspan style=font-size: 10ptKen is an impressive healthcare attorney with an excellent reputation in the industry, who brings significant knowledge and expertise to the firm.nbsp; Ken's experience in healthcare regulatory and reimbursement matters dovetails well with our interdisciplinary healthcare practice.nbsp; Additionally, his transactional expertise will be of value to our private equity clients, as investment interest in this area heats up, said Guy Halgren, chairman of the firm.
/span/ppspan style=font-size: 10ptCommented Yood, With a growing healthcare group, a well-established position in California and a very strong healthcare labor practice, Sheppard Mullin is a perfect platform for my practice and clients. The firm has an entrepreneurial and collegial culture, which I value highly.nbsp; I look forward to working closely with partner Eric Klein in Century City, whole ads the firm's Healthcare team.
/span/ppspan style=font-size: 10ptYood received a J.D. from University of New York at Buffalo School of Law in 1989, a M.A. in Public Health from Harvard University in 1990 and a B.A. from Haverford College in 1986.nbsp; He has been recognized as a leading healthcare lawyer in Chambers USA: America's Leading lawyers for Business since 2005./span/ppspan style=font-size: 10ptAlso today, Louis Lehot joined Sheppard Mullin's Corporate practice group as a partner in the Silicon Valley office from Simpson Thacher amp; Bartlett in Palo Alto.nbsp; Earlier this year, Brian Weimer joined the Sheppard Mullin's Washington, D.C. office and Todd Bissett joined the firm's Shanghai office as partners in the Corporate practice group.nbsp; Weimer joined from Latham amp; Watkins in Washington, D.C. and Bissett joined from O'Melveny amp; Myers in Beijing.
/span/ppspan style=font-size: 10ptSheppard Mullin has 200 attorneys based in its Los Angeles offices (Downtown and Century City).nbsp; The firm's Corporate practice group includes more than 100 attorneys firm wide and the Healthcare team includes more than 20 attorneys.nbsp; /span/p


Brown Rudnick Ends Deferred Start Dates For 11 First-Years
Firm News | 2009/08/20 09:13
The National Law Journal reports that Brown Rudnick is shelving deferred start dates for 11 first-year associates, saying it needs to tackle a surge in bankruptcy and litigation work.

Under the plan, first reported by the Boston Business Journal, the firm will have the associates start on Sept. 14 instead of Nov. 30.

The original class included 27 first-years. Three will remain deferred until Nov. 30. Another dozen remain deferred until 2010. One more has taken a job in Singapore, said firm CEO Joe Ryan, who is also a senior partner in the firm's bankruptcy amp; finance practice group.

The good news is since we made that decision [to defer] we've become very busy and it certainly looks like that's going to be sustained, Ryan said.


Law Firms Submit Joint Letter To SEC To Oppose Shareholder Nominations To Corporate Boards
Firm News/New York | 2009/08/19 09:11
According to The New York Law Journal, seven of Manhattan's elite law firms took the rare step of signing on to a single letter to the Securities and Exchange Commission to voice their opinion on how the agency should implement a proposal to allow shareholders to nominate company directors.

Lawyers involved in drafting the letter, submitted Monday, acknowledge it was rare for one letter to come from all the firms, which included Cravath, Swaine amp; Moore, Sullivan amp; Cromwell and Wachtell, Lipton, Rosen amp; Katz.

At least four of the firms also sent separate letters addressing concerns with the policy direction the SEC is taking.


Weil Poised To Pass $100 Million Mark In Lehman Bankruptcy Fees
Headline News | 2009/08/18 09:11
According to The American Lawyer, we may have to scan the dockets of the largest bankruptcies in recent US history to see if any of them produced so much legal work as quickly as the Lehman Brothers Chapter 11span style=text-decoration: underline/span has since the bank filed for bankruptcy almost exactly 11 months ago.p /pTo wit: Weil, Gotshal amp; Manges filed its second application for legal fees and expenses late Monday, and, if approved, the firm will have crossed the $100 million mark in total billings if one includes so-called hold back payments the court will distribute at a later date.

The second application covers four months -- Feb. 1 through May 31-- and it comes just a few days after Judge James Peck of federal bankruptcy court in Manhattan approved Weil's initial request for about $55 million in fees and expenses for the period of Sept. 15, 2008 through January of this year. As the Wall Street Journal reported Monday, that application got the approval of not only Peck, but also a special fee committee headed up by Kenneth Feinberg (the Obama administration's pay czar).


Jones Day Lawyers Named To Northern California Super Lawyers Rising Stars Lists
Headline News | 2009/08/17 09:19
According to their website, 19 Jones Day lawyers are included in Law amp; 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 amp; 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 amp; Politics' research department.

The selection of the 2009 Northern California Super Lawyers amp; 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 amp; Politics, a publication of Key Professional Media, Inc., has been publishing legal magazines since 1990 and Super Lawyers since 1991.


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