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Felix J. Kushnir Shareholder
Felix J. Kushnir Shareholder T 301-945-9298 F 301-230-2891 E [email protected] Felix Kushnir is a strategic business lawyer and advisor who represents private equity, venture capital and corporate clients in connection with mergers, acquisitions, dispositions, financings, technology transactions and joint ventures, as well as other transactional and securities matters. In 2019 and 2020, Felix advised clients in 26 M&A transactions representing over $980 million of enterprise value. Delivering more than just legal advice, Felix regularly provides introductions and guidance on partnerships and day to day business matters. As a result, he builds close relationships with his clients and is deeply involved in their businesses. In addition to mergers and acquisitions, Felix advises his clients in connection with venture capital financings, securities offerings, debt financings, recapitalizations and other strategic transactions, and he also serves as outside general counsel to industrial, government contracting, technology and emerging growth clients. One of his clients recently commented on his experience working with Felix, “Felix’s responsiveness and quick turnaround for our sensitive matter allowed us to accomplish our goals sooner than we expected and with a great result.” -client name withheld for confidentiality "We went into a sizeable M&A transaction knowing a whole lotta nothin’. Well, that’s not entirely true – we knew the legal work and negotiations were going to be complicated, labor-intensive, and stressful at times. The deal was all of those, but we realized quickly that we were in good hands with Felix Kushnir, and others on the M&A team at Shulman Rogers. -
Lessons Learned from Law Firm Failures
ALA San Francisco Chapter Lessons Learned from Law Firm Failures Kristin Stark Principal, Fairfax Associates July 2016 Page 0 About Fairfax Fairfax Associates provides strategy and management consulting to law firms Strategy & Performance & Governance & Merger Direction Compensation Management Strategy Development and Partner Performance and Governance and Merger Strategy Implementation Compensation Management Firm Performance and Operational Structures & Practice Strategy Merger Search Profitability Improvement Reviews Market and Sector Merger Negotiation and Pricing Partnership Structure Research Structure Client Research and Key Process Improvement Alternative Business Models Client Development Merger Integration Page 1 1 Topics for Discussion • Disruptive Change • Dissolution Trends • Symptoms of Struggle: What Causes Law Firms to Fail? • What Keeps Firms From Changing? • Managing for Stability Page 2 How Rapidly is the Legal Industry Changing? Today 10 Years 2004 Ago Number of US firms at $1 billion or 2327 4 more in revenue: Average gross revenue for Am Law $482$510 million $271 million 200: Median gross revenue for Am Law $310$328 million $193 million 200: NLJ 250 firms with single office 4 11 operations: Number of Am Law 200 lawyers 25,000 10,000 based outside US: Page 4 2 How Rapidly is the Legal Industry Changing? Changes to the Law Firm Business Model Underway • Convergence • Dramatic reduction • Disaggregation in costs • Increasing • Process Client commoditization Overhead improvement • New pricing Model efforts models • Outsourcing -
Bingham Mccutchen, LLP
Diversity is powerful. is Diversity bingham.com Attorney Advertising © 2013 Bingham McCutchen LLP One Federal Street, Boston MA 02110 T. 617.951.8000 Prior results do not guarantee a similar outcome. Bingham McCutchen® Bingham McCutchen, LLP 2014 VAULT/MCCA LAW FIRM DIVERSITY SURVEY One Federal Street Boston, MA 02110 Phone: 617-951-8000 Fax: 617-951-8736 www.bingham.com LOCATIONS Boston, MA; Hartford, CT; Los Angeles, CA; New York, NY; Orange County, CA; Lexington, KY; San Francisco, CA; Santa Monica, CA; Silicon Valley, CA; Washington, D.C.; Beijing, China; Frankfurt, Germany; Hong Kong, Hong Kong; London, England; Tokyo, Japan DIVERSITY LEADERSHIP Head(s) of Firm: Jay Zimmerman, Chairman and CEO; Steve Browne, Firm Managing Partner Diversity team leader(s): The Diversity Committee is chaired by 12 practicing partners. Focused on strategy, these partners comprise the Diversity Executive Committee, and its three working groups: Recruiting, Attorney Retention and Development, and Leadership and Business Development. The Diversity Executive Committee works with partner, associate and staff representatives - as well as leaders of various areas (such as Recruiting, Learning and Development and Marketing) - to implement our Diversity Action Plan. The Diversity Team Leaders are: Minita Shah-Mara, Director of Diversity and Inclusion; J. Bland, Diversity Executive Committee - Legal Recruiting; Ella Foley Gannon, Diversity Executive Committee - Legal Recruiting; Thurgood Marshall Jr., Diversity Executive Committee - Legal Recruiting; Julia Frost-Davies, -
Rethinking the Law Firm Organizational Form and Capitalization Structure
Scholarship Repository University of Minnesota Law School Articles Faculty Scholarship 2013 Rethinking the Law Firm Organizational Form and Capitalization Structure Edward S. Adams University of Minnesota Law School, [email protected] Follow this and additional works at: https://scholarship.law.umn.edu/faculty_articles Part of the Law Commons Recommended Citation Edward S. Adams, Rethinking the Law Firm Organizational Form and Capitalization Structure, 78 MO. L. REV. 777 (2013), available at https://scholarship.law.umn.edu/faculty_articles/90. This Article is brought to you for free and open access by the University of Minnesota Law School. It has been accepted for inclusion in the Faculty Scholarship collection by an authorized administrator of the Scholarship Repository. For more information, please contact [email protected]. Rethinking the Law Firm Organizational Form and Capitalization Structure EdwardS. Adams 1. INTRODUCTION The recent bankruptcy of large law firms has energized the debate over the viability of the traditional partnership model. Dewey & LeBeouf filed for bankruptcy in May 2012, becoming the largest law firm bankruptcy in U.S. history.' At its peak, Dewey employed 1,400 lawyers in several offices across the globe, causing some to ask whether Dewey's collapse was an iso- lated product of poor management or a symptom of greater systemic prob- lems. 2 But Dewey's bankruptcy was not the first to result in the dissolution of a large firm. The financial downturn of 2008 deeply affected the legal profession, and several firms went under. Many have already questioned the traditional business structure of the law firm in light of these bankruptcies and the manner in which they oc- curred.4 Partner defections and limited capital place criticism squarely on the partnership model as a major factor in these bankruptcies. -
March 2, 2009 Roger P. Joseph Bingham Mccutchen
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON. D.C. 20549 DIVISION OF INVESTMENT MANAGEMENT March 2, 2009 Roger P. Joseph Bingham McCutchen LLP One Federal Street Boston, MA 02110-1726 Re: Master Portfolio Trust-Liquid Reserves Portfolio (File No. 811-10407) and Legg Mason Partners Money Market Trust-Western Asset Money Market Fund (File No. 811-04052) Dear Mr. Joseph: Your letter ofFebruary 24,2009 requests our assurance that we would not recommend that the Securities and Exchange Commission (the "Commission") take any enforcement action under Sections 17(a)(1i, 17(di and 12(d)(3)3 ofthe Investment Company Act of 1940 (the "Act"), and the rules thereunder, ifMaster Portfolio Trust and Legg Mason Partners Money Market Trust (each, a "Trust," and collectively, the "Trusts"), each ofwhich is registered with the Commission as an open-end investment company under the Act, amend the agreements and letter of credit summarized below and more fully described in the letter. Liquid Reserves Portfolio is a series ofthe Master Portfolio Trust, and the Western Asset Money Market Fund is a series ofLegg Mason Partners Money Market Trust (each a "Fund," and collectively, the "Funds"). Liquid Reserves Portfolio is a master fund in a master/feeder Section l7(a)(1) generally makes it unlawful for any affiliated person of a registered investment company, or an affiliated person of such person, acting as principal, to knowingly sell any security or other property to the registered investment company. 2 Section l7(d) generally makes it unlawful for any affiliated person ofa registered investment company, or any affiliated person of such a person, acting as principal, to effect any transaction in which the registered investment company is a joint or joint and several participant with such person in contravention ofrules and regulations adopted by the Commission. -
Tech Savvy Pg 7.Pmd
The BTI Tech-Savvy Team for Law Firms 2003 Published by The BTI Consulting Group, Inc. 167 Milk Street, Suite 340 Boston, MA 02109 (617) 439-0333 Best of the Best Jones Day Leaders Cooley Godward Howrey Simon Arnold & White Gibson, Dunn & Crutcher Sidley Austin Brown & Wood Honorable Mentions Bingham McCutchen Gray Cary Ware & Freidenrich Clifford Chance Holland & Hart Cravath, Swaine & Moore Mayer, Brown, Rowe & Maw Crowell & Moring Paul, Weiss, Rifkind, Wharton & Garrison Dewey Ballantine Rader, Fishman & Grauer Foley & Lardner Skadden, Arps, Slate, Meagher & Flom Law Firms also Cited by Clients as Most Tech-Savvy Adams and Reese Merchant & Gould Allen & Overy Morgan, Lewis, & Bockius Alston & Bird Morrison & Foerster Andrews & Kurth Myers and Hulse Armstrong Teasdale Orrick, Herrington & Sutcliffe Arnold & Porter Palmer & Dodge Covington & Burling Patterson, Belknap, Webb & Tyler Faegre & Benson Paul, Hastings, Janofsky & Walker Finnegan, Henderson, Farabow, Garrett & Dunner Proskauer Rose Freshfields Bruckhaus Deringer Robins, Kaplan, Miller & Ciresi Greenberg Traurig Ryley Carlock & Applewhite Hogan & Hartson Sedgwick, Detert, Moran & Arnold Holland & Knight Shook, Hardy & Bacon Hughes & Luce Simpson Thacher & Bartlett Hunton & Williams Stroock & Stroock & Lavan Johnson, Finkel, DeLuca & Kennedy Sutherland Asbill & Brennan Jorden Burt Venture Law Group Kirkland & Ellis Wachtell, Lipton, Rosen & Katz Knobbe Martens Olson & Bear Warner Norcross & Judd Linklaters Weil, Gotshal & Manges Littler Mendelson Wiley Rein & Fielding McDermott, Will & Emery Wilmer, Cutler & Pickering McguireWoods Winston & Strawn This article reprinted with permission from The BTI Consulting Group, Inc. Further duplication without permission is prohibited. All rights reserved. Source: The BTI Tech-Savvy Team for Law Firms © The BTI Consulting Group, Inc. All rights reserved The BTI Tech-Savvy Team for Law Firms 617-439-0333 · www.bticonsulting.com. -
United States District Court, SD California. QUALCOMM
Untitled Document 2/28/10 4:30 AM United States District Court, S.D. California. QUALCOMM INCORPORATED, Plaintiff. v. BROADCOM CORPORATION, Defendants. Broadcom Corporation, Counter-Claimant. v. Qualcomm Incorporated, Counter-Defendant. Civil No. 05CV1392-B(BLM) May 1, 2006. Adam Arthur Bier, Christian E. Mammen, James R. Batchelder, Day Casebeer Madrid and Batchelder, Kevin Kook Tai Leung, Law Office of Kevin Kook Tai Leung, Cupertino, CA, Barry Jerome Tucker, David E. Kleinfeld, Foley & Lardner LLP, James T. Hannink, Kathryn Bridget Riley, Randall Evan Kay, Brooke Beros, Dla Piper US, Brandon Hays Pace, Heller Ehrman LLP, Heidi Maley Gutierrez, Higgs Fletcher and Mack, San Diego, CA, E Joshua Rosenkranz, Heller Ehrman, Evan R. Chesler, Richard J. Stark, Cravath Swaine and Moore LLP, Richard S. Taffet, Bingham McCutchen, New York, NY, Nitin Subhedar, Heller Ehrman, Menlo Park, CA, Jaideep Venkatesan, Heller Ehrman, Menlo Park, CA, Jason A. Yurasek, Perkins Coie LLP, San Francisco, CA, Patrick Taylor Weston, McCutchen Doyle Brown and Enersen, Walnut Creek, CA, William F. Abrams, Bingham McCutchen, East Palo Alto, CA, for Plaintiff. Alejandro Menchaca, Andrew B. Karp, Brian C. Bianco, Christopher N. George, Consuelo Erwin, George P. McAndrews, Gregory C. Schodde, Joseph F. Harding, Lawrence M. Jarvis, Leonard D. Conapinski, Matthew A. Anderson, Ronald H. Spuhler, Scott P. McBride, Stephen F. Sherry, Thomas J. Wimbiscus, Jean Dudek Kuelper, McAndrews Held and Malloy, Chicago, IL, Allen C. Nunnally, Daniel M. Esrick, John J. Regan, John S. Rhee, Joseph F. Haag, Kate Saxton, Louis W. Tompros, Richard W. O'Neill, Stephen M. Muller, Vinita Ferrera, Wayne L. Stoner, William F. -
LA Office Pivotal to Jenner's Steady Growth
LOS ANGELES www.dailyjournal.com WEDNESDAY, APRIL 11, 2012 LAW FIRM BUSINESS LA office pivotal to Jenner’s steady growth By Casey Sullivan River,” said Jenner’s firm wide managing “Many firms profess to have ‘synergy’ Daily Journal Staff Writer partner Susan Levy of the office’s impor- with laterals but when put to the test tance. “Opening in Los Angeles really of tracking import/export of work, fall ince setting its stake in Los Ange- solved those problems and assisted us with short. Jenner has a remarkable track re- les three years ago with a pair of existing client relationships.” cord of lawyers in L.A. exporting work Slateral hires from Kirkland & Ellis In 2011, the firm picked up insurance to other offices.” LLP, Chicago litigation shop Jenner & practice leaders Jerry Oshinsky and Linda Los Angeles managing partner Rick Block LLP has built a venerable platform Kornfeld from Dickstein Shapiro LLP and Richmond refuses to rest on his laurels, around the city’s middle market with an Mary Calkins from Howrey LLP. Later however, and is looking at further lateral aggressive expansion strategy, industry that year, it raided Hogan & Lovells US prospects. He has reached out to various experts say. LLP’s Los Angeles office, which saw its headhunters throughout the city with Lawyers at the firm’s Los Angeles office headcount slashed in half, for a group hopes of attaining litigators in several will raise their glasses on Thursday night of litigators led by entertainment heavy- practices. to celebrate its growth in the region at its weight Rick Stone. -
Educating Artists
DUKE LAW MAGAZINE MAGAZINE LAW DUKE Fall 2006 | Volume 24 Number 2 F all 2006 Educating Artists V olume 24 Number 2 Also: Duke Faculty on the Hill From the Dean Dear Alumni and Friends, University’s Algernon Sydney Sullivan Medal, awarded annually for outstanding commitment to service. This summer, four Duke law faculty members were Graduates Candace Carroll ’74 and Len Simon ’73 called to testify before Congressional committees. have used their talents and resources in support Professor Neil Vidmar appeared before the Senate of civil liberties, women’s rights, and public inter- Committee on Health, Education, Labor and Pensions, est causes; their recent leadership gift to Duke’s to address legislation on medical malpractice suits. Financial Aid Initiative helps Duke continue to attract Professor Madeline Morris testified before the Senate the best students, regardless of their ability to pay, Foreign Relations Committee regarding ratification of and gives them greater flexibility to pursue public the U.S.–U.K. extradition treaty. Professor James Cox interest careers. Other alumni profiled in this issue offered his views on proposed reforms for the conduct who are using their Duke Law education to make a of securities class action litigation to the House difference include Judge Curtis Collier ’74, Chris Kay Committee on Financial Services Subcommittee ’78, Michael Dockterman ’78, Andrea Nelson Meigs on Capital Markets, Insurance, and Government ’94, and Judge Gerald Tjoflat ’57. Sponsored Enterprises. Professor Scott Silliman, I want to thank all alumni, friends, and faculty executive director of the Center on Law, Ethics and who contributed so generously to the Law School in National Security, was on Capitol Hill three times in the past year. -
Staying Put the Great Recession Led to a Ten-Year Low in Lateral Partner Moves
www.americanlawyer.com February 2011 THE LATERAL REPORT STAYING PUT The Great Recession led to a ten-year low in lateral partner moves. BY VICTOR LI FTER A RECORD YEAR for lateral moves What accounts for the drop? For one thing, the 2009 in 2009, law firm partners looked around numbers were artificially high because the market was in 2010 and decided that there was flooded with partners from firms that went under, such as no place like home. In the 12-month Heller Ehrman, Thacher Proffitt & Wood, Thelen, and period ending September 30, 2010, WolfBlock. (Those four firms accounted for 15 percent only 2,014 partners left or joined of the 2009 moves.) Additionally, continued economic un- Am Law 200 firms. That number certainty in 2010 meant that some firms were reluctant to was a hefty decrease—27 percent—from the same period hire. “In general, firms have been much more opportunistic a year earlier, when a whopping 2,775 partners moved. In [about partner recruiting], and that’s due to the relative sta- fact, 2010 marked the lowest number of partner moves bilization of the industry,” says Ari Katz, national director since 2000, when only 1,859 partners switched firms, and of legal recruiting at Bingham McCutchen. was well off the average of 2,458 partner moves each year Still, some firms defied this trend. DLA Piper could from 2005 to 2009. have installed turnstiles in its lobbies with all the turnover Illustration By JOHN UELAND it experienced as it brought in 67 partners, more than any other Am Rochester-based partners departed for LeClairRyan after our survey Law 200 firm, and was also among the leaders in departures—42. -
Tier 1 Law Firms Tier 2 Law Firms
U.S. News & World Report – Best Lawyers in America 2011-12 listed more than 160 law firms in its ranking of Intellectual Property Litigation Firms. Edwards Wildman Palmer LLP is proud to have been ranked a Tier 1 Firm. The following lists all firms named, and the Tier under which each is listed. TIER 1 LAW FIRMS Covington & Burling LLP Winston & Strawn LLP Fenwick & West LLP Alston + Bird LLP Finnegan, Henderson, Farabow, Garrett & Dunner, LLP Chaz De La Garza & Assoc., LLC Fish & Richardson P.C. Cravath, Swaine & Moore LLP Foley & Lardner LLP Debevoise & Plimpton LLP K&L Gates LLP DLA Piper LLP Kenyon & Kenyon LLP Edwards Wildman Palmer LLP McDermott Will & Emery LLP Greenberg Traurig LLP Morrison & Foerster LLP Holland & Knight, LLP Patterson Belknap Webb & Tyler LLP Howrey LLP Perkins Coie LLP Jones Day Sidley Austin LLP Kirkland & Ellis LLP Skadden, Arps, Slate, Meagher & Flom LLP Quinn Emanuel Urquhart & Sullivan, LLP Squire, Sanders & Dempsey, L.L.P. Simpson Thacher & Bartlett LLP Sullivan & Cromwell LLP Susman Godfrey LLP WilmerHale Weil, Gotshal & Manges LLP TIER 2 LAW FIRMS Akerman Senterfitt LLP Orrick, Herrington & Sutcliffe LLP Bingham McCutchen LLP Panitch Schwarze Belisario & Nadel LLP Cowan Liebowitz & Latman, P.C. Paul, Weiss, Rifkind, Wharton & Garrison LLP Davis Polk & Wardwell LLP Proskauer Rose LLP Davis Wright Tremaine LLP Ropes & Gray LLP Dechert LLP Vinson & Elkins LLP Faegre & Benson LLP Woodcock Washburn LLP Fitzpatrick, Cella, Harper & Scinto Abelman Frayne & Schwab Gibson, Dunn & Crutcher LLP Akin Gump Strauss Hauer & Feld LLP Goodwin Procter LLP Allen, Dyer, Doppelt, Milbrath & Gilchrist, P.A. Holland & Hart LLP Arnold & Porter LLP Kaye Scholer LLP Baker & McKenzie LLP Keker & Van Nest LLP Baker Botts L.L.P. -
Nameprotect Trademark Insider®
NAMEPROTECT TRADEMARK INSIDER® Comprehensive Guide: Trademark Industry IN THIS ISSUE: Top 200 Trademark Firms Top 100 Company Trademark Filers 2003 Industry Summary Madrid Protocol Annual NameProtect Trademark Insider AwardsTM Annual Report 2003 NameProtect ® digital brand protection Methodology Pre-Publication Review The NameProtect Trademark Insider® is developed through analysis of public Upon request, NameProtect is happy to offer any attorney, law firm or company trademark filings data compiled by the United States Patent and Trademark the opportunity to review our rankings prior to publication. Interested parties Office (PTO) and maintained in NameProtect's global trademark data center. may submit a request for pre-publication review to the Trademark Insider edi- tors at [email protected]. Data Integrity In order to ensure the integrity and accuracy of the law firm and company rank- Disclaimer ings presented herein, NameProtect employs the following data integrity practices: NameProtect makes every effort to ensure the accuracy of the data provided within this report. However, for various reasons including the potential for 1) Collection. As a trademark services provider, NameProtect collects and incomplete or inaccurate data supplied by the United States Patent and aggregates PTO and other trademark filing data from around the world, which Trademark Office, we cannot warrant that this report or the information con- is maintained in electronic form in the Company's trademark data center. tained herein is error free. NameProtect will not be liable for any reliance upon the 2) Normalization. In order to create this report, data from numerous fields data, analysis, opinions or other information presented within this report. within the PTO data set is normalized and parsed for detailed aggregation and Contact Information analysis.