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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, -
PATHWAY to LAW Building a Diversity Pipeline Into the Law
PATHWAY TO LAW Building a Diversity Pipeline into the Law A PARTNERSHIP OF: The State Bar of California The California Lawyers Association The California Department of Education The California Community College Chancellor’s Office’ Loyola Marymount University and Loyola Law School The University of California Undergraduate and Law School @ Davis, Berkeley, UCLA, and Irvine Santa Clara University and School of Law University of San Francisco and School of Law University of Southern California and School of Law Pepperdine University and School of Law State Bar of California 2004 Long Term Strategic Plan Values Statement: The State Bar of California believes in Diversity and Broad Participation in Bar Membership and Leadership. Mission: The State Bar of California's mission is to protect the public and includes the primary functions of licensing, regulation and discipline of attorneys; the advancement of the ethical and competent practice of law; and support of efforts for greater access to, and inclusion in, the legal system. Assembly Bill 3249 Signed by Governor Brown September 2018 The bill requires the State Bar to develop and implement a plan to meet certain goals relating to access, fairness, and diversity in the legal profession and the elimination of bias in the practice of law. The bill would require the State Bar to prepare and submit a report on the plan and its implementation to the Legislature, by March 15, 2019, and every 2 years thereafter. The first Diversity Report to the Legislature was submitted by the State Bar of California in March 2019. COUNCIL ON ACCESS AND FAIRNESS Created in 2007 Think Tank for diversity in the legal profession Supported creation of law academies in 2010 as the first “Boots on the Ground” diversity program Launched the Pathway to Law Initiative in 2014 The California Lawyers Association The California Lawyers Association, formed in 2018, included Diversity and Inclusion in their Mission Statement. -
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. -
Loyola Lawyer Law School Publications
Loyola Lawyer Law School Publications Fall 9-1-1990 Loyola Lawyer Loyola Law School - Los Angeles Follow this and additional works at: https://digitalcommons.lmu.edu/loyola_lawyer Repository Citation Loyola Law School - Los Angeles, "Loyola Lawyer" (1990). Loyola Lawyer. 24. https://digitalcommons.lmu.edu/loyola_lawyer/24 This Magazine is brought to you for free and open access by the Law School Publications at Digital Commons @ Loyola Marymount University and Loyola Law School. It has been accepted for inclusion in Loyola Lawyer by an authorized administrator of Digital Commons@Loyola Marymount University and Loyola Law School. For more information, please contact [email protected]. ALUMNI DINNER SET FOR NOVEMBER 15 he Loyola Law School Alumni Friedlander; John]. Karmelich, Charles Dinner honoring distinguished H. Kent, ]ames H. Kindel, Harry V T alumnus Professor William Leppek, Stanley P. Makay. Angus D. Coskran '59 and The Class of 1940 will be McDonald, John R. Morris, Hon. Thomas held Thursday. November 15, 1990 at the c. Murphy. P.E Rau, George R. Stene, Sheraton Grande Hotel in downtown Steven Wixon and Jack E. Woods. Los Angeles. Tickets for the dinner are $75 each or The Distinguished Service Award will $750 for a table of ten. For reservations be presented to Coskran by the Loyola and ticket information, contact the Law School Alumni Association for de Loyola Alumni Office at (213) 736-1096. dicated and humanitarian service to his Cocktails will be served at 6:00p.m., and school, profession and community Past dinner at 7:30p.m., in the Sheraton's recipients ofthe Loyola Law School Grande Ballroom. -
Sande Lynn Buhai
SANDE LYNN BUHAI Loyola Law School 213 – 736 1156 919 Albany Street [email protected] Los Angeles, CA 90041 EDUCATION: Loyola Law School, Los Angeles, CA, J.D. 1982, cum laude (top 6%) Loyola International Law Journal, Note and Comment Editor Loyola Reporter, Staff Western State Scholarship Recipient Mabel Wilson Richards Scholarship Recipient St. Thomas More Law Honor Society Scott Moot Court Kings College of Law, University of London, UK, Summer 1981 University of California at Los Angeles, CA, B.A., English 1979 Daily Bruin, Staff PROFESSIONAL EXPERIENCE Loyola Law School, Los Angeles, CA Clinical Professor, 1994-present Visiting Professor, 1989-1994 Director, Public Interest Law Department, 1994-present Coordinator, Appellate Advocacy Program, 2000-2016 Chair, Admissions Committee, 2013-15 Member, Admissions Committee, Clinics and Externships Committee, Advocacy Committee Courses taught: Ethical Lawyering, Administrative Law, Trial Advocacy, Appellate Advocacy, Disability Rights, Legal Drafting, Law Practice Management, Public Interest Seminar, Animal Law, Introduction to Negotiation, Torts, and Legal Writing Southwestern University School of Law, Los Angeles, CA Visiting Professor, Sum 2005, 2006, 2007, Fall 2007, Sum 2008, Fall 2010 Courses taught: Disability Law, Animal Law University of International Business and Economics, Beijing, China Visiting Professor, Sum 1991 Course taught: U.S. Corporations 2019 – Sande Buhai CV Page 1 Western Law Center for Disability Rights, Los Angeles, CA Executive Director, 1989-1994 Responsible for managing the organization, supervising staff and students, and serving as lead attorney on complex disability rights litigation. Increased staff and budget by 100% over five years. Deputy Attorney General, State of California, 1984-1989 Represented the California Department of Consumer Affairs in civil and administrative actions. -
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. -
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.