Law Firm News

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Law Firm News

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Winston & Strawn, LLP

Prominent Private Equity Attorney Joins Winston & Strawn's New York Office
Winston & Strawn LLP announced today that Christopher P. Giordano has joined its New York office as a partner in the corporate department. Giordano focuses his practice on private equity funds and their portfolio companies.

Giordano’s highly established corporate practice includes the representation of private equity funds in all stages of the investment process, including structuring, equity-sponsor buyouts, early and later round financings, growth-equity financings and liquidity events.

He has a wealth of experience representing private equity funds in connection with mergers, acquisitions and divestitures, specifically leveraged buyouts and leveraged recapitalizations.

“We are very pleased that Chris has joined Winston & Strawn. His extensive knowledge and reputation in the private equity industry will be a real asset to both our firm and clients and a terrific complement to the other private equity attorneys who've recently joined the firm,” said Jonathan Goldstein, head of the firm’s New York office, referring to a very prominent group of private equity laterals led by Steve Napolitano who joined Winston & Strawn less than a year ago.

Giordano also represents portfolio companies in day-to-day corporate matters and advises their boards of directors, and represents private equity funds in connection with various shareholder rights matters. Giordano’s work has involved transactions in various industries, including technology, financial services, aerospace, industrial and health care.

Giordano began his practice as a transactions partner at the private equity boutique of O'Sullivan Graev & Karabell, LLP, which merged into the New York office of O'Melveny & Myers LLP in 2002. Immediately prior to joining Winston & Strawn he was a partner with Wiggins and Dana. He also served as a law clerk to the Honorable Roger J. Miner, United States Court of Appeals for the Second Circuit.

Giordano has delivered numerous speeches on mergers and acquisitions, private equity and venture capital financings, transaction structuring and other related topics to various legal, business and academic groups. He earned a juris doctorate magna cum laude from New York Law School, where he was an editor for the New York Law School Law Review, and earned his bachelor's degree from Drew University.

06-14-2006

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Goodwin Procter, LLP

Goodwin Procter Named to BTI Consulting’s “2006 Power Elite
Goodwin Procter LLP, one of the nation’s leading law firms with offices in Boston, Los Angeles, New York, San Francisco and Washington, DC, today announced that it is ranked among the top 10 out of only 21 law firms nationwide named to BTI Consulting’s “2006 Power Elite,” based on excellence in client service and superior client satisfaction.

The BTI Consulting Group is a leading supplier of strategic information to the legal services industry. BTI Consulting’s “Survey of Client Relationship Scorecard for Law Firms” is based on interviews with approximately 400 large and Fortune 1000 companies, representing America’s most powerful buyers of legal services. The law firms selected for the “2006 Power Elite” ranking set themselves apart by successfully passing the following four levels of clients’ tests for picking a law firm: established, primary relationships with clients; clients’ vote of confidence as a go-to law firm; clients’ enthusiastic recommendations to peers; and superior levels of client satisfaction.

06-14-2006

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Ashurst LLP

Ashurst announces strong year end results
International law firm Ashurst today announces its results for the year ended 30 April 2006.

Financial highlights include:

Income up by 7 per cent to £214 million (£201 million in 2004-2005)

Average profit per partner up 23 per cent to £701,000 (£567,000 in 2004-2005)

Partner profit range between £350,000 - £875,000 (£287,000 to £718,000 in 2004-2005)
Simon Bromwich, Managing Partner of Ashurst, said:

"2005 was a year of continued progress for Ashurst. The results reflect the firm's strength across Western Europe and we have significantly driven up profitability.

"We have made a strong start to the new financial year and the outlook is very encouraging. We are confident that we will deliver profitable growth across the firm this year, with a significant rise in income."

Geoffrey Green, Senior Partner of Ashurst, comments:

"These results are a tribute to all who work at the firm and the performance reflects the firm's delivery of excellent client service.

"We have also been fortunate to be able to promote some outstanding candidates to partnership and to attract some high quality lateral hires."

Business highlights include advising:

Barclays Capital on the €1.85 billion recapitalisation of the AA.
Charterhouse in relation to a €1.8 billion bid for the French catering company Elior.
Citigroup, Credit Suisse, Merrill Lynch and Morgan Stanley in relation to Debenhams' £1.7 billion IPO in London, the largest European IPO in 2006.

Citigroup and Goldman Sachs on Telefónica's £17.7 billion takeover of O2.
Gala on its £2.18 billion acquisition of bookmaking chain Coral Eurobet.
Hikma Pharmaceuticals in relation to its £150 million IPO in London and secondary listing on the new Dubai International Financial Exchange.

Mediobanca in relation to the financing of part of the €7.3 billion acquisition of Edison, the Italian energy company.

Mitsubishi Heavy Industries in connection with the $3.4 billion Dubai Metro project.
National Express on its £500 million merger with Alsa, the leading private operator of coach services in Spain.

NTL and Goldman Sachs on the £960 million offer for Virgin Mobile by NTL.

RBS in respect of its appeal to the Competition Appeal Tribunal against the OFT's Mastercard decision.

06-14-2006

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Dykema Gossett PLLC

Siddiqi Joins Dykema
The law firm of Dykema announces that Humma S. Siddiqi has joined the firm’s Litigation Department as an associate in its Bloomfield Hills office. Ms. Siddiqi’s practice focuses on general litigation matters. She oversees the management of asbestos litigation nationally for a major automotive manufacturer. Ms. Siddiqi has also represented clients in numerous industries, including automotive, pharmaceutical, legal, medical, construction, insurance, environmental, and retail.

Her experience includes product liability litigation, including automotive, pharmaceutical, and other product manufacturers; legal malpractice, and complex medical malpractice litigation; commercial and business tort litigation; and general negligence litigation. While in law school, she served an internship with the Macomb County Prosecutor’s Office.

A resident of Rochester, Michigan, Ms. Siddiqi is a member of the State Bar of Michigan and was a member of the Young Lawyers Committee, Oakland County Bar Association, from 1997 to 1999. Ms. Siddiqi received her B.A. from James Madison College at Michigan State University and her J.D. from Wayne State University.

06-14-2006

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Hancock, Rothert & Bunshoft, L.L.P.

Duane Morris San Francisco Welcomes Bankruptcy Partner Ron Oliner
Duane Morris LLP is pleased to announce that Ron Oliner has joined the firm as a partner in its San Francisco office. Formerly chair of the Insolvency Group at the San Francisco office of Buchalter Nemer, he joins the firm's Business Reorganization and Financial Restructuring Practice Group.

Ron focuses his practice in the areas of bankruptcy, workouts, creditors' rights, and trustee and receivership representation. He represents a wide array of clients, including secured and unsecured lenders in chapter 11 bankruptcies, bankruptcy trustees, financial institutions, creditors' committees, and equity and rent receivers. Ron was the 2005 chair of the San Francisco Bar Association's Commercial Law and Bankruptcy section. He is also a past president of the Bay Area chapter of the California Receivers Forum, is the Bay Area editor for the Receivership News, and is an officer and board member of the statewide chapter of the California Receivers Forum. In addition, he serves as a chapter 11 trustee in the Northern District of California's Bankruptcy Court, San Francisco division. He has also served as an appointed examiner and mediator, and is a qualified expert witness on substantive bankruptcy law. He lectures frequently on these and other bankruptcy-related issues.

About Duane Morris
Duane Morris LLP, among the 100 largest law firms in the United States, is a full-service firm of more than 600 lawyers. In addition to legal services, Duane Morris has independent affiliates employing approximately 100 professionals engaged in other disciplines. With offices in major markets, and as part of an international network of independent law firms, Duane Morris represents clients across the nation and around the world.

06-14-2006

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Smith Anderson Blount Dorsett Mitchell & Jernigan LLP

Jason Martinez Elected to the Hoyas Unlimited Board of Directors
Smith Anderson partner Jason Martinez has been elected to serve a three-year term on the board of directors of Hoyas Unlimited.
Established in 1970, Hoyas Unlimited is an umbrella organization of distinct volunteer clubs which support one or more of Georgetown University's 27 intercollegiate athletic programs, intramural programs and Yates Field House. The board advises and assists the Georgetown University Department of Athletics on issues relating to the advancement and development of the Athletics programs through Hoyas Unlimited and its affiliated clubs.

Mr. Martinez received his B.S. (Finance) from Georgetown University in 1991.

A partner in Smith Anderson's Securities and Growth Companies group, Mr. Martinez has broad experience representing public and private companies in general corporate and securities compliance matters. He also has experience in corporate finance (including public offerings and private placements of securities) and regularly represents clients in mergers and acquisitions and commercial contracts. Mr. Martinez also advises companies and their directors and officers on corporate governance matters and other general corporate and business matters.

About Smith Anderson
Since its inception in 1912, Smith Anderson has grown to become the largest Triangle-based law firm and one of the largest in North Carolina. Representing diverse organizations with local, state, national and international interests, our lawyers focus on building and strengthening relationships by understanding our clients' businesses and customizing our legal solutions accordingly. Our commitment to our clients also extends to our community and profession.

06-14-2006

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Benesch Attorneys Law

David Paragas Active in Columbus Bar Association\'s Efforts to Recruit, Retain Minority Attorneys
Reporting twice as many minority attorneys in Columbus law firms since 2000, the Columbus Bar Association today announced a new five year commitment – and a host of new strategies – for area law firms, law schools and the CBA to continue their historic public pledge to build a more diverse legal community in central Ohio. David Paragas, Managing Partner of Benesch’s Columbus office, is a member of the CBA’s Managing Partners Diversity Initiative Advisory Board.

“For five years the Columbus legal community has powered a comprehensive effort to recruit, retain and promote talented minority attorneys, an effort reflected in firms of every size from twice the number of minority partners to twice the minority summer clerks,” said Sally Bloomfield, president of the Columbus Bar. “This is the signal year we get to leverage the passion of the original Managing Partner’s Diversity Initiative with superior knowledge about how to improve in the next five years, specifically, retainment efforts and continued changes in firm culture.”

The CBA’s effort is seen as a model program for bar associations across the country, and has been recognized locally, statewide and nationally, including the 2003 “Diversity Champion” award from United Way, the 2005 “Achievement Award” from the Ohio Society of Association Executives, and the 2003 “Partnership Award” from the American Bar Association.

Annual survey results from the 24 participating law firms show significant increases in attorneys of color at every level compared to 2000, the first year statistics were collected. From 2000 to 2006:

• Minority partners increased 100%, from 14 to 28;
• Minority associates increased 119% from 31 to 68;
• Minority summer associates increased 100% from 19 to 38;
• Minority attorneys overall increased 117% from 47 to 102;
• Small firms increased minority attorney representation from 1.3% to 7 % (3 to 27);
• Medium-sized firms from 5.8% to 7.12% (16 to 22);
• Large law firms from 3.8% to 6.8% (27 to 53).
• Of the 229 attorneys hired in Columbus since 2000, 24% were lawyers of color.

“Minority representation in our firms is clearly much better in 2006 than 2000, but the reality is we’ve also seen some excellent minority attorneys choose to leave this year. Recruitment is a vital step – and we’ve gotten good at it – but long-term diversity also requires building an environment for success and satisfaction that keeps minority attorneys wanting to stay,” said George Hairston, managing partner of Baker & Hostetler and chairman of the Diversity Initiative Advisory Board.

“The new initiative continues our areas of success, but directs us to new strategies for making law firms happier and healthier for all attorneys,” Hairston said.

Today’s recommitment includes: twenty three law firms, the John Mercer Langston Bar Association (comprised primarily of African American attorneys), the Ohio State University Moritz College of Law, Capital University Law School, the Columbus City Attorney Office and the Columbus Bar Association.

The 2006-2010 action plan signed today restates the commitment to recruit, hire, train, retain and invite to partnership attorneys who are African-American/Black, Asian-Pacific American, Native American Indian, and Hispanic. It sets forth a menu of best practices that emphasize four areas: retention, recruitment, law firm culture, and infrastructure for inclusion. Each participating organization agrees to write a diversity plan with measurable results based on the best practices that meets its specific needs. Those plans will be reported to and supported by the Columbus Bar. The participants also agree to create and promote an image of Columbus as a “diverse community of lawyers.” Examples of best practices include:

• Conduct “regretted loss” study (voluntary departures of associates the firm would have liked to retain) and implement actions to reduce regretted loss;
• Create focused development plans for high-performing attorneys of color on partnership track;
• Measure and analyze the utilization of attorneys of color by designated clients;
• Link effective mentor participation to performance and incentive compensation;
• Recruit attorneys of color to present at CLEs (continuing legal education);
• Establish a winter clerkship position for law students of color;
• Develop marketing tools that highlight Columbus’s “diverse community of lawyers” as tools that law schools and law firms can use in recruitment efforts;
• Reward participation in leadership roles in the firm’s ongoing diversity initiative with billable hour credit as appropriate.

“We’ve made a great start at institutionalizing diversity and inclusion in the Columbus legal community, but it is just that - a promising start - in a continuing challenge we are deeply committed to,” Hairston said.

06-14-2006

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