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ALM's technology awards announced

ALM's Law Technology News has announced the awardees of its fourth annual Law Technology News Awards program for the best technology use by law firms and in-house legal departments. The winners in the five law firm categories are Oz Benamram, Jo Haraf, and James McKenna from Morrison & Foerster; Judith Flournoy from Loeb & Loeb; John J. Kruse from Cadwalader, Wickersham & Taft; Pen Volkmann from Holland & Hart; and Chip Goodman, Cheryl Garrett from Winston & Strawn along with the firm's IT Department. The in-house winners are John Theriault and Mary Ann Sarao from Pfizer Inc. The program announced other awards, including the year's Most Innovative Use of Technology by a Law Firm, Most Innovative Use of Technology During a Trial, and Champion of Technology.

Law Technology News provides information on the latest technological advances made for the legal marketplace. Monica Bay, editor in chief of the magazine while commenting on the awardees, opined that the present law firms and legal departments face tremendous pressures for speedy delivery, cost effectiveness, and the best of services. Hence, these firms and technology users display creativity, determination, and spirit in achieving these goals. For the first time, a pro bono award was presented, acknowledging the benefits of using technology to serve the under-privileged sections of the community.

01-30-2007

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Flanigan joins Polsinelli on the firm's masthead

Daniel J. Flanigan replaced name partner David Welte in the Kansas City-based law firm Polsinelli Shalton Welte Suelthaus. The firm will now be known as Polsinelli Shalton Flanigan Suelthaus. Flanigan will lead the financial services and real estate practice groups. With more than three decades of experience in the practice of law, he is one of the firm's biggest revenue generators. One of the nation's fastest-growing law firms, Polsinelli has nearly 300 attorneys spread across eight offices throughout the country.

Polsinelli's chairman and chief executive, W. Russell Welsh said Flanigan's key role in structuring and implementing strategic alliances in areas including commercial mortgage-backed securities, managed health care, real estate, and telecommunications has earned him an unparalleled recognition among his peers and society. His team at the firm has closed more than 1,500 commercial and multifamily real estate loans worth more than $11 billion.

01-29-2007

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Top law firms opt for Riverbed Technology's Steelhead appliances

Law firms Pepper Hamilton, LLP, and Loeb & Loeb have recently installed the Steelhead wide-area data services (WDS) appliances developed by Riverbed Technology, Inc. The solution optimizes wide area network (WAN) performance and allows law firms to better manage their bandwidth. It also increases reporting speed between firm offices and provides for centralized email and document management. Deploying this technology solution has helped the law firms to improve network performance, provided them with greater security, and enabled them to respond more quickly to problems. A leading wide-area data services (WDS) solutions provider, Riverbed Technology focuses on facilitating efficient application performance over wide area networks.

01-29-2007

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First-year Associates at Simpson Thacher will make $160,000

Simpson Thacher & Bartlett has raised the salaries of its first-year associates by $15,000 which now adds up to an astounding $160,000. This is Simpson's third increase since 2000 - the firm offered $125,000 for five years and increased its salary less than a year ago to $145,000, which was the set trend then.

Second-year associates will now make $170,000, while third-, fourth-, fifth-, sixth-, seventh-, and eighth-years' will make $185,000, $210,000, $230,000, $250,000, $265,000, and $280,000, respectively. Ninth-year associates will receive $290,000 and those with more than nine years of experience will be assessed on an individual level. Bonuses are likely to range from $30,000 to $65,000 depending on the class of associates.

2006 saw a trend of increases in associate salaries at the top U.S. firms. Sullivan & Cromwell started the first round of salary hikes in February last year and other firms joined the bandwagon. New York-based Simpson Thacher has again started the ball rolling. Industry experts expect top-tier firms like O'Melveny and Myers, Gibson Dunn, and Latham & Watkins to follow suit. Paul Weiss Rifkind Wharton & Garrison, on the other hand, has already matched Simpson Thatcher's increase to $160,000, reports law.com.

This hike by Simpson is likely to create controversies with the judicial salaries. The firm has matched salaries with those of federal judges which start at $162,500 without any bonuses, while the New York's Supreme Court justices' salaries start at $136,700.

01-26-2007

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Paul Hastings' Asia offices garner strength

Prominent international law firm Paul, Hastings, Janofsky & Walker (Paul Hastings), further expanded its corporate, real estate, and employment law practices in Asia with the addition of Jacqueline Lim, partner in the Hong Kong office, and Adam Kearney, of counsel in the Beijing office. Lim who joins the firm as a corporate partner practices in corporate finance, including mergers & acquisitions and equity capital markets. Kearney specializes in China-related M&A and private equity transactions.

Paul Hastings has more than 170 legal professionals across its offices Asia offices offering their services to a diverse clientele including many of the leading global financial institutions and Fortune 500 companies.

Apart from the two, three more partners of the firm, David Blumenfeld, David Wang, and Of Counsel K. Lesli Ligorner relocated to the Shanghai office. The trio will serve the firm's clients' in the real estate, corporate, and employment law practice areas.

Blumenfeld who earlier served the firm's Los Angeles office will partner and chair of the Shanghai Real Estate practice. He practices in real estate matters, particularly on the acquisition, disposition, financing, development, and construction of significant office, hospitality and other commercial projects for international institutional and major corporate clients. Wang will be a corporate partner in the Shanghai office and practice in all aspects of corporate and U.S. securities law, particularly in M&A, private equity and venture capital investments, as well as capital markets transactions. Ligorner will be Of Counsel in the Shanghai office and Chair of the Employment Law practice in China. She has expertise in strategic employment counseling and litigation for multinational companies.

01-26-2007

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Fulbright bags exemplary award, adds 13 new partners

Houston Bar Foundation's Longevity of Exemplary Service Award was given to prominent full-service international law firm, Fulbright & Jaworski. The award, which is generally given to individuals every year, was awarded to the law firm for its abiding commitment to the Houston Volunteer Lawyers Program. This program is a pro bono initiative through which the law firm's attorneys reach out to help the community, particularly those people with low incomes who may not qualify for other legal aid or assistance.

Commenting on the firm's credible performance, Tracie Renfroe, chair of the Houston Bar Foundation, stated that for six consecutive years Fulbright could be given an award from the Houston Bar Foundation for its voluntary and pro bono commitments to the society. Since its inception, the firm was determined to back to the community where it practices law. The firm's attorneys spent almost 60 remarkable hours of pro bono work in 2005 and 2006, said Fulbright's Executive Committee chairman, Steven B. Pfeiffer.

In another move to consolidate the firm's strengths in litigation and international disputes, intellectual property, corporate, public finance and tax, Fulbright added 13 new partners who were all earlier serving the firm's various offices as senior associates. They are Graig Alvarez, Darryl Anderson, Michael Barrett, Mark Garrett, Eric Hall, Linda Merritt, Shawn O'Brien, Michael O'Donnell, Yvan-Claude Pierre, Mark Platt, Kristen Ieyoub Savant, Jonathan Sutcliffe, and Seth Wexler.

01-25-2007

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Foley's ongoing scholarship program takes a step ahead in diversity

Corporate legal counsel experts Foley & Lardner's Minority Scholarship Program totaled at $45,000 this year for nine awards at $5,000 scholarship each. As a part of its continuing attempt to create a more diverse legal community, the firm since the past eight years has been fostering its commitment through its annual awards program. The program has since given away more than $400,000 in scholarships to first-year minority law students.

The firm always upheld its ideals of creating a diverse legal community and nurtured a strong and effective diversity program for the advancement of minority law students. Maureen A. McGinnity, Chief Diversity Partner at Foley said that each scholarship recipient is selected by the Program Committee which looks into the individual's involvement in community activities, minority student organizations; outstanding work or personal achievements; and academic achievement. The firm also recruits a diverse pool of law students for its summer associate program and also as new associates.

This year, the law schools that participated in the program include Duke University, the University of Florida, Georgetown University, the University of Michigan, Northwestern University, the University of Wisconsin, UCLA and the University of California, Berkeley.

01-25-2007

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