Law Firm Insider: 4/19/11

Get the latest news on what's happening in the Best Law Firms.

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The New York State Bar Association told firms they would need to restructure and cut costs if they want to be successful as the legal industry works to come out of the recession. It suggested firms charge according to services rendered rather than billable hours.

One of the people working to turn the nation's economy around will be Timothy Massad, a former partner at Cravath, Swaine & Moore. President Barack Obama tapped Massad to head the government's Troubled Asset Relief Program, a position he has held on an acting basis since September.

Creditors in the Northern District of California filed a Chapter 7 petition against what remains of Howrey to attempt to officially force the company into bankruptcy. If successful, the suit will require Howrey to liquidate.

Paul, Weiss, Rifkind, Wharton & Garrison is opening a Toronto office after hiring Christopher Cummings and Adam Givertz from Shearman & Sterling. Shearman & Sterling also lost Ward McKimm, one of its higher-grossing partners, to Kirkland & Ellis.

Proskauer Rose hired Russell Carmedy and Michael Nouril, both formerly of Jones Day, as partners in its London office.

Bracewell & Giuliani hired Curt Hineline, former co-chair of Dorsey & Whitney's securities litigation practice, to head its Seattle litigation group.

Perkins Coie hired David Herbert to work for its Dallas real estate practice.

Sidley Austin added to its Washington, D.C. intellectual property litigation practice by hiring Joseph Micallef.

Amanda Howe, business development manager for McGuireWoods, was named chief operating officer of the Democratic National Committee.

Goodwin Procter hired Jeffrey Legault to work in its business law department in New York. Legault worked with Cadwalader, Wickersham & Taft.

Dewey & LeBoeuf hired James Griffin to work in its mergers and acquisitions practice in Silicon Valley. He joins the firm from Fulbright & Jaworski's Dallas office.

DLA Piper promoted 53 lawyers in 18 countries in its annual round of promotions—17 U.S. associates were made partner, as were 12 in the United Kingdom.

Hinshaw & Culbertson hired eight lawyers from Yoss, which recently announced it was disbanding. The group includes Neil Rollnick, former head of Yoss' real estate practice, and Charles Tatelbaum, former head of the firm's bankruptcy and creditors' rights department.

Polsinelli Shughart hired a group of 11 health care attorneys from Faegre & Benson.

Simpson Thacher & Bartlett will open a Houston office after hiring Robert Rabalais from Vinson & Elkins.

Womble Carlyle Sandridge & Rice said it would merge with South Carolina firm Buist Moore Smythe McGee.

Does your firm have a recent notable achievement, new hires, or an upcoming special event? E-mail us at lawfirminsider@usnews.com.

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