A new report released by Corporate Executive Board and TyMetrix found that hourly rates charged by major law firms rose nearly 50 percent over the past decade. On average, in New York, partners charge nearly $500 more per hour than in Riverside, Calif., the cheapest law market.
Proskauer hired labor attorney Ken Sulzer, formerly of Seyfarth Shaw
DLA Piper hired Robert Caldwell as a partner in its Hong Kong and Greater China Finance and Projects practice and corporate attorney Masood Sohaili to work in its Los Angeles office. The firm also shook up its executive board.
McCarter & English hired intellectual property lawyer Harry Ahn to work in its New York City office.
Covington & Burling promoted Wendy Feng to of counsel and promoted five lawyers to special counsel. The firm also advised Tom Benson, owner of the New Orleans Saints, on his purchase of the New Orleans Hornets.
Jones Day hired Dominic O'Brien to work in its London banking and finance practice.
Sidley Austin hired tax lawyers Gary Kaplan and William Needle to work in San Francisco.
Nelson Mullins Riley & Scarborough announced it has opened a new office in Nashville, which will start with five attorneys.
Thompson Hine hired Karen Kozlowski to work in its New York City real estate practice.