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Wake Up Call: Baker McKenzie Stays Atop Global Brand Index

Jan. 26, 2022, 1:58 PM

In today’s column, DLA Piper matched the Milbank salary scale for associates while Big Law veterans called the latest round of raises harmful; 45% of chief legal officers responding to a recent survey said they’re planning to boost hiring of in-house lawyers; Reed Smith said it named an outside panel of top executives to advise its leader on global strategy.

  • Leading off, Baker McKenzie had the world’s top law firm brand for the 12th-consecutive year, according to Thomson Reuters’ new Global Elite Law Firm Brand Index 2022. The index, previously known as Acritas, is based on interviews of around 1,700 general counsel and other senior legal buyers from multinationals. (Thomson Reuters)
  • DLA Piper is the biggest firm so far to match the Milbank pay hike scale, which starts at $215,000 for first years and runs up to $385,000 for associates who started in 2014 or earlier. (Above the Law) On social media sites Big Law veterans, recruiters, and consultants are criticizing the latest round of raises, but associates are cheering them. (American Lawyer)
  • As Big Law firms fight to keep their young talent, Goodwin Procter said it will pay for its lawyers to take vacations in 2022. (Reuters) Meanwhile, London-headquartered Freshfields Bruckhaus Deringer said it’s teaming up with Carrot Fertility to offer family-forming benefits for employees in the U.S., U.K., Middle East and North Africa. (Freshfields.com)

Lawyers, Law Firms

  • About 45% of chief legal officers expect to hire more in-house lawyers in 2022, up from 32% last year, according to a new survey of 861 CLOs across 20 industries and 38 countries. The report is by the Association of Corporate Counsel and e-discovery company Exterro. (Exterro.com)
  • Reed Smith said it has appointed an external panel of three top business executives to advise global managing partner Sandy Thomas on its global growth strategy. (ReedSmith.com)
  • The Illinois Supreme Court suspended a former Vedder Price shareholder for three years for double billing and making false expense claims. (ABA Journal)

Laterals, Moves, In-house

  • Former head of the U.S. Marshals Service, Donald Washington, returned to his old law firm, Jones Walker, as a litigation partner based in Lafayette, Louisiana; Norton Rose Fulbright appointed New York litigation partners Celia Cohen and Steve Dollar as its U.S. co-heads of financial institutions; Brown Rudnick recruited veteran Norton Rose compliance and investigations partner Jeffrey Cottle as a partner in its white collar defense, investigations & compliance practice. He’ll work out of the firm’s London and Washington offices; Blank Rome picked up corporate and health-care litigator Barak Bassman as a partner in Philadelphia from Troutman Pepper; DLA Piper poached a three-partner patent prosecution team from Troutman Pepper in Pittsburgh. DLA doesn’t have an office in the city so the three, Raymond Miller, Nicole Endejann, and Joseph Helmsen, are attached to the firm’s Philadelphia office and will work remotely, a report says. (Pittsburgh Business Times)
  • Big U.K. firm Mishcon de Reya grabbed patent litigator Campbell Forsyth, former global co-head of intellectual property & technology at Dentons, as a partner in London; Winston & Strawn hired Locke Lorde energy partner Maxwell Stubbs as a partner in its corporate and finance department in Houston; Barnes & Thornburg added Holland & Knight product liability litigator and trial attorney Tim Hudson as a partner in Dallas. He earlier spent 17 years at Thompson & Knight, which merged with Holland & Knight last year; Quarles & Brady added former UnitedHealth Group in-house leader Stephen Tight as a business law partner in Minneapolis, He was recently at Dykema. (Quarles.com)
  • Greenspoon Marder added two technology and innovation senior counsels: Andrew Marcus in Los Angeles and Gai Sher in Los Angeles and Miami; Los Angeles-based consumer data research platform DISQO hired former Red Bull intellectual property counsel David Squellati as general counsel. A former Fenwick & West attorney, he was recently top lawyer at BlueJeans Network; clean energy company Intersect Power hired its outside counsel, longtime Orrick partner John Cook, as chief legal officer based in San Francisco. (PR Newswire)

To contact the correspondent on this story: Rick Mitchell in Paris at rMitchell@correspondent.bloomberglaw.com

To contact the editors responsible for this story: Chris Opfer in New York at copfer@bloomberglaw.com; Darren Bowman at dbowman@bloomberglaw.com