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Wake Up Call: New Arent Fox Chair Is ‘Father of Fashion Law’

Jan. 27, 2021, 2:03 PM

In today’s column, Baker McKenzie is again the No. 1 firm on Acritas’ global law firm brand ranking; Akin Gump tops a new 2020 ranking by revenue of Washington lobby firms; AI-powered e-discovery firms Reveal and Brainstorm said they’re combining and got $200 million in private equity funding; after an anxious 2020 of job and pay cuts, associates at many firms find themselves in a much better position.

  • Leading off, Washington-based Arent Fox announced it has a new firmwide chair: fashion, entertainment and technology partner Tony Lupo, who among other things has called himself the “father of fashion law,” advising several major brands in the industry. Lupo, who co-chairs the firm’s intellectual property practice, and chairs the fashion, luxury goods & retail group, is the fourth chair in the firm’s 79-year history. He takes over from Mark Katz, who’s going back to his real estate and finance practice full-time as part of a planned transition. Cristina A. Carvalho is Arent Fox’s firmwide managing partner. (ArentFox.com)
  • Lupo told the National Law Journal that the firm had surprisingly good 2020 results, with revenue up about 2.5% and profits per equity partner up by about 7% from 2019. (National Law Journal) He is scheduled to host a virtual talk today with author Malcolm Gladwell about life after Covid-19. (ArentFox.com)
  • Baker McKenzie is No.1 for the 11th straight year on Acritas’ latest ranking of the world’s top law firm brands, followed by DLA Piper, and Dentons, which jumped into the top three from No. 8. Linklaters stayed at No. 4. Hogan Lovells stayed at No. 5, tied with Clifford Chance, which dropped from No. 2. (Legal.ThomsonReuters.com)
  • Akin Gump Strauss Hauer & Feld, with $49.6 million, is No. 1 on new 2020 revenue rankings for Washington lobbying firms, in a year of gains fueled by the Covid-19 pandemic. Brownstein Hyatt Farber Schreck, with $49.3 million, is second on the list, based on Lobbying Disclosure Act data, this report says.(Politico)
  • After a chaotic 2020 full of uncertainty, associates at many firms now find themselves in a strong position because their firms have plenty of work. (American Lawyer)
  • Latham & Watkins’ year-end bonuses for associates, including a 1,900 hour billable hour requirement, match the market rate but the firm’s median bonuses beat the market for every class year. (Above the Law)
  • After the pandemic forced them into remote working, legal tech companies are considering hiring professionals that don’t live near their central offices. That could bode for more competition both for both job seekers and companies. (Legaltech News)
  • The presiding judge for Los Angeles County Superior Court, where three employees have died from Covid-19, urged regional health officials to prioritize vaccinations for a group of 7,500 judges, court workers and lawyers. (The Recorder)

Election Litigation, Fallout From Capitol Riots

  • Former President Donald Trump’s lawyer in the Senate impeachment trial, Karl S. “Butch” Bowers Jr., told the Washington Post in an interview that he did not hesitate to defend Trump. (WaPo)
  • In 2016, Trump lawyer L. Lin Wood donated $1 million to his alma mater Mercer University Walter F. George School of Law. Now, some students at the school are pushing to cut ties with Wood, because of his involvement in lawsuits challenging the elections results. (Daily Report)

Lawyers, Law Firms

  • Big Law firms’ pro bono work aims to help close the justice gap in the U.S. and U.K. (Financial Times)
  • Jones Day, the law firm that put the most lawyers in Trump’s cabinet, said it won’t be naming a successor to managing partner Stephen Brogan this year. (BLAW)
  • A new survey by the Association of Corporate Counsel finds that more general counsel plan to increase hiring of in-house lawyers this year and more also plan to send more work to outside firms, compared with last year’s survey before the pandemic began. (BLAW)

Diversity

  • The procurement process can be a powerful tool for law firms to help Black-owned businesses succeed, says Greenberg Traurig Orlando co-managing shareholder, Jéan Wilson, who’s also a public finance and infrastructure development lawyer. (Orlando Business Journal)
  • Century-old New Jersey firm Wilentz, Goldman & Spitzer P.A. named its first female leader. (ROI.NJ.com) (Wilentz.com)

Laterals, Moves

  • Cooley poached Morrison & Foerster’s fintech leaders as it looks to build its East Coast footprint. (BLAW)
  • Former Associate Deputy Attorney General Patrick Hovakimian has taken a job at Pillsbury Winthrop Shaw Pittman as a partner. (BLAW)
  • Veteran litigator Anthony A. Bongiorno joined Quinn Emanuel Urquhart & Sullivan after about three decades at McDermott Will & Emery, including five years as partner-in-charge of its Boston office. (BLAW)
  • King & Spalding hired New York-based Proskauer dealmaker Richard Zall to serve as chair of its health care transactions and regulatory practice. Zall led Proskauer’s health-care practice. (BLAW)
  • DLA Piper hired veteran management-side worklaw attorney Richard Rahm as a partner in San Francisco. According to his LinkedIn profile, Rahm arrives from Littler where he was a shareholder and co-chair of the appellate and transportation industry practice groups. (DLAPiper.com)
  • Cozen O’Connor got former Ballard Spahr corporate governance and securities of counsel Mehrnaz Jalali in New York as a member. (Cozen.com)
  • Stoel Rives got corporate lawyer Brent Jones as a partner in Seattle. He arrives from Foster Garvey. (StoelRives.com)
  • Loeb & Loeb added worklaw veteran Ian Carleton Schaefer as a partner and to lead its New York City employment law practice. He arrives from Epstein Becker & Green where he was a partner and was previously head of employment law at BT Americas Inc. (Loeb.com)
  • Tarter Krinsky & Drogin added corporate and employment lawyer Anna Taruschio as counsel in its international group. (TarterKrinsky.com)
  • Saul Ewing Arnstein & Lehr hired capital markets attorney Marc Adesso in Chicago as a partner. (Saul.com)

In-House

  • Realty Income Corp., a shop center-focused real estate investment trust, hired the former top lawyer at Caesars Entertainment Inc. Michelle Bushore as chief legal officer, general counsel, and secretary. (BLAW)
  • Executive search boutique Barker Gilmore said veteran in-house leader Peter Ganz joined the company as a special adviser. Ganz recently retired from specialty chemical company Ashland Global Holdings, Inc., where he was chief legal and compliance officer and SVP, general counsel and secretary at Ashland. (BarkerGilmore.com)

Technology

  • Chicago-based, AI-powered eDiscovery company Reveal and Brainspace, a global provider of visual analytics for e-discovery and investigations, said they’re merging and got over $200 million in funds from private equity firm K1 Investment Management. (Businesswire.com)

Legal Education

  • A New York bar exam taker who was informed he had failed the online test but actually passed blames software for the mix-up. (ABA Journal)

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

To contact the editors responsible for this story: Rebekah Mintzer at rmintzer@bloomberglaw.com; Darren Bowman at dbowman@bloomberglaw.com

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