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Movers & Shakers
Atlanta-based Kilpatrick Stockton LLP and San Francisco-based Townsend and Townsend and Crew LLP will be merging effective January 2011, with the combined 640-lawyer firm to be known as Kilpatrick Townsend & Stockton. It will have offices in 14 U.S. cities, as well as in Stockholm, Dubai and Tokyo. “This is very exciting. It's a great opportunity that broadens the platform for both firms,” said Rupert Barkoff, head of the franchise practice at Kilpatrick Stockton and a member of this newsletter's Board of Editors. Townsend has a very strong reputation for its work in intellectual property, trademarks, and patents, and Barkoff observed that “a trademark license is usually no more than one step from being a franchise.” Geographic reach is a motivation for the merger, as Townsend is focused on major U.S. cities in the West and Tokyo, whereas Kilpatrick Stockton is strong in the U.S. East Coast. The full-service practice depth of Kilpatrick Stockton will enable Townsend to retain franchise work that had previously been farmed out to other firms, Barkoff added. The combined firm will rank among the 70 largest law firms in the United States.
Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
Risks of “Baseball Arbitration” in Resolving Real Estate Disputes
“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.
Disconnect Between In-House and Outside Counsel
'Disconnect Between In-House and Outside Counsel is a continuation of the discussion of client expectations and the disconnect that often occurs. And although the outside attorneys should be pursuing how inside-counsel actually think, inside counsel should make an effort to impart this information without waiting to be asked.