Full Answer
Although law firms began growing in the late 1800s to meet the needs of expanding corporations and continued to recruit more and more attorneys in the 20th century, the legal profession remained for all practical purposes a secret society guided by its own rules of professional conduct.
In 1991 Brill started Court Television, a $40 million joint venture involving Time Warner, NBC, and Cablevision Systems Corporation. Later NBC bought out Cablevision ’ s share, and Liberty Media became a Court TV partner.
In early 1997 Steven Brill sold his share in the companies he founded, American Lawyer Media and its affiliate Courtroom Television Network Inc. to Time Warner, mainly because of Time Warner ’ s new vice-chairman, Ted Turner.
American Lawyer Media, Inc.; National Law Publishing Company, Inc.; Professional On Line, Inc.; The New York Law Publishing Company; NLP IP Company; PPC Publishing Corporation.
Transaction-management platform Legatics got a 3 million pound ($4.19 million) investment from private equity fund Moebus. Legatics, whose customers include several Big Law firms, said it plans to use the funds to double the size of its team and develop its technology, among other things. ( Moebus.co.uk)
Goodwin Procter said its technology group added 12 lawyers, including seven partners, from three rival firms, giving it close to 50 partners this year. From Orrick, the new arrivals include Jonathan Chou and Peter Fusco in New York, and Geoff Willard and William Wilson in Washington.
From Latham & Watkins, they include David Concannon who joined in New York. Goodwin recruited Jones Day partners Stuart Ogg and Michael Reagan who are in Silicon Valley; Venable hired privacy and cybersecurity specialist Hemanshu (Hemu) Nigam as a partner in in Los Angeles. ( Venable)
In today’s column, Baker McKenzie was the No. 1 U.S. law firm by headcount in 2020; the pandemic caused U.S. lawyer headcount to shrink for the first time since 2008; Goodwin’s tech practice has added close to 50 partners this year after getting seven new ones in New York, Washington, and California.
ALM (formerly American Lawyer Media) is a media company headquartered in the Socony–Mobil Building in New York City, and is a provider of specialized business news and information, focused primarily on the legal, insurance, and commercial real estate sectors. The company was started in 1979 by Steven Brill to publish The American Lawyer.