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Hence, he is able to quickly grasp the . Back in March, after completing an incredibly successful financial year against all odds in the face of a pandemic, DLA Piper decided it was high time to increase associates salaries outside of its major market offices. The market has become hyper competitive for top talent and this decision is based on understanding current trends and taking a long-term view. Taft has added attorneys in Chicago since it acquired a predecessor firm. Yanky Perelmuter. Represents debtors, lenders, committees, suppliers, real estate owners and developers, equipment lessors, receivers, trustees, buyers and sellers, and other parties in connection with a wide assortment of transactions and litigation. Our affiliated businesses include: Through these businesses, clients can access business consulting across a variety of disciplines, from general planning and forecasting to government relations and public policy. Knitting, perhaps? This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas. The firm came to local prominence and national stature. One Taft We work tirelessly to deliver results for our clients, communities, and each other. Laurie Carr Mims is San Francisco-based Keker's third managing partner and first female managing partner. Select firms that interest you and see a side-by-side comparison. The partners are betting that one plus one will equal 2.5. Well, partner draws were cut by 25 percent, and the firm had to make layoffs of both attorneys and staff and theyve left the door open for additional austerity measures, should they be necessary: Under Tafts COVID-19 Financial Plan, all partner draws were reduced by 25% and minimal reductions spread across all of its seven primary offices were made in attorney headcount (1.4% firm wide) and staff headcount (3.5% firm wide). Offers comprehensive legal services to a wide range of clients involved in all aspects of the gaming industry throughout North America and worldwide. It is scheduled to take effect Jan. 1, 2020. From Taft Laws statement (available in full on the next page) on the cost-cutting: Taft substantially out-performed its budgets in 2018 and 2019 and is performing ahead of budget through March 31, 2020. January 2020:Taft combined with Minneapolis-based firm Briggs and Morgan, a firm of approximately 140 attorneys with experience in energy, finance, telecommunications, and transportation. Taft, which was founded in Cincinnati and has an office downtown at . Represents private equity funds and other sponsors in connection with fund formation and capital raising and negotiating and completing portfolio company exits. Stuck Drafting A Tough Brief? Taft Managing Partner . At Taft, we look forward to delivering results for our clients, communities and each other. Shed love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. 59 Taft attorneys and 25 practice areas are listed in Chambers USA: Americas Leading Lawyers for Business. The firm's managing partner, Patrick Quinn, oversees approximately 400 attorneys as of 2022. Law.com Compass includes access to our exclusive industry reports, combining the unmatched expertise of our analyst team with ALMs deep bench of proprietary information to provide insights that cant be found anywhere else. At Least Your Colleague Spat Wasnt This Bad: Some things we just dont share with the class. Julie Drewes is our lead and is terrific. Represents clients in all phases of litigation in federal and state courts, before regulatory agencies and arbitration panels, and in alternative dispute resolution in a full range of matters, including antitrust, appellate, bankruptcy, construction, ERISA, education, estates, trusts and fiduciary, FCPA and international anti-corruption, First Amendment and media law, government contracts, insurance, patent, pharmaceutical and life sciences, product liability and personal injury, securities, sports, and corporate compliance and white collar defense. Privacy Center | Taft Stettinius & Hollister's real estate practice is effective and market-leading. They have helped us resolve thorny issues time and again in a cost-effective manner. Shearman and Hogan Lovells Call Off Merger Talks, Early Reports: 2023 Am Law 200 Financials, Beyond Excess Capacity, Pooled Services and Automation Expedite Staff Layoffs, Dozens of Law Firms Grew Their Equity Partner Tier, Even as Profits and Demand Plummeted. He will also keep a birds eye view at no cost on all matters as they progress to ensure client satisfaction, and the firm in general makes you feel regardless of the size or complexity of any matter, that you are a valued and appreciated client. The firm has offices in eight primary Midwest markets, plus the District of Columbia: In addition, the firm has an established Japanese practice based in the United States. We have extensive experience in the automotive, steel, telecommunications, basic manufacturing, retail and wholesale goods, and distressed-debt trading industries. We also represent clients on personal planning, taking into account estate and income tax issues, closely-held businesses, second marriages, and planning for special needs of children and other heirs. [8] Taft Stettinius is an outstanding firm. She said the merger should make the consolidated firm stronger in its pursuit of the upper middle market of public companies and larger private companies and their executives that have complex legal needs.. Bankruptcy and Restructuring: We represent debtors, lenders, committees, suppliers, real estate owners and developers, equipment lessors, receivers, trustees, buyers and sellers, and other parties in connection with a wide assortment of transactions and litigation. John L. Stettinius and John B. Hollister joined the firm after its founding, at which point the firm became known as Worthington, Strong, Stettinius & Hollister. Honoring outstanding legal achievements focused at the national level, largely around Big Law and in-house departments. The merger became effective January 1, 2020. Remember January? Taft's Chairman and Managing Partner Robert J. Hicks had this to say about the firm's COVID-19 plan: "We are very thankful for our size, scale and financial strength, together with the. Briggs and Morgan partners approved the merger Thursday. Over the years as questions arise or disputes come up and I need to refer back to the original documents, I am amazed by his thorough attention to detail. Which firm will be the next to share the wealth with associates? Fuller to realign business units to respond to customers more quickly, Minneapolis mansion with mural by highly sought-after 1920s portrait artist lists for $1.295 million, Timberwolves hang on to beat Lakers 110-102, In Chicago, adapting electric buses to winter's challenges, Ukraine ally Kallas fights for reelection in Estonia vote, Pot vote has Oklahoma hungry to rake in green from Texas, Your message will get lost if writing is not clear, Minnesota's western flank loses voice on key ag panel as farm bill heats up, Camping World's Active Sports to close Little Canada facilities, affecting 90 workers. For example, the firm's labor department, led by J. Mack Swigert, was instrumental in helping Senator Taft draft and pass the groundbreaking Taft-Hartley Act in 1947. About Cadwalader. See our privacy policy. The combination will create a firm with 600 attorneys and 12 offices. Also consider other hobbies. Our primary counsel was Dominic DiPuccio at Taft Stettinius & Hollister. The general counsel's comprehensive guide | Ohio, The general counsel's comprehensive guide | Minnesota, 111 East Wacker Drive July 2017: Taft opened an office in Delaware, Ohio, due to the growth rate in Delaware County and clients' interest in doing business in Delaware County, among other factors. Their level of professionalism, knowledge, responsiveness and customer service is beyond first class. The U.S. News - Best Lawyers "Best Law Firms" rankings are based on a rigorous evaluation process. As an essential part of our culture, Taft celebrates and provides time and dollars to Taft professionals who support charities, give back to their communities, or do pro bono work. Awarded to a Taft attorney regardless of gender who advances inclusiveness, actively works to break down barriers, and elevates the respect, involvement, and leadership of women attorneys in the firm.2020 Recipient: Bob Hicks2018 Recipient: Kathryn Kovitz Arnold2017 Recipients: Margaret Lawson and Susan Wheatley, Awarded to a Taft partner who epitomizes the true ideals of what it means to be a Taft partner through her or his dedicated efforts, service, and leadership.2020 Recipient: Gary Pittenger2018 Recipient: Barbara Duncombe2017 Recipient: Stuart Dornette, Awarded to a Taft employee who has made a significant and lasting contribution to the firm which will result in an overall positive impact on the legacy of Taft.2020 Recipient: Rob Bilott2018 Recipients: Tracy Betz and Sonya Jindal2017 Recipient: Adrian Thompson. Sincerely, Robert J. Hicks Taft Chairman and Managing Partner. The referrals are a nice bonus too, Get to figuring your way around AI sooner rather than later, Enjoy. The team is experienced, talented, and extremely responsive to their clients' needs. As Merger Talks End, Shearman's Munich Team Quits for Morgan Lewis, Law.com Editors and Analysts Offer Top Trends to Watch for 2023. LexisNexis Brief Analysis produces powerful, near-instant legal argumentation insights using the power of AI. Guides clients on the tax, securities, antitrust, employment, labor, environmental, intellectual property, and other aspects of negotiated acquisitions. UC Health. [12] On August 29, 2019, partners at Briggs & Morgan of Minneapolis voted to merge with Taft. Firm profiles allow you to feature all of the most important and impactful information that existing and potential clients want to know about your firm. Ann Rainhart, 48, chief operating officer at Briggs, will serve as chief strategy officer for the consolidated firm. Law.com Compass delivers you the full scope of information, from the rankings of the Am Law 200 and NLJ 500 to intricate details and comparisons of firms financials, staffing, clients, news and events. With over 800 attorneys, Taft is more vibrant and engagedin a wider range of work than ever before with clients, both individual and corporate, whose needs for legal services range from local to international in scope. : Enjoy. Estonia, which is providing Ukraine with more weapons than any other country relative to its economic might, is preparing to hold a general election Sunday that will determine whether it can sustain that high level of support. I can't share enough kudos about their expertise! Thank you to all the deserving people at Taft attorneys and staff who dedicate themselves every day to our clients, the firm, and each other. One of Cincinnati's largest law firms has named three new partners for 2023, as well as an expansion to a new Kentucky market. The combined firm will take the Taft name and include 600 lawyers. Represents a number of U.S. companies with operations and activities abroad and foreign enterprises that do business in the U.S. Represents borrowers, as well as non-traditional lenders, on needs, including both senior and mezzanine acquisition finance, asset-based lending, working capital and equipment finance, real estate finance, and public finance. While many of the firm's members enjoy individual . The referrals are a nice bonus too, Get to figuring your way around AI sooner rather than later, Enjoy. Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? Our attorneys understand that innovative, value-creating solutions help our clients reach their goals. September 2008: Tafts commitment to the Cleveland region was enhanced with the merger of Kahn Kleinman, a highly respected commercial real estate, corporate, and tax firm. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Each year, Taft gives internal awards to deserving recipients. A significant portion of his practice is devoted to representing clients in the automotive industry in high-stakes consumer fraud class actions Tom has been with the firm since 1973 and has concentrated on commercial litigation and environmental matters for the past 40years. Murder charges: 'Who else want it?' Subscribe and get breaking news, commentary, and opinions on law firms, lawyers, law schools, lawsuits, judges, and more. The merger extended Tafts footprint to the financial hub of the Midwestern region and enhanced Tafts offerings to clients in other markets. Steve Ryan, Dennis Knoer, Chuck Johnson, and Brian Wenger have provided invaluable guidance and expertise over a decades long relationship. So what is the firm doing to cut costs? Anyway, the world is a very different place now. Provides full-service representation to a broad range of energy providers, public utilities, transmission-only utilities, independent power producers, developers, regional entities, and other energy-sector participants. With flexibility in both contingency fee (no charge to you unless we win . ; Detroit and Southfield, Mich.; Minneapolis, Minn.; Covington, Ky.; and Washington, DC. : Reach out just to catch up. Long based in St. Paul, Briggs and Morgan gradually drifted west after opening its Minneapolis office in the IDS in 1979. Taft is ranked among the U.S. News Media Group "Best Law Firms." But the combination helped the firm gross $549 million, a 32% revenue boost and a 5.6% rise in revenue per lawyer. This is not financial engineering. Neal St. Anthony has been a Star Tribune business columnist/reporter since 1984. Weve taken a purposeful approach that has been years in the making, Ryan said. Tom Sizemore, 'Saving Private Ryan' actor, dies at 61, Deadline dash: Wild add Klingberg and Sundqvist, send Greenway to Sabres, Emerson Electric locating $650M new business in Twin Cities, Abbott Labs trims guidance after earnings miss, stock falls, Total Expert raises $52 million in venture capital, tops so far this year, Sale of Cub stores expected early next year, new owner says, Eden Prairie's C.H. Strategic Growth Through a series of successful mergers and the establishment of new offices, Taft has become a premier regional law firm. They are extremely knowledgeable, responsive and I have recommended them on numerous occasions. See our privacy policy. Represents Fortune 100, entrepreneurial, privately-held, non-profit, and governmental clients in all aspects of the procurement process, including contract formation, performance and administration, payment, and dispute resolution. Hicks succeeds Thomas Terp, who was chairman and managing partner for 10 years. . Expanding Tafts presence to the Twin Cities, a top market in the Midwest and flourishing business community, provides a larger platform to address the evolving needs of clients. Is Your Firm Keeping Pace With The Advancements In eDiscovery? All Rights Reserved. The lawyers do an excellent job of finding advantages to help their clients get a leg up on the competition. Followingis a sampling of why Taft is among the most respected law firms in America. Print. Women, Influence & Power in Law UK Awards honors women lawyers who have made a remarkable difference in the legal profession. The bet is that mid-country firms, which may charge hundreds of dollars less per hour than the $1,200-or-more charged by coastal firms, can provide the depth and expertise sophisticated clients want at less expense. George Molinsky has created LLC operating agreements on behalf of my company, and he truly anticipates everything that can possibly go wrong. You can follow her on Twitter or connect with her on LinkedIn. He served on the Board of Editors of Environmental Hazards (Prentice-Hall) and the Environmental Law Journal of Ohio (Banks-Baldwin).