Awakening: Manhattan businesses plan to increase office work in January

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In today’s column, the former legal director of the late LeClairRyan law firm faces nearly four years in prison; Cleary said he is representing dealer managers in GE’s $ 23 billion bond buyback; a UK Member of Parliament is in hot water amid revelations he still makes a lot of money advising a large law firm.

  • Leading Manhattan law firm attendance averaged 27% on weekdays in October, but firms expect it to climb to 61% by the end of January 2022, new poll shows . The New York City Partnership said it surveyed 188 top employers from Oct. 19 to 29, including about 19 law firms. He found that 28% of Manhattan office workers are in the office on average on weekdays, but only 8% are five days a week. Almost half of the employers surveyed said the pandemic was the main reason for the slow return of workers to the office, while 33% said a preference for remote work was the main reason. (New York City Partnership)
  • Despite a recent rise in Covid-19 infections, most European employers are planning a return to power, according to a new Littler survey. (Small)
  • Big law firms are still looking to poach rainmakers with big, portable business books, but the pandemic has fueled a shift to them looking for service or support partners as well, according to a report. (American lawyer) Referral bonuses are the latest trend as companies compete in a fierce market for talent. (American lawyer) With the increased workload and the scarcity of lawyers, some law firms are planning steep rate hikes. But that doesn’t mean that corporate legal departments will be willing to pay more. (Corporate legal advisor)
  • Cross-border travel by law firms is likely to increase now that the United States has eased its pandemic travel restrictions, but it may not fully return to pre-Covid levels for some time. (Reuters)

Lawyers, Law Firms

  • Cleary Gottlieb said she represents dealer managers in General Electric Co.’s $ 23 billion dollar deal. bond buyback aimed at reducing GE’s debt. The takeover bid comes a day after GE announced its split into three separate companies, for which it obtains advice by Paul Weiss and Gibson Dunn. (ClearyGottlieb.com)
  • Prosecutors are seeking a 46-month sentence and a $ 250,000 fine against Bruce H. Matson, the 64-year-old former chief legal counsel at the late law firm LeClairRyan, according to a report. In July, Matson pleaded guilty for obstructing formal proceedings related to charges he embezzled approximately $ 4 million from the bankruptcy trust funds he supervised while working at the company. (Richmond Times-Dispatch)
  • Former UK Attorney General Sir Geoffrey Cox, now a Member of Parliament, sparked a government scandal following revelations he made hundreds of thousands of pounds from his side job at a law firm. ‘lawyers. Tourniquet Last year. (Financial Time) (Associated press) (Financial news)

Lateral, Removals, Internal

  • Fox Rothschild said it was opening a new office in Kansas City, Missouri, with seven of its current lawyers and employees focused on work, employment and intellectual property; Kobre & Kim said it has hired five lawyers for a new office in Dubai, expanding its Middle East / Africa hub; London-based firm CMS has recruited a team of 10 Greenberg Traurig real estate and construction lawyers, including three partners, to expand its office in Warsaw, Poland. (CMS)
  • Winston & Straw brought in a financial partner focused on oil and gas Ryan hunsaker in Houston. Hunsaker was previously counsel at Vinson & Elkins; Goodwin recruited its 10th private investment fund partner in 2021, with Greg Larkin join in Washington after 13 years at Debevoise & Plimpton, most recently as counsel; Moses & Singer Has Chosen Steptoe & Johnson Trusts & Estates Lawyer George mccormick as a partner in New York. McCormick is a former United States House Legislative Counsel and Senior Counsel with the Florida Department of Revenue. (MosesSinger.com)
  • Bryan Cave Leighton Paisner announcement its largest partnership class ever, with 25 lawyers, including 13 women, promoted to partners, in its offices and practice areas around the world; Perkins Coie promoted 28 lawyers and senior lawyers to the rank of partner; Lord Locke promoted 12 associate lawyers in eight offices; Stoel Rives has promoted nine lawyers (six women) in its partnership. (Stoel.com)

Technology

  • Business marketing and technology firm Scorpion has acquired digital marketing firm from law firm MediaSmack. (Press release)


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