Law Firm News

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Law Firm News

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Adams & Reese LLP

Adams and Reese Named to AMLAW 200 List by American Lawyer Magazine for the Fourth Consecutive Year
Adams and Reese has once again been named to the distinguished AMLAW 200 List of the nation’s top 200 law firms by American Lawyer magazine. It is the fourth consecutive year that the law firm has been recognized, and it elevates to #186 in 2007, from #194 in 2006. The multi-disciplinary firm of nearly 300 lawyers has offices in Baton Rouge, LA; Birmingham, AL; Houston, TX; Jackson, MS; Memphis, TN; Mobile, AL; Nashville, TN; New Orleans, LA and Washington, D.C.

In April 2007, American Lawyer magazine also recognized Adams and Reese as a “Go-To Firm” for Financial Services Companies. The firm has also been listed on the National Law Journal’s “NLJ 250” list of the nation’s largest law firms.

06-05-2007

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Pillsbury Winthrop Shaw Pittman LLP

Pillsbury Helps Resolution Plc Architect Strategic Sourcing Partnership
Pillsbury Winthrop Shaw Pittman today announced that its global sourcing practice advised Resolution Plc, the United Kingdom’s (UK) largest specialist manager of in-force life insurance funds, on the negotiation and closing of a major technology and business process outsourcing contract with the pension and insurance division of Capita Group Plc, a leading UK business process outsourcing firm. Under the terms of the contract, Capita Life and Pensions will provide customer service, IT support, claims management and new business processing services to several Resolution subsidiaries including Phoenix Life Assurance (formerly Abbey National Life), Scottish Mutual, Scottish Provident and Phoenix Life (comprising various Britannic funds).

Resolution’s 12-year sourcing contract with Capita is worth approximately £580 million pounds (or approximately $US 1 billion) and involves both closed and open book policies. Through this agreement, Resolution will invest £140 million over 4 years in a consolidation of separate customer services processes and information technology. Resolution expects to realize a 13 percent internal rate of return on this investment, which enables continuous rollout of customer service enhancements, significant ‘de-risking’ of the in-force cost base through fixed per policy costs and establishes a scaleable model with further reductions in policy unit costs from future acquisitions.

"Working closely with our client's legal, procurement and executive leadership, Pillsbury helped architect a strategic sourcing partnership benefiting Resolution," commented Tim Wright, a global sourcing partner and managing partner of Pillsbury's London office.

“Pillsbury’s global sourcing team provided instrumental counsel and insight as we established the goals and scope of our partnership with Capita,” added Randal Barker, Group Legal Director and Group Company Secretary of Resolution Plc. “In collaborating with our management and in-house legal teams, Pillsbury helped us align sourcing strategies benefiting our entire operations and objectives.”

Agreement recognizes industry evolution, unique requirements

Complementing recognised advantages financial institutions achieve globally in claim processing, high availability and “on demand” procurement of IT support and services through contract partners, Resolution’s contract adds specific measures assuring customer satisfaction and trust as the firm grows its global operations. While back office work is transitioned to Capita’s offshore operations centres, sensitive personal data and customer support operations, including telephone support staffing, will remain in the UK.

“A common challenge at the start of any global sourcing program is asking strategic questions and forming a customised plan to enhance operations, versus simply emulating the sourcing moves common in a given industry,” explains Wright. “Incorporating advances in technology and strategy at an industry level in your plans, together with the unique needs of your enterprise, lets you pursue competitiveness without overlooking key intangibles cultivated by a regional presence, brand strength, regulatory environment and customer perceptions.”

New sourcing options place a premium on planning, implementation and management

Wright adds that the pace of new technologies, combined with the rapid maturation of professional services and outsourcing firms, affords enterprises with tremendous opportunities, but sophisticated sourcing options today put an equally complex mandate on clients.

“Clients must not only select the right partners, but also study providers’ performance and plan their next move, whether it’s re-bidding on a contract, pursuing another sourcing model altogether or avoiding risks and liabilities inherent to these relationships. Experience with these issues in the context of diverse industries is in great demand at the boardroom level, on par with the skills required to negotiate favourable contracts,” said Wright.

Pillsbury’s Global Sourcing Leadership

Pillsbury’s Global Sourcing practice helps clients worldwide plan, execute, and manage complex sourcing arrangements. Integrated teams of lawyers and consultants combine expertise on the business, technical, financial and legal sourcing activities with in-depth experience in outsourcing, systems integration, software licensing, technology transfers and distribution, joint ventures and strategic alliances. The practice serves a diverse range of clients in sectors including financial services, health care, manufacturing, telecommunications, retail and life sciences

06-05-2007

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Pepper Hamilton, L.L.P.

Gregory J. Nowak Speaks at 8th Annual Investment Adviser Compliance Forum
Gregory J. Nowak, a partner at Pepper Hamilton LLP, recently spoke at the 8th Annual Investment Adviser Compliance Forum. The forum, which was sponsored by Financial Research Associates, LLC, was held in New York on May 30-31, 2007.

Mr. Nowak presented “Exotic Fixed Income & Derivative Instruments: Valuation & Best Execution.” The discussion focused on pricing for exotic instruments such as total return swaps and credit default swaps, including matrix pricing strategies. Mr. Nowak was joined by Mark Perlow, a partner at K&L Gates, who focused on the meaning of best execution. Additional topics included testing compliance policies and procedures, elements of a successful compliance program, and examination and enforcement actions.

Mr. Nowak concentrates his practice in securities law, particularly in representing investment management companies, structured finance and derivative vehicles and transactions, broker dealers and other clients on matters arising under the Investment Company Act of 1940 and the related Investment Advisers Act of 1940, other federal and state securities laws and self regulatory organization rules. Mr. Nowak also handles mergers and acquisitions, corporate and regulated investment company tax work, and other corporate matters affecting the financial services industry.

06-05-2007

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Nelson Mullins Riley & Scarborough LLP

S.C. Commission on Women Honors Nelson Mullins' Corky Harper
The S.C. Commission on Women has recognized Nelson Mullins Riley & Scarborough Partner Sue Erwin "Corky" Harper with a 2007 S.C. Women of Achievement Award for Promoting Economic Autonomy for Women.

The award, presented during A Seat at the Table luncheon co-sponsored by the Alliance for Women at Columbia College, is an "opportunity to identify and acknowledge women who exemplify excellence in service, leadership, community visibility and professionalism and whose efforts have helped build a hopeful future for all South Carolinians."

The commission recognized Ms. Harper, a certified Labor and Employment Law specialist, as an attorney on the forefront of mentoring and supporting women in the profession. In the early 1990s, she and others gathered to talk about the need for a Women Lawyers Association. She became a founding member of the S.C. Women Lawyers Association and was its first president. The association's purpose is to enhance the status, influence and effectiveness of women lawyers in South Carolina by taking positive steps to ensure that women lawyers achieve their fair share of opportunities and benefits available to those in the legal profession through advocacy, action and association.

She also was cited for her tireless fundraising efforts in establishing a center for professionalism at the University of South Carolina School of Law, now named the Nelson Mullins Riley & Scarborough Center for Professionalism. The center was established to better ensure training for new lawyers in the first five years of their career, but has focused in the past year on improving the professionalism training of new lawyers immediately after graduation. She remains actively involved in and raises funds for the center.

She also has been recognized by the S.C. Women Lawyers Association, the USC School of Law Alumni Association, and has received a Tribute to Women in Industry Award from the YWCA of the Midlands

06-05-2007

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Nelson Mullins Riley & Scarborough LLP

Zeb Thomas Joins Nelson Mullins in Myrtle Beach
An experienced real estate investment and development attorney has joined Nelson Mullins Riley & Scarborough LLP in Myrtle Beach, bringing his extensive experience in commercial real estate, corporate, and tax law to the coastal office.

Zeb M. Thomas III joins the Firm as a partner. Having worked directly with developers in development planning and project management, he is also well versed in the business and construction side of real estate investment and development.

Mr. Thomas is involved in the acquisition, sale, and development of resorts, condominium conversions, condotels, hotels, motels, office buildings, and shopping centers. He represents developers in land sales, the preparation of development documents, and in matters of zoning and local governmental affairs.

Mr. Thomas focuses his practice on commercial leasing, representing both landlords and tenants in the negotiation and drafting of ground leases, office leases, and retail leases including shopping centers and out parcels.

In the area of real estate financing, Mr. Thomas represents lending institutions and commercial borrowers in acquisition and development loans including those with HUD endorsements. He also assists clients in various mergers and acquisitions and corporate reorganizations.

A licensed South Carolina title insurance agent, Mr. Thomas is a member of the South Carolina Bar and the Horry County Bar Association.

Mr. Thomas earned a Master of Laws in Taxation from the University of Florida Levin College of Law in 2001 and a Juris Doctor from the University of South Carolina School of Law in 1999. As a law student, Mr. Thomas received CALI Awards for Contracts II and Political Crime. He earned a Master of Business Administration from the School of Business Administration at the University of South Carolina in 1999 and a Bachelor of Arts in History, cum laude, from Wake Forest University in 1994.

06-05-2007

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Milbank, Tweed, Hadley & McCloy LLP

Stacey J. Rappaport Elected to Second Term on the Board of Directors of the New York County Lawyers' Association
The New York County Lawyers’ Association (“NYCLA”) has elected attorney Stacey J. Rappaport to its Board of Directors to a second term, the international law firm Milbank, Tweed, Hadley & McCloy LLP announced today. Ms. Rappaport is one of thirty attorneys elected to the prestigious bar association board. The three-year term runs until May 24, 2010. Ms. Rappaport recently completed a one-year term on the Board. In addition to the Board of Directors, Ms. Rappaport is a member of NYCLA’s Task Force on Professionalism.

A partner in Milbank’s Litigation Department, Ms. Rappaport represents corporations, individuals and securities exchanges in federal and state court litigation involving complex commercial disputes, breach of contract claims, regulatory matters, securities law issues and class action defense.

From 1999 to 2000, Ms. Rappaport was a clerk to the Honorable Loretta A. Preska of the United States District Court for the Southern District of New York. In 2000, she was an adjunct associate professor of law at Fordham University where she taught client interviewing, counseling and negotiation skills to second- and third-year law students. Ms. Rappaport received her B.S. from Cornell University in 1992 and her law degree, cum laude, from Fordham University in 1996, where she served as an editor of the Fordham International Law Journal and was inducted to Order of the Coif.

Marking its 100th anniversary, the New York County Lawyers’ Association was founded in 1907 as the first “great democratic bar association of the City of New York” where admission was based on meeting professional qualifications, irrespective of ethnicity, religion, gender and race. With approximately 8,500 members, the NYCLA is one of the largest and most influential bar associations in the country. The Association’s goals are to further the effectiveness of jurisprudence through the promotion of reforms in law, facilitating the administration of justice, and elevating the standards of integrity, honor and courtesy in the legal profession. Throughout its history, the NYCLA has been at the forefront of many of the nation’s most important legal debates and is dedicated to the highest standards for the legal profession. The NYCLA is governed by a four member Executive Board and thirty member Board of Directors. In the election held on May 24, 2007, ten members were elected to the Class of 2008, ten to the Class of 2009 and ten to the Class of 2010.

06-05-2007

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Mayer Brown LLP

Mayer, Brown, Rowe & Maw advises The Capital Pub Company PLC on its admission to trading on AIM
Mayer, Brown, Rowe & Maw LLP's London corporate group is advising The Capital Pub Company PLC (the "Company") in connection with the admission of its entire issued ordinary share capital to trading on AIM.

The Company's entire issued ordinary share capital was admitted to trading on AIM via an introduction effective on 4 June 2007. Through its admission to AIM the Company intends to raise its public profile, facilitate access to development capital should the need arise in the future and provide a market for its shareholders. It is anticipated that following admission the Company will have a market capitalisation of approximately £32.3 million.

The Company owns and operates an estate of predominantly freehold, free-of-tie, managed pubs in Greater London and its current portfolio comprises 23 unbranded free houses.

The Mayer, Brown, Rowe & Maw team was led by corporate partner Kate Ball-Dodd assisted by Michelle Wyatt, Elaine Thornton and Amandeep Kharaud. Partner Andrew Stanger advised on the employee share incentives aspects with partner Christopher Fisher, assisted by Joseph Lampo, advising on employment matters

06-05-2007

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