Seattle-founded law firm Perkins Coie is reportedly contemplating the establishment of an office in London, marking its first venture into Europe. Such a move is reflective of the growing attention that London has received from US law firms over recent years. Notable examples include Wilson Sonsini, which launched in London in 2018, Alston & Bird, which followed suit in 2019, as well as firms such as Paul Hastings and Paul, Weiss that have expanded their existing presence. Read the full story on Financial News.
On another note, former Linklaters partner Ronald Gibbs is facing a £31 million ($41.3 million) lawsuit from a Saudi Princess. The protracted case concerns Gibbs’ management of a $25 million investment fund for Princess Deema Bint Sultan Bin Abdulaziz Al Saud. The repercussions of the litigation have reportedly left him to work as a boat captain paid in cash. More details are available on Mirror.
Elsewhere, Eckert Seamans, an AmLaw 200 firm, has appointed Eddie Raychaudhuri as its chief operations officer after a decade without one. Raychaudhuri previously held the position of practice group director at DLA Piper and has functioned as a pricing manager with several other Big Law firms. Above The Law has this report.
Other notable legal industry movements have also been reported. One such example includes Jennifer Polovetsky joining Duane Morris as a partner in its real estate practice group, leaving her position as the chair of the eminent domain practice at Herrick Feinstein. Ira Kustin, previously of Paul Weiss Rifkind Wharton & Garrison, has reportedly rejoined Akin as a partner in its investment management practice. For more details on these moves and others, visit the original Bloomberg Law article.