The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Legendary US corporate giant Martin Lipton has been replaced as the chairman of the New York Stock Exchange (NYSE) legal advisory committee by Wilson Sonsini Goodrich & Rosati chair Larry Sonsini.
According to the Delaware Law Weekly, Sonsini, who is also chairman of the exchange’s regulatory enforcement and listing standards committee, was appointed to Lipton’s former role in June.
Lipton had served as the exchange’s chief outside corporate counsel as well as chair of the legal advisory committee.
However according to reports, neither Lipton or his firm Wachtell Lipton Rosen & Katz, will not continue to receive new instructions from the exchange.
Wall Street crusader Eliot Spitzer, New York State attorney general had criticised Lipton in a suit brought against the NYSE and its former chairman and chief executive Richard Grasso, earlier this year.
While Lipton and Wachtell Lipton Rosen & Katz were not named as defendants in the suit, Spitzer faulted the lawyer in relation to Grasso’s controversial $200m pay package.