New York: Stillman & Friedman acquired by top firm
Stillman & Friedman is known for representing top Wall Street moneymen and government lawyers, reports the Chicago Tribune. It has represented former UBS global head of commodities Peter Ghavami and Clark Clifford, a former defence secretary later charged in the Bank of Credit and Commerce International scandal among others.
Financial gains
The firm’s founding partner Charles Stillman has confirmed that the entire firm – with nine partners, two counsel and three associates specialising in white collar criminal defence, commercial and civil litigation - will join Ballard Spahr today, retaining their titles and level of compensation.
The acquisition was approved in a vote by Ballard Spahr lawyers late last week, and shows the growing trend among large law firms looking to reap the financial gains of representing high-level corporate executives.
