North America/US - Page 8
US credit union First Tech hires Federal Reserve Bank of Boston GC as first CLO
Former Holland & Knight partner Steven Wright will lead First Tech’s legal, government affairs and compliance teams
King & Wood launches two offices in North America ahead of Mallesons split
Chinese firm announces new offices in Vancouver and Los Angeles targeting cross-border investment and trade work just before separation from Australia’s Mallesons at start of next month
Paul Weiss, Jones Day, Wachtell, Macfarlanes advise on Sysco’s $29bn purchase of Restaurant Depot
Deal expands US food distributor’s footprint into restaurant cash and carry business
Court reporting and litigation services firm Steno raises $49m in funding round
Series C round is backed by investors including Savano Capital Partners, First Round Capital and The Legal Tech Fund
Time-recording start-up PointOne secures $16m in funding round
Series A round led by 8VC brings the firm’s overall investment to $20m
Cultural mismatch drives more than one-in-three GC departures in 2025 – study
Russell Reynolds Associates’ analysis shows 35% of externally hired Fortune 500 GCs left role within three years due to cultural misalignment
US civil rights group the NAACP hires former DOJ lawyer as legal head
Kristen Clarke replaces Janette McCarthy Wallace, who becomes a special counsel
Simpson Thacher raids Kirkland again to build out capital structure solutions practice
Brian Schartz and John Luze take the number of partners joining the practice from Kirkland to five
Skadden and Paul Weiss advise on $22bn US insurance deal
Skadden acts for Corebridge as Paul Weiss counsels Equitable in all-stock deal to create company with $1.5trn in AUM
Corporate AI adoption is moving faster than compliance can keep up – study
Nearly seven in 10 organisations’ governance controls are failing to keep pace with AI adoption, according to Thoropass survey
Harvey secures bumper $200m funding round to hit $11bn valuation
Legal AI platform attracts fresh backing from investors including Sequoia, GIC and Andreessen Horowitz
Medtech business QuidelOrtho hires STAAR Surgical legal head as CLO
Nathaniel Sisitsky replaces Michelle Hodges, who is retiring from the company
Reed Smith turnover approaches $1.6bn as PEP tops $2m
Solid performance across private equity, finance and litigation help drive record results for Pittsburgh-based firm
AI-powered legal support start-up Soxton acquires AI security firm Cipher
Deal marks Soxton’s first acquisition since it was founded a year ago
Ashurst hires US finance partner quartet from Bracewell in New York
Four-strong debt finance and restructuring team bolster ranks ahead of proposed merger with Perkins Coie
HSF Kramer adds Paul Hastings M&A partner trio in New York
Robert Leung joins as Americas head of energy, mining and infrastructure alongside Mike Huang and Daniel Grossman
Legal data intelligence firm Relativity confidentially files for US IPO
Proposed Relativity share sale would be first legaltech IPO since 2021
Harvey enlists Gibson Dunn AI practice group co-head for senior strategy role
Former Google lawyer Keith Enright will join legal AI platform as chief strategy officer
Life sciences partner hiring accelerates in key markets
Kirkland & Ellis, Morgan Lewis, Sidley Austin and Polsinelli among firms targeting senior expertise, reports Ben Rigby
Morgan Lewis names employment chief McManus as next chair
David McManus to succeed veteran leader Jami McKeon in October