Business Development articles

Daniel Gallagher, a securities lawyer and nominee for the U.S. Securities and Exchange Commission (SEC), speaks during a Senate Banking Committee nomination hearing in Washington, D.C., U.S., on Tuesday, June 14, 2011. Photographer: Andrew Harrer/Bloomberg

Mylan Hires ex-SEC Commissioner Gallagher as Chief Legal Officer

Mylan Hires ex-SEC Commissioner Gallagher as Chief Legal Officer

By Robert Schmidt, Bloomberg News Mylan NV, the drug company that has come under increasing scrutiny in Washington over the high prices it charges for the EpiPen allergy shot, has hired a former U.S. Securities and Exchange Commission member as its top lawyer. Daniel Gallagher, a Republican, will join the company on April 17, Mylan

An employee sprays anti-oxidant solution on a pile of copper plates at the Southern Copper Corp. refinery in Ilo, Peru, on Thursday, Jan. 26, 2017. Peru posted its biggest trade surplus in five years in December, as rising copper output and higher prices boosted exports. The South American country last year overtook China to became the world's biggest copper producer after Chile, allowing it to record its first annual trade surplus in three years. Photographer: Dado Galdieri/Bloomberg

DLA Piper Expands in Peru to Boost ‘Brand Equity’

How much does law firm branding matter these days? It means everything if you’re a giant global firm opening offices across the world, and operating in markets far from home, according to Roger Meltzer, DLA Piper’s global co-chairman. “Brand equity, in general, for a global firm, is its stock in trade,” said Meltzer, in an

Wall Street Bull

SEC Nominee’s Distorted Reality: Gadfly

By Lisa Abramowicz, Bloomberg Gadfly  The leading candidate to become Wall Street’s next top cop has a strange view of U.S. markets. Jay Clayton, a prominent banking lawyer, has been nominated by President Donald Trump to head the Securities and Exchange Commission. Apparently, he seems to think that the U.S. capital markets are a sad, shriveling

Photo by Tomi Setala/Bloomberg

Big Data Playing Bigger Role in Antitrust Review

Last December, Microsoft won early approval from the European Commission to purchase the professional networking site LinkedIn for $26.2 billion, despite lingering antitrust concerns. A key to its success? Microsoft “agreed to add Xing AG, Germany’s biggest professional-networking site, to its Windows software to eliminate opposition in the European Union antitrust review,” Bloomberg reported. By demonstrating that

The reflections of pedestrians are seen in a window of the International Business Machines Corp. (IBM) Watson headquarters in New York, U.S., on Tuesday, Oct. 7, 2014. To help commercialize the technology famous for beating humans on the "Jeopardy!" game show, new languages such as Portuguese and Japanese are being added to the Watson service this year, said Stephen Gold, vice president of the Watson Group business. Photographer: Michael Nagle/Bloomberg

Wake Up Call: IBM Expands eDiscovery Technology

• IBM said it is updating the discovery service of its artificial intelligence-powered platform Watson with an expansion of its eDiscovery and business research technology. (Legaltech News) • Big banks and technology companies are fighting over control of a very valuable commodity — users’ personal data. (New York Times DealBook) • Is Deutsche Bank’s refusal to pay junior lawyers

Photo: Michael Nagle/ Bloomberg

Trump Antitrust Pick Saw Few Hurdles for AT&T-Time Warner Nod

By David McLaughlin, Bloomberg News President Donald Trump said during his campaign that AT&T Inc.’s proposed takeover of Time Warner Inc. should be blocked. His pick to lead the Justice Department’s antitrust division doesn’t seem to agree. Makan Delrahim, a former Justice Department antitrust lawyer now working at the White House, told Canadian business news

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Notes on a Law Firm Pitch From an In-House Attorney (Perspective)

Editor’s Note: The author of this post leads the legal support function to Microsoft’s U.S. Central Region Enterprise & Partner Group and is based in Chicago.  By Dennis Garcia, Assistant General Counsel, Microsoft Corporation I recently attended a legal industry conference and had the privilege to serve as a judge alongside other in-house lawyers from various leading

Photographer: Olivier Douliery/Pool via Bloomberg

Donald Trump’s Favorite Law Firm

By Paul Barrett, Bloomberg Businessweek When prominent lawyers take top jobs at the White House or the U.S. Department of Justice, they often bring along several attorneys from their firms. With the Trump administration, one firm—Jones Day — is taking that to an extreme. “I don’t know of a precedent,” says Theodore Olson, a solicitor

Photo: AFP/Getty Images/ ISSOUF SANOGO

Ex-Big Law Partner Convicted of Insider-Trading by Brooklyn Jury

A federal jury in Brooklyn convicted a former Hunton & Williams partner on Wednesday of insider trading charges of tipping off his financial adviser to his client King Pharmaceuticals’ then-pending $3.6 billion acquisition by Pfizer Inc. Robert Schulman of McLean, Va., was convicted of securities fraud and conspiracy charges after a trial that began March 7. Schulman had represented King

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Prominent IP Lawyer on 100 Lawyers and Staff Leaving Ropes & Gray

One of the big stories last week was Ropes & Gray’s announcement that it would spin off its patent prosecution practice, resulting in 100 lawyers and staff departing the large Boston-based law firm to form a new entity. On Friday, Big Law Business caught up with Greg Sueoka, the former managing partner of Fenwick &