Law firms Orrick, Akin Gump consider union
Law Firm News
Law firm Orrick Herrington & Sutcliffe LLP is in merger talks with Akin Gump Strauss Hauer & Feld LLP.
Representatives from both firms characterized the talks as “preliminary.”
A deal would result in a unified law firm with about 1,740 attorneys around the world.
San Francisco-based Orrick had revenue of $847.5 million last year compared to Akin’s $719 million.
Large scale mergers between law firms have become the norm as they seek the most profitable work generated by multinational companies that are investing, selling, acquiring and suing. Some notable big deals include Hogan & Hartson uniting with Lovells and Sonnenschein Nath & Rosenthal’s combination with Denton Wilde Sapte.
http://www.bizjournals.com/sanfrancisco/stories/2010/09/27/daily32.html
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Grounds for Divorce in Ohio - Sylkatis Law, LLC
A divorce in Ohio is filed when there is typically “fault” by one of the parties and party not at “fault” seeks to end the marriage. A court in Ohio may grant a divorce for the following reasons:
• Willful absence of the adverse party for one year
• Adultery
• Extreme cruelty
• Fraudulent contract
• Any gross neglect of duty
• Habitual drunkenness
• Imprisonment in a correctional institution at the time of filing the complaint
• Procurement of a divorce outside this state by the other party
Additionally, there are two “no-fault” basis for which a court may grant a divorce:
• When the parties have, without interruption for one year, lived separate and apart without cohabitation
• Incompatibility, unless denied by either party
However, whether or not the the court grants the divorce for “fault” or not, in Ohio the party not at “fault” will not get a bigger slice of the marital property.