May 19, 2006 |
Daniel M. Petrocelli and his Century City law firm probably won't be fully compensated for their work defending Jeffrey K. Skilling, as the former Enron Corp. chief executive appears to have exhausted his defense fund. But the payoff down the road could be well worth it, even if Skilling is convicted. The decision to defend Skilling is seen as a business move by Petrocelli and his firm, O'Melveny & Myers, to burnish their reputation and expertise in white-collar criminal defense.
September 15, 2005 |
Venerable Los Angeles law firm O'Melveny & Myers has sold its Bunker Hill headquarters building to a New York real estate company, the parties announced Wednesday. Tishman Speyer paid about $250 million for the 26-story tower at 400 S. Hope St. that is known as Mellon Bank Center. O'Melveny & Myers, founded in 1885, was an original partner in the development of the property, built in 1982.
July 3, 2002 |
Los Angeles-based law firm O'Melveny & Myers on Tuesday joined the merger trend sweeping the legal profession, announcing its intention to combine its practice with that of New York-based O'Sullivan, a boutique firm specializing in private equity work. If approved by partners at both firms, the new practice would have more than 800 lawyers, bolstering its position as one of the largest in the country. O'Melveny saw profit rise 34% last year on 17% growth in revenue.
CALIFORNIA | LOCAL
January 25, 2002 |
The Los Angeles Unified School District lost its malpractice suit Thursday against the prestigious law firm that advised the district on construction of the Belmont Learning Complex, the $200-million high school still unfinished because of environmental worries. A Superior Court judge said that some of the district's allegations of legal malpractice were unfounded and others could not be proven one way or another.
March 24, 2000 |
Law firm O'Melveny & Myers, positioning itself to take advantage of the high-tech boom, is setting up shop amid one of the largest concentrations of technology businesses in Southern California--the Irvine Spectrum. The new Spectrum office, with about 2,500 high-tech neighbors, is scheduled to open early in April. It initially will be staffed by 10 attorneys but is expected to grow to 30 attorneys within the next two years, said O'Melveny partner Brett Williamson.
December 15, 1999 |
Recognizing that the Internet spells new and needed opportunity for big law firms, O'Melveny & Myers is building a high-technology practice--often taking stock in lieu of legal fees. The move by O'Melveny, a major Los Angeles firm, confirms Southern California's growing status as a center for venture capital and technology companies.