An article from Legal Times on lawjobs.com titled Associate Pay Unlikely to Rise describes how the Virginia-based US law firm McGuireWoods is gearing towards a system of paying market rate for the first two years and then setting on a performance-based pay.

An article from The Am Law Daily titled Who Loses Out in Wachovia Sale to Citi lists a number of the leading law firms that have handled deals and litigation for the bank and its subsidiaries since 2003; one of them is the United States law firm, McGuireWoods, which handled more than 20 matters. Wachovia Coporation, a financial services holding company, and its subsidiaries, has been involved in over 50,000 separate matters. l

A news release from the McGuireWoods website titled “158 McGuireWoods Partners Recognized in Best Lawyers in America” announces that 158 lawyers from the law firm were recognized by Best Lawyers in America, a referral guide to the legal profession in the United States. The number of recognized lawyers increased by 20 since last year’s survey.

A press release from the McGuireWoods website titled “National Regulatory Leader Joins McGuireWoods” announces the joining of James Yancey Kerr II, presently a member of the North Carolina Utilities Commission and the immediate Past President of the National Association of Regulatory Commissioners (NARUC), as partner in the Raleigh and Washington, D.C. offices of the US law firm McGuireWoods. Kerr will also lead the law firm’s new national energy policy practice in providing a broad range of solutions to clients’ legal needs in the energy sector.

Bloomberg.com’s article titled a href=”http://www.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=1148L:US&sid=akgakaPh.JZc”>”Three New Private Equity Partners Join McGuireWoods’ Chicago Office” announces the expansion of McGuireWoods LLP’s Private Equity Practice with the addition of three new partners for its Chicago office. Geoffrey C. Cockrell, Mark A. Kromkowski and Michael P. Lusk all previously worked for another Chicago-based firm, Wildman Harrold.

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