Portfolio magazine to close

Bad news for the globally-minded business news readers, Conde Nast has confirmed it will be closing its Portfolio magazine. Editor in Chief, Joanne Lipman, broke the news to staff overnight, saying the decision had been made “because of financial reason at Advance”, Conde Nast’s parent company. Catch a glimpse of the magazine, while you can, here.

Maher hints at exit from Mayer Brown

Just days ago we reported that Mayer Brown has overhauled its partnership structure, leaving co-vice chairman Paul Maher short of the top job and with no management responsibilities. Now, London-based Maher has confirmed to partners he is likely leaving the firm. The apparently graceful Maher noted in a memo to partners that he is a strong advocate for governance change and that he fully endorses the new structure. He is now considering several “interesting opportunities”. 

Mexico law firms ponder swine flu precautions

Attorneys and support staff at law firms Gardere, Arena y Associados sported a new look in their Mexico City office this week: surgical masks. The firm has enforced the precautions for its 30 workers since Mexican government officials announced a deadly strain of swine flu had hit the country. More than 149 people in Mexico have died and more than 1,600 reported sickened by the virus.