Skadden, Arps Tops AmLaw 100

LAW
• Skadden Arps tops the AmLaw list with $1.85 billion in revenue last year. [The American Lawyer via Law Blog/WSJ]
• The AmLaw 100 reveals that the majority of top-performing firms have profits per equity partner of $1 million or more. [The American Lawyer]
• Martin Armstrong, the Ponzi scheme investor who was jailed for contempt for over seven years, was released after a psychiatrist testified in his favor. Armstrong now begins his original five-year sentence, with no credit for time served. [New York Law Journal]

MEDIA
• News organizations bid for keywords relating to significant news events to increase Web traffic. [WJS]
• The New York Times building sold to an Israeli holding company for about $525 million, triple what Tishman Speyer paid for it in 2004. [WSJ]
• Daily newspaper circulation is down 2.1 percent and Sunday circulation dropped 3.1 percent nationwide, but the Wall Street Journal, the Post, and the News all reported increases. [E&P]

FASHION
• Kate Middleton is coming Stateside to work for sultan of sex Tom Ford. [Daily Mail via Fashionista]
• Mary-Kate and Ashley Olsen's line, the Row, debuts, with legging-style pants selling for $360. [Fashionologie]
• Kate Moss's Topshop after-party will be held at the Gramercy. [NYP]

FINANCE
• One of the women in the $46 million Morgan Stanley sex-discrimination suit plans to write a fictionalized account of her time at the firm. [DealBreaker]
• A power shift in Congress means that corporate donors are writing checks to Democrats, not Republicans. [WSJ]
• A World Bank panel created to determine Paul Wolfowitz's fate will hear individual presentations by him and his girlfriend. [Reuters via CNNMoney]