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What a Difference a Year Makes for Law Firm Associates
The power dynamic inside law firms has shifted. Intense talent wars are gone, demand for legal services has dropped, COVID alerts have been canceled and partners once again can call the shots. Associates have lost their leverage — for now. But pendulums swing back and forth. How long can partners maintain the upper hand?
Associate Deferrals Reveal Concerns of a Sustained Downturn, Especially in Tech
Deferrals of incoming law firm associates have thus far been tethered to the hard-hit tech sector, yet legal consultants said they wouldn't be surprised to see more firms change course in the coming months.
Fenwick Defers Incoming Class as Tech Sector Headwinds Drag On
Fenwick & West is the third tech-focused law firm to defer its incoming class.
Defense Attorneys Question Value of Voluntary Self-Disclosure With SEC, DOJ
Jessica Chan, senior director of government investigations and special matters and litigation at Uber Technologies Inc., said based on her review of the SEC's 2022 year-end report, that "even if a company does everything it can, it may still have a shot at no penalties but will still be charged."
Here's Who's Advising on That $5.9BN Japan-US Pharma Takeover
The takeover marks the second-largest overseas acquisition by a Japanese pharmaceutical company in the past five years.
More Companies Opt for Fractional GCs Over Full-Time Legal Chiefs
"Law firms really want the big stuff—the deals and litigation. What a lot of corporations struggle with is not those things," said Noel Elfant, founder of General Counsel Practice.
Sanctions Compliance Tripping Up Tech Firms
Investigators are getting more aggressive, and the geopolitical landscape is growing more complex.
California's Am Law 100 Firms Saw Head Count Soar in 2022, Despite Varied Financial Results
The majority of California's 15 Am Law 100 firms posted smaller revenue gains and diminished profits last year.
Power Ranking the Am Law 100: Who Won Out Through the Pandemic?
A retrospective on law firm pandemic performance sheds light on the future, and hints at a new model of success.Trending Stories
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- 5Dallas Firm That Won $45M Talc Verdict Scored Again: Jury Hits J&J With $260M
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Good Legal Technology is Good Business: A Case for Bringing Employment Issues In-House
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