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By Hugh A. Simons | November 14, 2023
History suggests that acquiring a "falling knife firm" can be accretive for the acquiring firm but that it requires something of the order of a 30% reduction in the equity partner ranks at the acquired firm, Hugh Simons writes.
9 minute read
By Amanda O'Brien | November 14, 2023
Twenty-two attorneys and two patent agents will be joining Buchanan's IP department in the move.
4 minute read
By Peter Vaira | November 13, 2023
As with most major changes in industry or professional practices, there are many effects, some good, some troublesome. What is important to recognize is that with many mergers, the operation of the legal profession is different than 20 years ago.
7 minute read
By Abigail Adcox | November 6, 2023
Greg Lavigne is one of several partners who have departed Allen & Overy and Shearman in recent months in the wake of the two firms announcing their plans to merge.
3 minute read
By Alexander Lugo | November 3, 2023
"The attorneys who are going to join us are the attorneys who want to bet on themselves. They know what they are worth, and they want to be able to have agency over their time and over the type of work that they deliver to their clients," said Concepción Global partner Christine Concepción.
3 minute read
By Zack Needles | November 3, 2023
The news and analysis you need to start your day.
4 minute read
By Justin Henry | November 2, 2023
After Stroock's plan A of merging with another firm fell through, their plan B of dissolving the firm and relocating a portion of the firm is playing out.
6 minute read
By Patrick Smith | November 2, 2023
"They didn't do anything when 45 people left a year ago," said a Stroock lawyer about firm leadership.
8 minute read
By Amanda O'Brien | November 1, 2023
Stroock & Stroock & Lavan missed its window of opportunity to find a merger partner, and now the firm is shutting down. Could leaders have done anything to secure greater support for their plans?
5 minute read
By Hugh A. Simons | October 30, 2023
In short: mergers between healthy firms work, Hugh Simons explains, detailing data that shows adding an unhealthy firm into the mix is a recipe for multi-year declines in PEP rank.
6 minute read
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