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Latest Stories

December 09, 2024 | The American Lawyer

Paul Weiss Promotes Into Both Partner Tiers Amid 'Existential War for Talent'

In a statement to ALM on Monday, firm chair Brad Karp said he believes the new two-tier partnership model is important because it allows the firm to “compete effectively in the existential war for talent."
5 minute read
December 09, 2024 | The American Lawyer

Gibson Dunn Adds Senior SEC Enforcement Official

Osman Nawaz spent more than 14 years at the SEC before joining Gibson Dunn as a partner.
2 minute read
December 09, 2024 | The American Lawyer

Orrick Hires Real Estate Partner to Focus on Data Centers

Peter Bergan joins the firm after over three years at Loeb & Loeb in Chicago.
4 minute read
December 09, 2024 | The American Lawyer

In Today’s Cutthroat Market, Regions Need a Business Case

Whether or not a law firm is steadfastly ‘global’, leaders are scrutinizing their geographical spread much more closely, writes the Global Lawyer.
4 minute read
December 09, 2024 | The American Lawyer

Steptoe Offers Associates New Flexible Billable Hour Tracks in Revamped Comp System

Steptoe’s revamped associate compensation model, which takes effect in January, will have three full-time billable hour budget options for associates with coinciding compensation scales.
4 minute read
December 06, 2024 | The American Lawyer

Milbank Becomes 14th U.S. Firm to Close Mainland China Office This Year

Earlier this week, Paul Weiss, the oldest American law firm in China, also announced the closure of its Beijing office.
3 minute read
December 06, 2024 | The American Lawyer

Cleary vs. White & Case: New York City Showdown Over $5 Billion Brazilian Bankruptcy

Multinational cement manufacturer InterCement, represented by White & Case, is battling bondholders represented by Cleary in a New York court.
3 minute read
December 06, 2024 | Corporate Counsel

Ex-Google Exec Joins AI Company as First CLO

"This is a pivotal moment, not just for Turing, but for the entire AI ecosystem," said Catherine Lacavera, chief legal oficer of Turing.Enterprises. "AI is reshaping industries, and companies need strong legal frameworks to navigate the challenges and opportunities it presents."
2 minute read
December 06, 2024 | The American Lawyer

Clients Paid More for Less Experience in 2024 Rate Hikes

Firms raised the prices of their cheapest paralegals, associates and partners higher than rate hikes for more experienced professionals of the same tier, bankruptcy court records show.
3 minute read
December 05, 2024 | The American Lawyer

Linklaters Duo Jumps to Reed Smith's Structured Finance Practice

Peter Williams and Elizabeth Walker had only been with Linklaters for a little more than two years when they opted to join Reed Smith in New York City.
4 minute read

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