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Latest Stories

November 27, 2024 | The American Lawyer

Big Firms May See 'Uncomfortable Flashbacks' as Cost Pressure Grows

"There continues to be quite a bit of expense pressure,” contributing to big firms pressing forward with billing rate increases, noted Wells Fargo's Les Starck.
4 minute read
November 26, 2024 | The American Lawyer

Weil Advances 18 to Partner, Largest Class Since 2021

The firm stuck to a roughly 50/50 split between New York and other offices.
3 minute read
November 26, 2024 | The American Lawyer

Anticipating a New Era of 'Extreme Vetting,' Big Law Immigration Attys Prep for Demand Surge

Donald Trump made tougher federal immigration enforcement a cornerstone of his campaign. Clients are already wondering how their businesses will be impacted.
6 minute read
November 26, 2024 | The American Lawyer

Deal Watch: What Dealmakers Are Thankful For in 2024

"I am thankful that private equity is constantly evolving and changing but always challenging,” Kirkland & Ellis private equity partner Michael Weisser said.
9 minute read
November 26, 2024 | Texas Lawyer

Akin, Baker Botts, Vinson & Elkins Are First Texas Big Law Firms to Match Milbank Bonuses

The three homegrown Texas firms, all in the Am Law 100, are paying the market rate for year-end and special bonuses set by Milbank, as a number of Big Law firms have also announced similar moves.
4 minute read
November 26, 2024 | The American Lawyer

High-Profile Sidley M&A Partner Heads to Covington

This is the third Sidley Austin corporate partner to join Covington & Burling in recent months.
2 minute read
November 26, 2024 | The American Lawyer

Stars and Gripes: Firms Need a 'Superstar Culture' to Crack the U.S. Market

Herbert Smith Freehills and others need to adopt a Paul Weiss-style focus on key individuals if they want to compete in America
6 minute read
November 26, 2024 | The American Lawyer

BCLP Exploring Merger Prospects as Profitability Lags, Partnership Shrinks

The quest to form a global firm with a shared profit pool has led to some U.S. partner tensions.
8 minute read
November 25, 2024 | The Recorder

Capital Markets Partners Expect IPO Resurgence During Trump Administration

A second Trump presidency is expected to loosen regulations, which could spur more activity in public markets, lawyers say.
4 minute read
November 25, 2024 | The American Lawyer

Polsinelli's Revenue and Profits Surge Amid Partner De-Equitizations, Retirements

With revenue growing 13%, practices such as health care, real estate, labor and employment and litigation were “clicking on all cylinders," said the firm's CEO.
5 minute read

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