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.Weil Advances 18 to Partner, Largest Class Since 2021
The firm stuck to a roughly 50/50 split between New York and other offices.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.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.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.High-Profile Sidley M&A Partner Heads to Covington
This is the third Sidley Austin corporate partner to join Covington & Burling in recent months.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 AmericaBCLP 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.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.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.Trending Stories
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