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Milbank Becomes 14th U.S. Firm to Close Mainland China Office in 18 Months
Earlier this week, Paul Weiss, the oldest American law firm in China, also announced the closure of its Beijing office.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.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."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.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.View more book results for the query "*"
Highest-Earning Partners May Be Looking to Cash In on Early Retirement
With partner pay escalating, some of the highest-paid partners are really looking to call it quits early.Freshfields Adds Cap Markets, Employee Benefits Partners in Silicon Valley
The firm continues to bulk up in California as capital markets and M&A volume are expected to continue their upward trajectory moving into 2025.Fatal Shooting of CEO Sets Off Scramble to Reassess Executive Security
"If you are at a company that deals with consumers in an emotional area, you really have to think about this," former Airbnb General Counsel Rob Chesnut said.Law Firms Are In a Strong Spot, But Their Continued 'Growth Mindset' Comes With Challenges
An "aggressive" lateral market as well as expense pressure and partner integration will challenge firms in 2025, even as they are looking to build on an already strong position.Lawyers Drowning in Cases Are Embracing AI Fastest—and Say It's Yielding Better Outcomes for Clients
“This is the first technology wave that no lawyer can ignore," said Aaref Hilaly, a partner at Bain Capital Ventures, which invests in legal document automation companies.Trending Stories
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