The American Lawyer | Analysis
By Justin Henry | March 27, 2024
The firm has shaken up its C-suite, revamped its staffing ratio, and installed new management software. It succeeded in luring back one client that had publicly severed the relationship after the release of emails containing derogatory language from former employment practice leaders.
The American Lawyer | Analysis
By Justin Henry | March 26, 2024
While Latham has been gradually expanding its bonus pool, other firms have reallocated the value of share points to reach similar ends.
By Justin Henry | March 20, 2024
A group of 185 Chinese limited partners who put money into a $2.5 billion redevelopment project in Century City, Los Angeles, say the firm's "failure to exercise a modicum of diligence" helped cost them their entire stake.
The American Lawyer | Analysis
By Justin Henry | March 19, 2024
Firms like Kirkland & Ellis and DLA Piper have used forgivable loans to bat away offers from rivals and Shearman & Sterling has used them to incentivize partners at the firm to stick around for the merger with Allen & Overy.
By Dan Roe | March 18, 2024
Gross revenue was up 12.3% while profits per equity partner rose 13.4% during the firm's 28th consecutive year of revenue growth.
By Alex Anteau | March 13, 2024
"There isn't a businessperson in the state that's not going to not lose the duty to defend because within [the new criteria," the defendant-appellee attorney said. "They can either have the financial wherewithal or can borrow it. ... It reaches so much further than it needed to go."
The Legal Intelligencer | News
By Amanda O'Brien | March 8, 2024
Thomas Duffy accused his former law partner Ken Fulginiti of withholding settlement fees on Wednesday, just a week after Fulginiti filed his own lawsuit—withdrawn a day later—accusing Duffy of defrauding him of millions.
By Alexander Lugo | March 8, 2024
Because of the large gap between standard and agreed rates, some firms have been able to raise rates for clients quietly. Now, there's seemingly pushback.
The Legal Intelligencer | Analysis|News
By Amanda O'Brien | March 7, 2024
The firm's revenues climbed by 5.5% to hit $653 million. "We're not looking for a business that's up 20% in the good years and down 8% in the bad years," explained firm chairman Michael Heller.
The Legal Intelligencer | News
By Amanda O'Brien | March 5, 2024
Ken Fulginiti accused Thomas Duffy Jr. of understating profits and spending revenues on "vanity expenses" and personal needs.
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