Christine Simmons

Christine Simmons writes about the New York legal community and the business of law. Email her at [email protected] and find her on Twitter @chlsimmons

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April 01, 2021 | Law.com

There's A Burnout Crisis. Competitive Comp Won't Cure it.

The high churn of deals and focus on short-term profits are creating long-term talent management and retention problems. Big Law has partly responded by throwing money at associates in the form of bonuses.

By Christine Simmons

6 minute read

March 29, 2021 | The American Lawyer

2 Schulte Corporate Partners, Including M&A Leader, Arrive at Milbank

Richard Presutti, a Schulte executive committee member and an M&A leader at the firm, and Antonio Diaz-Albertini have frequently represented private equity and investment firms.

By Christine Simmons

3 minute read

March 22, 2021 | The American Lawyer

Davis Polk Ups Ante on Associate Bonuses

The firm's announcement on Monday will likely raise the stakes again for other elite firms.

By Christine Simmons

4 minute read

March 19, 2021 | The American Lawyer

Milbank Sees 16% Spike in Revenue and Profits, Amid More Demand for Partner Hours

Restructuring and transactional practices were "big drivers of growth," said chair Scott Edelman, but "for us to have a 15.6% revenue growth, that's not going to come from just one area."

By Christine Simmons

6 minute read

March 18, 2021 | The American Lawyer

Crowell & Moring to Combine With Kibbe & Orbe, Gaining NY Securities Strength

The boutique's 24 lawyers joining Crowell include 17 in New York, one in Washington, D.C., and six in London, chairman Phil Inglima said.

By Christine Simmons

5 minute read

March 09, 2021 | The American Lawyer

After Drop in Profits and Deal Work, Shearman Optimistic About 2021 Growth

Shearman's inventory at year-end was $50 million higher than the year before due to increased activity levels in the second half, the firm's senior partner said.

By Christine Simmons

6 minute read

March 05, 2021 | The American Lawyer

Weil Boosts Profits 12% Amid Wave of Restructuring and Deal Work

The profit increase was "really about the top line," Wolf said, noting associate fall bonuses offset any cost-savings.

By Christine Simmons

7 minute read

March 04, 2021 | Law.com

The One Pandemic Investment Law Firms Are Overlooking

By failing to readjust expectations for employees and provide more flexibility, the investments some firms made during the pandemic could be viewed as short-sighted and missing the key target

By Christine Simmons

6 minute read