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
December 11, 2023 | The American Lawyer
To Secure A&O Merger, Some Shearman Partners Agreed to 50% Cut to Unfunded Pension"It was clear that if we didn't approve the pension, the [Allen & Overy] deal wasn't going to go through," a retired Shearman partner said.
By Christine Simmons | Anne Bagamery
6 minute read
December 04, 2023 | The American Lawyer
Busier Than Ever: How Cravath's Litigation Team Has Grown Into an Industry PowerhouseAs one of The American Lawyer's Litigation Department of the Year finalists, Cravath's litigation team is at the ready to handle any complex, pivotal case that comes its way.
By Christine Simmons
5 minute read
November 30, 2023 | The American Lawyer
The Pressure to Match Associate Pay RaisesAt least 70 law firms, mainly across the Am Law 100, had gone up to $215,000 or more in the previous round of associate salary hikes.
By ALM Staff
1 minute read
November 16, 2023 | The American Lawyer
Cravath Names Four to Partnership, Fewer Than Past Several YearsCravath's new partner class includes one woman.
By Christine Simmons
3 minute read
November 16, 2023 | Law.com
Law Firm Closures and Associate Raises Underscore Legal Market DichotomyIn the 2023 economy, there appears to be no clear direction for the bulk of law firms, unlike 2021 and 2022. Law firms are pursuing a variety of trajectories, in a tale of two markets.
By Christine Simmons
6 minute read
October 05, 2023 | Law.com
Big Law Is Further Tweaking Partner PayIn order to lure over top rainmaking partners from a rival, law firms are taking steps to make sure their pay packages and partner compensations systems are competitive.
By Christine Simmons
7 minute read
August 29, 2023 | New Jersey Law Journal
Fox Rothschild Absorbs Five-Lawyer Auto BoutiqueFirm chair Mark Morris said Aboyoun Dobbs has been the "go-to firm for automobile dealerships in the tri-state area since its founding in 1989."
By Christine Simmons
2 minute read
July 20, 2023 | Law.com
Four Days In Office Reflects Big Law's New Management AttitudeThe march by big law firms to mandate more time in the office isn't only a logistical issue about where lawyers are working and billing hours. It's a sign of a much larger shift in the legal industry, amid lowered law firm demand and some continued alarms of a potential recession.
By Christine Simmons
7 minute read
June 06, 2023 | The American Lawyer
Paul Weiss Picks Up Morgan Stanley Global M&A ChairRobert Kindler is reuniting with Paul Weiss partner Scott Barshay, after both previously practiced at Cravath.
By Christine Simmons
3 minute read
April 27, 2023 | Law.com
Associate Training and Development at Stake as Deal Demand FallsA growing concern of declining law firm profits is the long-term effect on associates, including lack of training, performance reviews that lead to cuts, and some law firms reshuffling their associate ranks to right-size their class years.
By Christine Simmons
5 minute read