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
April 15, 2021 | Law.com
Big Law is Following Corporate Clients in Vocalizing ValuesGetting to know a client's business has become much more than just reviewing their contracts with suppliers. It now means speaking out with them on the most pressing social issues of the day.
By Christine Simmons
7 minute read
April 13, 2021 | Law.com
Remote Work Has Permanently Altered Law Firm Life, for Better and for WorseThe shift from office work to working-from-home has triggered a massive transformation in Big Law. But after all the effort that went into making the nearly overnight transition to full-time remote work during the pandemic, the question now is: which changes will last?
By Christine Simmons
13 minute read
April 08, 2021 | The American Lawyer
Elite New York Firms' 2020 Financial Performance Furthers Strategic AdvantageSeveral New York firms engaged in some of their most expansive lateral hiring, while some also used the period to move further away from the strict lockstep partner pay model.
By Christine Simmons
26 minute read
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 MilbankRichard 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 BonusesThe 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 HoursRestructuring 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 StrengthThe 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 GrowthShearman'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 WorkThe profit increase was "really about the top line," Wolf said, noting associate fall bonuses offset any cost-savings.
By Christine Simmons
7 minute read
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