I'm a reporter covering the business of law, focusing on Florida-based and national law firms for the Daily Business Review, The American Lawyer, Law.com and other ALM publications. Reach me at: [email protected] or on Twitter at @dan_roe_.
November 29, 2022 | The American Lawyer
Cravath Announces Year-End Bonus Scale, With Eighth-Years AbsentThe law firm omitted eighth-year associate bonuses in a Tuesday email from firm management.
By Dan Roe
2 minute read
November 29, 2022 | Pro Mid Market
How Possessive Attorneys and Passive Managers Stymie Succession of Client RelationshipsAs an aging lawyer population confronts a profession mostly devoid of mandatory retirement policies, territorial equity partners—and the managers who enable them—threaten the future of small and midsize firms.
By Dan Roe | Justin Henry | Jessie Yount
8 minute read
November 28, 2022 | The American Lawyer
BlockFi Turns to Familiar Name for Crypto Bankruptcies: Kirkland & EllisHaving requested more than $15 million in the bankruptcies of Celsius and Voyager to date, Kirkland has already billed another $1.5 million in the Chapter 11 bankruptcy of crypto lender BlockFi. Haynes and Boone is serving as co-counsel.
By Dan Roe
2 minute read
November 23, 2022 | The American Lawyer
Baker McKenzie Remains Alone on Bonuses as Firms Grapple With Excess CapacityA downturn in transactional work will likely cause more segmentation in year-end bonus payments following two years of bonus-matching.
By Dan Roe
3 minute read
November 21, 2022 | The American Lawyer
Cadwalader Suffered Email Network Outage Following CyberattackThe firm's email server was breached and remained down for some attorneys through Sunday as the firm distributed new laptops.
By Dan Roe | Justin Henry
2 minute read
November 21, 2022 | The American Lawyer
Baker McKenzie Rolls Out 2022 Bonus Schedule, Omitting Additional Hours-Based PremiumsAnnual bonuses for U.S. associates start at $20,000 for the class of 2021 and increase to $115,000 for the class of 2015 and beyond.
By Dan Roe
2 minute read
November 16, 2022 | The American Lawyer
16-Lawyer IP Group Quits FisherBroyles for Greenberg Traurig, Highlighting Pros and Cons of Distributed FirmsIncoming shareholders Bryan Hanks and Jonathan Lee cited Greenberg Traurig's nationwide physical presence as a reason for taking their 31-person team to the Am Law 100 firm.
By Dan Roe
5 minute read
November 15, 2022 | The American Lawyer
Gibson Dunn Elects Record Partner Class as Biggest Firms Lead Promotion SeasonThe firm's announcement of 37 new partners arrives as smaller firms in the Am Law 100 scale back from last year's record-breaking class sizes.
By Dan Roe
3 minute read
November 14, 2022 | The American Lawyer
Stealth Layoffs Obscure Big Law's Exposure to Silicon Valley LossesAs billable hours dry up in venture capital and emerging companies practices, law firms create a pretext for more cuts to correct overhiring.
By Dan Roe
6 minute read
November 10, 2022 | The American Lawyer
Cooley's 'Performance-Based' Layoffs Also Hit High-AchieversSources close to the firm said Cooley let go of associates with positive performance reviews due to a lack of work in practices such as venture capital and capital markets.
By Dan Roe | Justin Henry
4 minute read
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