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David Thomas

David Thomas

I'm a reporter covering the business of law, with an emphasis on national and global law firms for The American Lawyer, Law.com and other ALM publications.

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April 24, 2020 | National Law Journal

DC Firms Had a Great 2019. Will the Pandemic Take Their Gains?

Some Am Law 100 firms in the capital sailed into the year in better shape than others, but they're all facing headwinds now.

By David Thomas

5 minute read

April 21, 2020 | The American Lawyer

The Am Law 100 Found Success in 2019. Will It Be Enough in 2020?

After a 5% increase in gross revenue and 3% growth in revenue per lawyer, the Am Law 100 were in a good place at the start of 2020. Then a global pandemic started. Now what?

By David Thomas

12 minute read

April 20, 2020 | The American Lawyer

Sidley Picks Up Shearman Practice Leader As Pandemic Transforms Leveraged Finance Scene

"It's a great time to be cash rich now," said Joshua Thompson, who was the head of Shearman's leveraged finance group.

By David Thomas

3 minute read

April 17, 2020 | The American Lawyer

Labor-Focused Seyfarth Cuts Salaries, Partner Draws, Furloughs Staff

Seyfarth chair and managing partner Peter Miller said despite solid finances, "caution" dictated the need for cuts.

By David Thomas

3 minute read

April 16, 2020 | The American Lawyer

Chicago Plaintiffs Firm's Donations Help Local Restaurants, Businesses Fighting Virus

Edelson PC, known as a scourge of Silicon Valley, says a business model accustomed to dry spells and windfalls is helping it weather the pandemic and make a difference close to home.

By David Thomas

5 minute read

April 16, 2020 | The American Lawyer

Schiff Hardin Attorneys, Staff Hit With Salary Cuts Up to 50%

Most lawyers and staffers who make more than $100,000 will see their salaries temporarily reduced by 15%, but pay for a small portion of lawyers could be slashed in half.

By David Thomas

3 minute read

April 15, 2020 | The American Lawyer

As Bankruptcies Surge, Sheppard Mullin Adds Kirkland Partner

The firm's latest hires comes as both Sheppard Mullin and its clients grapple with the effects of the COVID-19 pandemic.

By David Thomas

3 minute read

April 14, 2020 | The American Lawyer

Coping With Post-Merger Pandemic, Faegre Drinker Trims Partner Pay, Proceeds With Integration

Firm co-chair Andrew Kassner said the legacy firms laid the groundwork for a successful merger before the coronavirus arrived, but there's no escaping the economic fallout.

By David Thomas

4 minute read

April 10, 2020 | The American Lawyer

With Ruemmler's Exit, Doug Greenburg Steps In as Latham White-Collar Chief

Greenburg said he wants to recruit and develop talent, despite the challenges of the pandemic, while Kathryn Ruemmler vowed to maintain a relationship with Latham in her new role at Goldman Sachs.

By David Thomas

4 minute read

April 10, 2020 | The American Lawyer

Latham Summer Associates Program Lives On, With Pay, But Uncertainties Remain

The firm vowed to honor its financial promises and press on with its summer associate and 1L fellowship programs, but the format for both is still up in the air.

By David Thomas

2 minute read