Jack Newsham writes about the New York legal community and the business of law, including law firm finance and management and the battle for talent. Email him at [email protected] and find him on Twitter @thenewsham.
April 02, 2020 | The American Lawyer
More Partners Leave Boies Schiller in DC, Los AngelesAt least 16 partners have left Boies Schiller this year. But the firm's leaders said some people have been asked to leave and that some departures, even from the equity partner ranks, have been a wash, financially.
By Jack Newsham | Dylan Jackson
4 minute read
April 01, 2020 | New York Law Journal
Kevin Duffy, Retired SDNY Judge Who Presided Over Mobster and Terrorist Trials, Dies From COVID-19While he had many accomplishments on the bench, "at the heart of his greatness were small acts of care and concern for others," said Judge P. Kevin Castel.
By Jack Newsham
3 minute read
April 01, 2020 | New York Law Journal
Cullen & Dykman Lays Off and Furloughs, While Cutting Lawyer and Staff PayThe 180-attorney firm based in Long Island has laid off or furloughed more than 30 people and cut the pay of lawyers and staff who are still around, sources said.
By Jack Newsham
3 minute read
March 31, 2020 | New York Law Journal
Pryor Cashman Furloughs Some Associates, Citing Interrupted WorkflowAnother New York midsize firm, Rivkin Radler, announced its own cost-saving moves this week by withholding partner pay and reducing associate and staff pay.
By Jack Newsham
3 minute read
March 31, 2020 | New York Law Journal
Cadwalader Halts Partner Pay, Cuts Associate and Staff CompensationPartners "have been told not to expect any distributions during the peak months of the crisis," according to an internal memo, as the firm looks to avoid layoffs.
By Jack Newsham | Christine Simmons
4 minute read
March 31, 2020 | New York Law Journal
Cooley Brings On Wachtell M&A Associate as PartnerCooley's latest hire, who says he was attracted to his new firm's "down-to-earth" culture, says some deals are getting through while other companies should shore up their governance and focus on activism preparedness.
By Jack Newsham
3 minute read
March 30, 2020 | New York Law Journal
Paul Weiss Revenue and Profits Slip, Chairman Points to Busy 2020"Our average profit per partner last year was $4.7 million, so I don't think anyone is going to start a GoFundMe page or hold a telethon for Paul Weiss partners," said chairman Brad Karp.
By Jack Newsham
5 minute read
March 30, 2020 | New York Law Journal
Lawyer Who Was Westchester's 'Patient Zero' Is Home From Hospital, Cuomo SaysLawrence Garbuz, whose condition was earlier deemed critical, was at the center of a large cluster of cases that helped make the New York City region an epicenter of the coronavirus pandemic.
By Jack Newsham
3 minute read
March 27, 2020 | The American Lawyer
For Some Law Firm Support Staff, Pandemic Brings New UncertaintyWith the coronavirus pandemic resulting in most law firms working from home, some law firm staff are having an easier time adapting than others.
By Jack Newsham
4 minute read
March 27, 2020 | The American Lawyer
New Deals for a New Day: In a Changing M&A Landscape, Lawyers Are Getting CreativeM&A lawyers are being forced to innovate in order to overcome a new slew of hurdles and meet clients' expectations.
By Jack Newsham
12 minute read
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