Jessie Yount is a reporter on ALM's business of law desk based in California, covering law firms and the intersection of law and technology. Contact her at [email protected]. On Twitter: @Jessie_Yount
April 07, 2023 | The American Lawyer
First-Year Associates Caught in the Crosshairs of Big Law's Latest LayoffsFirst-year associates were among the lawyers let go at Gunderson this week across the Bay Area, Los Angeles, New York and Boston.
By Jessie Yount
5 minute read
April 04, 2023 | The American Lawyer
Gunderson Lays Off 10% of Attorneys and Staff"This action was not taken lightly, but we needed to right-size the firm after two years of extraordinary client demand," Gunderson managing partner David Young said in a statement.
By Jessie Yount
2 minute read
April 04, 2023 | The American Lawyer
Skadden Hires Proskauer's Trial Practice Co-LeaderManuel Cachán is Skadden's second lateral partner hire this year.
By Jessie Yount
3 minute read
April 03, 2023 | The American Lawyer
All Eyes Are on the Middle Market as Larger Firms See Big Money in Smaller DealsFalling demand in corporate practices has meant a return to more modest transactions for Am Law Second 50 firms that seized big-ticket deals in the deal boom of 2021, and increasingly, large firms are looking to capture work where it is available—and much of it is in the middle market.
By Jessie Yount
7 minute read
March 31, 2023 | The Recorder
In Talent Tug-of-War, Law Firms Make Surgical Cuts and Future InvestmentsDragged down by overcapacity, some firms continue to trim the associate ranks. But many still plan to pull in more junior lawyers because no one wants to end up with a hole in their ranks when the next deal boom comes along.
By Jessie Yount
6 minute read
March 29, 2023 | The Recorder
Norton Rose Fulbright Hires Baker Botts Corporate PartnerCorporate partner Yan Zhang was drawn to Norton Rose's global platform for clients, as their needs become more international in nature.
By Jessie Yount
2 minute read
March 28, 2023 | The Recorder
Melinda Haag Talks West Coast Growth, White Collar Buzz at Paul Weiss"Part of enhancing our brand nationally includes boosting our West Coast footprint and making sure the California market knows what a formidable and talented bench we have," said Paul Weiss' Melinda Haag.
By Jessie Yount
10 minute read
March 27, 2023 | Pro Mid Market
Economic Opportunities Prompt a Partner Flight to the Mid-MarketMidsize firms are scooping up laterals from Big Law, drawn to smaller platforms that alleviate billing rate pressures and more.
By Jessie Yount
6 minute read
March 27, 2023 | The American Lawyer
Willkie's Revenue Rises 13%, as Lateral Growth and Office Openings Pay OffWillkie grew revenue and net income again in 2022, as a swell in litigation offset some declines on the corporate side. Successful lateral investments in places such as Chicago and California fueled some of the top-line returns, firm leaders said.
By Jessie Yount
5 minute read
March 24, 2023 | The American Lawyer
Stable Clients Propelled Jackson Lewis' Demand and Revenue Growth in 2022"Labor and employment sounds small, but the depth of what our clients need in this space provides lots of opportunities," chair Kevin Lauri said, noting the firm grows by about 6,000 clients every year.
By Jessie Yount
4 minute read
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