July 18, 2024 | The American Lawyer
Billing Missteps, Disgruntled Rainmakers, Shocking Emails: Behind the Scenes of a Legal Industry ScandalHow a partner uprising over alleged financial mismanagement at an Am Law 100 firm led to one of the industry's largest spinoffs—and fastest collapses.
By Justin Henry
11 minute read
July 15, 2024 | The American Lawyer
Am Law 100 Firms Struggle to Meet Plans for Office Efficiency"As much as people are trying to skinny-down their offices, getting rid of workrooms, getting rid of administrative stations, the experience of relative inefficiency is still happening," said Thomas Fulcher, chair of the legal tenant practice group at Savills.
By Justin Henry
4 minute read
July 12, 2024 | Pro Mid Market
In the Big Law-Mid Law Talent Tango, Who's Taking the Lead?The value propositions of Mid Law and Big Law are, to paint with a broad brush, diametrically opposed. While it's easy to understand the appeal of both, the transition between the two can be fraught.
By Kate Reder Sheikh
5 minute read
July 11, 2024 | The American Lawyer
Attorneys May Be on the Hook for Advocating Transactions Deemed 'Abusive' by Pending IRS RuleNew regulations casting a closer eye on "basis shifting transactions" could be neutered by the Supreme Court's recent ruling overturning the "Chevron" doctrine.
By Justin Henry
7 minute read
July 08, 2024 | The American Lawyer
Pierson Ferdinand Continues FisherBroyles Raid With London Office LaunchFive of the eight lawyers in the new office come from FisherBroyles, including the partner who established the firm's London presence in 2020.
By Justin Henry
4 minute read
July 08, 2024 | The American Lawyer
With a 7-Figure Book Deal and TV Adaptation on the Way, This Dechert Associate Remains Committed to Her Day Job"There are aspects of legal work I would really miss if I left it behind," said Isabel J. Kim, whose unpublished debut novel "Sublimation" has been picked up by Universal International Studios.
By Justin Henry
5 minute read
July 03, 2024 | The American Lawyer
Dechert Bails on Chicago: Spotty Integration, Scant Local Clients, Dwindling Partner CountThe firm entered the market in 2012, eyeing a range of financial services work. But ultimately, the office wound up as a service outlet for litigation on behalf of clients located elsewhere.
By Justin Henry | Andrew Maloney
5 minute read
July 02, 2024 | The American Lawyer
Armstrong Teasdale Withdraws From Salt Lake City"Salt Lake City is a great legal market and a fantastic city, but it's not the right time for us to be there," managing partner Richard Engel said Tuesday. The firm first opened there in April 2020.
By Justin Henry
3 minute read
July 01, 2024 | Pro Mid Market
Firm Leaders Adapt to Post-COVID Workplace PreferencesAfter a realigning of workplace norms due to the COVID-19 pandemic, law firms are still grappling with how to handle remote-work expectations. While offering flexibility may work for some firms, others still seem reluctant to offer fully remote options.
By Justin Henry
5 minute read
July 01, 2024 | The American Lawyer
Dentons Scales Up in Utah With 7-Lawyer Team From Armstrong TeasdaleThe group acquisition leaves just two lawyers left in Armstrong Teasdale's Salt Lake City office, which opened in 2020.
By Justin Henry
5 minute read