March 14, 2024 | The American Lawyer
Revenues Triple at Largest Public Litigation Funder as Earnings Per Share Grow 19xBurford Capital's revenues rose to $1.1 billion in the 2023 fiscal year. The company's shares on the New York Stock Exchange climbed 4.4% on the results.
By Justin Henry
4 minute read
March 13, 2024 | Pro Mid Market
So You Want to Start Your Own Law Firm. Now What?Law firm founders dish on the do's and don'ts of pursuing your entrepreneurial dreams.
By Dan Roe | Justin Henry
8 minute read
March 12, 2024 | The American Lawyer
Anticipating Transactional Rebound, Am Law 50 Steps Up Partner Hiring in Early 2024"It shows optimism about what's to come," Macrae partner Jon Truster said. "I don't believe that the hiring is reflective of deal activity. I think it's law firms being more opportunistic that their corporate departments will become busier."
By Justin Henry
6 minute read
March 08, 2024 | The American Lawyer
Baker & Hostetler Reverses Profitability Declines But Compensation Pressures MountRevenue grew by 7.6% in 2023 to top $971 million, while PEP rose by 3.6% to more than $1.8 million.
By Justin Henry
6 minute read
March 06, 2024 | The Recorder
'We Believe There's a Purpose to Being in the Office': Dechert Grows San Francisco Footprint Via SubleaseThe firm moved into new space formerly held by Slack at the start of the month, taking on an additional 2,000 square feet.
By Justin Henry
5 minute read
March 04, 2024 | The American Lawyer
Awaiting $6.2B Payout From Argentina, Burford Nets Kobre Partner Handling Foreign Asset RecoveryBurford Capital, the world's largest publicly traded litigation funder, is building up its team of lawyers dedicated to enforcing rulings in which foreign assets are at stake.
By Justin Henry
5 minute read
February 28, 2024 | The American Lawyer
Kasowitz Benson Torres Has Sued Clients for $5.2M Since Beginning of 2023The latest target is a former Gibson, Dunn & Crutcher partner whom the firm defended against charges regarding his alleged involvement in an unregistered money transfer scheme.
By Justin Henry
5 minute read
February 26, 2024 | The American Lawyer
Ex-Partner Sues Thompson Hine Over 'Toxic Boys Club Locker Room' Environment in NYCRebecca Brazzano accused former vice chair of litigation Richard DePalma of behaving inappropriately toward her and other female colleagues at the firm.
By Justin Henry
8 minute read
February 23, 2024 | The American Lawyer
'One Firm' or Separate Entities? Vereins' Growth Bumps Into Conflicts, Liability ConcernsA ruling from an Illinois appellate court has put Baker McKenzie's structure under scrutiny, two years after Dentons was saddled with a $32 million malpractice verdict that also implicated the firm's verein status.
By Justin Henry | Kasvi Sehgal
8 minute read
February 21, 2024 | The American Lawyer
Quinn Emanuel's 38% PEP Growth Came From Heightened Leverage, High-Profile CasesRoughly 8% of the firm's $2.07 billion in revenue came in the form of contingency fees, according to Michael Carlinsky, one of three co-managing partners at the firm.
By Justin Henry
5 minute read