January 18, 2024 | The American Lawyer
Latest Norton Rose Fulbright Departure Sees Fintech Practice Head Relocate to Steptoe"One troubling fact was that it was never explained internally, even to partners, why our global C-suite all the sudden departed in a short period of time," Stephen Aschettino said of his former firm. "The reasons for that have never been articulated."
By Justin Henry
5 minute read
January 16, 2024 | The American Lawyer
In Partner Comp, Does Ignorance Equal Bliss? Firms Using the 'Black Box' Hope So"It is so much easier to keep people happy when they can't see someone is making more than them even though they have more in originations," said Jeffrey Lowe, recounting the message he hears from firms with opaque compensation models.
By Justin Henry
5 minute read
January 12, 2024 | The American Lawyer
At Quinn Emanuel, Planning for Success, Not Succession PlanningJohn Quinn believes "we make better decisions across the board," since Michael Carlinsky and William Burck joined him to provide three-pronged leadership of the litigation powerhouse in May 2022.
By Justin Henry
7 minute read
January 11, 2024 | The American Lawyer
Paul Weiss Hides Partner Pay Inside 'Black Box,' as Firm Shells Out for Top LateralsThe adoption of a nontransparent pay system comes as firm leaders seek to reduce internal tensions as the spread of compensation expands.
By Justin Henry
3 minute read
January 10, 2024 | Pro Mid Market
Eyeing Rate Flexibility, Longtime Sidley Litigator Decamps to Midsize Manhattan FirmSecurities litigator Isaac Greaney left Sidley to expand the types of work available to him due to more flexible rates.
By Justin Henry
4 minute read
January 08, 2024 | The American Lawyer
Dechert Loses 2 Litigation Partners Who Held Leadership RolesFormer SDNY U.S. attorney David Kelley, former co-leader of the firm's white-collar practice, moved to O'Melveny & Myers. Benjamin Barnett, chair of the firm's technology committee, joined plaintiffs firm Seeger Weiss.
By Justin Henry
6 minute read
January 04, 2024 | Pro Mid Market
'High Performing' Firms Increasingly Entertained M&A Options In 2023Law.com Pro Mid Market takes a look at the motivations and circumstances that led to recent mergers and acquisitions of law firms. "If you're not a certain size, it's hard to compete for talent and it's hard to retain," said one consultant.
By Justin Henry
6 minute read
January 04, 2024 | The American Lawyer
Quinn Emanuel Plots Wilmington Office Opening, Hiring Local Counsel to LeadMichael Barlow's history of working with Quinn Emanuel's litigators as Delaware counsel includes representing clients Mirae Asset Global Investments and Snow Phipps Group in the first two COVID-19 "busted deal" cases to go to trial.
By Justin Henry
3 minute read
January 03, 2024 | The American Lawyer
Major Lindsey Asked About Buying Unfiled Claim Amid Efforts to 'Bury' Litigation With Ex-Recruiter, Memo SaysThe trustee of the bankruptcy estate of fired Major Lindsey recruiter Sharon Mahn alleged inappropriate conduct by the recruiting firm's counsel in a recent filing in New York state court.
By Justin Henry
6 minute read
January 02, 2024 | The American Lawyer
Two More Am Law 200 Firms Start Year With New LeadersSheppard Mullin tapped Chicago-based employment partner Kevin Cloutier to serve as the firm's co-managing partner, while St. Louis-founded Armstrong Teasdale named corporate partner Richard Engel managing partner.
By Justin Henry
5 minute read
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