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Justin Henry

Justin Henry

Justin Henry covers law firm business trends and innovation for The American Lawyer. Reach him at [email protected] or on Twitter @jstnhenry87

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November 06, 2023 | The American Lawyer

Foley & Lardner Drops Refund-Seeking Suit Against Recruiter

The Am Law 50 firm filed to discontinue its claims against New York-based recruiting agency Mark Bruce International last week.

By Justin Henry

2 minute read

November 03, 2023 | The American Lawyer

Latham's New Partner Class Is Male-Dominated, but So Are Many of Its Peers'

The law firm's new partner class is 38% female, an increase over last year's 31%.

By Justin Henry

3 minute read

November 02, 2023 | The American Lawyer

'A Lot of Hand Wringing': Stroock Leaders Act on Backup Plans to Failed Merger Talks

After Stroock's plan A of merging with another firm fell through, their plan B of dissolving the firm and relocating a portion of the firm is playing out.

By Justin Henry

6 minute read

November 01, 2023 | The American Lawyer

Big Firms Less Bullish on Growing Leverage Than a Year Ago, Survey Finds

Pre-pandemic, large firms were reserved in making changes to their equity partner head count. "But one of the interesting trends we saw in 2022 was there was a significant jump in firms growing equity partner head count," one researcher said.

By Justin Henry

6 minute read

October 31, 2023 | The American Lawyer

Firms Confront Tough Questions About Single-Tier Partnerships in Wake of Surging Profits

The decision to add a non-equity tier is often a play to compete for senior associate and counsel-level talent by offering the title of partner without diluting shares of the firm's equity, so firms can continue to pay for top-performing talent.

By Justin Henry

6 minute read

October 27, 2023 | The American Lawyer

Over 30 Stroock Partners to Join Hogan Lovells as NY Firm's Prospects Appear Bleak

The partner moves from Stroock amount to more than half of its partnership, creating an even more bleak future for the New York law firm that was founded nearly 150 years ago.

By Justin Henry | Patrick Smith

5 minute read

October 26, 2023 | The American Lawyer

Pillsbury Ends Merger Talks With Stroock

The firm said it couldn't reach an agreement "that adequately balanced Pillsbury's long-term strategic objectives with the more immediate financial and other risks involved."

By Justin Henry

3 minute read

October 25, 2023 | The American Lawyer

Proskauer Rose, Ex-COO Near Settlement to Trade Secrets Row

In a letter Tuesday, former COO Jonathan O'Brien's lawyer told Judge Analisa Torres that "the parties are optimistic that they will be able to finalize a settlement agreement within approximately 30 days."

By Justin Henry

3 minute read

October 25, 2023 | The American Lawyer

Paul Weiss Could Adopt Nonequity Partner Tier in 2024

The New York firm is also considering altering the portion of equity partner pay that comes from firm profits vis a vis bonuses.

By Justin Henry

4 minute read

October 23, 2023 | The Legal Intelligencer

McNees Wallace to Sell Harrisburg HQ Following Layoffs for Longtime HR Leaders

The firm is looking for nearly $11 million for the building at 100 Pine St., which is occupied by roughly 125 attorneys and staff.

By Justin Henry | Amanda O'Brien

4 minute read