July 18, 2023 | The American Lawyer
Stroock's Losses To Steptoe Amount To More Than 20 Lawyers And StaffSources also say Steptoe is in talks to take over Stroock's Los Angeles office lease, in a scenario in which Stroock would shed its sole West Coast outpost.
By Justin Henry | Patrick Smith
3 minute read
July 11, 2023 | Pro Mid Market
Many Midsize Firms Shy Away From Mandating Office Attendance. Others View It As A Recruiting Filter.Without the hiring clout of higher-profile and higher-paying Big Law firms, law firms outside the Am Law 200 worry requiring regular office attendance after a protracted period of remote work will disadvantage them in the hiring and retention of legal talent.
By Justin Henry
5 minute read
July 07, 2023 | The American Lawyer
Stroock and Nixon Peabody Call Off Merger; Stroock Pursuing Other Combo CandidatesLeaders at Stroock had been hoping to hammer out a deal by the end of June, people familiar with the talks said.
By Justin Henry
5 minute read
July 05, 2023 | The American Lawyer
Proskauer Rose Hedge Fund Duo Moves to DechertRobert Leonard and Michael Mavrides specialize in advising asset managers in the sourcing and use of "alternative" data.
By Justin Henry
4 minute read
July 05, 2023 | The American Lawyer
If Kirkland & Ellis Can't Avoid Cyberattacks, Who Can?Kirkland and Am Law 50 peers K&L Gates and Proskauer Rose are among the latest victims of a sweeping cyber breach. "It proves that nobody is immune," said Zach Olsen, president of communications firm Infinite Global.
By Justin Henry
5 minute read
June 30, 2023 | The American Lawyer
Kirkland & Ellis, K&L Gates, Proskauer Rose Affected in Wide-Ranging Data HackThe firms join a growing list of global institutions, including banks, universities and corporations, whose data was reportedly accessed by a hacking group known as CL0P.
By Justin Henry
4 minute read
June 29, 2023 | The American Lawyer
Where Are the Eligible Acquisition Targets? Acquiring Smaller FirmsAm Law 100 firms may wish to grow by finding midsize merger partners. But those targets would rather grow on their own terms.
By Justin Henry
6 minute read
June 27, 2023 | The American Lawyer
Clients Ditch Lewis Brisbois Before and After Offensive Email DumpLos Angeles County said it would cease sending work to the firm after years of outsourcing cases to it. Other clients have quietly been moving work to the firm now known as Daugherty Lordan even before Lewis Brisbois released derogatory emails previously sent by the new firm's founders.
By Justin Henry
5 minute read
June 23, 2023 | Pro Mid Market
Work-Life Balance Vs. Competitive Pay: Which Matters More to Young Lawyers?For firms seeking to recruit top talent, the preference to work remotely among a large segment of young lawyers is a new reality of work. "Firms that want to attract and retain top talent should be ready to address the issue and, when not offering hybrid work, have a meaningful alternative," write columnists Drew and Michelle Foster.
By Drew Foster and Michelle Foster
5 minute read
June 22, 2023 | The American Lawyer
Lowenstein's Crypto Vice Chair Moves to SterlingtonEric Swartz, Lowenstein's former crypto vice chair, said he was recruited by Sterlington "to accelerate the growth that we're already seeing and bring in the work to attract talent on the legal side."
By Justin Henry
4 minute read
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