April 06, 2023 | The American Lawyer
Big Law Layoffs Are Resulting in Problematic Severance Agreements for Job-Hunting LawyersAssociates have been caught between their former firm's demand for staying quiet about being let go and their prospective future firm's demand for transparency.
By Justin Henry
6 minute read
April 03, 2023 | The American Lawyer
Kirkland's Latest Cuts Targeted Even Busy Associates"These were not layoffs," a spokesperson for Kirkland said of the cuts, which impacted attorneys in California, Salt Lake City, Chicago and Texas. "These were performance-based decisions resulting directly from our attorney review process, just like we do every year for all attorneys at all levels."
By Justin Henry
5 minute read
April 03, 2023 | The American Lawyer
Morgan Lewis Takes Entire Shearman Office in Munich, Including Personnel and Real EstateThe firm has onboarded 19 lawyers and 16 staffers, and it's also assumed a lease that's close to the U.S. Consulate.
By Justin Henry
5 minute read
April 03, 2023 | The American Lawyer
Allen & Overy's Next US Leaders Seek Broader Profile in Corporate AmericaThe firm's global head of litigation and a partner in the global projects, energy, natural resources and infrastructure practice will take over as U.S. co-chairs in May.
By Justin Henry
5 minute read
March 28, 2023 | The Legal Intelligencer
Sacks Weston Sued by Lit Funder for Breach of Loan AgreementTexas-based Virage Capital Management claims the beleaguered Philadelphia firm owes over $13 million after defaulting on a 2017 loan.
By Justin Henry
4 minute read
March 28, 2023 | The American Lawyer
Key Partner Departures, Return of Travel Costs Gave Ice Miller Level Revenue and 14% Profit Drop"I'm happy that we were flat [in revenue] given the unbelievable transactions in 2021," said chief managing partner Mike Millikan.
By Justin Henry
3 minute read
March 28, 2023 | The American Lawyer
Am Law 200 Firm Leaders Aren't Sweating Double-Digit Profit Drops. Here's WhyFor some, the dip was a necessary consequence of spending more on travel for much-delayed in-person meetings. For others, 2022 was the right time to invest in growth aimed at generating long-term rewards.
By Justin Henry
7 minute read
March 28, 2023 | Pro Mid Market
Big Law Does Mid-Market Firms 'Huge Favor' By Stepping Away From Routine Legal Work"At some point, [Big Law] decided they didn't want to do the day-to-day work of corporations, just bet-the-company type stuff," Wendy Bernero, chief growth officer of software provider Page Vault, said at a LegalWeek panel on the state of mid-market firms. "The gift they gave to middle-market firms was the day-to-day work."
By Justin Henry
5 minute read
March 24, 2023 | The American Lawyer
'Frustrated' by 'Generalist' Arbitrators, This Am Law 200 Firm Is Starting Its Own ADR PracticeAtlanta-based Morris, Manning & Martin aims to fill a gap in arbitration and mediation services by offering technical expertise. The new leader of the American Arbitration Association says lawyers are divided in their preference for "generalists" vs. "specialists" as neutrals.
By Justin Henry
7 minute read
March 23, 2023 | New Jersey Law Journal
Greenberg Traurig Gains Gibbons White-Collar LeaderKevin Walsh, a former federal prosecutor and special counsel at Seton Hall University, wants to extend his practice beyond New Jersey.
By Justin Henry
5 minute read
Trending Stories