North America
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Clyde & Co. to Open in Warsaw With Large Partner-Led Team Hire From Dentons
By Anne Bagamery | December 11, 2023
The new office will open in the new year with a team of around 23 professionals, including three partners originally from Dentons Warsaw, Clyde & Co. said.
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Simpson Thacher to Require Four Days in US Offices in 2024
By Patrick Smith | December 11, 2023
In-office mandate adherence will be a factor in overall pay for Simpson personnel, with the firm saying noncompliance could affect compensation, sources said.
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White & Case Obtains Foreign Law Licence to Cement Saudi Presence
By Peter Shaw-Smith | December 11, 2023
It becomes the first law firm with a significant standing to relocate its regional HQ to the Kingdom from a wider base elsewhere in the GCC.
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Major Law Firms Secure Roles as Selfridges and Chrysler Building Co-Owner Files for Bankruptcy
By Kasvi Sehgal | December 11, 2023
Austria-based Signa racked up debts numbering in the billions, it has been widely reported.
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International Edition | Analysis
To Secure A&O Merger, Some Shearman Partners Agreed to 50% Pension Cut
By Christine Simmons | Anne Bagamery | December 11, 2023
"It was clear that if we didn't approve the pension, the [Allen & Overy] deal wasn't going to go through," a retired Shearman partner said.
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International Edition | Commentary
From A&O Shearman to India: What We'll Still Be Talking About in Five Years' Time
By Paul Hodkinson | December 10, 2023
The last 12 months have given the industry law firm collapses, splits, ransomware attacks and scandals, but the year will be remembered for other things, writes the Global Lawyer.
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Boies Schiller Flexner Names Matthew Schwartz as Chair-Elect
By Dan Packel | December 8, 2023
Schwartz, who has served as co-managing partner of the firm for three years, will replace David Boies starting in 2025.
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Layoffs at K&L Gates Hit Associates in 3 US Offices
By Justin Henry | December 8, 2023
Every year, K&L Gates manages headcount based on "personnel performance, client demand and related reviews," which typically result in "personnel decisions," the firm's representative said in a statement. Leaders declined to comment directly on the cuts.
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International Edition | Commentary
What Taylor Swift and Wim Dejonghe Have in Common
By Krishnan Nair | December 8, 2023
How we treat our cultural and business leaders tells us much about where society is heading, writes the London Lawyer.
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'Staggering' Jump in Law Firms Planning to Expand Nonequity Partner Ranks
By Andrew Maloney | December 8, 2023
The average annual growth in income partner classes at some of the most profitable firms between 2017 and 2022 was 13.4%, while at other large, two-tier partner firms, it was 4%, according to a report this week.
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