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Billables and Bad Partners: Why Associates Are Still Not Happy
News

Cooley Swoops for Gowling WLG's Life Sciences Head in London

The latest hire comes after the firm lost its London managing partner earlier this year.
2 minute read
Analysis

At Least a $5M Book of Business: Partner Expectations Tighten

More top law firms have initiated earnings expectations for their equity partners, such as at least $5 million to $7 million in business each year.
5 minute read
News

A Legion of Law Firms Advise on Sanofi's Potential Sale of Consumer Health Care Unit to US Private Equity Fund

The potential deal, valued at €16 billion, has met with controversy as critics raise concerns about a foreign buyer's impact on medication availability in France. The French government has stepped in to allay fears, agreeing to take a minority stake. 
4 minute read
Features

UK Black History Month: Four A&O Shearman Staffers Honour Their Unsung Heroes

This year's theme, 'reclaiming narratives', seeks to recognize and correct historical inaccuracies in the representation of Black history and culture. Here, lawyers talk about the people who helped shape their lives.
6 minute read
News

Ashurst and Linklaters Called in to Advise on Boohoo Refinancing

The company has seen shares slide amidst reputational allegations and tough market conditions.
2 minute read
News

Latham, Ropes Advise on $14.5 Billion School Company Share Deal

Latham & Watkins, Debevoise & Plimpton, and Ropes & Gray all advised on the transaction.
2 minute read
News

Kirkland Beijing Partner Defects to China's Han Kun in New York

The departure will leave Kirkland with five lawyers including one partner remaining in Beijing.
2 minute read
News

Luminance Launches 'Agent Lumi', Expanding on Its Gen AI Chatbot Ask Lumi

The new agentic AI offering looks to help users handle a number of time-intensive repetitive tasks through automating digital actions.
5 minute read
Commentary

Skadden's Big China Cuts and What They Mean for the Market

Skadden has joined a long list of law firms that have made cuts in China. But with so many lawyers already on the market, where will they all find new homes?
5 minute read
News

London Trial Against BHP for Role in Brazil Mining Disaster Begins

The long-awaited trial, fueled by litigation funding, kicked off with accusations that global mining giant BHP knew that an excessive amount of toxic sludge was being held in a dam that burst in 2015, killing 19 and contaminating communities in southeastern Brazil. Plaintiffs are asking for £36B (US$46.7 billion) in damages.
3 minute read
News

'The Progression Is Not Natural': As IPOs Surge in India, Law Firms Try to Keep Up

For domestic and international law firms doing capital markets work in India, the IPO boom presents opportunities but also challenges.
5 minute read
News

Clifford Chance Steps Up US Expansion with O'Melveny Duo

The latest additions come as U.K.-founded firms continue in their efforts to break the U.S. market.
2 minute read
News

Kirkland & Ellis Replenishes Ranks with First London Structured Finance Hire

The London hire hails from legal GenAI pioneer Harvey, while the firm has also hired from Milbank in New York.
2 minute read
News

UK's Top Partners Billing $1,300+ Per Hour Driven by US Rivals

"We know law firms have been using rates to increase that top line for a number of years and I suppose the question that arises is: 'How much longer is that possible?'"—PwC.
2 minute read
News

Pinsent Masons Replaces DLA Piper as Heineken UK's Main Legal Adviser

The beverage giant has found its new 'principal' legal adviser in the UK, after working with DLA Piper for almost a decade.
2 minute read

KWM Files Million Dollar Claim Against Former Global CEO in Hong Kong 

The sum of the claim against Rupert Li comprises three loans worth HK$1 million, HK$2 million and HK$5 million, all granted in 2019. 
2 minute read
Features

Status Driven With Unpredictable Fees: What Private Equity Clients Really Think About Their Lawyers

A lack of certainty on pricing for doing "not very difficult" work is one of the most common complaints from leaders at private equity firms, who opened up to Law.com International about experiences with their legal advisers.
7 minute read

HFW Adds Clifford Chance Construction Partner in Australia

Sean Marriott was an engineer before he was a lawyer
2 minute read

It's Time Law Firms Were Upfront About Who Their Salaried Partners Are

Clients are paying more attention to who is doing the work they're getting billed for; yet the salaried partner tier endures, writes The Global Lawyer.
4 minute read
News

UK Law Firms Face £75M Money Laundering Investigations Alongside Russia Scrutiny

Big Law is also in the spotlight, including the London offices of Simpson Thacher & Bartlett and Armstrong Teasdale.
3 minute read
News

DWF Group's Canadian Firm Set to Add Fourth Office With 16-Lawyer Montreal Team

Montreal would become Whitelaw Twining's fourth office in Canada, alongside Vancouver, Calgary and Toronto.
2 minute read
News

Latest Exits for Latham as Partner Duo Joins Sidley in London

The latest move comes just two weeks after a five-partner Latham team officially landed at the firm.
2 minute read
News

Paul Weiss Hits Kirkland Funds Practice For Fifth Time This Year

The London partner is joining just one week after her fellow financial regulatory partner in the funds group swapped out Kirkland for Paul Weiss.
2 minute read
News

Bird & Bird Takes Partners From Ashurst and Squire Patton Boggs in Australia

The hires come as the firm has been growing to better service its clients in Australia, the Asia Pacific and the Middle East.
2 minute read
Q&A

'Always Find Ways to Improve': Stikeman Elliott's New Chair on AI, International Growth, Talent, Compensation and Other Legal Industry Challenges

Montreal partner Peter Castiel took on the role of chair at the elite Canadian firm this month.
5 minute read
Q&A

From Olympic Aspirations to Legal Innovation: Tom Dunlop's Journey to Founding Summize

Although Tom Dunlop is now deeply immersed in the legal profession, his first passion was sports. A former pro-badminton player, Dunlop was once on a path to the Olympics before pivoting to pursue law. In a candid interview with Corporate Counsel, Dunlop reflects on his journey, the founding of Summize, and how his entrepreneurial drive continues to shape his career.
8 minute read
News

White & Case Cuts Partner Promotions for Fourth Year in a Row

The EMEA region dominated the new crop, which will be added to the firm's 800-strong partnership.
4 minute read
News

A&O Shearman Adopts 3-Level Lockstep Pay Model Amid Shift to All-Equity Partnership

The changes follow the news that the firm is to trim its partner numbers and withdraw from certain areas, as elite law firms seek ways to better reward top performers.
3 minute read
Features

Aggressive, Assertive: Is There a Private Equity Lawyer Stereotype, and is it Deterring Talented Juniors?

The stereotype of the arrogant, flashy, gregarious PE lawyer gives a limited view of the industry, sources say, as clients nowadays are less focused on personality and more on quality.
5 minute read
News

Davis Polk Relocates to Bigger London HQ

The firm has signed for over half of livery group the Mercers' office space at Whittington Building in the Square Mile.
2 minute read
News

Am Law 50, UK Top Firms See Lateral Hiring Jump in Finance, Corporate

"This year, we're doing very well and we're comparing that to 2021, which was just an insanely busy year," said Macrae partner Jon Truster.
3 minute read

UK Supreme Court Upholds €1.3B Judgment Against Argentina

The judgment secured by Quinn Emanuel Urquhart & Sullivan orders Argentina to pay investors slighted by a change in methodology for calculating the South American country's gross domestic product.
3 minute read
News

Slaughters, Browne Jacobson Lead UK Social Mobility Rankings

Law firms still dominate the Social Mobility Index; but the number of firms making the cut has dropped from 41 to 30.
2 minute read
Features

100 Days of Starmer: Partners React as Private Equity and Workplace Changes Loom

Partners at Gibson Dunn, Ashurst, McDermott, Stephenson Harwood, Katten and Osborne Clarke explain the consequences for clients of potentially game-changing new legislation.
6 minute read
News

Private Equity the Name of the Game for O'Melveny's Singapore Rebuild

The hire of partners Stephanie Keen and Sylvia Taslim is part of the firm's strategic focus on growing its private equity offering globally.
4 minute read
News

Freshfields Lures Willkie Partner to Lead NY Private Equity Practice

In her new leadership role, Claire James said she wants to continue to "build out, train and retain a team" in the firm's New York office.
3 minute read
Q&A

'Lawyers Are Pigeonholed, Wrongly So': Prosus GC Says It's High Time for In-House Lawyers' Business Savvy to Be Seen, and Valued

Paul Peake also discusses some of his pet peeves about working with outside counsel. No. 1 on his list: "Law firm coffee is terrible."
7 minute read
News

Quinn Emanuel Must Reveal Source of 'Forged' Document After Deripaska Wins Case

The matter concerns a long-running dispute between two rival oligarchs.
3 minute read
News

A&O Shearman Duo Walks to Bird & Bird in Milan

It comes at a tricky time for A&O Shearman which is undergoing significant changes after its merger.
2 minute read
News

DISCO Launches Gen AI Platform in EU, UK

The e-discovery provider is launching Cecilia Q&A, Cecilia doc summaries, and a single-document version of Cecilia Q&A in the EU and U.K., with additional gen AI capabilities set to come to the region next year.
2 minute read
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Who Got The Work

Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.

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Who Got The Work

Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.

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Who Got The Work

Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.

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Who Got The Work

David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.

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Who Got The Work

Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.

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