By Patrick Smith | August 10, 2020
With more work going to partners, clients' bills are on the rise.
By Christine Simmons | August 10, 2020
Firms such as Milbank, Weil Gotshal and Paul Weiss are, so far, doing better than last year, while lateral departures from other firms in recent weeks indicate partners are leaving firms viewed as unprepared to capitalize on the current market.
By Simon Lock | August 7, 2020
The majority of affected roles are within the firm's business support and group services.
By Ben Seal | July 31, 2020
"Realistically, this period of uncertainty is going to stretch into next spring or next summer, and the problem law firms will have is it doesn't appear that another round of PPP-style loans is going to be available for them," Vito Gagliardi Jr., managing partner of Morristown, New Jersey-based Porzio Bromberg & Newman, said.
By Simon Lock | July 24, 2020
The firm has now brought the majority of staff back onto full time hours.
By Patrick Smith | July 24, 2020
The changes come as the firm has offered voluntary retirement packages and parted ways with several staff directors.
By Samantha Stokes | July 22, 2020
Lowenstein, Cozen O'Conner and some others have reversed at least some of their compensation cuts, with some citing stronger-than-expected demand.
The American Lawyer | Analysis
By Dylan Jackson | David Thomas | July 20, 2020
The firm's managing partners say that the "vast majority" of the firm's 80 partner and of counsel departures since January last year have been planned, a line that several former attorneys dispute.
By Dylan Jackson | July 20, 2020
The firm's managing partners say that the "vast majority" of the firm's 80 partner and of counsel departures since January last year have been planned, a line that several former attorneys dispute.
By Samantha Stokes | July 10, 2020
The Detroit-headquartered firm cited the economic slowdown, particularly in the auto industry, behind its personnel cuts.
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