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April 05, 2022 | New York Law Journal

The 'COVID Defenses': An Appellate Update

In their June, 2021 Landlord-Tenant column, Warren Estis and Alexander Lycoyannis predicted that as "New York proceeds slowly but surely toward a semblance of pre-pandemic normalcy…the era of COVID-related defenses to commercial rent nonpayment may soon become a thing of the past." In this column, they discuss two recent rulings from the Appellate Division, First Department which bear directly on the issue.
6 minute read
March 30, 2022 | The American Lawyer

Records Set, Milestones Reached as Elite New York Firms Rode Deals and Demand to Stellar 2021

While some firms performed better than others, all of the 19 homegrown New York firms were in the black and every one showed double-digit PEP growth.
5 minute read
March 29, 2022 | New York Law Journal

Amendments to CPLR Impose New Insurance Disclosure Requirements on Defendants

In their Corporate Insurance Law column, Howard Epstein and Theodore Keyes discuss the new disclosure obligations imposed by the Comprehensive Insurance Disclosure Act, the modifications to the original version of the Act, which scaled back some requirements, as well as some issues and concerns posed by the new disclosure obligations.
8 minute read
March 25, 2022 | The American Lawyer

Milbank Posts Double-Digit Revenue, Profit Hikes for 2nd Straight Year

Revenue hit $1.36 billion, up 10% from the previous year, while profits per equity partner climbed to just over $5 million, a 12% increase.
5 minute read
March 14, 2022 | The Legal Intelligencer

New Partners 2022

The Legal Intelligencer congratulates the new class of partners for 2022.
42 minute read
February 28, 2022 | The American Lawyer

Fried Frank Takes 20-Lawyer Financial Services Team From Cadwalader in NY, DC

Firm chair David Greenwald said the group is bringing along a client list of big sell-side financial institutions.
3 minute read
February 25, 2022 | New York Law Journal

Schulte Roth Can Proceed With Suit Seeking Tens of Millions in Rent Abatement After COVID-19 'Forced' Employees From Offices

Back in October 2020, when Schulte filed its rent-abatement suit, the complaint asked for at least $10 million in damages. But the complaint also made clear in its breach-of-contract cause of action that its rent-focused damages were "continuing." It now appears mounting damages being claimed could top $20 million.
6 minute read
February 25, 2022 | Texas Lawyer

Vinson & Elkins Among Big Law Firms to Match Davis Polk Associate Salary Scale

Am Law 100 firm Vinson & Elkins is the first large homegrown Texas firm to move to the higher associate salary scale set this week by Davis Polk & Wardwell.
3 minute read
February 25, 2022 | The American Lawyer

The List of Am Law 100 Firms Matching Davis Polk's Associate Scale Is Growing

A new wave of firms announced they will match the market rate, including Vinson & Elkins, Sidley Austin and Fried, Frank, Harris, Shriver & Jacobson.
3 minute read
February 11, 2022 | The American Lawyer

More Big Law Partners Are Heading to Virtual Law Firms

Revenue at Potomac Law Group grew 42% in 2021, said the firm's leader, while FisherBroyles has reported a 30% jump.
3 minute read

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