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February 02, 2024 | The American Lawyer

Cravath Enters Modern Era of Big Law Amid Regular Rate of Partner Exits

"The tweaking of their model may have stopped some people from leaving, but they don't seem to be leveraging the other aspect of breaking lockstep to expand and grow," noted one observer.
8 minute read
February 01, 2024 | New York Law Journal

'You Need Specific Examples': What Employers Can Learn from Davis Polk Retaliation Verdict

More than a dozen current and former Davis Polk partners testified in the course of the trial, along with several current and former professional development staff members. That level of detail gave weight to the defense.
3 minute read
January 30, 2024 | The American Lawyer

Deal Watch: Debt Offerings Surge as Markets Begin to Turn

"It is booming right now," said Wachtell partner John Sobolewski of the liability management market.
8 minute read
January 29, 2024 | New York Law Journal

Jury Finds Davis Polk Not Liable for Retaliation Against Ex-Associate

The ex-managing partner and former M&A practice head were also found not liable by the jury.
3 minute read
January 29, 2024 | The American Lawyer

Kirkland Lures Antitrust Partners From Cravath, King & Spalding

It's the third Cravath partner exit this month, as the firm's top competitors continue recruiting from the firm.
3 minute read
January 29, 2024 | Law.com

Post-Pandemic Rise in High-Dollar Verdicts Shows Signs of Sticking: The Morning Minute

The news and analysis you need to start your day.
4 minute read
January 29, 2024 | Pro Mid Market

How Midsize Firms Can Compete In Wake Of High Payouts For Associates

In response to recent raises to associate base salaries, midsize firms that can't match will reinforce the message that their associates have an accessible and meaningful career path, write Pro Mid Market columnists at recruiting firm The Foster group.
7 minute read
January 29, 2024 | Law.com

Real Estate Strategy in the New York Legal Market: Firms Hungry For More Of The Big Apple

An analysis of law firm office leasing transactions in New York shows the city's biggest firms are increasing both the size and quality of their real estate, and looking towards newer markets
8 minute read
January 26, 2024 | The Legal Intelligencer

Cozen O'Connor Announces First-Year Salary Increases in Phila., New York and Washington

First-year associates in Philadelphia will earn $195,000 while those in New York and Washington, D.C., will get bumped up to $205,000.
2 minute read
January 26, 2024 | New York Law Journal

Jeh Johnson Urges Jury to Reject 'Conspiracy Theory' in Davis Polk Retaliation Case

Plaintiff Kaloma Cardwell's attorney, David Jeffries, argued that his client was fired in a retaliatory fashion by partners aiming to shield the firm's reputation.
3 minute read

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