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February 10, 2023 | The American Lawyer

Big Law Layoffs May Continue in Light of 'Uncertainty Lying in Wait'

Shearman and Davis Wright's layoffs are "not going to be the end of the story," said Georgetown's Jim Jones.
5 minute read
February 09, 2023 | New Jersey Law Journal

Lowenstein's Profits Surge 27%, With Litigation and Contingency Work Driving Growth

Contingency fees played a larger role in the firm's revenue in 2022, while the firm slowed its hiring and raised billing rates, according to managing partner Gary Wingens.
4 minute read
February 08, 2023 | The American Lawyer

Shearman & Sterling Lays Off Associates and Staff

The firm said it is laying off 26 business professionals and 12 associates, "focused mainly on transactional practice areas most affected by current and projected market conditions."
3 minute read
February 07, 2023 | New York Law Journal

Dershowitz and Addressing the Supreme Court Leak

Yes, the good professor is correct—great and continuing damage was inflicted on the Court's reputational integrity due to the leak. Surprisingly, though, he's willing to let the camel's nose inside the tent in order to get to the bottom of this particular scandal.
5 minute read
February 03, 2023 | The American Lawyer

Stroock's Merger Talks Face Pension and Accounting System Hurdles

The New York law firm has been in talks with Squire, McGuireWoods and Steptoe. But the firm's pension program and its accrual accounting system could complicate a merger.
6 minute read
January 25, 2023 | New York Law Journal

When a Lawyer Proposes To 'Dull' a Witness's Memory

Instructing or even softly encouraging a witness to testify "I don't remember" when the witness says that she does amounts to subornation of perjury and obstruction of justice, just as surely as telling the witness to simply "lie" if necessary about the incident under inquiry.
7 minute read
January 23, 2023 | New York Law Journal

The NY Senate Should Have Voted on Justice LaSalle

In failing to consider and vote upon the nomination, the full senate has abrogated its duty under the state constitution, which requires advice and consent by "the senate," not one of its committees.
6 minute read
January 19, 2023 | Law.com

The Upheaval in Big Law Will Make History

Now that some practice areas have slowed down, and now that there's more pressure on law firms' bottom line, firms and partners are considering options they have put off for years or hadn't considered at all.
7 minute read
January 18, 2023 | New York Law Journal

Lawyers, Judges Address Bannon, Election Law in Panel on Demands of Unruly Clients

Legal commentator and attorney David Lat said attorney-client privilege and other confidentiality concerns make it difficult to evaluate situations like Bannon's from the outside.
5 minute read
January 18, 2023 | The Legal Intelligencer

Recruiters Say Pa. Firms Likely to Hold Steady as Layoffs Loom Elsewhere

"At the moment, we don't see evidence of large-scale layoffs, but of course, that could change. Most of our firms don't pay on the Cravath scale, so we tend to weather extremes a little better," said recruiter Maura McAnney of McAnney Esposito, who focuses on the Pittsburgh market.
4 minute read

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