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February 14, 2024 | The American Lawyer

Latest Big Law Layoffs Illustrate Inconsistency in Market as Some 'Still Haven't Seen That Bounce Back'

"Our talent levels became misaligned with our existing and projected client demand, particularly in our large transactional practices. I take responsibility for this and am truly sorry that those decisions have led to a significant impact on our people today," said Fenwick & West's chair.
4 minute read
February 14, 2024 | The Recorder

Latest Big Law Layoffs Illustrate Inconsistency in Market as Some 'Still Haven't Seen That Bounce Back'

"Our talent levels became misaligned with our existing and projected client demand, particularly in our large transactional practices. I take responsibility for this and am truly sorry that those decisions have led to a significant impact on our people today," said Fenwick & West's chair.
4 minute read
February 13, 2024 | New York Law Journal

DC Firms Strive to Keep Up With New York on Associate Pay

"Many do compete with the New York firms," said Wells Fargo's Owen Burman about D.C. firms. "But it's not universal."
5 minute read
February 13, 2024 | The American Lawyer

Impressive Gains at Quinn Emanuel, Hogan Lovells, Milbank Suggest a Healthy 2023 for Am Law 100

"It's interesting to me that those in the top 50 did even better than those in the next 50," said Marci Taylor, a law firm strategy consultant and founder of Mantra Partner, in regard to early reports.
6 minute read
February 13, 2024 | The American Lawyer

Hogan Lovells Rebounds in 2023 With Most Profitable Year in History

The global firm brought in $2.68 billion in revenue, which translated into $2.74 million in profits per equity partner.
6 minute read
February 12, 2024 | The American Lawyer

Deal Watch: Wachtell, Paul Weiss and V&E Lead $26B Oil Merger as Deal Activity Soars

Energy and life sciences continue to lead the way in deal activity, but tech and other recently nascent sectors are showing signs of life.
12 minute read
February 12, 2024 | National Law Journal

As Associate Pay Raises Divide the Market, Several Law Firms Match, Others Hold Off

"Many do compete with the New York firms," said Wells Fargo's Owen Burman about D.C. firms. "But it's not universal."
5 minute read
February 12, 2024 | The American Lawyer

Hogan Lovells Hires 23 M&A Lawyers From Orrick in Italy

Orrick said the departures are part of the firm's strategy to provide sector-specific advice, and include another exit to BonelliErede.
4 minute read
February 08, 2024 | The Legal Intelligencer

People in the News—Feb. 8, 2024—Tucker Arensberg, Blank Rome

Tucker Arensberg announced the hiring of Shariane Taylor as a shareholder attorney in the business and finance department.
2 minute read
February 06, 2024 | The American Lawyer

McDermott Lands Sports and Entertainment Partner From Venable for Transactions Group

Alexei Cowett had been at Venable since 2015 and has advised on more than $60 billion in closed transactions across various media, McDermott said.
3 minute read

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