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February 21, 2024 | The American Lawyer

Quinn Emanuel's 38% PEP Growth Came From Heightened Leverage, High-Profile Cases

Roughly 8% of the firm's $2.07 billion in revenue came in the form of contingency fees, according to Michael Carlinsky, one of three co-managing partners at the firm.
5 minute read
February 20, 2024 | The American Lawyer

Impactful Laterals Abounded in 2021 and 2022. Have They Found Success?

Industry experts and recruiters say there are a multitude of data, many individualized, that factor into the "success" of a lateral. And even defining "success" can be tricky, depending on how firms view their attorneys.
7 minute read
February 16, 2024 | New York Law Journal

NY Governor Drops Plan To Remove $100M From Fund for Low-Income Civil Litigants

More than 250 signatories from a cross-section of the legal profession – law firm leaders, managing partners, pro bono professionals, in-house counsel, bar association leaders, small and midsize law firm leaders, solo practitioners, and nonprofit and legal services lawyers – wrote to Hochul in recent days, calling for her to undo the proposed transfer of IOLA funds.
3 minute read
February 16, 2024 | National Law Journal

Top D.C. Firms Earn Seven Figures Representing Foreign Govts., Filings Show

Squire Patton Boggs, Hogan Lovells, Arnold & Porter and Akin are among the firms registering lately as representing foreign principals. The documents highlight what is for some a growing source of business in their public policy practices.
5 minute read
February 15, 2024 | The American Lawyer

Chasing Higher Performance, Top Firms Are Refreshing Comp Systems to Court Laterals

Embracing the nonequity tier, building bigger bonus pools and moving to a "black box" for individual earnings are all on the table.
11 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 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 | National Law Journal

Even With More Competition in DC, These Law Firms Still Have an Edge

D.C. firms say their deep regulatory and litigation background is working to their advantage, contributing to growing profits, particularly in years where transactional work has been softer.
7 minute read
February 07, 2024 | Pro Mid Market

Mid-Market Roundup: Women Lead in Connecticut Legal Scene, Defense Firm Sees High Verdicts as Opportunity

From women leaders claiming dominant roles in Northeast law firms, to one insurance defense firm's business strategy centered around nuclear verdicts and an Am Law Second Hundred firm exceeding top-market bonus pay, midsized firms are making news.
5 minute read

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