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November 16, 2023 | Law.com

The Law Firm Disrupted: Waiting on Cravath

Whether or not the New York firm opts to match associate raises announced by Milbank earlier this month will have an outsized impact on the behavior of the rest of the market.
4 minute read
November 16, 2023 | The American Lawyer

Cravath Names Four to Partnership, Fewer Than Past Several Years

Cravath's new partner class includes one woman.
3 minute read
November 16, 2023 | The American Lawyer

The American Lawyer Names Attorney of the Year, Law Firm of the Year and More

The American Lawyer Industry Awards honored the industry's best and brightest across several categories that recognize both historical excellence and the evolution of the business of law.
6 minute read
November 16, 2023 | Law.com

Law Firm Closures and Associate Raises Underscore Legal Market Dichotomy

In the 2023 economy, there appears to be no clear direction for the bulk of law firms, unlike 2021 and 2022. Law firms are pursuing a variety of trajectories, in a tale of two markets.
6 minute read
November 15, 2023 | The American Lawyer

Where Are the Milbank Pay Matches? Mixed Market Signals Weigh on Law Firms

"It's a bit telling of how the overall market is kind of feeling at the moment. There's going to be a lot of variability in how firms perform this year," noted New York legal recruiter Scott Yaccarino.
6 minute read
November 08, 2023 | The American Lawyer

Top Performers 'Likely' to Raise Associate Pay After Milbank's Move, but Broad Hesitancy Lingers

The market hesitation was underscored by the lack of immediate, similar moves. Some firms were still waiting on other market leaders to move, sources said.
6 minute read
November 07, 2023 | The American Lawyer

Cravath Adds Non-Equity Tier as Big Law Makes Structural Changes for Competitive Pay

Cravath has been approaching counsel-level attorneys about joining its non-equity tier since at least last summer, according to one Am Law 50 firm leader.
4 minute read
November 07, 2023 | Litigation Daily

Some Thoughts on This Year's TAL Litigation Department of the Year Finalists

Covington, Cravath, Kirkland, Latham, Orrick, Quinn Emanuel, and Williams & Connolly are the finalists for The American Lawyer's Litigation Department of the Year. What were the common threads that set them apart from the competition?
7 minute read
November 06, 2023 | New York Law Journal

Former EDNY Organized Crime Section Chief Joins Trial Boutique for White Collar, Cross Border Matters

Jennifer (Sasso) Schubert "knows how to build a winning case," said MoloLamken cofounder Steven Molo.
3 minute read
November 06, 2023 | The American Lawyer

Momentum in Big Law: Who Has It, Why and What They Do to Keep It

Leaders of Paul Weiss, Davis Polk and Paul Hastings weigh in on how they keep their firms going in the right direction. There are common threads.
8 minute read

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