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August 24, 2020 | New York Law Journal

Most of Lowenstein Sandler's Securities Litigation Group Exits to Launch NY Firm

"Our clients are investment managers, hedge funds and credit investors and the way they measure their success is by the returns they generate, and we want to measure our success by the value we create, and therefore, be aligned with our clients," said Lowenstein Sandler partner and current chair of the firm's securities litigation group Larry Rolnick, who is leaving to start a new firm, taking with him virtually the entire group.
5 minute read
August 21, 2020 | New Jersey Law Journal

Lowenstein Sandler's Securities Litigation Chair Departs With 9 to Start New Firm

"Our clients are investment managers, hedge funds and credit investors and the way they measure their success is by the returns they generate, and we want to measure our success by the value we create, and therefore, be aligned with our clients," said Lowenstein Sandler partner and current chair of the firm's securities litigation group Larry Rolnick, who is leaving to start a new firm, taking with him virtually the entire group.
5 minute read
August 20, 2020 | Law.com

Roll It Back

If there's any message to be taken from the steady stream of law firms rolling back compensation cuts, it's that the sky hasn't fallen.
7 minute read
August 20, 2020 | The American Lawyer

More Firms Are Partially Restoring Pay, but Full Salaries May Wait Until 2021

Pillsbury, K&L Gates and Crowell & Moring are the latest firms to walk back some of their pandemic-related pay cuts.
5 minute read
August 19, 2020 | The American Lawyer

Reed Smith Partially Walks Back Pay Cuts for Lawyers, Staff

The complete rollback of pay cuts is not expected this year. "It is anticipated that the compensation reductions as of September 1 will be in place through year-end," according to a Wednesday statement from the firm's leader.
2 minute read
August 19, 2020 | The Legal Intelligencer

Fox Rothschild Rescinds Key Austerity Measures Implemented Due to COVID-19

Fox Rothschild, like many law firms, is reporting less-than-expected financial losses due to the pandemic, and is rolling back reductions, at least partially.
3 minute read
August 18, 2020 | The American Lawyer

Sheppard Mullin, Katten Roll Back Pay Cuts

The two join Cadwalader, Lowenstein and Cozen as firms that have course-corrected after seeing better than anticipated results.
3 minute read
August 14, 2020 | New Jersey Law Journal

Lowenstein Adds Former Cooley, Greenberg Traurig M&A Partner to Tech Group

While laterals for certain practice groups, such as life sciences and bankruptcy and restructuring, have been quite active during the pandemic, M&A attorney pickups have been less common.
4 minute read
July 31, 2020 | The American Lawyer

Pay Cuts, Layoffs, and More: How Law Firms Are Managing the Pandemic

Our firm-by-firm guide to how law firms are protecting their bottom lines from the economic fallout of the coronavirus.
47 minute read
July 30, 2020 | Texas Lawyer

Houston-based Baker Botts and NYC's Cadwalader to Restore Pay After COVID-19 Cuts

Both Am Law 100 firms had cut non-partner lawyer and staff pay as economic uncertainties related to the coronavirus pandemic hit the legal industry.
4 minute read

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