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May 22, 2020 | The American Lawyer

Associate Hourly Billing Rates Surge Past $1K as Firms Snap Up Bankruptcy Work

Rates for top associates at firms such as Weil, Gotshal & Manges and Kirkland & Ellis are rising just as a new wave of Chapter 11s gathers steam. A filing shows J.Crew paid its lawyers at Weil close to $12 million in the 90 days before the company filed for bankruptcy this month.
4 minute read
May 20, 2020 | The American Lawyer

Summer Associate Programs and COVID-19: How Law Firms Are Responding

A firm-by-firm guide to how Big Law is shifting its summer plans in light of the coronavirus pandemic.
15 minute read
May 15, 2020 | Litigation Daily

'Unimpeachable Character': John Gleeson, Ex-Federal Judge and Prosecutor, Returns to Court to Take on Bill Barr

In the Michael Flynn case, the appointment of Debevoise's John Gleeson, a former federal trial judge and prosecutor, was deemed an extraordinary move matching the "exceptional motion the government made to dismiss" Flynn's case, one white-collar lawyer said. "We're kind of in uncharted waters here."
9 minute read
May 15, 2020 | National Law Journal

'Unimpeachable Character': John Gleeson, Former Judge and Prosecutor, Returns to Court to Take on Bill Barr

In the Michael Flynn case, the appointment of Debevoise's John Gleeson, a former federal trial judge and prosecutor, was deemed an extraordinary move matching the "exceptional motion the government made to dismiss" Flynn's case, one white-collar lawyer said. "We're kind of in uncharted waters here."
9 minute read
May 12, 2020 | New York Law Journal

Simpson Adds Another M&A Partner, This Time From Client Goldman Sachs

An M&A slowdown during the pandemic hasn't stalled demand for well-connected dealmakers, especially for law firms serving the private equity industry.
3 minute read
May 07, 2020 | The American Lawyer

Kirkland, Wachtell, Paul Weiss Land Roles in Neiman Marcus Bankruptcy

The department store is the second large retailer to file for Chapter 11 protection this week, as the coronavirus pandemic deals a fatal blow to already struggling companies.
3 minute read
May 07, 2020 | Texas Lawyer

Dallas Headquartered Neiman-Marcus Files for Bankruptcy

The department store is the second large retailer to file for Chapter 11 protection this week, as the coronavirus pandemic deals a fatal blow to already struggling companies.
3 minute read
May 05, 2020 | The American Lawyer

In Rare Lateral Exit, Wachtell Partner Ed Lee Jumps to Kirkland

Kirkland's hiring of rising M&A star Edward Lee escalates a talent war with New York lockstep firms like Wachtell.
3 minute read
May 04, 2020 | Private Client Global Elite

'A Changing of the Guard': Macfarlanes Grapples With Succession Issues

As a new senior partner finally takes over the running of the firm, former partners and rivals say its next generation is lacking.
7 minute read
May 01, 2020 | The American Lawyer

Growth Slowed for New York's Elite Law Firms Even Before the Pandemic Hit

Some also took a hard look at their compensation models as revenue and profit growth cooled last year.
21 minute read

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