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May 07, 2024 | New York Law Journal

Former Federal Prosecutor Adds Name to New York Litigation and White-Collar Boutique's Shingle

The small firm, co-founded by ousted Hong Kong legislator Dennis Kwok, lacks a business presence in mainland China, providing it with a potential selling point for clients as the superpower becomes an increasingly challenging place for Western countries to do business.
2 minute read
May 03, 2024 | New York Law Journal

Miles Guo Co-Defendant Pleads Guilty to Conspiracy Charges in SDNY

The plea, taken by U.S. District Judge Analisa Torres, came weeks before a fraud trial for Guo, a Chinese businessman.
2 minute read
May 02, 2024 | Texas Lawyer

After 2 Years of Increases, Partner Promotions Slowed at Texas Law Firms for 2024

The 25 firms with the most lawyers in Texas promoted 19.3% fewer lawyers to partner in 2024, compared with 2023.
2 minute read
April 24, 2024 | New York Law Journal

Supreme Court Confirms 'Pure Omissions' Cannot Support Securities Fraud Liability

In a significant decision regarding the scope of the federal securities laws' anti-fraud provisions, the U.S. Supreme Court held that "pure omissions" are inactionable under Section 10(b) of the Securities Exchange Act and its enabling rule, SEC Rule 10b-5.
9 minute read
April 16, 2024 | Texas Lawyer

Susman Godfrey Jumps to Am Law 100 Ranking, Joining 5 Other Homegrown Texas Firms

Four of the six homegrown Texas firms posted higher revenue in 2023, compared with the prior year, moving up in the Am Law 100 rankings.
2 minute read
April 16, 2024 | Texas Lawyer

Meet the Law Firms Behind the Major Gasoline Antitrust Class Action

In effect, the defendants' cartel is a "per se unlawful restraint of trade" under state antitrust and competition laws, the complaint alleges.
4 minute read
April 16, 2024 | National Law Journal

Meet the Law Firms Behind a Major Gasoline Antitrust Class Action

In effect, the defendants' cartel is a "per se unlawful restraint of trade" under state antitrust and competition laws, the complaint alleges.
4 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Average Compensation - All Partners

Average Compensation–All Partners increased by 6.2% in 2023. Seventy-two firms posted increases, compared with 41 the previous year. Twenty firms posted double-digit gains, while five firms posted double-digit losses.
2 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Profits Per Lawyer

Profits per lawyer is an alternative way of looking at firm profitability, intended to reduce the influence of factors such as leverage. The average is about $518,000, and the list-topper is about $3.04 million.
2 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Profits Per Equity Partner

For the Am Law 100 as a whole, average PEP was up by 9.3% in 2023. Thirty-seven firms had growth rates of at least 10%, compared to 14 last year. Twenty firms had declines in 2023.
2 minute read

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