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'A Pro Bono Boom': As Pandemic Worsens, Doctors, Inmates & Immigrants Get Big Law Help
Counsel at firms with top-ranked pro bono programs say they're seeing an increase in both the demand for pro bono work during the COVID-19 pandemic, and in attorneys at their firms wanting to offer free legal services.M&A Activity Fell Off in 2020's First Quarter—Even at Kirkland
Total deal value dropped 28% year over year globally, and M&A stalwart Kirkland & Ellis was hit especially hard, with a 74% decline from the first quarter of 2019.Cooley Brings On Wachtell M&A Associate as Partner
Cooley's latest hire, who says he was attracted to his new firm's "down-to-earth" culture, says some deals are getting through while other companies should shore up their governance and focus on activism preparedness.Director Oversight in the Context of COVID-19
In their Corporate Governance column, David A. Katz and Laura A. McIntosh discuss a number of considerations that need to be addressed by directors and senior management teams working together as they fulfill their oversight responsibilities during the COVID-19 pandemic.Deal Watch: COVID-19 Weighs on Deals, But a Few Big Ones Push Through
Energy drinks, health care management, and the technology sector saw deals moving forward, while other acquisitions and IPOs have been put on hold.Kirkland's Reign Continues as Firm Hits $4 Billion in Revenue
The average profits generated by each of Kirkland's equity partners grew again.Deal Watch: Firms Face Shifting Winds as Virus Strikes, US Race Is Reshaped
On top of preexisting recession fears, disruptive trade wars and the usual political uncertainties, deal makers are now also facing the coronavirus.Plaintiff alleged sufficient facts that one of the defendants was a controlling shareholder. The court dismissed several individual defendants based on an exculpation clause, but it declined to dismiss claims as to other individual defendants.
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