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Elite New York Law Firms Outperformed Market, as Firms Invested in Both Equity, Nonequity Tiers
Several New York law firms last year even bested their 2021 performance during the heyday of the deal market.Dean Developments: Former Memphis Mayor Becomes Dean, Columbia Law Receives $5M
The latest in law dean and other legal education news from across the U.S.Deal Watch: Wachtell, Skadden, Cleary Land on Big Healthcare Deals; Dealmakers Stay Optimistic
"People are more open to looking at M&A transactions," said Linklaters' George Casey. With inflation getting under control and the Fed expecting lower rates, "you can start thinking how you can finance."View more book results for the query "Willkie Farr & Gallagher LLP"
Nonequity Partner Growth Kicks Into High Gear
Several Am Law 100 firms grew their income partner ranks by double-digit percentages in 2023. Multiple factors are pushing firms to rapidly expand this tier of partners, observers say.PEP Talk: The Am Law 100's Quiet Boost
If only we could boost the legal industry's mental health as easily as U.S. law firms are boosting profits, the Global Lawyer writes.Deal Watch: Davis Polk, Latham and Simpson Land on Rising Debt Deal Work
The number of announced debt offerings hit an all-time high for the Deal Watch column in the last week, with no fewer than 20.Despite Economic Challenges, California Leads in Law Firm Merger Activity, Office Openings
California had the most law firm mergers and office openings of any U.S. state last year. "It's the revival of the Southern California economy, particularly Los Angeles. And you have life sciences and biotech in San Diego that's been very interesting, and some of that leading out to Orange County," one consultant said.Newsmakers: Foley Promotes 4 To Partner
Also: Promotions and hires at Murchison, Nachawati, Dykema and more.Trending Stories
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