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January 22, 2021 | The American Lawyer

Hire Up: Leaders of Hot Big Law Practices Are Making Moves

Law firms are bulking up in life sciences, fintech, white-collar and regulatory practices.
5 minute read
January 22, 2021 | The American Lawyer

McDermott Posts Huge Gains in 2020, Even Though It 'Never Felt Safe'

In a challenging 2020, the firm saw profits per equity partner jump by 25.6%, as leadership managed conservatively and capitalized on a big health care practice.
6 minute read
January 22, 2021 | The American Lawyer

Finding a Cultural Fit When Lateral Hiring Goes Virtual

"For the firm that's doing the recruiting, they've been layering in more rounds than normal just so they feel a little more comfort in this virtual world, and it's the same way for candidates," recruiter Frank D'Amore said.
6 minute read
January 21, 2021 | Corporate Counsel

SolarWinds Hack Won't Hurt In-House's Prospects With Regulators—but Won't Help Either

Headline catching hacks could force businesses still lagging behind in their cyber protection to step up or face regulatory action. But for some legal departments, it may only further underscore the impossible task of keeping up with an ever-evolving threat.
3 minute read
January 19, 2021 | New York Law Journal

When the Gloves Come Off: Litigation Issues for Lenders

During periods of distress in the real estate industry, when loans are being placed in default at a higher frequency, if a lender is not going to enter into a consensual workout or loan restructuring with their defaulted borrower, the lender will have the choice of either enforcing rights under the loan, or selling it. In their Real Estate Financing column, Jeffrey Steiner and David Broderick discuss two recent cases demonstrating the challenges lenders may face with each of these options.
6 minute read
January 14, 2021 | The American Lawyer

Drumroll, Please: The 2020 American Lawyer Industry Awards Winners

The full list of winners includes Attorney of the Year, Law Firm of the Year and, for the first time, Best Corporate Practices.
10 minute read
January 13, 2021 | Law.com

Judgment Enforceability Limbo Persists for London Litigators

The universal belief among U.K. practitioners is that accession to the Lugano Convention now that the U.K. has left the EU would make life "dramatically easier." But the EU has thus far been silent. 
3 minute read
January 13, 2021 | The American Lawyer

For Partner Pay, Firms Increasingly Look to Profitability

Law firm management has finally learned to tell partners, "It's a $10 million practice, but it costs us $8 million to service," said Jeffrey Lowe, at Major Lindsey & Africa.
6 minute read

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