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October 11, 2024 | The American Lawyer

Setting Partner Comp: Are Law Firms Now Too 'Short-Term Focused'?

"People are less patient than they have ever been before. People want to be awarded now," noted one consultant.
4 minute read
October 10, 2024 | The American Lawyer

Cleary Creates Nonequity Partner Tier, Calling for 'Innovation and Adaptation'

"We are not doing it to create a different leverage model within the firm," said managing partner Michael Gerstenzang. "We are doing it to create more opportunities in promotion and development."
5 minute read
October 08, 2024 | Texas Lawyer

Surpassing Cravath Associate Pay Scale, Boutique Seeks to Stay Above Market

By raising associate pay above market, the boutique's leadership said it's seeking to reward associates for hard work on significant projects this year and also help with recruiting.
3 minute read
October 07, 2024 | The American Lawyer

Kirkland Adds FTC Lawyer Amid 'Pivotal Time' in Antitrust Practices

Stephen Mohr, who just left the FTC, said he "anticipates agencies will continue to be aggressive in bringing merger enforcement challenges."
3 minute read
October 07, 2024 | New York Law Journal

Office of the Appellate Defender To Host Its Annual 'First Monday' Event Tonight

At the live event to be held tonight, Monday, Oct. 7, Helen Gredd and David Patton will argue the mail/wire fraud case 'Kousisis v. United States,' with Ellen Patterson presiding as chief justice.
2 minute read
October 06, 2024 | The American Lawyer

What About Wachtell? The Link Between Growth and Profits

There are very successful firms such as Wachtell and Cravath that challenge our working definition of "global elite," writes the Global Lawyer.
5 minute read
October 04, 2024 | Law.com

Cravath's Len Teti on the Human Side of Tax Law

In this week's Legal Speak episode, Cravath, Swaine & Moore tax partner Len Teti discusses the firm's only podcast, "On Tax", which he hosts. Teti has now been doing the show for eight 'seasons', and the podcast has been a hit. Here, Teti explains its genesis, why he does it on top of his practice and why he feels it is an effective recruiting tool for the firm.
2 minute read
October 04, 2024 | New York Law Journal

Lawsuit Alleging $23 Million Contract Breach Against Biogen Moves Forward

Acting Manhattan Supreme Court Justice Anar Rathod Patel last week denied a motion to dismiss from defendants Reata and Biogen, finding that fact questions remained.
3 minute read
October 04, 2024 | The American Lawyer

A&O Shearman Signs Up for Extra 100K Square Feet at New London Premises

In 2021, Allen & Overy agreed a deal with British Land and Singapore sovereign wealth fund GIC to let at least 254,000 sq ft on the Broadgate campus.
2 minute read
October 02, 2024 | The American Lawyer

Rupert Murdoch Trust Trial Underscores Lucrative Nature of High-End Private Client Practices

Trusts and estates disputes can generate more legal work than mainstream practices when firms commit to the practice area. However, the practice doesn't come without risk.
6 minute read

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