The American Lawyer | Analysis
By Dan Roe | November 30, 2023
For law firms like Sullivan & Cromwell and Quinn Emanuel Urquhart & Sullivan, the bankruptcy of FTX is proving to be just as profitable as some of the most notoriously lucrative Chapter 11 proceedings.
The American Lawyer | Analysis
By Dan Roe | November 27, 2023
Am Law 100 firms are promoting roughly the same number of partners as last year, but groups like debt finance, antitrust and tax are growing faster than most corporate practices.
The American Lawyer | Analysis
By Justin Henry | November 27, 2023
"Firms open there, not because they want to tap into a certain geographic community but because partners want to live there," Holland & Knight managing partner Steven Sonberg said.
The American Lawyer | Analysis
By Justin Henry | November 16, 2023
"For purposes of accuracy and analysis, it would make things much more clear to the market if there were three tiers: income partner, hybrid and full equity," says one recruiter.
The American Lawyer | Analysis
By Christine Charnosky | Dan Roe | November 13, 2023
While not commenting publicly, some T14 or New York-based law schools have been in discussions with law firms about preventing further incidents of antisemitism on campus, sources say.
The American Lawyer | Analysis
By Justin Henry | November 13, 2023
Some leaders in the lower half of the rankings no longer see elite firms' pay raises as a competitive pressure because the market has become so stratified.
The American Lawyer | Analysis
By Andrew Maloney | Chris O'Malley | November 10, 2023
Some GCs are voicing concerns about further rate hikes after associate pay raises. But Milbank's chair said the salary raises wouldn't have a material effect on its billing rate decisions in the future.
The American Lawyer | Analysis
By Jessie Yount | November 3, 2023
On average, large law firms are losing nearly 10% or $21.9 million of annual staffing costs due to poor employee well-being.
The American Lawyer | Analysis
By Andrew Maloney | November 3, 2023
Some law firms are pausing their promotions of senior associates to partner, and they're telling senior associates to be patient, said Laura Terrell, an executive coach and consultant.
The American Lawyer | Analysis
By Amanda O'Brien | November 1, 2023
Stroock & Stroock & Lavan missed its window of opportunity to find a merger partner, and now the firm is shutting down. Could leaders have done anything to secure greater support for their plans?
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