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Daily Report Online

King & Spalding Looks to Rebound From Private Credit Loss by Welcoming Familiar Faces From Milbank

In addition to bringing back former partners Martin Eid and Katie Weiss, the firm is adding a significant fund finance team in London. "We'll have doubled the size of this practice over the past 10 years," said finance and restructuring leader Carolyn Alford.
6 minute read

The American Lawyer

Kirkland & Ellis Faces Class Action Over 2023 Data Breach

Ransomware group CLOP took credit for a mass cyberattack last summer that impacted more than 50 organizations, including Kirkland, Proskauer Rose and K&L Gates.
2 minute read

National Law Journal

Amid Law Firm Merger Frenzy, Former Leaders of Wilmer and Hale Offer Insights

"The fact that we brought all these people into the loop in October and it never leaked until we made it public on May 31 said to me that it was going to work," said Bill Lee.
6 minute read

Litigation Daily

Litigation Leaders: Angela Zambrano of Sidley Austin on Co-Leading 750-Plus Litigators While Having 5 Potential Trials on Her Docket

"Nothing makes me happier than trying cases with my Sidley colleagues so I am committed to maintaining an active trial practice while I serve in this role," said Zambrano, who joined Bruce Braun as co-leader of the practice in January.
16 minute read

Law.com

The Law Firm Disrupted: When Private Equity and Mass Torts Collide in the Same Firm

Skadden served as deal counsel for an investment giant that had previously funded claims against a firm client. Such tensions may grow even more common as multistrategy investors look for new opportunities.
6 minute read

National Law Journal

Baker McKenzie Drops Suit Against IRS Seeking Details on Partnership Crackdown

Washington, D.C.-based partner George Clarke had sought to obtain a paper about document requests the agency made of partnerships, after an IRS lawyer at a conference mentioned plans to increase efforts to audit these entities.
2 minute read

Litigation Daily

'Another Arrow in the Quiver': Quinn Brings AI-Backed Litigation Forecasting Tools to All US Lawyers

The firm's partner, Pre/Dicta, has claimed 85% accuracy in predicting motion to dismiss decisions in federal court. In the past year, it has added forecasting tools for class certification, venue transfer, summary judgment and motions to compel, as well as case timelines.
5 minute read

National Law Journal

K&L Gates Recruits 4-Lawyer International Trade Group From DLA Piper

The move comes at a time when trade practices in Big Law have "tremendous growth potential," according to one of the laterals.
3 minute read

National Law Journal

'Consummate Leader': Longtime Akin Chairman R. Bruce McLean Dies at 77

McLean led the firm from 1993 through 2013. In recent years, he was a partner at the Zeughauser Group, advising law firm leaders.
3 minute read

Daily Business Review

Miami Keeps Flexing Its Muscle as International Arbitration Hub

After topping New York in cases in 2021, the numbers have dipped slightly over the past two years. But law firms in the region are committed to the practice.
6 minute read

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