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Daily Report Online

Amid 38% Head Count Growth, Pierson Ferdinand Pushing for Distributed Law Firm Model Evolution

"When we're working for other partners, we receive transparent, consistent compensation that we know about in advance right in our partner offer package," said co-chairman Joel Ferdinand.
6 minute read

The American Lawyer

Simpson Lands Public Company Advisory Attorney From Skadden

James Rapp, who was at Simpson from 2013 through 2021, will rejoin his former firm alongside former colleagues from Skadden who recently joined.
2 minute read

The American Lawyer

Paul Hastings Continues to Build M&A Capability With Shareholder Activism Partner from Goodwin

Andrew Goodman's shareholder activism practice, and its focus on life sciences, real estate and technology, brings both bench depth in the practice and adds a stronger presence for the firm in Boston.
3 minute read

The American Lawyer

Deal Watch: AI Race Changes Deal Market, Influencing Capital Markets, Energy, Real Estate Practices

Simpson Thacher partner David Azarkh said the need for capital to support AI companies and those in the energy, data, infrastructure and real estate industries "will mean additional capital markets offerings."
8 minute read

The American Lawyer

After Milbank Rolls Out Summer Bonuses, Big Law in 'Waiting' Mode While Associates Watch Eagerly

Many associates are asking whether their firms will give out summer bonuses, putting pressure on firms to match Milbank's bold move, one recruiter noted.
6 minute read

The American Lawyer

Skadden's Reputation Remains Sterling. So Why Are Partners Leaving?

The firm's M&A brand is as strong as any, but it has weathered a rare leadership transition and some observers say the private equity practice falls short of elite peers.
8 minute read

The American Lawyer

Paul Weiss Lands Skadden Co-Head of Financial Institutions Group in Two-Attorney Move

David Hepp and Matthew Collin arrive with strategic M&A expertise as well as the potential of a high-profile client roster.
3 minute read

Connecticut Law Tribune

2 Law Firms Are Feuding Over Allegedly Stolen Clients and Work Processes

"[T]he Etemis categorically deny all allegations made against them," John Kanca, their lawyer, said. "The Etemis have full confidence in their defenses and their counterclaim allegations, and look forward to vigorously seeking justice in court by providing proof as to all of their allegations. The Etemis intend to advance this case by telling the truth and the full story of everything that happened leading to the Etemis departure from Trantolo & Trantolo, and thereafter."
4 minute read

The American Lawyer

The Path to Equity Partnership Is Lengthening. Are Firms Making the Change in Good Faith?

While a recent suit against Duane Morris alleges the firm is using the firm's non-equity tier to goose partner profits, some market observers see the ever-extending path to the equity partnership as a recognition of firms' legitimate business needs.
5 minute read

New York Law Journal

How New York's Top Boutiques Are Staying Competitive in Associate Compensation and Retention

Many New York-based boutiques—like Holwell Shuster & Goldberg and Cohen Ziffer Frenchman & McKenna—are staying close to or on the Cravath scale to be able to compete with firms like Kirkland & Ellis for the best associates.
5 minute read

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