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The American Lawyer

'We Have That Equal Responsibility': One Am Law 50 Firm's Approach to Lateral Integration

"This is a 50/50 proposition. We're not the 'show me' firm, where we bring in the lateral and say, 'Show me your book and how you'll help us,'" said K&L Gates global strategic growth partner Craig Budner.
6 minute read

Law.com

How I Made Practice Group Chair: 'The Greatest Skill in Being an Effective Practice Group Leader Is Listening,' Says Alva C. Mather of McDermott Will & Emery

"I would say the greatest skill in being an effective practice group leader is listening. As a younger attorney, my most significant barrier was finding room for my own approach to the practice of law; it was a significant turning point in my career when I committed to engaging with clients and colleagues in my own authentic way."
8 minute read

International Edition

Kirkland, Freshfields Earn 8-Figure Windfall for Leading £5.4B Hargreaves Lansdown Takeover

The legal spend is among the highest seen in London for a single transaction, according to rival partners.
3 minute read

The American Lawyer

Addressing REIT Practice 'Barrier to Entry,' Paul Hastings Turns to DLA Piper, Goodwin For Hires

The firm's real estate practice is already "mature," as chair Frank Lopez put it, but the two new hires bridge a "gap" to REIT work and also inform the firm's strategy in several adjacent practices.
4 minute read

The American Lawyer

Guarantees Are Back, Whether Law Firms Want to Talk About Them or Not

Certain firms are more widely spoken of for using multi-year deals, including Kirkland & Ellis and Paul Hastings.
7 minute read

The Legal Intelligencer

'Training to Replace Yourself': Kessler Topaz Co-Founder Set to Retire

"It was a goal of mine to be done at the age of 60," said Kessler, whose firm grew from six to almost 100 attorneys. "I never wanted to be the person sticking around."
5 minute read

Pro Mid Market

Hodgson Russ Expects Double-Digit Growth This Year After Ranking First Among Mid-Market 50 Firms

Hodgson Russ is expecting double-digit growth in profits and income after last year's slump in both categories, coming from a boost in work within the firm's litigation and corporate practices.
4 minute read

National Law Journal

Average Partner Pay in D.C. Is Climbing—but Not as Fast as Billing Rates

The average pay for Am Law 200 partners, including equity and nonequity partners, in D.C. has eclipsed $1.5 million.
3 minute read

Law.com

How I Made Office Managing Partner: 'Take Advantage of the Learning and Networking Opportunities,' Says James Kitces of Robins Kaplan

"Lastly, take advantage of the tremendous learning and networking opportunities that the many bar associations and organizations offer. As a lawyer, you are constantly learning and evolving. There are many opportunities to interact and share ideas with other lawyers, judges, and professionals."
7 minute read

International Edition

Clifford Chance Further Modifies Lockstep to Better Reward Top Performers

The top of equity at the firm can now reach £12 million, according to one person familiar with the matter, amid a frantic London hiring market.
2 minute read

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