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The American Lawyer

With High Interest in Law Firm Acquisitions, 'A Likely Uptick' in Mergers Underway

Law firms with between 400 and 800 lawyers are especially hungry to acquire smaller firms right now, noted Lisa Smith at Fairfax.
4 minute read

Texas Lawyer

Nelson Mullins Launches in Houston, Adding 10 Lawyers From 5 Law Firms

Nelson Mullins Riley & Scarborough, which opened in Dallas in 2022, has added an office in Houston as the firm focuses on expanding its energy team.
4 minute read

The American Lawyer

Kramer Levin Finds 'A Good Year in a Difficult Environment,' With Revenue Rising 3.3%

While net income slid down, the firm's PEP was up by 1.2% to $2.41 million, as the equity tier shrunk by 5%.
5 minute read

The American Lawyer

Akin Grabs Another Private Credit Partner From Paul Hastings in NY

Paul Hastings alternative lender and private credit partner Scott Colton joins longtime colleague Bill Brady at Akin Gump Strauss Hauer & Feld in New York.
3 minute read

The American Lawyer

Ballooning Nonequity Tiers Will Require Law Firms to Manage Ranks Closely

"Given the equity partner promotion ratios, [firms] could be looking at a long-term problem," said law firm consultant Brad Hildebrandt.
6 minute read

The American Lawyer

Revenue Flattens at Dechert, But Firm Sees 'Turnaround' in Interest Rate-Sensitive Practices

"The last three years, when you look at them as a whole, were the best three years we've ever had," said co-chair David Forti.
6 minute read

The American Lawyer

With Merger Near, A&O and Shearman Retain McKinsey, KPMG

The firms said they turned to the business consultants for advice ranging "from operational integration through to ways of working."
4 minute read

Law.com

The Law Firm Disrupted: Are Big Law's Remote Lawyers a Vanishing Species?

New NALP figures show that the number of law firms willing to hire associates and partners in areas where they don't have offices is steadily declining.
5 minute read

The American Lawyer

RPL Hits New Peak at Reed Smith, as Profits Stagnate Amid Mounting Costs

"We saw financial growth from top 200 clients, including significant increases in international engagements, which indicates that our global platform is working for our international clients," said global managing partner Casey Ryan.
5 minute read

The American Lawyer

Schulte Rides Private Capital Matters to 7% Revenue Growth as PEP Dips Amid Firm Investments

As the firm's equity-only partnership expanded 13% to 78 partners last year, the firm's profits per partner dipped 7.7% to $3.34 million,
5 minute read

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