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By Justin Henry | March 20, 2024
A group of 185 Chinese limited partners who put money into a $2.5 billion redevelopment project in Century City, Los Angeles, say the firm's "failure to exercise a modicum of diligence" helped cost them their entire stake.
4 minute read
By Justin Henry | March 19, 2024
Firms like Kirkland & Ellis and DLA Piper have used forgivable loans to bat away offers from rivals and Shearman & Sterling has used them to incentivize partners at the firm to stick around for the merger with Allen & Overy.
5 minute read
By Dan Roe | March 18, 2024
Gross revenue was up 12.3% while profits per equity partner rose 13.4% during the firm's 28th consecutive year of revenue growth.
6 minute read
By Alex Anteau | March 13, 2024
"There isn't a businessperson in the state that's not going to not lose the duty to defend because within [the new criteria," the defendant-appellee attorney said. "They can either have the financial wherewithal or can borrow it. ... It reaches so much further than it needed to go."
4 minute read
By Amanda O'Brien | March 8, 2024
Thomas Duffy accused his former law partner Ken Fulginiti of withholding settlement fees on Wednesday, just a week after Fulginiti filed his own lawsuit—withdrawn a day later—accusing Duffy of defrauding him of millions.
4 minute read
By Alexander Lugo | March 8, 2024
Because of the large gap between standard and agreed rates, some firms have been able to raise rates for clients quietly. Now, there's seemingly pushback.
5 minute read
By Amanda O'Brien | March 7, 2024
The firm's revenues climbed by 5.5% to hit $653 million. "We're not looking for a business that's up 20% in the good years and down 8% in the bad years," explained firm chairman Michael Heller.
6 minute read
By Amanda O'Brien | March 5, 2024
Ken Fulginiti accused Thomas Duffy Jr. of understating profits and spending revenues on "vanity expenses" and personal needs.
6 minute read
By Amanda O'Brien | March 5, 2024
"Five years ago, if you said the phrase 'succession planning,' people's hair would catch on fire," Adam Smith, Esq. partner Janet Stanton said.
7 minute read
By Hugh A. Simons | March 5, 2024
"Most partners in support practices are earning dramatically more than they ever thought they would, and at root they know they're earning more than their practices warrant," writes Hugh Simons.
5 minute read
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Cullen and Dykman is seeking an associate attorney with a minimum of 5+ years in insurance coverage experience as well as risk transfer and ...
McCarter & English, LLP is actively seeking a midlevel insurance coverage associate for its Newark, NJ and/or Philadelphia, PA offices. ...
McCarter & English, LLP, a well established and growing law firm, is actively seeking a talented and driven associate having 2-5 years o...