Editor's Picks

The Am Law 100, the Early Numbers: Profits Continue to Slide at Cadwalader

By Nell Gluckman |

Gross revenue and partner profits both took a hit in 2015.

Chasing Lateral Growth, Big Law Leaders Lose Their Way

By Steven J. Harper |

The evidence suggests that most managing partners are unable or unwilling to learn from their errors. Their firms pay the price.

Jobs Report: Legal Sector Has Rocky Start in 2016

By Nell Gluckman |

The legal industry lost 1,400 jobs in January, the U.S. Labor Department estimates.

An Early Look at the 2016 Am Law 100

Ahead of The American Lawyer's final Am Law 100 and 200 rankings, see the latest early reports on 2015 financial results from The Am Law Daily and its regional affiliates.

The Am Law 100, the Early Numbers: McDermott Sees Modest Revenue Decline

By Susan Beck |

After four years of rising revenue, McDermott Will & Emery saw its gross revenue slip in 2015, while profits rose 3.3 percent for the firm’s somewhat diminished equity partnership.

Deborah Rhode.

At ABA Meeting, Bar Groups See Threat from Nonlawyers

By Susan Beck |

A modest proposal that hints at opening the door to nonlawyers providing simple legal services faces a tough fight at the American Bar Association’s midyear meetings.

Syngenta headquarters in Basel, Switzerland.

Deal Watch: ChemChina's Syngenta Merger Sets Record

By Brian Baxter |

Simpson Thacher, Davis Polk Clifford Chance and two leading Swiss firms take the lead on the largest outbound M&A deal ever by a Chinese company; and a look at the other big firms behind the latest slate of billion-dollar transactions.

Todd Rolapp, left, and Mark Manner, right.

Bass Berry Bags 10 Partners From Disbanding Tennessee Firm

By Brian Baxter |

Nashville-based regional firm Bass, Berry & Sims has taken on 10 partners from Harwell Howard Hyne Gabbert & Manner, a fellow Tennessee shop with the unique acronym h3gm that will now disband.

The Legal Profession's Drinking Problem Is Worse Than We Thought

By MP McQueen |

Law firm associates are especially prone to problem drinking, according to a major study released this week.

Mauricio Macri points as he rides in an open top car towards the presidential palace after he was sworn in as Argentina's new president in Buenos Aires, Argentina, Thursday, Dec. 10, 2015.

The Global Lawyer: The First Shoe Drops in Argentina

By Michael D. Goldhaber |

The beginning of the end of Argentina’s international bondholder battle means that important legal questions raised by the dispute will have to wait for answers.

Houston A La Carte: Behind Orrick's Texas Expansion

By Jennifer Henderson |

Orrick chose a logistically complex mix-and-match approach to populate its new Texas outpost.

(l-r) Stephen Meredith, Christopher Nelson, and Sarah Camougis.

Choate Hall Hires Three Locke Lord PE Partners in Boston

By Nell Gluckman |

A group of former Locke Lord partners, all of whom joined the firm from a year ago after it absorbed Edwards Wildman Palmer, have decamped for another Boston-based firm in Choate, Hall & Stewart. Locke Lord, however, responded by hiring Boston-based Foley Hoag’s former co-managing partner.

Tara Lee.

Quinn Emanuel Touts D.C. Hire as Another Practice Chief Leaves DLA Piper

By Scott Flaherty |

Washington litigator Tara Lee is the fourth DLA Piper practice leader to decamp for another firm in less than a week.

The Am Law 100, the Early Numbers: Paul Weiss Partner Profits Top $4 Million

By Julie Triedman |

For the 20th year straight, Paul, Weiss, Rifkind, Wharton & Garrison posted higher profits amid an abundance of billion-dollar lawsuits and multibillion-dollar deals.

Greenberg Traurig In Tie-Up Talks With Major British Firm

By Brian Baxter and Chris Johnson |

Greenberg Traurig, an Am Law 100 firm with Miami roots known for its spectacular growth, confirmed Wednesday that it is in preliminary discussions about a potential union with U.K. firm Berwin Leighton Paisner.

The Churn

Three Practice Leaders Leave DLA Piper, Plus More Lateral Moves

By Brian Baxter |

DLA Piper loses three practice leaders but merges in Europe; another Dickstein Shapiro partner departs; Jones Day opens in Brisbane; Orrick unveils its Houston hires; Quinn Emanuel adds an Israel expert; and other moves from throughout The Am Law 200.

McKool Smith Snags Kasowitz Benson Insurance Team

By Brian Baxter and Christine Simmons |

Robin Cohen, head of the insurance recovery group at Kasowitz, Benson, Torres & Friedman, is leading a team of lawyers leaving the firm for 175-lawyer McKool Smith.

The Am Law 100, the Early Numbers: A Strong Year for Goodwin Procter

By Nell Gluckman |

The firm reported across-the-board growth in 2015, including a 14 percent uptick in partner profits.

Demme Doufekias.

Q&A: Morrison & Foerster Takes On Abortion Foes

By Scott Flaherty |

Partner Demme Doufekias discusses her victory in a Louisiana abortion rights challenge, the upcoming Supreme Court showdown in Whole Woman’s Health v. Cole, and her firm’s pro bono advocacy for women’s reproductive rights.

DLA Piper's Washington, D.C. offices.

DLA Piper Shakes Up Non-U.S. Compensation

By James Booth |

The firm's international LLP is introducing a new points-based system, bringing in a larger bonus pool and creating a separate lockstep for new partners.

U.S. Supreme Court

The Global Lawyer: Will Daimler Blow Up Terror Litigation?

By Michael D. Goldhaber |

The U.S. Supreme Court’s decision in Daimler v. Bauman is undermining anti-terror law on jurisdictional grounds.

Is It Time To Set an LSAT Minimum for Law School Admission?

By Vivia Chen |

The number admitted law students with LSAT scores below 145 has increased 60 percent since 2010.

The Lawyer Who Said, 'This Ain't for Me'

By Nell Gluckman |

Of 16 high-powered New York real estate lawyers videotaped in an undercover sting by Global Witness, just one outright refused to help a purported foreign official funnel illicit funds into the U.S.

Sullivan & Cromwell Takes Rare Debtor Assignment for Primorsk

By Scott Flaherty |

The firm made an exception to its practice of shunning debtor’s-side Chapter 11 work—and to billing by the hour.

DLA Creates Nordic Verein Following Finland Merger

By Chris Johnson |

DLA Piper has created a new verein for its Nordic offices following a merger with Finnish firm Peltonen LMR.

The Churn

Holland & Knight Hires in Connecticut, Plus More Lateral Moves

By Brian Baxter and Christine Simmons |

The latest Dickstein Shapiro defectors are hired by Holland & Knight; Jones Day adds an IP trio; Kirkland & Ellis recruits a senior SEC official; Latham & Watkins lands a high-profile lateral in Germany; and other notable additions from throughout The Am Law 200.

Survey: Skadden Is Best-Known U.S. Legal Brand Among GCs

By MP McQueen |

Jones Day remains a stable second and DLA Piper and Morgan Lewis are moving up, according to a survey of general counsel by Acritas Research.

Maura Grossman of Wachtell, Lipton, Rosen & Katz applied a computer machine-learning method to e-discovery to create a proprietary system for finding documents faster, she says.

The Wachtell Way of E-Discovery

By Susan Beck |

Maura Grossman, a Wachtell lawyer, developed a better way to do e-discovery. Why are so few other firms taking a lead with tech?

The Most Prized Lateral of 2015 Wasn't a Partner

By William Henderson and Christopher Zorn |

It was instead a four-person project management team. When the U.K.'s Herbert Smith Freehills hired those professional staffers amid lots of fanfare, it was a lesson to all firms about lateral hiring. Are you listening?

The Big Law Lateral Hiring Frenzy Continues

By MP McQueen |

Lateral activity at Am Law 200 firms continued to flourish in 2015, our Lateral Survey shows. Are firms and potential hires doing their due diligence?