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April 08, 2024 | The American Lawyer

McKinsey—Are They Worth It?

Major law firms are still shelling out on expensive management consultants like Accenture and McKinsey—but what do they hope to achieve, asks The Global Lawyer.
5 minute read
April 08, 2024 | The American Lawyer

Elite New York Law Firms Outperformed Market, as Firms Invested in Both Equity, Nonequity Tiers

Several New York law firms last year even bested their 2021 performance during the heyday of the deal market.
19 minute read
April 01, 2024 | 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
March 31, 2024 | The American Lawyer

Letter from Asia: In Singapore, The Americans Have a Brand Issue

American law firm brands have not penetrated the Southeast Asian market in the same way that American consumerism has. It's a brand issue. And it's also a commitment issue, writes Law.com International Asia Editor Jessica Seah in this bimonthly column.
5 minute read
March 29, 2024 | 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
March 28, 2024 | The American Lawyer

'Puppy Yoga is Not a Wellbeing Strategy': Are Law Firms Doing Enough on Mental Health?

The campaign for mental health in the legal industry has surged in the last month following the Vanessa Ford tragedy, but hardly any firms appear to be considering changes to their wellbeing programs.
10 minute read
March 26, 2024 | The American Lawyer

Deal Watch: Wachtell, Skadden, Cleary Land on Big Healthcare Deals; Dealmakers Stay Optimistic

"People are more open to looking at M&A transactions," said Linklaters' George Casey. With inflation getting under control and the Fed expecting lower rates, "you can start thinking how you can finance."
9 minute read
March 25, 2024 | The American Lawyer

The Law Firms and Lawyers That Benefit Most From Private Equity Designation

An in-depth investigation featuring interviews with a wide range of market leaders has shown the law firms and lawyers that frequently get designated mandates on private equity transactions in the UK.
5 minute read
March 19, 2024 | The American Lawyer

PEP Talk: The Am Law 100's Quiet Boost

If only we could boost the legal industry's mental health as easily as U.S. law firms are boosting profits, the Global Lawyer writes.
8 minute read
March 19, 2024 | The American Lawyer

Bonuses With Strings Attached Play Role in Partner Retention

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

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