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December 26, 2023 | The American Lawyer

Amid Strong Performance in Local Markets, Law Firms Continued to Open Up Shop in Texas in 2023

Out-of-state firms continued to open offices in the robust Texas market throughout 2023, and a number of firms put new leaders into place.
5 minute read
December 26, 2023 | The American Lawyer

Law Firm Mergers Began With a Boutique Bash. Will the Party Continue in 2024?

A&O's tie-up with Shearman could be a harbinger of more U.K.-headquartered firms expanding into the U.S.
6 minute read
December 21, 2023 | The American Lawyer

Akin Winds Down Beijing Office

Akin will continue to practice in Hong Kong and Singapore, its two other offices in Asia.
4 minute read
December 20, 2023 | The American Lawyer

A&O and Shearman Offer Partners Financial Incentive to Stay with Combined Firm

The merger of the two firms is due to formally take effect in May 2024, with 99% of partners at both firms approving the plans in October.
2 minute read
December 19, 2023 | The American Lawyer

'Where Others Are Faltering, We're Leaning In': Sidley Austin's Leaders on the Firm's Long Game

Major hires from firms like Paul Weiss put the firm on everyone's radar this year; and potential culture clashes aren't dampening the firm's appetite for expansion and disruption, and not just in private equity.
7 minute read
December 19, 2023 | The American Lawyer

'Where Others are Faltering, We're Leaning In': Sidley Austin's Leaders on the Firm's Long Game

Major hires from firms like Paul Weiss put the firm on everyone's radar this year; and potential culture clashes aren't dampening the firm's appetite for expansion and disruption, and not just in private equity.
7 minute read
December 18, 2023 | The American Lawyer

Proskauer Layoffs Underscore String of Big Law Cuts in 2023

The firm's moves are consistent with a slew of large law firms making staff and associate cuts in 2023, as firms focused on efficiency, outsourcing and productivity in a year of declining demand.
8 minute read
December 15, 2023 | The American Lawyer

Norton Rose Sees More Exits in Global Management Team

The firm has seen six global leaders depart the firm this year, including four since the exit of the former global CEO.
3 minute read
December 11, 2023 | The American Lawyer

Managing and Senior Partner Candidates Emerge to Lead A&O Shearman

Eight candidates from A&O are in the running for the senior and managing partner positions of the firm, set to lead A&O Shearman following the completed merger.
3 minute read
December 11, 2023 | The American Lawyer

To Secure A&O Merger, Some Shearman Partners Agreed to 50% Cut to Unfunded Pension

"It was clear that if we didn't approve the pension, the [Allen & Overy] deal wasn't going to go through," a retired Shearman partner said.
6 minute read

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