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Arnold & Porter Sets Record Revenue, But Profits Slipped as Economy Slowed Demand
Revenue at Arnold & Porter Kaye Scholer topped the $1 billion mark for the second year in a row, but challenges such as economic troubles, rising expenses, slow collections and U.S. political dysfunction impacted profits in 2022.
Deal Watch: Wachtell, SullCrom Lead $43B Biotech Deal, Failed Banks Muddy Deal Waters
Even the best week of M&A thus far in 2023 came with a wrinkle, as the collapse of two regional banks is spurring concerns about the overall banking apparatus in the United States.
83 Firms to SEC: Don't Tread on Me
The firms all signed onto an amicus brief opposing the regulator's effort to compel Covington & Burling to disclose confidential client information.
Gibson Dunn and Arnold & Porter Achieve Black Equity at Work Certification
The holistic program prompts participants to advance Black equity across their organizations and within their communities.
With Wellness at the Top of Mind, Law Firms Expand Support Resources
Big Law firms continue to build out and refine wellness programs, including programs that provide support to the families of those working at the firms.
Law Journal Press | Digital Book
District of Columbia Legal Malpractice Law 2024
Authors: Shari L. Klevens, Alanna G. Clair
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Concerns Over Layoffs, Expenses, Office Policies Loom Over 2023 Outlook
"Getting people to come back in the office is continuing to be a challenge," said one Am Law 100 leader. "Do we lay down the law? Or is the cost of doing that not worth the price we will pay?"
Increasing Write-Offs in Client Bills Should Sound 'Loud Alarm Bells' For Firm Profits
Profit pressure from rising client discounts is also "driving lawyers hard to increase billable hours" and that could jeopardize talent if it continues, according to a new report.
Profitability Pressures May Bring More Reluctance to Expansion in 2023
Law firms may not want to expand and incur even more expenses after a costly 2021 and 2022. "There's a lot of concern about all of these really high expenses that have been incurred over the last couple years," said Georgetown's Jim Jones.
Naomi Biden Is the Latest in a Long Line of Lawyers Wed at the White House
She's an associate at Arnold & Porter Kaye Scholer, and her husband, Peter Neal, is a former Cooley summer associate.
Dobbs Decision Prompts Massive Spike in Reproductive Rights Pro Bono Work
"Dobbs has called for legal mobilization in a wide range of fields, including health care regulation, criminal and civil liability, and anti-privacy," said Lowenstein's Catherine Weiss.TRENDING STORIES
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