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March 22, 2024 | The American Lawyer

Orrick Shutters Pair of Offices in Attempt to 'Rebalance' Regional Platform

The market downturn in Asia has forced many international firms to cut back on their operations in the region, especially in Greater China. In the past year, Latham & Watkins, Perkins Coie, Proskauer Rose, and Akin Gump Strauss Hauer & Feld have all shuttered offices in mainland China.
4 minute read
March 04, 2024 | The American Lawyer

Deal Watch: Davis Polk, Latham and Simpson Land on Rising Debt Deal Work

The number of announced debt offerings hit an all-time high for the Deal Watch column in the last week, with no fewer than 20.
11 minute read
February 28, 2024 | The American Lawyer

Clifford Chance Rolls Out Microsoft-Partnered AI Strategy Across Whole Firm

Generative AI-powered tools will now be available to the firm's near-7,000 people for help on tasks such as summarising documents.
4 minute read
February 23, 2024 | The American Lawyer

US Law Firm Leasing on Upswing in 2023, Hitting Highest Mark Since 2019

The Savills Legal Tenant U.S. Law Firm Activity Report Q4 2023 found that more than half of the new leases signed in 2023 were by firms staying in their space, and New York was the top market for leasing.
4 minute read
February 20, 2024 | The American Lawyer

Seeking Less Rate Pressure, Baker Botts Labor and Employment Head Moves to Bradley

Jennifer Trulock, a Baker Botts partner in Dallas who was chair of Baker Botts' labor and employment practice, said Bradley Arant Boult Cummings gives her opportunity to lower her rates.
2 minute read
February 08, 2024 | The American Lawyer

Baker Botts Adds Orrick Patent Litigators in Texas, California

The patent litigators, who joined Baker Botts on Saturday, focus their practice in Taiwan and China.
2 minute read
February 05, 2024 | The American Lawyer

To Buy AI or Build AI? For Some of the Am Law 100, the Answer Is 'Both'

Given the cost and technical expertise required to develop large language models, it's not surprising the majority of firms interviewed by The American Lawyer are relying on tech vendors with pre-existing clout in the industry.
10 minute read
January 21, 2024 | The American Lawyer

The Time to Do a Transatlantic Merger is Now

As international GDP growth slows, law firms hoping to keep up with Kirkland, Latham, Skadden, and Simpson Thacher need to consider mergers involving the US, writes the Global Lawyer.
8 minute read
January 18, 2024 | The American Lawyer

Dealmakers Plan to Keep Investing in Private Equity Practices Amid Higher Expectations for 2024

Private equity attorneys from leading law firms say creative dealmaking could meet pent-up demand to produce an uptick in deals.
7 minute read
January 16, 2024 | The American Lawyer

Deal Watch: Kirkland, Akin Drive Energy Deals as Big Law Leans Into Sector for M&A

Four of the five announced M&A deals of more than $1 billion in the past week involved the energy and infrastructure sectors.
7 minute read

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