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January 24, 2024 | The American Lawyer

Seyfarth Launches Restructuring Practice, Snagging Lateral Group from BCLP

The move comes as Am Law 100 firms saw billable hours in bankruptcy grow by nearly 7% last year.
5 minute read
January 10, 2024 | The American Lawyer

As More D.C. Law Firms Shed Space, Leasing Pace Picked Up in Late 2023

While law firms have continued the trend of cutting back on square footage, overall law firm office leasing in D.C. picked up the fourth quarter compared with the previous quarter.
5 minute read
January 05, 2024 | The American Lawyer

Orrick's Data Breach Was Bigger Than Previously Reported

An additional 176,000 people were added to the affected cohort, while several other firms reported new data breaches at the end of 2023.
3 minute read
December 19, 2023 | The American Lawyer

Turnover in Big Law Leadership Manifests as 'Great Growth Race' Kicks Into High Gear

At least 30 large law firms have announced some kind of leadership transition within the last year or so. "It's been an exciting but challenging and exhausting few years," noted one Am Law 100 leader.
5 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 14, 2023 | The American Lawyer

Dentons' Global CEO to Stand Down Next Year

During Elliot Portnoy's tenure the firm has grown rapidly into one of the world's largest legal institutions.
5 minute read
November 28, 2023 | The American Lawyer

Deal Watch: This M&A Partner Just Had Two Big Deals on Same Day

Karessa Cain led Wachtell teams for eBay and Jacobs Solutions for deals announced on same day.
8 minute read
November 27, 2023 | The American Lawyer

Countercyclical and Regulatory Practices Dominate Partner Promotions in 2023

Am Law 100 firms are promoting roughly the same number of partners as last year, but groups like debt finance, antitrust and tax are growing faster than most corporate practices.
4 minute read
November 16, 2023 | The American Lawyer

The American Lawyer Names Attorney of the Year, Law Firm of the Year and More

The American Lawyer Industry Awards honored the industry's best and brightest across several categories that recognize both historical excellence and the evolution of the business of law.
6 minute read
November 14, 2023 | The American Lawyer

Big Law Mergers: How to Catch a Falling Knife

History suggests that acquiring a "falling knife firm" can be accretive for the acquiring firm but that it requires something of the order of a 30% reduction in the equity partner ranks at the acquired firm, Hugh Simons writes.
9 minute read

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