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White & Case Among Trio of US Firms Announcing Global Partner Promotions
Cleary Gottlieb and Ropes & Gray have also elevated people across their global offices.
Deal Watch: IPOs Not Coming Back in 2023
Wilson Sonsini's Michael Nordtvedt noted that boards and management teams are "leaving optionality for IPOs in the second half of 2024."
Cravath Adds Non-Equity Tier as Big Law Makes Structural Changes for Competitive Pay
Cravath has been approaching counsel-level attorneys about joining its non-equity tier since at least last summer, according to one Am Law 50 firm leader.
Deal Watch: Big Week for M&A, But Big Law Dealmakers Say It May Not Last
"The more significant challenge that leveraged M&A is facing is the breadth of available financing," noted Ethan Klingsberg at Freshfields.
Big Law Firms Call on Top Law Schools to Condemn Anti-Israel Protests, Harassment
A group of more than 200 leading law firms implored law schools to reign in "anti-Semitic activities" on campus as Israel's response to the Oct. 7 attacks draws protest worldwide.
Law Journal Press | Digital Book
District of Columbia Legal Malpractice Law 2024
Authors: Shari L. Klevens, Alanna G. Clair
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Firms Confront Tough Questions About Single-Tier Partnerships in Wake of Surging Profits
The decision to add a non-equity tier is often a play to compete for senior associate and counsel-level talent by offering the title of partner without diluting shares of the firm's equity, so firms can continue to pay for top-performing talent.
Deal Watch: Paul Weiss, Wachtell Lead $53B Energy Deal. How Many More Can We Expect?
"There may not be many mega-deals left, but we are likely to continue seeing consolidation in the industry," observed Luis Gomar, partner at Paul Hastings.
'US is Calling the Shots': The Power Shift That's Americanizing Freshfields
Once described as Anglo-German, the 280 year-old firm is steadily transforming itself into a U.S. firm, with far-reaching consequences for partners in its former power bases, insiders say.
Deal Watch: Something Is Amiss in Hong Kong
Anemic deal activity has law firms adjusting their staff levels and strategy in the region.
Deal Watch: A Light Week in Deals. Are Bonds to Blame?
Maybe not solely, but the high yield on bonds has mitigated lending, adding another brick to the sack being carried by dealmakers in 2023.TRENDING STORIES
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