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January 29, 2024 | The American Lawyer

Will Allen & Overy, Freshfields, Clifford Chance and Linklaters Find America's Streets Paved With Gold?

International law firms have been launching offices in the U.S. and paying top dollar for talent in the world's largest and most lucrative legal market. But growth potential exists elsewhere and firms shouldn't give the rest of the world short shrift, writes The Global Lawyer.
9 minute read
January 26, 2024 | The American Lawyer

Pressure on UK Law Firms as US Competitors Raise NQ Pay Again

As US firms match the Cravath scale, domestic UK firms will fear falling too far behind.
4 minute read
January 22, 2024 | The American Lawyer

Linklaters' US Struggle: A Unique Problem or a Wider Challenge Facing Top UK Firms?

Rivals, consultants and ex-Linklaters partners share views on the firm's recent US expansion and whether it could finally see the firm compete, or highlights a wider challenge facing UK-founded firms in the US.
5 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 04, 2024 | The American Lawyer

Kirkland, Goodwin Take Lead in M&A Tables, as Simpson and Weil Fall in Rankings

Amid the battle for the top M&A spot, 2023 was the slowest full-year period for dealmaking since 2013.
4 minute read
December 28, 2023 | The American Lawyer

Clifford Chance Top Earner Pockets Less as Staff Numbers, Costs Swell

The firm's total number of partners and staff costs rose, as it continued to grapple with its pension liability, the latest LLP accounts show.
3 minute read
December 27, 2023 | The American Lawyer

8 Stories That Changed the Legal Industry in 2023

From A&O Shearman to Israel-Gaza—here are our picks for the biggest stories of the year.
8 minute read
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 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
November 02, 2023 | The American Lawyer

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.
8 minute read

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