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March 17, 2017 |

Choate Posts Record Revenue, Profit After 5th Consecutive Year of Growth

Choate Hall & Stewart reported record-high revenue and profit in 2016 and its revenue per lawyer is now among the highest of any law firm based in the U.S.
18 minute read
March 14, 2017 |

With Profits Up 75 Percent, Burford's Results Reveal Evolving Litigation Funding Industry

Burford Capital Ltd. announced another banner financial year Tuesday, with profit after tax rising 75 percent from the year prior as the publicly traded litigation funder committed $378 million to new investments, a yearly increase of 83 percent.
9 minute read
March 12, 2017 |

Deal Watch: Skadden Basks in SunEdison's Bankruptcy Glow

Skadden, which has billed SunEdison Inc. for more than $38.4 million in legal fees and expenses since the start of the solar energy giant's Chapter 11 case last year, is advising the company on the $1.41 billion sale of two key subsidiaries. The firm is also advising a major Hollywood talent agency on another notable deal.
52 minute read
March 09, 2017 |

Jay Clayton, SEC Chair Nominee, Pulled in $7M From Sullivan & Cromwell Last Year

Benefitting from a client roster that includes big banks, British Airways and Volkswagen AG, longtime Sullivan & Cromwell partner Jay Clayton raked in $7.6 million in the year leading up to his nomination to lead the U.S. Securities and Exchange Commission.
19 minute read
March 08, 2017 |

Arnold & Porter Weathered Declines Ahead of Kaye Scholer Deal

Financial results for Washington, D.C.-based Arnold & Porter slipped for a second straight year as it prepared for its January merger with New York's Kaye Scholer.
34 minute read
March 08, 2017 |

Gross Revenue, Net Income Up at Haynes and Boone

Tim Powers, managing partner of the Dallas-based Haynes and Boone, said the firm added laterals in 14 of 15 offices in 2016.
7 minute read
March 07, 2017 |

DLA Postpones Pay Reviews to Give Management More Time to Assess Moves by Competitors

DLA Piper has delayed pay reviews for its lawyers by two months to allow management more time to assess moves made by competitor firms.
14 minute read
March 07, 2017 | International Edition

Wells Fargo appoints top Cravath partner as new GC after bank cuts compensation for predecessor

Former Cravath presiding partner to lead US bank's legal team after 'sham account' scandal
3 minute read
March 06, 2017 |

Cravath Partner Allen Parker Is Named Wells Fargo GC

C. Allen Parker, a Cravath, Swaine & Moore partner in New York who has long represented big banks on corporate matters, was named Monday the next top lawyer for Wells Fargo & Co.
12 minute read
March 06, 2017 |

Soft Demand Drags Pa. Law Firms Back Down to Earth

Big law firms based in Pennsylvania faced a reality check in 2016, as weak demand for legal services took its toll.
29 minute read

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