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Baker & Hostetler Reverses Profitability Declines But Compensation Pressures Mount
Revenue grew by 7.6% in 2023 to top $971 million, while PEP rose by 3.6% to more than $1.8 million.
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.
Deal Watch: Wachtell, Paul Weiss and V&E Lead $26B Oil Merger as Deal Activity Soars
Energy and life sciences continue to lead the way in deal activity, but tech and other recently nascent sectors are showing signs of life.
As Associate Pay Raises Divide the Market, Several Law Firms Match, Others Hold Off
"Many do compete with the New York firms," said Wells Fargo's Owen Burman about D.C. firms. "But it's not universal."
Even With More Competition in DC, These Law Firms Still Have an Edge
D.C. firms say their deep regulatory and litigation background is working to their advantage, contributing to growing profits, particularly in years where transactional work has been softer.
Law Journal Press | Digital Book
District of Columbia Legal Malpractice Law 2024
Authors: Shari L. Klevens, Alanna G. Clair
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Deal Watch: Hogan Lovells and Wachtell Land Big Sports Deals
Professional and college sports were center stage this past week for lawyers.
Cravath Enters Modern Era of Big Law Amid Regular Rate of Partner Exits
"The tweaking of their model may have stopped some people from leaving, but they don't seem to be leveraging the other aspect of breaking lockstep to expand and grow," noted one observer.
Milbank Leaders Praise Non-Equity Partnership Tier Amid London Growth
The firm's famously high NQ pay is "indirectly demanded" by clients, London co-managing partner Andrej Wolf said.
Former FTC Commissioner Christine Wilson Joins Freshfields
Wilson, known for slamming FTC Chair Lina Khan in a public resignation letter, has joined Freshfields, where the firm said she will work with "senior executives and boards of directors" to navigate regulatory regimes.
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