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September 19, 2023 | The American Lawyer

The Year the Global 200 Law Firms Returned to Earth With a Bump

This year's rankings show a challenged set of results across the board, with one leader saying: 'I don't think there's ever been a period that has been so 'hot, and then cooled down so quickly'.
9 minute read
September 18, 2023 | The American Lawyer

Deal Watch: With IPOs 'in the Pipeline,' Big Law Now Awaits Comeback

"A number of our IPOs in the pipeline have either restarted or moved up their timeline," said Davis Polk's Richard Truesdell, adding, "We don't expect to see a broad recovery in the IPO market before Q1 2024."
10 minute read
September 12, 2023 | The American Lawyer

Kirkland Private Equity Departures Continue, as Goodwin Picks Up Partner in San Francisco

Leon Johnson's hiring is a signal that Goodwin is seeking to be a more comprehensive partner with its private equity clients as those firms diversify how they are investing their capital.
3 minute read
September 05, 2023 | The American Lawyer

Despite the Heat, Law Firms Are Still Building in Phoenix

Even as growth across the legal industry has tapered in 2023, the case for Phoenix remains strong.
4 minute read
August 29, 2023 | The American Lawyer

Deal Watch: S&C, Paul Weiss Lead $9.6B Big Sandwich Deal, Obstacles to M&A Ramp Up

M&A and deal activity is continuing in 2023, just less of it. And part of that is due to all the headwinds that keep popping up.
9 minute read
Law Journal Press | Digital Book District of Columbia Legal Malpractice Law 2024 Authors: Shari L. Klevens, Alanna G. Clair View this Book

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August 25, 2023 | The American Lawyer

A&O Shearman: The Compelling but Unspoken Rationale

Industry observer Hugh A. Simons dives into historical data and law firm dynamics to explore the true, though perhaps unspoken, benefits of a merger between Allen & Overy and Shearman & Sterling.
13 minute read
August 21, 2023 | The American Lawyer

Deal Watch: Kirkland Advises in $15B in Deals, Dealmakers Await Adoption of New PE Rules

While Kirkland had a big week in deals, the firm and others are facing significant changes in oversight rules for PE firms and hedge funds.
7 minute read
August 14, 2023 | The American Lawyer

In 'Big Deal' Move, Baker Botts Promotes 3 Women Partners to Department Chair

The corporate, intellectual property and litigation departments are now chaired by women partners, as Houston partner Danny David takes over as managing partner on Aug. 1.
4 minute read
July 24, 2023 | The American Lawyer

In SEC Battle, Covington Ordered to Disclose Names of 7 Clients

Judge Mehta said he understood and appreciated the policy concerns of Covington and the 83 law firms that backed it. "They are not unfounded," he said.
4 minute read
July 24, 2023 | The American Lawyer

The Evolving Role of Big Law Leadership

"We will see far fewer major law firm leaders have extended terms. The burnout risk is too great and the pressures too significant," noted Paul Weiss chair Brad Karp.
5 minute read

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