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February 20, 2024 | The American Lawyer

Deal Watch: Wachtell and S&C Broker Largest M&A Deal Yet of 2024

The deal continues both Wachtell and Sullivan & Cromwell's dominance in financial institution M&A matters.
7 minute read
February 20, 2024 | The American Lawyer

Deals Are Back. But Don't Get Too Excited

Firms with large transactional practices may see the recent rush of deals as the sign they've been waiting for. The Global Lawyer suggests they may want to curb their enthusiasm.
8 minute read
February 15, 2024 | The American Lawyer

Revenue Up 11.2%, PEP Up 22.1% at Akin, as Aggressive Hiring Pays Off

Chairperson Kim Koopersmith said Akin Gump Strauss Hauer & Feld's record year is due to strategic hiring in important practices.
5 minute read
February 12, 2024 | The American Lawyer

To Implement Gen AI, Lawyers and Large Language Models Go Back to School

Law firms are training attorneys on prompt engineering and feeding data into LLMs to get both parties acquainted with each other.
7 minute read
February 05, 2024 | The American Lawyer

To Buy AI or Build AI? For Some of the Am Law 100, the Answer Is 'Both'

Given the cost and technical expertise required to develop large language models, it's not surprising the majority of firms interviewed by The American Lawyer are relying on tech vendors with pre-existing clout in the industry.
10 minute read
January 31, 2024 | The American Lawyer

Clients, Common Sense Drive Big Law Gen AI Policies

Most law firms aren't feeding client data into generative AI tools, but a handful have begun testing the technology on closed systems with client permission.
6 minute read
January 22, 2024 | The American Lawyer

Should US Law Firms Offer 20% Less Pay for 20% Less Work?

Slaughter and May recently formalized a reduced-hours trial, but American firms have typically reserved such accommodations for people with extenuating circumstances.
9 minute read
January 16, 2024 | The American Lawyer

Kirkland, Cooley, Crowell Bring 'Real Impact' C-Suite Leaders to Start the Year

The latest Big Law moves are part of a broader movement to increase skill sets and drive firms forward strategically and financially, at the C-level and elsewhere.
3 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 29, 2023 | The American Lawyer

The Stroock Files: The Journey Through Lateral Exits, Merger Talks and Dissolution

Over a year's worth of reporting on the issues and events that led to Stroock's downfall
8 minute read

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