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May 02, 2024 | The American Lawyer

Davis Polk Takes Paul Hastings' Former Co-Head of Global Finance in London

In a statement about Luke McDougall's exit, Paul Hastings expressed confidence in the London office and across the firm generally, citing an uptick in work so far in 2024.
4 minute read
April 29, 2024 | The American Lawyer

Deal Watch: Kirkland and Latham Pull Double Duty as PE Deals Flow

Private equity deals appear to be making a comeback this year.
8 minute read
April 29, 2024 | The American Lawyer

Weil Gotshal Hong Kong Managing Partner Leaves For GC Role

If the firm chooses to shutter its Shanghai operation, it will have just its Hong Kong office left in Asia.
3 minute read
April 23, 2024 | The American Lawyer

Deal Watch: Skadden, Sidley, Slaughter and S&C Lead Big Paper Deal, While Private Funds Grow Massive

The growth of private debt and equity funds is fueling support for their corporate practices, evident in the Am Law 100 financial results.
7 minute read
April 16, 2024 | The American Lawyer

Power Ranking the Am Law 100: Flash Points Ahead

Facing market volatility and AI disruption, winning firms reinvest for renewal and reinvention.
16 minute read
April 16, 2024 | The American Lawyer

Ballooning Nonequity Partnerships Are Boosting Leverage, But Will They Raise Profits?

For the first time, law firms added nearly as many nonequity partners as they did associates.
6 minute read
April 16, 2024 | The American Lawyer

Showcasing Resilience of the Industry, Am Law 100 Firms Turn in Strong 2023

After taking a couple of body blows in 2022 and not knowing how the legs would hold up, Big Law was just waiting to counter.
10 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Average Compensation - All Partners

Average Compensation–All Partners increased by 6.2% in 2023. Seventy-two firms posted increases, compared with 41 the previous year. Twenty firms posted double-digit gains, while five firms posted double-digit losses.
2 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Profits Per Lawyer

Profits per lawyer is an alternative way of looking at firm profitability, intended to reduce the influence of factors such as leverage. The average is about $518,000, and the list-topper is about $3.04 million.
2 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Profits Per Equity Partner

For the Am Law 100 as a whole, average PEP was up by 9.3% in 2023. Thirty-seven firms had growth rates of at least 10%, compared to 14 last year. Twenty firms had declines in 2023.
2 minute read

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