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February 27, 2023 | The American Lawyer

Perkins Coie Lays Off 58 Business Professionals

In an internal memo, the firm cited "macroeconomic conditions" as well as "increased expenses" that surpass the rate of revenue growth this year.
2 minute read
February 15, 2023 | The American Lawyer

As Law Firms Push Aggressive Rate Increases, Clients Have Room to Negotiate

Some rate increases last year were "shocking at the high end," according to a new rate report, noting about 15% of Am Law 100 firms increased their rates between 10% and 20%.
5 minute read
February 13, 2023 | The American Lawyer

Procopio Lays Off 3% of Attorneys and Staff, Citing Continued Economic Headwinds

The San Diego-based firm is the third Am Law 200 firm to conduct layoffs in the past week.
2 minute read
February 08, 2023 | The American Lawyer

Shearman & Sterling Lays Off Associates and Staff

The firm said it is laying off 26 business professionals and 12 associates, "focused mainly on transactional practice areas most affected by current and projected market conditions."
3 minute read
January 24, 2023 | The American Lawyer

Why Financial Regulation Is Big Law's Newest Battleground

Law firms large and small are heavily investing in financial regulation and ex-government lawyers as demand skyrockets at the cross-sector between financial services and tech.
4 minute read
November 11, 2022 | The American Lawyer

The American Lawyer Names Attorney of the Year, Law Firm of the Year and More

Law Firm of the Year went to Ropes & Gray while Latham & Watkins won Law Firm Corporate Practice of the Year. Other honors included lifetime achievers, young lawyers of the year and a suite of industry awards aimed at honoring the evolution of the profession.
10 minute read
October 03, 2022 | The American Lawyer

Law Firm Mergers Still Below Average but 'Robust' Activity Expected Soon

Rising fears of a recession as well as some law firms reigniting combination talks may drive more law firm mergers soon.
5 minute read
August 04, 2022 | The American Lawyer

History Makers and Innovators: The American Lawyer Industry Awards Finalists Announced

Dr. Clarence B. Jones, who served as personal counsel to Dr. Martin Luther King, Jr., and Rep. Jamie Raskin are among the inspirational crop of leaders, civil rights pioneers, innovators and client champions who will be part of the industry's biggest awards night of the year.
6 minute read
July 22, 2022 | The American Lawyer

The 'Largest Potential for Growth': A Firm's Existing Client Relationships

Two recent law firm combinations have boosted Crowell's bona fides and that's given the firm the ability to "augment and enrich existing client relationships," said firm chair Philip Inglima.
5 minute read
July 17, 2022 | The American Lawyer

Over 2,200 Male Partners Start Own Call to Action Post-Dobbs

The effort is in solidarity with a similar effort by thousands of women law firm partners who pledged to support reproductive rights in the wake of the overturning of Roe v. Wade.
67 minute read

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