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April 10, 2023 | The American Lawyer

Associate's Slide Highlights 'Reinforcement of Culture' Doesn't Only Come From Top

The slide by a Paul Hastings associate demonstrates how tone, culture and expectations can be set throughout the law firm—not just by those sitting in the executive ranks.
6 minute read
March 30, 2023 | The American Lawyer

What Goes Up Must Come Down: NY Firms Come Back to Earth After Record 2021

Double-digit drops in revenue, PEP and other key financial metrics were the norm in 2022 for New York's elite firms.
7 minute read
March 28, 2023 | The American Lawyer

Deal Watch: Deals Down, Debt Offerings Up as Banking Saga Continues

Davis Polk's Neil Barr said it's too early to say whether the events of the past two-plus weeks will have a lasting impression on both the banking industry and the deal market moving forward.
7 minute read
March 21, 2023 | The American Lawyer

Deal Watch: Cleary Leads Big Week in Deals as Bank Crises Bring More Work to Law Firms

Deal activity is strong for the second straight week, while a host of law firms landed on several big bank collapse deals.
9 minute read
March 20, 2023 | The American Lawyer

Debevoise's Revenue Stays Flat As Profits Take A Hit

With an 11.8% decline in PEP, Debevoise's growing headcount and its move to a new Manhattan headquarters contributed to some of its increased expenses last year.
4 minute read
March 15, 2023 | The American Lawyer

Accountable AI is Here to Stay, and Big Law Has Taken Notice

"This is of interest to everyone and my mother because it has so much potential to impact people, both good and potentially bad," Gibson Dunn's AI leader Vivek Mohan said. "People want to see responsibility and guardrails put in place, to unlock the opportunity of the tech while not having us end up like 'Terminator 2.'"
7 minute read
March 06, 2023 | The American Lawyer

DLA Piper Adds AI, Data Analytics Practice with Ex-Faegre Drinker Team

The new practice will help clients develop artificial intelligence tools and navigate increasing regulatory scrutiny.
2 minute read
February 27, 2023 | The American Lawyer

Deal Watch: Debevoise, Kirkland and V&E Lead $7B Merger, and When Are IPOs Going to Be a Thing Again?

A moderately busy week in M&A saw one big deal, several smaller ones—and even an IPO. Proskauer partner Kristina Trauger sees room for optimism in IPO activity this year.
9 minute read
February 27, 2023 | The American Lawyer

AI Has Gone Mainstream. Debevoise Is Ready

Debevoise's AI-dedicated practice includes Avi Gesser and six associates, up from three associates 18 months ago.
6 minute read
February 22, 2023 | The American Lawyer

83 Firms to SEC: Don't Tread on Me

The firms all signed onto an amicus brief opposing the regulator's effort to compel Covington & Burling to disclose confidential client information.
8 minute read

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