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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 14, 2024 | The American Lawyer

Weil Private Credit Partner Jumps to Dechert Amid Growing Signs of Transactional Thaw

Eliot Relles arrived at Weil, Gotshal & Manges four years ago after serving as co-chair of Schulte Roth & Zabel's finance practice.
4 minute read
February 12, 2024 | The American Lawyer

As Associate Pay Raises Divide the Market, Several Law Firms Match, Others Hold Off

"Many do compete with the New York firms," said Wells Fargo's Owen Burman about D.C. firms. "But it's not universal."
5 minute read
January 31, 2024 | The American Lawyer

Big Law Rates Continue Rising, But Trail 2023 Increases So Far

The average Am Law 50 firm upped its rates by 8% to 10% in 2024, according to bankruptcy records.
3 minute read
January 29, 2024 | The American Lawyer

We Asked Every Am Law 100 Law Firm How They're Using Gen AI. Here's What We Learned

At least 41 of the U.S.'s highest grossing firms are putting the much-discussed technology to use, exploring opportunities for legal work and on the business side of operations.
10 minute read
January 25, 2024 | The American Lawyer

Kilpatrick's Strategy Seeks to Build on IP Success to Keep Growing Corporate Work

Most of the firm's middle-market private equity clients find the firm's rate structure, including "a fixed-fee basis and lower overall transaction cost, to be a better fit with their cost structure," Kilpatrick Townsends Ben Barkley.
5 minute read
January 22, 2024 | The American Lawyer

Deal Watch: Big Week in Multiple Verticals in M&A

Skadden and Paul Weiss had multiple big deals in the last few days, as deals from tech, energy and PE power the week. And there were four new IPOs.
8 minute read
January 10, 2024 | The American Lawyer

Top Big Law Partners Are Earning More Than $2,400 Per Hour, as Rates Continue to Climb

Dechert has hiked its rates for a top partner by 20%, while McDermott is charging top partners out at $2,590 hourly, according to recent bankruptcy court filings.
3 minute read
December 18, 2023 | The American Lawyer

Proskauer Layoffs Underscore String of Big Law Cuts in 2023

The firm's moves are consistent with a slew of large law firms making staff and associate cuts in 2023, as firms focused on efficiency, outsourcing and productivity in a year of declining demand.
8 minute read
November 30, 2023 | The American Lawyer

Kirkland, Quinn, Davis Polk, Wachtell and Sidley Line Up to Match Cravath Salary Scale

Quinn Emanuel, which is matching the latest base salary scale and bonuses, is expecting profits to increase more than 20% this year.
5 minute read

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