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March 28, 2023 | The American Lawyer

Am Law 200 Firm Leaders Aren't Sweating Double-Digit Profit Drops. Here's Why

For some, the dip was a necessary consequence of spending more on travel for much-delayed in-person meetings. For others, 2022 was the right time to invest in growth aimed at generating long-term rewards.
7 minute read
March 13, 2023 | The American Lawyer

Deal Watch: Wachtell, SullCrom Lead $43B Biotech Deal, Failed Banks Muddy Deal Waters

Even the best week of M&A thus far in 2023 came with a wrinkle, as the collapse of two regional banks is spurring concerns about the overall banking apparatus in the United States.
9 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
February 13, 2023 | The American Lawyer

Deal Watch: Davis Polk and Others See See Steady Activity in Debt Deals

John Meade of Davis Polk said he has seen an uptick in a subset of the investment grade debt market, particularly in "green" or "sustainable" type deals.
7 minute read
February 06, 2023 | The American Lawyer

Deal Watch: Cravath, Dechert, Simpson and Schulte Guide Financial Firm Merger Amid Another Slow M&A Week

While Big Law steered a few big announced mergers in the last week, mega deals continued to trickle. A slowdown in leverage finance deals was partly behind last year's drop in M&A. And it may continue this year.
5 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
January 17, 2023 | The American Lawyer

Deal Watch: Davis Polk, Sidley and Wachtell Steer Talks of $7.6B Deal Proposal

Skadden, Kirkland, Paul Weiss, Cooley, Covington and others are advising on several other smaller deals announced in the last week, but 2023 deal flow remains sluggish.
7 minute read
January 11, 2023 | The American Lawyer

In Recession Planning, Firms See 'Opportunities' and 'Challenges'

Bet-the-company transactions are down, but litigation, restructuring and smaller deals offer a way forward.
6 minute read
December 28, 2022 | The American Lawyer

From Russia's Attack to Partner Track: 5 Stories That Defined 2022

From Hong Kong's fall and associate discontent to industry-shaking moves, here are the five things that made 2022 a memorable year.
6 minute read
December 16, 2022 | The American Lawyer

Some Law Firms Offer 'Superstar' Bonuses as Many Others Tread Carefully Amid Uncertainty

DLA Piper and Katten Muchin are the latest Big Law firm to sweeten the bonus pot for high-billers, though many firms are proceeding with caution given the uncertainty of 2023.
4 minute read

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