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Schiff Hardin, Seeking Merger Partner, Eyes Arent Fox
While neither Am Law 200 firm would confirm the discussions, they each commented in general on the desire to grow, and both firms have some similar financial metrics.
Resilient Firms Outperformed After 2008. Their Success Offers a Roadmap for 2021.
A dozen years of data since the Great Recession shows resilient law firms rose above the competition over the past decade. In the fraught present moment, history holds lessons for the latest competitive reset.
Early Reports: The 2021 Am Law 200 Financials
A collection of all The American Lawyer's reporting on how law firms fared in 2020, updated as we learn more.
Big Law Firms, GCs Form Pro Bono Alliance to Support Victims of Anti-Asian Hate
"Imagine you're an elder Asian American woman who gets attacked on the street, and all of a sudden you have a team of $1,000-an-hour lawyers representing you," founding alliance member and McDermott Will & Emery partner Wilson Chu said.
Hire Up: Large Firms Seek Out Regulatory Lawyers
Wiley Rein, Squire Patton Boggs and Gibson Dunn & Crutcher all noted pickups of lawyers from the public sector over the last several days.
Deal Watch: 2021's Two Biggest Deals So Far, and It's Already a Record Year for SPACs
In under three months, the number of SPACs has exceeded the record-setting amount from 2020.
Top Firms Have Accelerated Growth, but Clients Could Seek Middle Ground in 2021
For firms outside the Am Law 50, billing rate pressure and clients divvying up work more systematically may provide growth opportunities in 2021.
Expense Cuts, Early Planning Fueled Dorsey & Whitney's 2020 Profit Jump
"We looked to where we could make cuts on the personnel side and do it once—not have multiple rounds," managing partner Bill Stoeri said.
Reed Smith Launches Diversity Billable Hour Credit for All Timekeepers
Among other goals, Reed Smith intends to increase the number of Black attorneys at the firm by 50% in three years.
No Opportunity Wasted: Even as Lateral Hiring Cratered in 2020, Some Stayed Busy
The lateral market dried up when the pandemic hit, falling 30% compared with 2019. But recruiters and opportunistic firms were as busy as ever by year's end.TRENDING STORIES
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