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April 29, 2024 | The American Lawyer

Deal Watch: Kirkland and Latham Pull Double Duty as PE Deals Flow

Private equity deals appear to be making a comeback this year.
8 minute read
April 26, 2024 | The American Lawyer

Employment Lawyers in Big Law Optimistic About More Work Ahead After Noncompete Rule

"If it did go into effect, certainly it's going to create a demand for people to make sure their nonsolicitation provisions are tightly drafted," said Ogletree partner Christine Bestor Townsend.
5 minute read
April 24, 2024 | The American Lawyer

Gibson Dunn, Sullivan & Cromwell Tapped to Challenge FTC's Noncompete Ban

Gibson Dunn's Eugene Scalia, the former U.S. labor secretary, is representing tax services firm Ryan LLC. Sullivan & Cromwell is representing the U.S. Chamber of Commerce.
3 minute read
April 22, 2024 | The American Lawyer

A Safe Bet? Lateral Hiring and Gambling on a Firm's Future

Lateral hiring is risky business. The Global Lawyer asks, is the gamble worth it?
8 minute read
April 18, 2024 | The American Lawyer

What It Means to be a Law Firm Partner Now

Instead of moving lawyers to the equity ranks, or keeping them as associates or counsel, there is a shift inside Big Law to make more lawyers salaried partners.
6 minute read
April 16, 2024 | The American Lawyer

Power Ranking the Am Law 100: Flash Points Ahead

Facing market volatility and AI disruption, winning firms reinvest for renewal and reinvention.
16 minute read
April 16, 2024 | The American Lawyer

Ballooning Nonequity Partnerships Are Boosting Leverage, But Will They Raise Profits?

For the first time, law firms added nearly as many nonequity partners as they did associates.
6 minute read
April 16, 2024 | The American Lawyer

Showcasing Resilience of the Industry, Am Law 100 Firms Turn in Strong 2023

After taking a couple of body blows in 2022 and not knowing how the legs would hold up, Big Law was just waiting to counter.
10 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Average Compensation - All Partners

Average Compensation–All Partners increased by 6.2% in 2023. Seventy-two firms posted increases, compared with 41 the previous year. Twenty firms posted double-digit gains, while five firms posted double-digit losses.
2 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Profits Per Lawyer

Profits per lawyer is an alternative way of looking at firm profitability, intended to reduce the influence of factors such as leverage. The average is about $518,000, and the list-topper is about $3.04 million.
2 minute read

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