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January 02, 2024 | The American Lawyer

Deal Watch: Big Law Dealmakers Are Evaluating These Factors to Assess 2024 Market

Frank Aquila, partner in Sullivan & Cromwell's corporate group, said the tempering of inflation and the broader economic news that ushers in could be a boon for M&A in 2024.
11 minute read
December 29, 2023 | The American Lawyer

In 2023, Group Lateral Moves Proved Economy-Proof as Firms Advanced Strategic Growth

"The big group moves are driven by the stars that are part of those groups," said Macrae recruiter Justine Donahue. "The high rainmakers can command a group to move with them based on their clients and their brand name."
5 minute read
December 27, 2023 | The American Lawyer

Key Regulatory, Enforcement Practices Drove DC Law Firm Hiring in 2023

While law firms in D.C. may have been more cautious with hiring, sustained demand for regulatory and enforcement practices have also had a positive effect on firms' profits.
5 minute read
December 19, 2023 | The American Lawyer

'Where Others Are Faltering, We're Leaning In': Sidley Austin's Leaders on the Firm's Long Game

Major hires from firms like Paul Weiss put the firm on everyone's radar this year; and potential culture clashes aren't dampening the firm's appetite for expansion and disruption, and not just in private equity.
7 minute read
December 19, 2023 | The American Lawyer

'Where Others are Faltering, We're Leaning In': Sidley Austin's Leaders on the Firm's Long Game

Major hires from firms like Paul Weiss put the firm on everyone's radar this year; and potential culture clashes aren't dampening the firm's appetite for expansion and disruption, and not just in private equity.
7 minute read
Law Journal Press | Digital Book District of Columbia Legal Malpractice Law 2024 Authors: Shari L. Klevens, Alanna G. Clair View this Book

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December 19, 2023 | The American Lawyer

Turnover in Big Law Leadership Manifests as 'Great Growth Race' Kicks Into High Gear

At least 30 large law firms have announced some kind of leadership transition within the last year or so. "It's been an exciting but challenging and exhausting few years," noted one Am Law 100 leader.
5 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
December 08, 2023 | The American Lawyer

Layoffs at K&L Gates Hit Associates in Chicago, Boston, DC, Pittsburgh

Every year, K&L Gates manages headcount based on "personnel performance, client demand and related reviews," which typically result in "personnel decisions," the firm's representative said in a statement. Leaders declined to comment directly on the cuts.
3 minute read
November 29, 2023 | The American Lawyer

Is Singapore the Answer to US Law Firms' Woes in Asia?

Singapore, widely considered a gateway to Southeast Asia, has become a beacon for global advisers and investors over the past few years. But it's not that simple.
4 minute read
November 27, 2023 | The American Lawyer

Countercyclical and Regulatory Practices Dominate Partner Promotions in 2023

Am Law 100 firms are promoting roughly the same number of partners as last year, but groups like debt finance, antitrust and tax are growing faster than most corporate practices.
4 minute read

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