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Deal Watch: $9 Billion SPAC Deal Starts Week, Logistics Consolidation Mirrors E-Commerce Boom
SPACs are not only not going away, they keep getting bigger. And with brick-and-mortar businesses hurting because of the pandemic, logistics and transport companies are buying up competition to take advantage of increasing e-commerce demand.
Am Law 200 Firms Received $370 Million in PPP Loans, With Largest Firms Taking the Most
Newly released records show Big Law was happy to participate in the federal relief package, and the larger the firm, the more money they asked for.
The American Lawyer Industry Awards Finalists Are Announced
The winners will be selected at our annual awards gala, which will be held virtually on January 14.
Layoffs Continue, as Even Stable Firms Face Shifting Work Environment
"People who handle paper are in less demand. The nature of filing has changed. The need for receptionists is lower," said Altman Weil consultant Eric Seeger.
Hughes Hubbard, Amid Mounting Challenges, Undergoes 'Rebuilding'
Disagreements about compensation criteria and the value of a merger have accompanied a years-long decline in revenue, head count and profitability.
McDermott Adds 7-Lawyer Trade, Defense Team From Hughes Hubbard
The exit of the seven-lawyer team follows news that Hughes Hubbard laid off staff earlier in July and another partner departure from the trade practice.
Pay Cuts, Layoffs, and More: How Law Firms Are Managing the Pandemic
Our firm-by-firm guide to how law firms are protecting their bottom lines from the economic fallout of the coronavirus.
A 2nd Wave of Potential Layoffs Looms Over Law Firms' 3rd Quarter
"The next step is structural change," said law firm strategist Hugh Simons. "This is all coming at the normal timing of annual associate reviews."
Miller Canfield Conducts Attorney Layoffs, Furloughs After Receiving PPP Loan
The Detroit-headquartered firm cited the economic slowdown, particularly in the auto industry, behind its personnel cuts.
With PPP Money Dwindling and Cases Rising, 'Substantial Uncertainty' Remains for Firms
Law firms received millions in the form of loans and grants as part of the Paycheck Protection Program. But as the money begins to run out, and COVID-19 cases continue to rise, law firms are not out of the woods yet.TRENDING STORIES
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