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April 05, 2024 | The American Lawyer

Manatt Posts Sizeable Gains After a Year of Integration and Countercyclical Opportunities

"When we see an area get soft, we see it as creating openings for us and we try to go countercyclical," Manatt CEO and managing partner Donna Wilson said.
4 minute read
April 01, 2024 | The American Lawyer

Ballooning Nonequity Tiers Will Require Law Firms to Manage Ranks Closely

"Given the equity partner promotion ratios, [firms] could be looking at a long-term problem," said law firm consultant Brad Hildebrandt.
6 minute read
March 28, 2024 | The American Lawyer

Revenue Rises Again at Sheppard Mullin, Along With Demand in Countercyclical Practices

Marking 32 years straight of higher revenue, rising 6.5% in 2023, Sheppard, Mullin, Richter & Hampton also saw even healthier increases in net income and profits per equity partner.
5 minute read
March 22, 2024 | The American Lawyer

Orrick Shutters Pair of Offices in Attempt to 'Rebalance' Regional Platform

The market downturn in Asia has forced many international firms to cut back on their operations in the region, especially in Greater China. In the past year, Latham & Watkins, Perkins Coie, Proskauer Rose, and Akin Gump Strauss Hauer & Feld have all shuttered offices in mainland China.
4 minute read
March 04, 2024 | The American Lawyer

Deal Watch: Davis Polk, Latham and Simpson Land on Rising Debt Deal Work

The number of announced debt offerings hit an all-time high for the Deal Watch column in the last week, with no fewer than 20.
11 minute read
March 04, 2024 | The American Lawyer

Boeing Turns to String of Big Law Firms for Latest Legal Troubles

While the aviation giant retained Perkins Coie to handle a new suit related to a door plug blowout, Boeing is also working with several others, such as Kirkland & Ellis and McGuireWoods, for ongoing matters.
4 minute read
February 20, 2024 | The American Lawyer

Deals Are Back. But Don't Get Too Excited

Firms with large transactional practices may see the recent rush of deals as the sign they've been waiting for. The Global Lawyer suggests they may want to curb their enthusiasm.
8 minute read
February 15, 2024 | The American Lawyer

Revenue Up 11.2%, PEP Up 22.1% at Akin, as Aggressive Hiring Pays Off

Chairperson Kim Koopersmith said Akin Gump Strauss Hauer & Feld's record year is due to strategic hiring in important practices.
5 minute read
February 13, 2024 | The American Lawyer

Haynes and Boone Chief DEI Officer Named as Defendant in Bankruptcy Adversary Action

Sharon Jones, a Haynes and Boone partner in Dallas and the firm's chief diversity, equity and inclusion officer, faces a breach of fiduciary duty cause of action in an adversary action filed in the Chapter 7 of diversity consulting company Jones Diversity.
3 minute read
February 13, 2024 | The American Lawyer

Skadden and Squire Build DC Partner Ranks With Government Hires

James Danly, who was FERC chair, has rejoined Skadden as head of its energy regulatory group, while Squire has added Bridget McGovern, who was an assistant secretary at the Homeland Security Department.
3 minute read

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