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With Higher Optimism in Deal Market, Big Law Firms Recruit M&A Partners to Kickstart Year
For partners, make-whole signing bonuses are trending up again, said Major Lindsey recruiter Kirsten Keegan Vasquez, as firms become more comfortable spending on talent than they were in 2023.
Orrick's Data Breach Was Bigger Than Previously Reported
An additional 176,000 people were added to the affected cohort, while several other firms reported new data breaches at the end of 2023.
Kirkland, Goodwin Take Lead in M&A Tables, as Simpson and Weil Fall in Rankings
Amid the battle for the top M&A spot, 2023 was the slowest full-year period for dealmaking since 2013.
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.
8 Stories That Changed the Legal Industry in 2023
From A&O Shearman to Israel-Gaza—here are our picks for the biggest stories of the year.
Law Journal Press | Digital Book
District of Columbia Legal Malpractice Law 2024
Authors: Shari L. Klevens, Alanna G. Clair
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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.
On Top of Matching Pay Raises, Arnold & Porter Offers Higher Bonuses for High-Performers
Associates who billed 2,400-2,499 hours will receive an additional 10% bonus, while the firm will pay more for those who bill higher.
Deal Watch: Wachtell, Ropes Lead $10B Biotech Deal, and M&A Landscape Could Use Fewer 'Shock Waves'
Deals continue to come in, though not at a pace most would prefer. Debevoise's Michael Diz said the last couple of years have been one shock after another.
How Nelson Mullins Got Ahead of Miami's Boom by Moving in Via Merger
"By virtue of that combination, Nelson Mullins had connectivity throughout the state immediately, had productive lawyers producing and a profitable day one," said Miami partner John Haley.
Kirkland, Quinn, Davis Polk, Wachtell and Sidley Line Up to Match Cravath Salary Scale
Quinn Emanuel, which is matching the latest base salary scale and bonuses, is expecting profits to increase more than 20% this year.TRENDING STORIES
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