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February 05, 2024 | The American Lawyer

Clifford Chance Lures 2 Partners From Kirkland & Ellis

As Clifford Chance continues expanding its energy and infrastructure capabilities in the U.S., the firm has hired partners in Houston and Washington, D.C.
3 minute read
January 31, 2024 | The American Lawyer

Big Law Rates Continue Rising, But Trail 2023 Increases So Far

The average Am Law 50 firm upped its rates by 8% to 10% in 2024, according to bankruptcy records.
3 minute read
January 30, 2024 | The American Lawyer

Deal Watch: Debt Offerings Surge as Markets Begin to Turn

"It is booming right now," said Wachtell partner John Sobolewski of the liability management market.
8 minute read
January 29, 2024 | The American Lawyer

Will Allen & Overy, Freshfields, Clifford Chance and Linklaters Find America's Streets Paved With Gold?

International law firms have been launching offices in the U.S. and paying top dollar for talent in the world's largest and most lucrative legal market. But growth potential exists elsewhere and firms shouldn't give the rest of the world short shrift, writes The Global Lawyer.
9 minute read
January 22, 2024 | The American Lawyer

Deal Watch: Big Week in Multiple Verticals in M&A

Skadden and Paul Weiss had multiple big deals in the last few days, as deals from tech, energy and PE power the week. And there were four new IPOs.
8 minute read
January 22, 2024 | The American Lawyer

Baker McKenzie Lands Latham Dealmaker to Head California PE Practice

With Eric Schwartzman's arrival, "we are going to build a full-sized PE practice in California," said Leif King, head of Baker McKenzie's California transactional group.
3 minute read
January 22, 2024 | The American Lawyer

Should US Law Firms Offer 20% Less Pay for 20% Less Work?

Slaughter and May recently formalized a reduced-hours trial, but American firms have typically reserved such accommodations for people with extenuating circumstances.
9 minute read
January 21, 2024 | The American Lawyer

The Time to Do a Transatlantic Merger is Now

As international GDP growth slows, law firms hoping to keep up with Kirkland, Latham, Skadden, and Simpson Thacher need to consider mergers involving the US, writes the Global Lawyer.
8 minute read
January 16, 2024 | The American Lawyer

Deal Watch: Kirkland, Akin Drive Energy Deals as Big Law Leans Into Sector for M&A

Four of the five announced M&A deals of more than $1 billion in the past week involved the energy and infrastructure sectors.
7 minute read
January 10, 2024 | The American Lawyer

Top Big Law Partners Are Earning More Than $2,400 Per Hour, as Rates Continue to Climb

Dechert has hiked its rates for a top partner by 20%, while McDermott is charging top partners out at $2,590 hourly, according to recent bankruptcy court filings.
3 minute read

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