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January 23, 2024 | The American Lawyer

McDermott Lands Julia Boyd for PE Group, Anticipating Strong Year for Transactions

Boyd, a co-founder of the Senior Women in Private Equity network, is moving her practice from Reed Smith to McDermott, anticipating the bulk of her client base to join her.
2 minute read
January 16, 2024 | The American Lawyer

McDermott Lures 5-Lawyer Health Care Team From Wilson Sonsini

The lateral group, with a focus on FDA and regulatory compliance, will provide a boost to McDermott's health-care practice, particularly with M&A activity projected to pick up in 2024, the firm said.
2 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
January 08, 2024 | The American Lawyer

Deal Watch: Cravath, Skadden, Shearman, K&L Gates Steer Health Care Deals Amid Industry Momentum

"We are cautiously optimistic the healthcare and pharma IPO market will gain strength in 2024," said McDermott partner Todd Kornfeld.
7 minute read
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

The Stroock Files: The Journey Through Lateral Exits, Merger Talks and Dissolution

Over a year's worth of reporting on the issues and events that led to Stroock's downfall
8 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 27, 2023 | The American Lawyer

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.
8 minute read
December 20, 2023 | The American Lawyer

Big Law's Return-to-Office Journey Still Not Complete, but More Settled Now

"The overwhelming majority of our colleagues are complying," noted Davis Polk's Neil Barr. "I know not everyone loves it, but from the institution's perspective, we are in a good spot."
6 minute read
December 04, 2023 | The American Lawyer

Moving to Diversify Practices, Cahill Adds M&A, Corporate Advisory Partners From Stroock

"Ultimately, as part of our strategy moving forward, the firm wants to diversify," said incoming co-chair Herb Washer. "Diversify the client base, the practices, areas of expertise."
3 minute read

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