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November 13, 2023 | The American Lawyer

Deal Watch: IPOs Not Coming Back in 2023

Wilson Sonsini's Michael Nordtvedt noted that boards and management teams are "leaving optionality for IPOs in the second half of 2024."
6 minute read
November 13, 2023 | Law.com

Associate Pay Raises Escalate GC Fears of Billing Rate Hikes: The Morning Minute

The news and analysis you need to start your day.
4 minute read
November 13, 2023 | The American Lawyer

'Tone Deaf' or 'Sign of Healthy Industry'? Am Law 100 Firm Leaders Weigh In on Milbank Raises

Some leaders in the lower half of the rankings no longer see elite firms' pay raises as a competitive pressure because the market has become so stratified.
8 minute read
November 10, 2023 | Law.com

The Law Firm Disrupted: 'Do You Want a Piece of This or Not?'

One leading alternative legal service provider is playing the long game when it comes to broader reforms to law firm ownership regulations.
4 minute read
November 10, 2023 | Law.com

How Many Firms Will Follow Milbank's Raises?: The Morning Minute

The news and analysis you need to start your day.
3 minute read
November 10, 2023 | The American Lawyer

Associate Pay Raises Escalate GC Fears of Billing Rate Hikes

Some GCs are voicing concerns about further rate hikes after associate pay raises. But Milbank's chair said the salary raises wouldn't have a material effect on its billing rate decisions in the future.
5 minute read
November 09, 2023 | Corporate Counsel

FDA Plan for Reviewing AI-Enabled Medical Devices Isn't Quite Computing

"I think the FDA is struggling to get its arms around how to regulate it," said Kyle Faget, a partner at Foley & Lardner. "We're really in the nascent stage with AI."
5 minute read
November 08, 2023 | The American Lawyer

Top Performers 'Likely' to Raise Associate Pay After Milbank's Move, but Broad Hesitancy Lingers

The market hesitation was underscored by the lack of immediate, similar moves. Some firms were still waiting on other market leaders to move, sources said.
6 minute read
November 07, 2023 | The American Lawyer

Milbank Raises Associate Salaries and Announces Year-End Bonuses

The firm's chair pointed to "a very, very busy year" across the firm—one in which productivity was "materially" increased, as well as increasing cost of living.
2 minute read
November 07, 2023 | The American Lawyer

Deal Watch: Big Week for M&A, But Big Law Dealmakers Say It May Not Last

"The more significant challenge that leveraged M&A is facing is the breadth of available financing," noted Ethan Klingsberg at Freshfields.
8 minute read

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