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April 08, 2024 | The American Lawyer

Simpson Thacher Recruits Milbank Partner to Continue Building Energy Practice

Javad Asghari is the latest partner addition at Simpson Thacher in the energy and infrastructure space.
2 minute read
April 08, 2024 | The American Lawyer

Elite New York Law Firms Outperformed Market, as Firms Invested in Both Equity, Nonequity Tiers

Several New York law firms last year even bested their 2021 performance during the heyday of the deal market.
19 minute read
April 04, 2024 | The American Lawyer

Cahill Drops 2.9% in Revenue as Firm Plans Long-Term Adjustments

Firm chair Herb Washer said Cahill is looking to diversify its practice mix to mitigate the highs and lows of a market-dependent practice.
6 minute read
March 26, 2024 | The American Lawyer

Nonequity Partner Growth Kicks Into High Gear

Several Am Law 100 firms grew their income partner ranks by double-digit percentages in 2023. Multiple factors are pushing firms to rapidly expand this tier of partners, observers say.
7 minute read
March 25, 2024 | The American Lawyer

The Law Firms and Lawyers That Benefit Most From Private Equity Designation

An in-depth investigation featuring interviews with a wide range of market leaders has shown the law firms and lawyers that frequently get designated mandates on private equity transactions in the UK.
5 minute read
March 25, 2024 | The American Lawyer

Mintz Sees Revenue Hit All-Time High as Profits Dip Amid Office Expansion

"Our profits per equity partner were down, but we baked that in," said Robert Bodian. "That reflects a significant investment in Toronto and Miami, and we finance everything through our profits."
5 minute read
March 19, 2024 | The American Lawyer

PEP Talk: The Am Law 100's Quiet Boost

If only we could boost the legal industry's mental health as easily as U.S. law firms are boosting profits, the Global Lawyer writes.
8 minute read
March 18, 2024 | The American Lawyer

Deal Watch: Big Energy and Pharma Deals Continue to Drive M&A

Five of the six announced deals over $1 billion in the last week occurred in either the life sciences or energy sector.
10 minute read
March 08, 2024 | The American Lawyer

Baker & Hostetler Reverses Profitability Declines But Compensation Pressures Mount

Revenue grew by 7.6% in 2023 to top $971 million, while PEP rose by 3.6% to more than $1.8 million.
6 minute read
March 06, 2024 | The American Lawyer

McDermott Takes Ashurst Duo in Germany, Milbank Hires From Kirkland

Ashurst has also lost another partner, to Baker McKenzie, in Germany.
3 minute read

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