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Deal Watch: This M&A Partner Just Had Two Big Deals on Same Day
Karessa Cain led Wachtell teams for eBay and Jacobs Solutions for deals announced on same day.
Billing Rates Accelerated Again. Big Law Will Likely Keep Foot on the Pedal
Rate increases, by an average of nearly 8%, have helped the industry see an uptick in revenue between the second and third quarters.
Where Are the Milbank Pay Matches? Mixed Market Signals Weigh on Law Firms
"It's a bit telling of how the overall market is kind of feeling at the moment. There's going to be a lot of variability in how firms perform this year," noted New York legal recruiter Scott Yaccarino.
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."
'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.
Law Journal Press | Digital Book
Anatomy of a Merger: Strategies and Techniques for Negotiating Corporate Acquisitions
Authors: James C. Freund
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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.
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.
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.
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.
Big Law Firms Call on Top Law Schools to Condemn Anti-Israel Protests, Harassment
A group of more than 200 leading law firms implored law schools to reign in "anti-Semitic activities" on campus as Israel's response to the Oct. 7 attacks draws protest worldwide.TRENDING STORIES
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