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April 09, 2024 | The American Lawyer

IPO to Insolvency: Big Law Isn't Done Making Money on EV SPACs

"They didn't care because they were making too much money off of it, and now it's especially sad that they're finding yet another way to make money off of the very problems they helped create," Yale Law School professor John Morley said of the corporate lawyers who participated in the frenzy.
8 minute read
April 02, 2024 | The American Lawyer

Deal Watch: Latham, Weil Lead Home Improvement Deal; Dealmakers Face Election Headwinds

While the previous few weeks have shown strong M&A volume, this past week underscores that nothing can be taken for granted about the deal market in 2024.
8 minute read
April 01, 2024 | The American Lawyer

The Challenge of China: What Will Kirkland, Latham and the Rest of Big Law Do Now?

It's getting increasingly difficult to operate a law firm in Greater China, writes The Global Lawyer. How long can Big Law last?
6 minute read
April 01, 2024 | The American Lawyer

DOJ Antitrust Leaders Exit for Skadden, Foley & Lardner

The lawyers were chief and assistant chief in the Washington criminal II section of the DOJ's antitrust division.
3 minute read
March 28, 2024 | The American Lawyer

The Law Firm Disrupted: Are Big Law's Remote Lawyers a Vanishing Species?

New NALP figures show that the number of law firms willing to hire associates and partners in areas where they don't have offices is steadily declining.
5 minute read
March 27, 2024 | The American Lawyer

Weil Gotshal Shutters Beijing and Mulls Shanghai Closure

Weil joins a growing line of top U.S. law firms that have closed offices in mainland China as the fractious geopolitical relationship between the U.S. and China and the prolonged market downturn force the world's top-performing law firms to reconsider their investments in China.
3 minute read
March 25, 2024 | The American Lawyer

The Global Lawyer: How to Grow Fast Like Kirkland

Class actions are set for significant growth across the globe and law firms that corner the market could reap big rewards, Paul Hodkinson writes.
6 minute read
March 22, 2024 | The American Lawyer

Orrick Shutters Pair of Offices in Attempt to 'Rebalance' Regional Platform

The market downturn in Asia has forced many international firms to cut back on their operations in the region, especially in Greater China. In the past year, Latham & Watkins, Perkins Coie, Proskauer Rose, and Akin Gump Strauss Hauer & Feld have all shuttered offices in mainland China.
4 minute read
March 20, 2024 | The American Lawyer

Revenue Up 6.2% at Orrick, But Profits Grew by Much More

Demand in practices, including litigation, cybersecurity and privacy, and finance, helped Orrick Herrington & Sutcliffe post a third straight year of revenue growth.
5 minute read
March 20, 2024 | The American Lawyer

Tech Transactions Took a Beating the Last Two Years. But These Law Firms Are Staying the Course

Interviews with leaders at tech law firms don't indicate a shift in strategy. And despite all the layoffs, their financial results and trajectories in the rankings show how they are keeping pace in the industry.
10 minute read

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