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December 28, 2023 | The American Lawyer

Looking Back at the Law Firms That Didn't Survive 2023

From Stroock to Schnader, firms that failed struggled with common issues of recruitment, retention and financial obligations.
7 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 26, 2023 | The American Lawyer

Ex-Kirkland Associate Asks Court to Quash Firm's 'Invasive' Probe of Work History at Paul Hastings, Fish & Richardson

Plaintiff Zoya Kovalenko's original complaint against drew notice for inadvertently including comments that highlighted perceived weaknesses in her argument.
5 minute read
November 30, 2023 | The American Lawyer

Kirkland, Quinn, Davis Polk, Wachtell and Sidley Line Up to Match Cravath Salary Scale

Quinn Emanuel, which is matching the latest base salary scale and bonuses, is expecting profits to increase more than 20% this year.
5 minute read
November 29, 2023 | The American Lawyer

Paul Weiss, Dechert, Hogan, Proskauer and Baker McKenzie Match Cravath Salary Scale

Paul Weiss and Baker McKenzie also said they will pay "discretionary" or "premium" bonuses for high-performers.
3 minute read
November 28, 2023 | The American Lawyer

Cravath Exceeds Milbank Salary Scale for Senior Associates

Paul Hastings and McDermott said they will match the Cravath scale.
2 minute read
November 27, 2023 | The American Lawyer

Paul Hastings Continues Growing Funds Practice, Landing Partner From Skadden

Anna Rips, who was at Skadden for 17 years, is the eighth partner to join Paul Hastings' funds practice in the last nine months, the firm said.
3 minute read
November 16, 2023 | The American Lawyer

The American Lawyer Names Attorney of the Year, Law Firm of the Year and More

The American Lawyer Industry Awards honored the industry's best and brightest across several categories that recognize both historical excellence and the evolution of the business of law.
6 minute read
November 14, 2023 | The American Lawyer

Big Law Mergers: How to Catch a Falling Knife

History suggests that acquiring a "falling knife firm" can be accretive for the acquiring firm but that it requires something of the order of a 30% reduction in the equity partner ranks at the acquired firm, Hugh Simons writes.
9 minute read
November 13, 2023 | The American Lawyer

Paul Weiss Hires O'Melveny Partner to Co-Chair Financial Services Group

The New York law firm is the latest to recruit from a competitor to build its financial services regulatory group, amid sustained client demand in this practice.
3 minute read

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