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March 12, 2024 | The American Lawyer

Paul Weiss, Seeing Record Year in Revenue and Profits, Plans Compensation, Partnership Changes

The growth, including crossing the $2 billion mark in revenue, comes as Paul Weiss has decided to move to a two-tier partnership and a black-box compensation system for partners, said firm chair Brad Karp.
7 minute read
March 12, 2024 | The American Lawyer

Anticipating Transactional Rebound, Am Law 50 Steps Up Partner Hiring in Early 2024

"It shows optimism about what's to come," Macrae partner Jon Truster said. "I don't believe that the hiring is reflective of deal activity. I think it's law firms being more opportunistic that their corporate departments will become busier."
6 minute read
March 11, 2024 | The American Lawyer

Kingmakers: The Lawyers that Designate the Most Private Equity Mandates

Law.com International spoke with top UK finance partners, their rivals and recruiters, among other market commentators, to find the most frequently named lawyers to have power or influence while designating private equity mandates.
7 minute read
March 07, 2024 | The American Lawyer

So Far in 2024, Law Firms Are Building on Bankruptcy

Clifford Chance joins Morrison Foerster, Seyfarth Shaw and Selendy Gay in making restructuring hires in recent days.
3 minute read
March 05, 2024 | The American Lawyer

Fried Frank Lands Paul Weiss Finance Partner

Monica Thurmond was a former deputy chair of the corporate department at Paul Weiss.
2 minute read
March 05, 2024 | The American Lawyer

The Leadership Implications of Overpaid Service Partners

"Most partners in support practices are earning dramatically more than they ever thought they would, and at root they know they're earning more than their practices warrant," writes Hugh Simons.
5 minute read
March 05, 2024 | The American Lawyer

A Letter From London: The Paul Weiss Experiment

Is it possible a firm can challenge Kirkland's dominance in private capital? Paul Weiss' London push might give us an answer, writes Law.com International Editor-in-Chief Paul Hodkinson in this bimonthly column.
4 minute read
March 04, 2024 | The American Lawyer

Vanessa Ford Reminded Us That Law Firm Culture Is Still Toxic. Why Does It Survive? 

Law firms have been trying to improve their culture for a long time. So why, the Global Lawyer asks, are we still shocked when we are jolted into realizing not much has changed?
10 minute read
March 04, 2024 | The American Lawyer

Cravath M&A Partner Moves to White & Case, Attracted to Firm's Cross-Border Practice

When asked why an established M&A attorney would leave Cravath, he said it was about looking to the future.
4 minute read
February 29, 2024 | The American Lawyer

Ex-Davis Polk Associate Files Notice of Appeal to Second Circuit in Retaliation Lawsuit

The 10-person jury in the Southern District of New York rejected Cardwell's claims in January after about three hours of deliberations.
3 minute read

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