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January 22, 2024 | The American Lawyer

Deal Watch: Big Week in Multiple Verticals in M&A

Skadden and Paul Weiss had multiple big deals in the last few days, as deals from tech, energy and PE power the week. And there were four new IPOs.
8 minute read
January 22, 2024 | The American Lawyer

Linklaters' US Struggle: A Unique Problem or a Wider Challenge Facing Top UK Firms?

Rivals, consultants and ex-Linklaters partners share views on the firm's recent US expansion and whether it could finally see the firm compete, or highlights a wider challenge facing UK-founded firms in the US.
5 minute read
January 22, 2024 | The American Lawyer

No Origination Credits in Partner Pay? Covington Sees Advantages

While not tracking origination credits may carry some risks, Covington partners argue the pay model is at the heart of the firm's team-based approach in client work and has helped in attracting laterals.
6 minute read
January 21, 2024 | The American Lawyer

The Time to Do a Transatlantic Merger is Now

As international GDP growth slows, law firms hoping to keep up with Kirkland, Latham, Skadden, and Simpson Thacher need to consider mergers involving the US, writes the Global Lawyer.
8 minute read
January 17, 2024 | The American Lawyer

Slow Pace of Retaliation Trial Could Lead to 'Impossible Situation', Says Lawyer for Davis Polk

Paul, Weiss, Rifkind, Wharton & Garrison partner Bruce Birenboim, who is representing Davis Polk & Wardwell in a retaliation lawsuit, on Tuesday raised concerns that the plaintiff's use of time could lead to "an impossible situation for the court" and potential appellate issues.
3 minute read
January 16, 2024 | The American Lawyer

'Increasingly Difficult': In Davis Polk Retaliation Trial Ex-M&A Leader Talks About Guiding Plaintiff

During the first week of testimony in the trial, which began Jan. 8, a series of current and former Davis Polk professional development employees introduced jurors to the concept of a "time to go" conversation, in which associates are told they need to find a new job but are not fired on the spot.
3 minute read
January 16, 2024 | The American Lawyer

Deal Watch: Kirkland, Akin Drive Energy Deals as Big Law Leans Into Sector for M&A

Four of the five announced M&A deals of more than $1 billion in the past week involved the energy and infrastructure sectors.
7 minute read
January 16, 2024 | The American Lawyer

Davis Polk Brings Back Former White House Lawyer, Morgan Stanley Compliance Head

Raul Yanes, the latest lawyer to move between a bank and Big Law, will again lead Davis Polk's white-collar defense and investigations practice.
3 minute read
January 16, 2024 | The American Lawyer

In Partner Comp, Does Ignorance Equal Bliss? Firms Using the 'Black Box' Hope So

"It is so much easier to keep people happy when they can't see someone is making more than them even though they have more in originations," said Jeffrey Lowe, recounting the message he hears from firms with opaque compensation models.
5 minute read
January 12, 2024 | The American Lawyer

'Strange...'?: Jurors at Davis Polk Retaliation Trial Read Firm's Internal Emails

An email exchange over a Black Affinity Group event, and another that spotlighted "social awkwardness" of lawyers, were among those the jury were provided access to.
3 minute read

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