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April 08, 2024 | The American Lawyer

Elite New York Law Firms Outperformed Market, as Firms Invested in Both Equity, Nonequity Tiers

Several New York law firms last year even bested their 2021 performance during the heyday of the deal market.
19 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 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 Law Firms and Lawyers That Benefit Most From Private Equity Designation

An in-depth investigation featuring interviews with a wide range of market leaders has shown the law firms and lawyers that frequently get designated mandates on private equity transactions in the UK.
5 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 19, 2024 | The American Lawyer

PEP Talk: The Am Law 100's Quiet Boost

If only we could boost the legal industry's mental health as easily as U.S. law firms are boosting profits, the Global Lawyer writes.
8 minute read
March 08, 2024 | The American Lawyer

Baker & Hostetler Reverses Profitability Declines But Compensation Pressures Mount

Revenue grew by 7.6% in 2023 to top $971 million, while PEP rose by 3.6% to more than $1.8 million.
6 minute read
March 06, 2024 | The American Lawyer

Proskauer Sees Slight Revenue Drop, Showing 'Great Strength' With Headwinds

After client activity slowed down in 2023, chair-elect Timothy Mungovan said Proskauer is very bullish on 2024.
6 minute read
March 05, 2024 | The American Lawyer

Perkins Coie Fourth US Firm to Shutter China Office in 8 Months

In less than eight months, Akin Gump, Proskauer Rose and Latham have all closed offices in mainland China.
3 minute read

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