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December 08, 2023 | The American Lawyer

Layoffs at K&L Gates Hit Associates in Chicago, Boston, DC, Pittsburgh

Every year, K&L Gates manages headcount based on "personnel performance, client demand and related reviews," which typically result in "personnel decisions," the firm's representative said in a statement. Leaders declined to comment directly on the cuts.
3 minute read
December 06, 2023 | The American Lawyer

Despite Expense 'Dent' From Pay Raises, Law Firms Expect to See Rebound in Transactional Practices

Firms can anticipate a rebound in transactional practices heading into 2024. "As such, we expect 2024 to be a better year than we saw in 2023," said Citi and Hilderbrandt Consulting in a new report.
6 minute read
December 04, 2023 | The American Lawyer

Deal Watch: Wachtell, Ropes Lead $10B Biotech Deal, and M&A Landscape Could Use Fewer 'Shock Waves'

Deals continue to come in, though not at a pace most would prefer. Debevoise's Michael Diz said the last couple of years have been one shock after another.
6 minute read
December 04, 2023 | The American Lawyer

Clients or Partners? Who Does a Big Law Merger Have to Please More?

Law firm strategy is driven by appealing to clients and partners, but one of those two components is ultimately more important than the other to make a merger successful, Hugh Simons and Kent Zimmerman explain in this piece.
8 minute read
December 04, 2023 | Corporate Counsel

SEC Cybersecurity Rules Go Live in Days. Companies Still Aren't Sure What to Expect

"Companies are faced with this conundrum of wanting to provide more detail but not wanting to give too much," Orrick partner Aravind Swaminathan said.
10 minute read
November 29, 2023 | The American Lawyer

Is Singapore the Answer to US Law Firms' Woes in Asia?

Singapore, widely considered a gateway to Southeast Asia, has become a beacon for global advisers and investors over the past few years. But it's not that simple.
4 minute read
November 28, 2023 | National Law Journal

What's Really Driving the Business of White-Collar Defense?

Big Law white-collar defense groups are busy. Is enforcement rising or are clients just more proactive?
10 minute read
November 28, 2023 | Legaltech News

Announcing the 2024 Legalweek Leaders in Tech Law Awards Finalists and Lifetime Achievement Winners

The final winners in all categories will be announced during an in-person awards ceremony on January 29, 2024, during the Legalweek conference in New York.
5 minute read
November 28, 2023 | New York Law Journal

Attorneys 'On the Move': Seyfarth Adds Real Estate Partner; Structured Finance Partner Rejoins Orrick

And other announcements of recent hirings and promotions of New York attorneys.
4 minute read
November 27, 2023 | The American Lawyer

Countercyclical and Regulatory Practices Dominate Partner Promotions in 2023

Am Law 100 firms are promoting roughly the same number of partners as last year, but groups like debt finance, antitrust and tax are growing faster than most corporate practices.
4 minute read

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