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January 26, 2024 | The American Lawyer

Partner Comp Systems and Competitive Advantage: Lessons From the Kirkland, Cravath, and Paul Weiss Lateral-Hiring Wars

What makes comp systems so insidious is that they're so hard to change.
12 minute read
January 26, 2024 | The American Lawyer

Pressure on UK Law Firms as US Competitors Raise NQ Pay Again

As US firms match the Cravath scale, domestic UK firms will fear falling too far behind.
4 minute read
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 11, 2024 | The American Lawyer

Paul Weiss Hides Partner Pay Inside 'Black Box,' as Firm Shells Out for Top Laterals

The adoption of a nontransparent pay system comes as firm leaders seek to reduce internal tensions as the spread of compensation expands.
3 minute read
January 08, 2024 | The American Lawyer

Deal Watch: Cravath, Skadden, Shearman, K&L Gates Steer Health Care Deals Amid Industry Momentum

"We are cautiously optimistic the healthcare and pharma IPO market will gain strength in 2024," said McDermott partner Todd Kornfeld.
7 minute read
Law Journal Press | Digital Book District of Columbia Legal Malpractice Law 2024 Authors: Shari L. Klevens, Alanna G. Clair View this Book

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January 02, 2024 | The American Lawyer

Deal Watch: Big Law Dealmakers Are Evaluating These Factors to Assess 2024 Market

Frank Aquila, partner in Sullivan & Cromwell's corporate group, said the tempering of inflation and the broader economic news that ushers in could be a boon for M&A in 2024.
11 minute read
December 21, 2023 | The American Lawyer

Akin Winds Down Beijing Office

Akin will continue to practice in Hong Kong and Singapore, its two other offices in Asia.
4 minute read
December 20, 2023 | The American Lawyer

Ropes, King & Spalding, Faegre Drinker Advise on Proposed $12.6B Health Care Merger

The combination of Philadelphia-based Jefferson Health and Allentown Pennsylvania-based Lehigh Valley Health would host 30 hospitals and more than 62,000 employees spread across Pennsylvania and southern New Jersey.
3 minute read
December 20, 2023 | The American Lawyer

Big Law's Return-to-Office Journey Still Not Complete, but More Settled Now

"The overwhelming majority of our colleagues are complying," noted Davis Polk's Neil Barr. "I know not everyone loves it, but from the institution's perspective, we are in a good spot."
6 minute read
December 18, 2023 | The American Lawyer

Ropes, Wachtell and Milbank Guide Nippon Steel's $14B Acquisition of US Steel

The transaction—which is facing some opposition—is expected to close in the second or third quarter of 2024.
2 minute read

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