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Proskauer Layoffs Underscore String of Big Law Cuts in 2023
The firm's moves are consistent with a slew of large law firms making staff and associate cuts in 2023, as firms focused on efficiency, outsourcing and productivity in a year of declining demand.
Dentons' Global CEO to Stand Down Next Year
During Elliot Portnoy's tenure the firm has grown rapidly into one of the world's largest legal institutions.
Simpson Thacher to Require Four Days in Office in 2024
In-office mandate adherence will be a factor in overall pay for Simpson personnel, with the firm saying noncompliance could affect compensation, sources said.
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.
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.
Law Journal Press | Digital Book
District of Columbia Legal Malpractice Law 2024
Authors: Shari L. Klevens, Alanna G. Clair
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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.
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.
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.
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.
The American Lawyer Names Attorney of the Year, Law Firm of the Year and More
The American Lawyer Industry Awards honored the industry's best and brightest across several categories that recognize both historical excellence and the evolution of the business of law.TRENDING STORIES
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