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January 12, 2024 | The American Lawyer

Skadden, Fried Frank, Kirkland and Debevoise Guide $12.5B Buy of Infrastructure PE Firm

A host of large law firms advised on one of the largest announced M&A deals so far in 2024.
2 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
January 05, 2024 | The American Lawyer

8 Years Later, Cravath Registers as Foreign Agent for Ukrainian Firm Tied to Hunter Biden

Cravath's filing comes after "discussions with the Department of Justice regarding FARA's scope," the firm said in a statement Friday.
3 minute read
January 04, 2024 | The American Lawyer

Kirkland, Goodwin Take Lead in M&A Tables, as Simpson and Weil Fall in Rankings

Amid the battle for the top M&A spot, 2023 was the slowest full-year period for dealmaking since 2013.
4 minute read
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 27, 2023 | The American Lawyer

Key Regulatory, Enforcement Practices Drove DC Law Firm Hiring in 2023

While law firms in D.C. may have been more cautious with hiring, sustained demand for regulatory and enforcement practices have also had a positive effect on firms' profits.
5 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 11, 2023 | The American Lawyer

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.
2 minute read
December 07, 2023 | The American Lawyer

On Top of Matching Pay Raises, Arnold & Porter Offers Higher Bonuses for High-Performers

Associates who billed 2,400-2,499 hours will receive an additional 10% bonus, while the firm will pay more for those who bill higher.
2 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

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