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June 05, 2023 | The American Lawyer

When Rainmakers Leave, Partners Ask 'Should I Stay or Should I Go?'

A string of individual departures along with an increase in group moves at both Shearman & Sterling and Stroock & Stroock & Lavin bring attention to the calculations partners need to make when they gain a sense their firm may be in distress.
10 minute read
May 23, 2023 | The American Lawyer

Smaller but Mightier: The 2023 Am Law 200 Outperforms Larger Firms

For the Am Law Second Hundred, 2022 was a great year. They are looking to continue that growth, but is their market-leading performance here to stay?
10 minute read
May 22, 2023 | The American Lawyer

Trio of Cahill Finance Partners Jump to Paul Hastings

The three have worked on hundreds of deals. "We are getting premier talent that touches every major bank and direct lender so we are positioned to do any sort of transaction," said firm chair Frank Lopez.
4 minute read
May 15, 2023 | The American Lawyer

Large Lateral Moves Are Raising the Competitive Ante for Law Firms

Precarious law firm partnerships have been disrupted by pandemic-era working conditions, industry consultants, recruiters and firm leaders have observed. New alliances have been formed across offices at the expense of the ties that used to bind lawyers with regular office attendance.
7 minute read
May 11, 2023 | The American Lawyer

Stroock, Nixon Peabody Plan to Merge, Schedule Announcement for Summer

Stroock has previously engaged in merger discussions with McGuireWoods, Steptoe & Johnson and Squire Patton Boggs.
4 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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May 11, 2023 | The American Lawyer

Trio of Stroock Lawyers Moves to McDermott

The group includes Anita Rosenbloom, who led Stroock's private client services group. She said the group was seeking more resources for a growing practice.
3 minute read
May 03, 2023 | The American Lawyer

Morgan Lewis Lands 10 Stroock Consumer Finance Lawyers on Both Coasts

Five lawyers, including three partners, have already arrived at Morgan Lewis. The new arrivals will be based in New York, Washington, D.C., Miami, Los Angeles and Century City.
3 minute read
April 10, 2023 | The American Lawyer

Gaining Market Share, Paul Hastings Grows 6% in Revenue

The firm's average PEP rose 4%, surpassing those of several elite New York law firms.
5 minute read
March 16, 2023 | The American Lawyer

Lowenstein Lays Off 16 Business Professionals in Multiple Offices

The layoffs in New York, New Jersey, and Washington, D.C., came even after the firm saw a 12% hike in revenue last year.
2 minute read
March 02, 2023 | The American Lawyer

McGuireWoods Sees Uptick in Revenue as PEP Falls Amid Shifts in Partnership Ranks

Despite a slowdown in M&A and "disappointing" performance in restructuring and workouts, the firm's leader said strong performance in middle market PE and health care helped to make up for the losses.
4 minute read

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