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January 31, 2024 | The American Lawyer

The Financial and Cultural Costs in Providing Legal Tech Solutions to Clients

Professionals from Paul Hastings, Husch Blackwell, Redgrave and others discussed whether firms should buy or build and what the cultural costs are, if legal tech teams also develop client relationships.
3 minute read
January 31, 2024 | The American Lawyer

Big Law Rates Continue Rising, But Trail 2023 Increases So Far

The average Am Law 50 firm upped its rates by 8% to 10% in 2024, according to bankruptcy records.
3 minute read
January 30, 2024 | The American Lawyer

China's Property Crisis Marks Sidley's Time in the Sun, But Will it Really Shake Up the Playing Field?

Outside of China's property crisis, activity in the restructuring realm has been muted in Asia. But now that Sidley Austin has sewn up the market on China real estate, how will rival firms shape up?
6 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 22, 2024 | The American Lawyer

Linklaters' US Struggle: A Unique Problem or a Wider Challenge Facing Top UK Firms?

Rivals, consultants and ex-Linklaters partners share views on the firm's recent US expansion and whether it could finally see the firm compete, or highlights a wider challenge facing UK-founded firms in the US.
5 minute read
January 10, 2024 | The American Lawyer

Top Big Law Partners Are Earning More Than $2,400 Per Hour, as Rates Continue to Climb

Dechert has hiked its rates for a top partner by 20%, while McDermott is charging top partners out at $2,590 hourly, according to recent bankruptcy court filings.
3 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

8 Stories That Changed the Legal Industry in 2023

From A&O Shearman to Israel-Gaza—here are our picks for the biggest stories of the year.
8 minute read
December 07, 2023 | The American Lawyer

No Playbook for What They Do: Sullivan & Cromwell is the Financial Services Litigation Department of the Year Winner

Sullivan & Cromwell's generalist approach to financial services litigation lets the firm solve any crisis that comes a client's way.
4 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

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