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November 30, 2023 | The American Lawyer

After 1 Year, FTX Bankruptcy Is More Lucrative for Law Firms Than Enron and Lehman

For law firms like Sullivan & Cromwell and Quinn Emanuel Urquhart & Sullivan, the bankruptcy of FTX is proving to be just as profitable as some of the most notoriously lucrative Chapter 11 proceedings.
3 minute read
November 28, 2023 | The American Lawyer

Deal Watch: This M&A Partner Just Had Two Big Deals on Same Day

Karessa Cain led Wachtell teams for eBay and Jacobs Solutions for deals announced on same day.
8 minute read
November 20, 2023 | The American Lawyer

Wachtell Seeks Balance Between 'Continuity and Change'

The Wall Street firm may keep its same approach in firm operations for as long as possible, whether it's the firm's lockstep compensation system, partnership structure or practice-area focus.
8 minute read
November 20, 2023 | The American Lawyer

Muslim Bar Groups Say Law Firms Are Creating 'Hostile' Workplace Through Single-Sided Approach

The latest letter is another example of the fissures developing within law firm communities.
6 minute read
November 16, 2023 | The American Lawyer

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.
6 minute read
November 13, 2023 | The American Lawyer

Paul Weiss Hires O'Melveny Partner to Co-Chair Financial Services Group

The New York law firm is the latest to recruit from a competitor to build its financial services regulatory group, amid sustained client demand in this practice.
3 minute read
November 13, 2023 | The American Lawyer

UPDATE: Law Schools Begin Discussions with Law Firms After Open Letter on Antisemitism

While not commenting publicly, some T14 or New York-based law schools have been in discussions with law firms about preventing further incidents of antisemitism on campus, sources say.
7 minute read
November 10, 2023 | The American Lawyer

Law Firm Leaders May Be Tiring of the Job, But That's Not Why They've Been Leaving

An analysis by former Big Law partner Paul Denis of leadership departures over the past few decades shows recent changes may be based less on satisfaction and more on growing tenure length.
5 minute read
November 07, 2023 | The American Lawyer

Wachtell Appoints New Leadership, Naming Nussbaum and Savitt as Co-Chairs

Ed Herlihy and Daniel Neff will remain on the firm's executive committee.
2 minute read
November 07, 2023 | The American Lawyer

Deal Watch: Big Week for M&A, But Big Law Dealmakers Say It May Not Last

"The more significant challenge that leveraged M&A is facing is the breadth of available financing," noted Ethan Klingsberg at Freshfields.
8 minute read

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