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May 30, 2023 | The American Lawyer

Why Is Big Law Growing When Demand Is Dropping?

Many firms are "relying on some natural attrition, and it's not coming along as fast as they'd like," Wells Fargo's Owen Burman said.
5 minute read
April 18, 2023 | The American Lawyer

The 2023 Am Law 100: Ranked by Gross Revenue

A shifting market didn't do enough to change the top of our rankings of the 100 largest law firms by gross revenue.
1 minute read
April 03, 2023 | The American Lawyer

All Eyes Are on the Middle Market as Larger Firms See Big Money in Smaller Deals

Falling demand in corporate practices has meant a return to more modest transactions for Am Law Second 50 firms that seized big-ticket deals in the deal boom of 2021, and increasingly, large firms are looking to capture work where it is available—and much of it is in the middle market.
7 minute read
March 03, 2023 | The American Lawyer

Taft Outpaced Peers in 2022 Due to Merger With Detroit Firm

A combination with Jaffe Raitt Heuer & Weiss helped the firm grow revenue by 32%, hitting $549 million.
5 minute read
January 03, 2023 | The American Lawyer

Law Firm Merger Activity Ticked Up in 2022, But Combinations Still Trail Recent Average

The number of domestic mergers completed in 2022 edged upward toward the historic mean, but cross-border combinations were scarce.
5 minute read
October 03, 2022 | The American Lawyer

Law Firm Mergers Still Below Average but 'Robust' Activity Expected Soon

Rising fears of a recession as well as some law firms reigniting combination talks may drive more law firm mergers soon.
5 minute read
September 04, 2022 | The American Lawyer

Taft to Enter Detroit in Latest Merger With Jaffe

After its combination with 120-lawyer Jaffe Raitt Heuer & Weiss is finalized at the end of 2022, Taft will have a presence in every major Midwest market, with the exception of St. Louis and Kansas City.
5 minute read
August 15, 2022 | The American Lawyer

Norton Rose Fulbright Absorbs Chicago-Based Energy and Real Estate Practice

The firm, adding seven lawyers from the Clean Law boutique, is aiming to capture the growing demand for real estate legal counsel in renewable energy work.
5 minute read
July 06, 2022 | The American Lawyer

Seeking More 'Relevance' in Chicago, Taft Acquires 8 Attys From Disbanding Transactional Boutique

Taft's chair said the firm's aggressive growth strategy in Chicago is driven by the desire to cultivate a dominant presence in the most crowded legal market in the Midwest.
5 minute read
July 05, 2022 | The American Lawyer

More Than 2,650 Women Partners From 190 Firms Issue Call to Action Post-'Dobbs'

"Our presence and leadership within the bar is without question a byproduct of the freedom each of us has had to make reproductive decisions for ourselves," the thousands of signatories from about 190 firms wrote.
94 minute read

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