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October 25, 2023 | The American Lawyer

Paul Weiss Could Adopt Nonequity Partner Tier in 2024

The New York firm is also considering altering the portion of equity partner pay that comes from firm profits vis a vis bonuses.
4 minute read
October 24, 2023 | The American Lawyer

Deal Watch: Paul Weiss, Wachtell Lead $53B Energy Deal. How Many More Can We Expect?

"There may not be many mega-deals left, but we are likely to continue seeing consolidation in the industry," observed Luis Gomar, partner at Paul Hastings.
8 minute read
October 17, 2023 | The American Lawyer

Wachtell Wins Motion to Compel Arbitration in Lawsuit Over $70 Million Success Fee

X Corp. had argued Wachtell's method of obtaining a $70 million success fee qualified as equitable relief, triggering a carve-out in Wachtell's arbitration clause.
2 minute read
October 16, 2023 | The American Lawyer

Deal Watch: Something Is Amiss in Hong Kong

Anemic deal activity has law firms adjusting their staff levels and strategy in the region.
7 minute read
October 04, 2023 | The American Lawyer

Kirkland, Goodwin Lead League Tables as Global M&A Hits 10-Year Low

Davis Polk vaulted to No. 4 in the ranking of principal advisers in deal value, while Paul Weiss had the largest jump of the top five.
5 minute read
October 03, 2023 | The American Lawyer

Pointing to 'Wachtell's Greed,' X Corp. Argues Law Firm Can't Force Arbitration in Fee Lawsuit

Wachtell's "unethical" $70 million success fee justifies equitable relief—triggering a carveout in the firm's arbitration clause—X Corp.'s lawyers stated.
3 minute read
September 26, 2023 | The American Lawyer

Is Generative AI Coming For Your Billable Hours?

Some disruption to law firm pricing is inevitable, but just how far that spreads is an open question.
9 minute read
September 25, 2023 | The American Lawyer

In Rare Lateral Hire, Wachtell Adds Former Federal Prosecutor, Willkie White-Collar Leader

Randall Jackson, the leader of Willkie's white-collar defense group, has joined Wachtell as a partner.
2 minute read
September 18, 2023 | The American Lawyer

Deal Watch: With IPOs 'in the Pipeline,' Big Law Now Awaits Comeback

"A number of our IPOs in the pipeline have either restarted or moved up their timeline," said Davis Polk's Richard Truesdell, adding, "We don't expect to see a broad recovery in the IPO market before Q1 2024."
10 minute read
September 11, 2023 | The American Lawyer

Wachtell Pushes for Arbitration in Twitter Fee Dispute

Wachtell counsel Morrison & Foerster on Friday filed a motion to compel arbitration of a lawsuit brought by Twitter over legal fees.
3 minute read

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