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July 19, 2023 | The American Lawyer

American Lawyer Industry Awards and Litigation Departments of the Year Finalists Announced

Finalists are named across categories including Best Firm of the Year, Managing Partner of the Year, Business Team of the Year, Young Lawyers of the Year and much more.
5 minute read
July 11, 2023 | The American Lawyer

Wachtell's Billing Practices Brought to Light in Twitter Fee Lawsuit

The firm gets paid 60% to 80% of investment banks working on the same deals and two to three times its billable rate on "premium-billing" litigation matters, according to a court filing.
5 minute read
July 10, 2023 | The American Lawyer

Twitter Suit Blames 'Disgruntled' Legal Execs for Massive Wachtell Payout

"Wachtell exploited a corporate client left unprotected by lame-duck fiduciaries who had lost their motivation to act in Twitter's best interest," Twitter's lawsuit alleges.
7 minute read
July 07, 2023 | The American Lawyer

Twitter Lawsuit Alleges Wachtell Ran Up $90 Million Tab Before Musk Takeover

A complaint filed this week alleges Wachtell added a $71 million success fee to accrued hourly billables, which lame-duck in-house counsel approved against Musk's orders.
3 minute read
July 07, 2023 | The American Lawyer

Latham Leads Legal Adviser Tables, as Worldwide M&A Hits Lowest Point in 3 Years

Latham and Kirkland were top ranked while several Wall Street law firms picked up market share and rose up the league tables released by Refinitiv.
5 minute read
June 20, 2023 | The American Lawyer

Deal Watch: Wachtell Reps the GOAT in Hornets Sale; Confusing Times Continue for Dealmakers

While Wachtell and King & Spalding had a big week in deals, M&A lawyers remain uncertain about the deal market ahead amid continuing signs of uncertainty.
6 minute read
June 12, 2023 | The American Lawyer

Deal Watch: Wachtell Has Big Week as PGA/LIV Merger Looks … Shaky

Wachtell worked on two of the four largest deals of the week, but one of them is running into a bit of scrutiny.
10 minute read
June 12, 2023 | The American Lawyer

Simpson Thacher Again Dips into Lateral Pool, Takes Another Partner From Paul Weiss

Justin Rosenberg is the third lateral partner to join the firm in the last week.
2 minute read
June 09, 2023 | The American Lawyer

Solve the Problem: Paul Weiss' M&A Practice Guided by Kindler and Barshay Philosophy

"Morgan Stanley has a good relationship with Paul Weiss," said Rob Kindler, noting, "I certainly expect to do more and more work with them moving forward."
4 minute read
June 09, 2023 | The American Lawyer

Cravath Has Made Sweeping Moves. Is It Enough?

A non-equity tier is a possibility for Cravath, said some industry observers, given what other firms in similar positions have done in recent years.
7 minute read

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