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May 01, 2024 | The American Lawyer

Billing Rate Increases, Demand Gains Help Law Firms Double Their Revenue Growth in Q1

Billing rate growth "continues to be the primary contributor to revenue growth," with standard rates increasing 9% in Q1 2024, Wells Fargo said.
4 minute read
April 30, 2024 | The American Lawyer

Willkie Lures Investment Funds Leader From DLA Piper

The New York-founded firm now has around 90 lawyers in Chicago, after opening the office in early 2020 with six partners from Jenner.
4 minute read
April 29, 2024 | The American Lawyer

Can Big Law Merge in Chicago Any More?

Chicago's "diversity of business" is driving legal demand, noted Willkie's Craig Martin.
5 minute read
April 18, 2024 | The American Lawyer

What It Means to be a Law Firm Partner Now

Instead of moving lawyers to the equity ranks, or keeping them as associates or counsel, there is a shift inside Big Law to make more lawyers salaried partners.
6 minute read
April 15, 2024 | The American Lawyer

Deal Watch: Freshfields, Fenwick, Simpson, Skadden Lead Megadeals as Geopolitical Concerns Muddy M&A Bounceback

Mega M&A deals continue to power the deal market recovery in 2024 while headwinds continue to multiply.
10 minute read
April 12, 2024 | The American Lawyer

Litigation Funders' Pitch to Corporate Litigants: Turn Your Lawsuit Into an Asset

A $40 million agreement between Quinn Emanuel and Longford Capital illustrates how law firms are seeking to make third-party finance more appealing to their clients.
5 minute read
April 08, 2024 | The American Lawyer

Elite New York Law Firms Outperformed Market, as Firms Invested in Both Equity, Nonequity Tiers

Several New York law firms last year even bested their 2021 performance during the heyday of the deal market.
19 minute read
April 03, 2024 | The American Lawyer

Government Lawyers, Particularly at DOJ, Are 'Flooding' the Job Market

Some law firms are reportedly "receiving five to six resumes a day from DOJ candidates," noted Dan Binstock, a partner at D.C.-headquartered search firm Garrison.
8 minute read
April 01, 2024 | The American Lawyer

DOJ Antitrust Leaders Exit for Skadden, Foley & Lardner

The lawyers were chief and assistant chief in the Washington criminal II section of the DOJ's antitrust division.
3 minute read
March 26, 2024 | The American Lawyer

Deal Watch: Wachtell, Skadden, Cleary Land on Big Healthcare Deals; Dealmakers Stay Optimistic

"People are more open to looking at M&A transactions," said Linklaters' George Casey. With inflation getting under control and the Fed expecting lower rates, "you can start thinking how you can finance."
9 minute read

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