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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
June 05, 2023 | The American Lawyer

Deal Watch: Kirkland, DLA and Freshfields Lead Pharma Deal. Plus, How Will AI Drive Deal Work?

How will AI technology affect value and volume in the tech sector and beyond? "There are a lot of very promising AI startups, and many are likely to get acquired," said Debevoise's Avi Gesser.
7 minute read
May 30, 2023 | The American Lawyer

Deal Watch: Debt Deal Makes 'One Less Straw' for Dealmakers to Contend With

"We are seeing clients working hard to get deals done," said Debevoise's Michael Diz, adding "there are a number of obstacles out there and you never know which one might be the straw that breaks the camel's back."
6 minute read
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
May 23, 2023 | The American Lawyer

Deal Watch: Davis Polk, Simpson Thacher Help Usher in $3.4B A&O Shearman Deal

At least nine outside counsel lawyers at Davis Polk and Simpson are on the A&O Shearman deal, likely adding a costly legal bill to the merger process.
12 minute read
May 22, 2023 | The American Lawyer

Gibson Dunn Adds Kirkland M&A Partner as Oil and Gas Co-Chair in Houston

Kirkland & Ellis oil and gas M&A partner Rahul Vashi moved to Gibson, Dunn & Crutcher in Houston, where he is excited to help the office grow.
2 minute read
May 15, 2023 | The American Lawyer

Deal Watch: Kirkland and Latham Advised on $25B in Deals in Last Week, Amid Overall Slump in M&A Market

Kirkland and Latham ushered in a mega deal in the energy sector while Davis Polk, Sidley and S&C drove a $10.6 billion manufacturing deal.
11 minute read
May 15, 2023 | The American Lawyer

Paul Hastings Adds Willkie Partner as Firm Seeks M&A Practice Growth

The law firm continues to be active in the lateral market, even in practice areas that aren't firing on all cylinders right now. Its latest lateral partner hire is M&A lawyer Jon Kubek.
3 minute read
May 08, 2023 | The American Lawyer

Deal Watch: Dealmakers Brace for Complications From Debt Ceiling Debate

Corporate activity has been steady if not great the last few weeks, but a looming U.S. debt crisis could serve as foil to progress.
7 minute read
May 08, 2023 | The American Lawyer

White & Case, Committing to Grow Litigation Practice, Adds Willkie Partner

Brienne Letourneau is the fourth lateral partner to join White & Case's commercial litigation practice this year.
3 minute read

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