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December 02, 2022 | The American Lawyer

Cooley's Layoffs Reveal Dangers Facing Other Sector-Focused Law Firms

One lesson that can be gleaned is the importance of building broad corporate practices and offering a range of industry expertise, according to industry observers.
6 minute read
November 22, 2022 | The American Lawyer

Lateral Partner Demand Strong in the Bay Area, but Elevated Compensation Threatens a Logjam

"The biggest rub heading into 2023, whether there is a slowdown or not, is the compensation that partners received in the last year or two," said Macrae legal recruiter Suzanne Kane. "A year from now, we might be having a different conversation."
5 minute read
November 14, 2022 | The American Lawyer

Stealth Layoffs Obscure Big Law's Exposure to Silicon Valley Losses

As billable hours dry up in venture capital and emerging companies practices, law firms create a pretext for more cuts to correct overhiring. 
6 minute read
November 11, 2022 | The American Lawyer

The American Lawyer Names Attorney of the Year, Law Firm of the Year and More

Law Firm of the Year went to Ropes & Gray while Latham & Watkins won Law Firm Corporate Practice of the Year. Other honors included lifetime achievers, young lawyers of the year and a suite of industry awards aimed at honoring the evolution of the profession.
10 minute read
November 09, 2022 | The American Lawyer

As AI Adoption Accelerates, Winston & Strawn Hires Munger Tolles E-Discovery Leader

Bobby Malhotra is one of at least ten departures from Munger Tolles since 2021, and joins Winston & Strawn as eDiscovery and data security challenges continue to fuel high demand.
2 minute read
November 04, 2022 | The American Lawyer

Undeterred by Competition, Latham Continues Rapid Austin Growth With Mix of Transfers and Laterals

Launching with four lawyers last fall, Latham & Watkins' Austin office has expanded despite challenges of the pandemic and a heated hiring market as Big Law competitors also put down roots in the Texas capital city.
6 minute read
October 31, 2022 | The American Lawyer

Deal Watch: Twitter Deal Is Done, but the Legal Work Likely Isn't

Musk may turn to even move lawyers to battle looming disputes over severance agreements, among other issues.
7 minute read
October 28, 2022 | The American Lawyer

These Are The Law Firms That Guided the $44B Twitter Deal. And They Will Likely Get Paid Well For It

"It would not be unusual at all for the deal lawyers to get fees anywhere from $5 million to $20 million range," said M&A law professor Robert Miller.
3 minute read
October 17, 2022 | The American Lawyer

Deal Watch: Weil, A&P, Debevoise, W&C and Jenner Touch $25 Billion Big Grocery Merger

Big Law also enjoyed two large energy M&A deals in the last week.
8 minute read
October 13, 2022 | The American Lawyer

Wilson Sonsini, Aiming for Differentiation in the Marketplace, Reveals Corporate Governance Aid

As capital markets and late-stage private financing work significantly cools, tech companies are hyper-focused on employee retention. And that's the focal point of Wilson Sonsini Goodrich & Rosati's latest tech.
3 minute read

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