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October 26, 2023 | The American Lawyer
The firm said it couldn't reach an agreement "that adequately balanced Pillsbury's long-term strategic objectives with the more immediate financial and other risks involved."
By Justin Henry
3 minute read
October 25, 2023 | The American Lawyer
In a letter Tuesday, former COO Jonathan O'Brien's lawyer told Judge Analisa Torres that "the parties are optimistic that they will be able to finalize a settlement agreement within approximately 30 days."
By Justin Henry
3 minute read
October 25, 2023 | The American Lawyer
The New York firm is also considering altering the portion of equity partner pay that comes from firm profits vis a vis bonuses.
By Justin Henry
4 minute read
October 18, 2023 | The American Lawyer
"There seems to be a pressure for firms, by their clients, staff or attorneys, to raise their voices strongly and firmly," one law professor said. "But that gets dangerous as a hair-trigger reaction."
By Patrick Smith | Justin Henry
6 minute read
October 16, 2023 | The American Lawyer
Recruiters say it's unlikely that the high-water mark of 2021 will be surpassed any time soon.
By Justin Henry
4 minute read
October 16, 2023 | The American Lawyer
Fall bonuses will be in addition to the year-end bonuses common at many law firms, according to an internal memo distributed Monday.
By Justin Henry
2 minute read
October 13, 2023 | The American Lawyer
The cuts in pay and hours for senior staff raise questions about Stroock's financial footing during its merger talks.
By Patrick Smith | Justin Henry
3 minute read
October 13, 2023 | The American Lawyer
Individual partners at Kirkland & Ellis had pledged a total of more $1.5 million for on-the-ground relief efforts as of Friday morning. Quinn Emanuel and Paul Weiss are also soliciting donations.
By Justin Henry
3 minute read
October 12, 2023 | The American Lawyer
"What I've seen is law firm GCs are starting to be viewed less like law firm lawyers and more like members of the corporate team, like the CFO or the COO," said William Connolly, the new general counsel and chief legal officer at Nixon Peabody.
By Justin Henry
4 minute read
October 12, 2023 | The American Lawyer
The percentage of firms that use "rewards and repercussions" to compel attorneys to meet billing deadlines is on the rise, to 89% in 2023 from 32% in 2017, according to data from consulting firm Harbor Global.
By Justin Henry
4 minute read
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MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS