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April 26, 2024 | The American Lawyer

Employment Lawyers in Big Law Optimistic About More Work Ahead After Noncompete Rule

"If it did go into effect, certainly it's going to create a demand for people to make sure their nonsolicitation provisions are tightly drafted," said Ogletree partner Christine Bestor Townsend.
5 minute read
April 24, 2024 | The American Lawyer

Gibson Dunn, Sullivan & Cromwell Tapped to Challenge FTC's Noncompete Ban

Gibson Dunn's Eugene Scalia, the former U.S. labor secretary, is representing tax services firm Ryan LLC. Sullivan & Cromwell is representing the U.S. Chamber of Commerce.
3 minute read
April 22, 2024 | The American Lawyer

A Safe Bet? Lateral Hiring and Gambling on a Firm's Future

Lateral hiring is risky business. The Global Lawyer asks, is the gamble worth it?
8 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 16, 2024 | The American Lawyer

Power Ranking the Am Law 100: Flash Points Ahead

Facing market volatility and AI disruption, winning firms reinvest for renewal and reinvention.
16 minute read
April 16, 2024 | The American Lawyer

Ballooning Nonequity Partnerships Are Boosting Leverage, But Will They Raise Profits?

For the first time, law firms added nearly as many nonequity partners as they did associates.
6 minute read
April 16, 2024 | The American Lawyer

Showcasing Resilience of the Industry, Am Law 100 Firms Turn in Strong 2023

After taking a couple of body blows in 2022 and not knowing how the legs would hold up, Big Law was just waiting to counter.
10 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Gross Revenue

Fifty-four firms posted gross revenue of $1 billion or more in 2023, four more than in 2022. Ninety firms reported gains in gross revenue.
2 minute read
April 12, 2024 | The American Lawyer

Kirkland, Proskauer, Hogan Lovells Add Partners Amid Brisk Lateral Activity in Big Firms

Proskauer lured a partner from Kirkland, which gained a partner from Gibson Dunn.
3 minute read
April 05, 2024 | The American Lawyer

Wilmer Sees Growing Share of Fees From Meta, as Firm's Total Revenue Expands

Law firms may face business risks if a single client's bills make up more than 5% of a firm's total revenue, some consultants suggest, while others say the threshold would have to be much higher.
4 minute read

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