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April 09, 2024 | The American Lawyer

An Early Look: The 2024 Am Law 200 Financials

This feed is continually updated. So bookmark it, check back regularly, and stay tuned for the Am Law 100 and Second Hundred reports coming soon.
17 minute read
December 28, 2023 | The American Lawyer

Looking Back at the Law Firms That Didn't Survive 2023

From Stroock to Schnader, firms that failed struggled with common issues of recruitment, retention and financial obligations.
7 minute read
April 20, 2022 | The American Lawyer

Two Virginian Firms Merge to Create State Powerhouse

Woods Rogers was established in Roanoke in 1893 while Vandeventer Black was founded a decade earlier. Together they will have 130 attorneys.
6 minute read
January 18, 2022 | The American Lawyer

LeClairRyan Founder Dropped From Defunct Firm's Bankruptcy Fight

A trustee agreed to drop all outstanding claims against Gary LeClair, while LeClair agreed to drop all his counterclaims against the trustee.
2 minute read
November 15, 2021 | The American Lawyer

LeClairRyan Founder Calls Bankruptcy Trustee's Conspiracy Claims a 'Fantasy'

Gary LeClair wants out of a $120 million lawsuit over the firm's failure. He said he personally lost $2 million that he'd invested in the firm to keep it afloat.
4 minute read
November 04, 2021 | The American Lawyer

LeClairRyan Founder, UnitedLex Can't Dodge Bankruptcy Trustee's Claims

A Virginia bankruptcy judge declined to wipe claims touching on conspiracy, breach of fiduciary responsibility and misappropriation from an August amended complaint.
2 minute read
August 20, 2021 | The American Lawyer

LeClairRyan Founder Expected to Be Named in $128M Dispute Over Firm's Bankruptcy

A bankruptcy judge Thursday let the Chapter 7 trustee amend her complaint to include an individual who allegedly helped UnitedLex "loot" the firm of its assets. He's expected to be revealed as founder Gary LeClair.
3 minute read
July 08, 2021 | The American Lawyer

Am Law Firms Get $210M in PPP Loans Forgiven

While 2020 ended strong, firm leaders and consultants said the loans were an important lifeline at a very uncertain time.
4 minute read
May 26, 2020 | The American Lawyer

The 2020 Diversity Scorecard: Rankings and Demographic Leaders

There's a new firm at the top of this year's Diversity Scorecard.
3 minute read
May 22, 2020 | The American Lawyer

Associate Hourly Billing Rates Surge Past $1K as Firms Snap Up Bankruptcy Work

Rates for top associates at firms such as Weil, Gotshal & Manges and Kirkland & Ellis are rising just as a new wave of Chapter 11s gathers steam. A filing shows J.Crew paid its lawyers at Weil close to $12 million in the 90 days before the company filed for bankruptcy this month.
3 minute read

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