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March 20, 2024 | The American Lawyer

Alston Sees Litigation 'Spike,' Contributing to 8% Revenue and Net Income Growth

The firm reached another financial milestone in 2023, when its PEP passed the $3 million mark for the first time, increasing 9.3% to $3.252 million.
5 minute read
March 12, 2024 | The American Lawyer

Paul Weiss, Seeing Record Year in Revenue and Profits, Plans Compensation, Partnership Changes

The growth, including crossing the $2 billion mark in revenue, comes as Paul Weiss has decided to move to a two-tier partnership and a black-box compensation system for partners, said firm chair Brad Karp.
7 minute read
January 04, 2024 | The American Lawyer

Kirkland, Goodwin Take Lead in M&A Tables, as Simpson and Weil Fall in Rankings

Amid the battle for the top M&A spot, 2023 was the slowest full-year period for dealmaking since 2013.
4 minute read
December 15, 2023 | The American Lawyer

Paul Weiss Targets Houston Entrance, Approaching Lawyers at Peer Firms

The firm has approached lawyers at several of its Am Law 50 competitors—Baker Botts, Kirkland & Ellis, Latham & Watkins and Vinson & Elkins.
2 minute read
November 21, 2023 | The American Lawyer

New York Law Firms See Good News, But Still Have Some Cause for Concern

"We've been incredibly fortunate to have had a lot more stability and excitement in our own work during 2023," Wachtell's Adam Emmerich said.
7 minute read
October 24, 2023 | The American Lawyer

Deal Watch: Paul Weiss, Wachtell Lead $53B Energy Deal. How Many More Can We Expect?

"There may not be many mega-deals left, but we are likely to continue seeing consolidation in the industry," observed Luis Gomar, partner at Paul Hastings.
8 minute read
October 10, 2023 | The American Lawyer

Deal Watch: Energy, the Largest Driver of M&A in 2023, Poised for Deal Barrage (and Maybe the Largest Deal of the Year)

Energy and power sectors have usurped technology as the primary driver of M&A activity thus far in 2023. And it doesn't appear it will let up.
8 minute read
August 25, 2023 | The American Lawyer

A&O Shearman: The Compelling but Unspoken Rationale

Industry observer Hugh A. Simons dives into historical data and law firm dynamics to explore the true, though perhaps unspoken, benefits of a merger between Allen & Overy and Shearman & Sterling.
13 minute read
August 07, 2023 | The American Lawyer

Deal Watch: Latham, Goodwin, Covington Steer Life Sciences Deals. And Is It Time for an M&A Rebound?

Near-record highs of private equity dry powder and corporate cash reserves are paired with high interest rates and other factors. Which will win out?
10 minute read
August 01, 2023 | The American Lawyer

'We Want to Stigmatize That Work': Report Focuses on Big Law's Ties to Fossil Fuel Industry

Law Students for Climate Accountability said more law firms received an "A" in its scorecard this year, but most received "D" and "F" scores.
5 minute read

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