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April 08, 2024 | The American Lawyer

Deal Watch: Kirkland, Simpson, Latham, Cravath Lead $13B Endeavor Buy

At least nine large law firms got a share of the work from Silver Lake's buy of Endeavor Group. The deal is another example of megadeals that are in bloom this year.
9 minute read
April 08, 2024 | The American Lawyer

Elite New York Law Firms Outperformed Market, as Firms Invested in Both Equity, Nonequity Tiers

Several New York law firms last year even bested their 2021 performance during the heyday of the deal market.
19 minute read
April 02, 2024 | The American Lawyer

Deal Watch: Latham, Weil Lead Home Improvement Deal; Dealmakers Face Election Headwinds

While the previous few weeks have shown strong M&A volume, this past week underscores that nothing can be taken for granted about the deal market in 2024.
8 minute read
March 29, 2024 | The American Lawyer

Revenue Flattens at Dechert, But Firm Sees 'Turnaround' in Interest Rate-Sensitive Practices

"The last three years, when you look at them as a whole, were the best three years we've ever had," said co-chair David Forti.
6 minute read
March 28, 2024 | The American Lawyer

RPL Hits New Peak at Reed Smith, as Profits Stagnate Amid Mounting Costs

"We saw financial growth from top 200 clients, including significant increases in international engagements, which indicates that our global platform is working for our international clients," said global managing partner Casey Ryan.
5 minute read
March 27, 2024 | The American Lawyer

Weil Gotshal Shutters Beijing and Mulls Shanghai Closure

Weil joins a growing line of top U.S. law firms that have closed offices in mainland China as the fractious geopolitical relationship between the U.S. and China and the prolonged market downturn force the world's top-performing law firms to reconsider their investments in China.
3 minute read
March 26, 2024 | The American Lawyer

Nonequity Partner Growth Kicks Into High Gear

Several Am Law 100 firms grew their income partner ranks by double-digit percentages in 2023. Multiple factors are pushing firms to rapidly expand this tier of partners, observers say.
7 minute read
March 25, 2024 | The American Lawyer

The Law Firms and Lawyers That Benefit Most From Private Equity Designation

An in-depth investigation featuring interviews with a wide range of market leaders has shown the law firms and lawyers that frequently get designated mandates on private equity transactions in the UK.
5 minute read
March 18, 2024 | The American Lawyer

Deal Watch: Big Energy and Pharma Deals Continue to Drive M&A

Five of the six announced deals over $1 billion in the last week occurred in either the life sciences or energy sector.
10 minute read
March 14, 2024 | The American Lawyer

With Slower Start to 2023, Munger Tolles Sees Revenue Decline to $306M While PEP Rises

As the number of equity partners at the firm shrunk nearly 10% to 74, the firm's average PEP was up around 5% to $2.2 million.
4 minute read

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