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April 22, 2024 | The American Lawyer

Most Big Chicago Law Firms Grew in 2023, but Several Not as Fast as Am Law 100

Six of the nine Chicago-founded Am Law 100 law firms had lower revenue growth than the 100 as a whole. But most Chicago firms maintained their spots or moved up in the latest rankings
5 minute read
April 16, 2024 | The American Lawyer

Ex-Big Law Corporate Defenders Explain Why They Now Help Fund the Opposite Side of the 'V'

"The skillsets we were developing as associates were largely transferable," said Evan Meyerson, a former Paul Weiss associate who moved to Burford Capital. "A big part of litigation strategy is thinking about what the other side thinks about your case and the job at Burford is to think through these investments as a devil's advocate."
8 minute read
March 20, 2024 | The American Lawyer

US Firms With Expiring Leases Were Much More Likely to Relocate in 2023 Than Stay Put

Law firm leasing activity hit a square-footage record in 2023, with eight of the 10 largest leases in New York, according to a new report from Cushman & Wakefield.
3 minute read
March 05, 2024 | The American Lawyer

Kirkland, Weil Contribute to 118% Uptick in Commercial Chapter 11 Filings

Collectively, the firms took on nearly 300 debtor retentions in two jointly administered bankruptcies.
2 minute read
January 12, 2024 | The American Lawyer

'A True Leader Wants to Empower Others': Katten's Wendy E. Cohen on Becoming New York Office Managing Partner

"Being born and bred in New York, New York is in my DNA," said Cohen, who took leadership of the firm's New York office last year. "I have had countless conversations with attorneys about their career trajectory. There are different routes to get to where you want to be and maybe it takes you longer ... but there is a path that can be found if one is looking."
9 minute read
January 02, 2024 | The American Lawyer

Deal Watch: Big Law Dealmakers Are Evaluating These Factors to Assess 2024 Market

Frank Aquila, partner in Sullivan & Cromwell's corporate group, said the tempering of inflation and the broader economic news that ushers in could be a boon for M&A in 2024.
11 minute read
December 18, 2023 | The American Lawyer

Proskauer Layoffs Underscore String of Big Law Cuts in 2023

The firm's moves are consistent with a slew of large law firms making staff and associate cuts in 2023, as firms focused on efficiency, outsourcing and productivity in a year of declining demand.
8 minute read
November 30, 2023 | The American Lawyer

Loeb & Loeb Elects Corporate Practice Leaders as New Firm Co-Chairs

Mitchell Nussbaum and Arash Khalili will take over for current chairman Kenneth Florin in February.
3 minute read
November 29, 2023 | The American Lawyer

Katten Taps Chicago Office Head as Incoming Chair

Gil Soffer, the longtime managing partner of the Chicago office and a co-chair of the litigation department, will succeed Roger Furey as chairman, effective on July 1, 2024.
3 minute read
November 27, 2023 | The American Lawyer

Big Fish, Small Ponds: How Big Law Is Slowly Infiltrating Emerging Markets

"Firms open there, not because they want to tap into a certain geographic community but because partners want to live there," Holland & Knight managing partner Steven Sonberg said.
9 minute read

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