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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 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
November 13, 2023 | The American Lawyer

UPDATE: Law Schools Begin Discussions with Law Firms After Open Letter on Antisemitism

While not commenting publicly, some T14 or New York-based law schools have been in discussions with law firms about preventing further incidents of antisemitism on campus, sources say.
7 minute read
Law Journal Press | Digital Book Texas Legal Malpractice & Lawyer Discipline 2023 Authors: Charles F. Herring, JR, Jason M. Panzer, Leah Turner View this Book

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November 02, 2023 | The American Lawyer

Big Law Firms Call on Top Law Schools to Condemn Anti-Israel Protests, Harassment

A group of more than 200 leading law firms implored law schools to reign in "anti-Semitic activities" on campus as Israel's response to the Oct. 7 attacks draws protest worldwide.
8 minute read
September 19, 2023 | The American Lawyer

Law Firms Find 'Back to the Office' Means Different Things For Different People

International firms are torn between setting firmwide office mandates, in the name of fairness and consistency, and recognizing varied expectations across cultures and regions.
9 minute read
August 25, 2023 | The American Lawyer

Mayer Brown Looks to Reignite Debtor's Practice After Largest Company-Side Restructuring in Firm History

Lawyers representing GWG Holdings contended with a board that quit mid-bankruptcy and 27,000 secured creditors, including many who alleged fraud or sued the company.
6 minute read
August 10, 2023 | The American Lawyer

Big Law Associate Deferrals 'Bleed Into East Coast'

"The largest driver of cost savings would stem from a reduction in the size of a firm's new associate class," Decipher's Greg Hamman said.
5 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

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