By Jessica Seah | March 27, 2024
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.
The American Lawyer | Analysis
By Justin Henry | March 26, 2024
While Latham has been gradually expanding its bonus pool, other firms have reallocated the value of share points to reach similar ends.
By Patrick Smith | March 25, 2024
"Our profits per equity partner were down, but we baked that in," said Robert Bodian. "That reflects a significant investment in Toronto and Miami, and we finance everything through our profits."
By Colleen Murphy | March 22, 2024
"Indeed, both of Mr. Lofton's immediate supervisors, John Barber and Jeffrey Ranen, have a well-documented 15-year history of exchanging racist remarks over defendant's email system with lawyers throughout LBBS—ranging from junior associates to fellow partners," the complaint said. "These emails included 'gratuitous use' of the n-word."
By Patrick Smith | March 22, 2024
"There was no plan for mass de-equitization," said chair Kenneth Rosh. "We do manage it [the partnership], and there were some laterals who left and some retirements."
By Brenda Sapino Jeffreys | March 22, 2024
The fact that so many new partners at Vinson & Elkins have newborns may reflect a changing dynamic that associates on the partnership track aren't delaying the start of their families.
The American Lawyer | Analysis
By Dan Roe | March 21, 2024
"Human nature is responsible," said Florida State University College of Law professor Lawrence Kriege. "If you look at history, there has been a persistent problem that has plagued mankind forever, and it's called greed. It can be greed for money, greed for power, greed for prestige—but it's greed."
By Abigail Adcox | March 20, 2024
Jonathan Hamilton was previously head of White & Case's Latin America arbitration practice.
By Justin Henry | March 19, 2024
"Because I represent taxpayers examined by the IRS, I have a compelling need to understand how the IRS plans to impose on my clients so that I can effectively advise them and protect their rights," Baker McKenzie partner George Clarke said in a previous Freedom of Information Act request.
The American Lawyer | Analysis
By Justin Henry | March 19, 2024
Firms like Kirkland & Ellis and DLA Piper have used forgivable loans to bat away offers from rivals and Shearman & Sterling has used them to incentivize partners at the firm to stick around for the merger with Allen & Overy.
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