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December 21, 2022 | Daily Report Online

'Common Sense': How Law Firms Can Manage This Economic Downturn

"The number one lesson is to not just manage for today but to look down the road at the way things are going and try to be there before they get here," said Richard Rosenbaum, executive chairman of Greenberg Traurig.
4 minute read
December 09, 2022 | Law.com

The Law Firm Disrupted: A Solution to the Overcapacity Quandary

Rather than layoffs, law firms could weigh redeploying personnel toward contingency litigation, argues Burford Capital's David Perla.
5 minute read
December 02, 2022 | The American Lawyer

Cooley's Layoffs Reveal Dangers Facing Other Sector-Focused Law Firms

One lesson that can be gleaned is the importance of building broad corporate practices and offering a range of industry expertise, according to industry observers.
6 minute read
December 01, 2022 | Law.com

Time to Lay Off Lawyers or Scale Up? Big Law Faces Staffing Quandary

Could law firms have predicted this a year ago when they were slammed with billable hours and their associates were hitting all nighters to meet client deadlines?
6 minute read
November 23, 2022 | The Recorder

Law Firms See Venture Capital Deal Work Tumble in Q3, In Latest Sign of an Ending Cycle

The top venture capital law firms witnessed deal work fall, with several firms seeing dozens of fewer deals.
4 minute read
November 16, 2022 | Corporate Counsel

Fast-Growing AffiniPay Bulks Up C-Suite by Hiring First General Counsel

CEO Dru Armstrong said Catherine Dawson "has a proven track record as a general counsel and legal adviser to many high-growth companies across a range of topics and transactions."
2 minute read
November 14, 2022 | The American Lawyer

Stealth Layoffs Obscure Big Law's Exposure to Silicon Valley Losses

As billable hours dry up in venture capital and emerging companies practices, law firms create a pretext for more cuts to correct overhiring. 
6 minute read
November 10, 2022 | The American Lawyer

Gunderson Associates Out of a Job After Dip in Billable Work

Two rounds of cuts affected about 30 associates this fall at Gunderson Dettmer, according to sources in contact with affected individuals, as demand falls for emerging companies and venture capital work.
3 minute read
November 04, 2022 | The Recorder

Undeterred by Competition, Latham Continues Rapid Austin Growth With Mix of Transfers and Laterals

Latham partner David Miller said Austin has attracted a few energy companies over the last several years, and a broader shift by Big Tech only increases the focus on the Austin market, providing work for firms ranging from early-stage startups through restructuring.
6 minute read
November 04, 2022 | Texas Lawyer

Undeterred by Competition, Latham Continues Rapid Austin Growth With Mix of Transfers and Laterals

Launching with four lawyers last fall, Latham & Watkins' Austin office has expanded despite challenges of the pandemic and a heated hiring market as Big Law competitors also put down roots in the Texas capital city.
6 minute read

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