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February 18, 2024 | Law.com

Deals Are Back. But Don't Get Too Excited

Kirkland & Ellis, Latham & Watkins, Skadden, Arps, Slate, Meagher & Flom and other law firms with large transactional practices may see the recent rush of deals as the sign they've been waiting for. The Global Lawyer suggests they may want to curb their enthusiasm.
9 minute read
February 16, 2024 | New York Law Journal

NY Governor Drops Plan To Remove $100M From Fund for Low-Income Civil Litigants

More than 250 signatories from a cross-section of the legal profession – law firm leaders, managing partners, pro bono professionals, in-house counsel, bar association leaders, small and midsize law firm leaders, solo practitioners, and nonprofit and legal services lawyers – wrote to Hochul in recent days, calling for her to undo the proposed transfer of IOLA funds.
3 minute read
February 16, 2024 | National Law Journal

Top D.C. Firms Earn Seven Figures Representing Foreign Govts., Filings Show

Squire Patton Boggs, Hogan Lovells, Arnold & Porter and Akin are among the firms registering lately as representing foreign principals. The documents highlight what is for some a growing source of business in their public policy practices.
5 minute read
February 15, 2024 | The American Lawyer

Orrick Faces Second Major Blow as 15-Strong Team Joins BonelliErede in Italy

The news comes in the same week that a 23-strong team from Orrick joined Hogan Lovells in Italy.
2 minute read
February 14, 2024 | The American Lawyer

Latest Big Law Layoffs Illustrate Inconsistency in Market as Some 'Still Haven't Seen That Bounce Back'

"Our talent levels became misaligned with our existing and projected client demand, particularly in our large transactional practices. I take responsibility for this and am truly sorry that those decisions have led to a significant impact on our people today," said Fenwick & West's chair.
4 minute read
February 14, 2024 | The Recorder

Latest Big Law Layoffs Illustrate Inconsistency in Market as Some 'Still Haven't Seen That Bounce Back'

"Our talent levels became misaligned with our existing and projected client demand, particularly in our large transactional practices. I take responsibility for this and am truly sorry that those decisions have led to a significant impact on our people today," said Fenwick & West's chair.
4 minute read
February 13, 2024 | New York Law Journal

DC Firms Strive to Keep Up With New York on Associate Pay

"Many do compete with the New York firms," said Wells Fargo's Owen Burman about D.C. firms. "But it's not universal."
5 minute read
February 13, 2024 | The American Lawyer

Impressive Gains at Quinn Emanuel, Hogan Lovells, Milbank Suggest a Healthy 2023 for Am Law 100

"It's interesting to me that those in the top 50 did even better than those in the next 50," said Marci Taylor, a law firm strategy consultant and founder of Mantra Partner, in regard to early reports.
6 minute read
February 13, 2024 | The American Lawyer

Hogan Lovells Rebounds in 2023 With Most Profitable Year in History

The global firm brought in $2.68 billion in revenue, which translated into $2.74 million in profits per equity partner.
6 minute read
February 12, 2024 | The American Lawyer

Deal Watch: Wachtell, Paul Weiss and V&E Lead $26B Oil Merger as Deal Activity Soars

Energy and life sciences continue to lead the way in deal activity, but tech and other recently nascent sectors are showing signs of life.
12 minute read

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