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By Patrick Smith | March 28, 2024
As the firm's equity-only partnership expanded 13% to 78 partners last year, the firm's profits per partner dipped 7.7% to $3.34 million,
5 minute read
By Alexander Lugo, David Gialanella, Andrew Maloney | March 28, 2024
As mergers continue popping up within the legal landscape, midsize and boutique firms are considering several factors when contemplating a deal. Scale and culture remain at the forefront of those discussions.
5 minute read
By Patrick Smith | March 26, 2024
"People are more open to looking at M&A transactions," said Linklaters' George Casey. With inflation getting under control and the Fed expecting lower rates, "you can start thinking how you can finance."
9 minute read
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."
5 minute read
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."
6 minute read
By Amanda O'Brien | Brenda Sapino Jeffreys | March 20, 2024
A combination of cultural concerns and incentives, lack of uniformity across practices, and a need for leadership to encourage younger attorneys to return to office by example is complicating the process of bringing attorneys back to the office.
6 minute read
By Patrick Smith | March 18, 2024
Five of the six announced deals over $1 billion in the last week occurred in either the life sciences or energy sector.
10 minute read
By Patrick Smith | March 18, 2024
Perkins Coie saw both associate deferrals and layoffs in 2023. "We bent the curve on cost and delivered some excellent results for our partners," said chair Bill Malley.
5 minute read
By Patrick Smith | March 18, 2024
Josh Ratner's move from Goodwin to Paul Hastings follows others, including a group of private equity attorneys led by Scott Joachim last year in Palo Alto.
4 minute read
By Alex Anteau | March 14, 2024
"The intent of [the lawsuit] is to clean up the bar and to give others a roadmap for how we can police our own profession," plaintiff attorney Matt Cook said.
5 minute read
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