By Andrew Maloney | March 26, 2024
Several Am Law 100 firms grew their income partner ranks by double-digit percentages in 2023. Multiple factors are pushing firms to rapidly expand this tier of partners, observers say.
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 Maria Dinzeo | March 22, 2024
The Kirkland team includes star litigators as well as a partner who spent 13 years at the Federal Trade Commission.
New Jersey Law Journal | Analysis|News
By Amanda O'Brien | March 22, 2024
Core revenue increased from the previous year if contingency fees are removed from the equation, according to chairman and managing partner Gary Wingens. The firm is also poised to bring on a new chief operating officer, Goodwin Procter veteran Michael Caplan.
By Andrew Maloney | March 22, 2024
Several law firm leaders have said they are often more concerned with per-lawyer or per-partner thresholds, compared with top-line milestones.
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 Lisa Shuchman | March 22, 2024
The market downturn in Asia has forced many international firms to cut back on their operations in the region, especially in Greater China. In the past year, Latham & Watkins, Perkins Coie, Proskauer Rose, and Akin Gump Strauss Hauer & Feld have all shuttered offices in mainland China.
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.
By Dan Roe | March 21, 2024
Judge John Dorsey ordered the appointment of Patterson Belknap of counsel Robert Cleary to conduct a 60-day investigation of the FTX collapse.
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