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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
February 12, 2024 | The American Lawyer

As Associate Pay Raises Divide the Market, Several Law Firms Match, Others Hold Off

"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 08, 2024 | The American Lawyer

Can Big Law Extract the Maximum Value of AI?

Legal departments of major corporations along with the industry's most elite firms are actively using generative AI, and the idea that any organization would wait on identifying and testing use cases is seen as a significant competitive risk.
7 minute read
February 07, 2024 | The American Lawyer

Gen AI Could Force Lawyers, Clients to Talk Differently About Billable Hour, Legal Pricing

Lawyers have historically stayed mum about the value of their work and the resources needed to perform it. But if they want to move away from the billable hour, that's going to have to change.
6 minute read
February 06, 2024 | The American Lawyer

White & Case Helped Distribute Nearly 80% of Celsius Account Holder Funds Before Founder's Criminal Fraud Trial

The crypto lender emerged from Chapter 11 at the end of January, with former customers receiving bitcoin, stock in a bitcoin mining operation and the rights to legal claims against founder Alex Mashinsky.
5 minute read
February 06, 2024 | The American Lawyer

Paul Weiss Continues Rapid London Growth With Another Partner

The latest partner hire takes Paul Weiss to 20 partners and over 120 lawyers in London.
2 minute read
February 05, 2024 | The American Lawyer

Dechert Partner Who Repped J&J, 3M and BP in High-Profile Trials Moves to Paul Weiss

Kimberly Branscome joins Paul Weiss's Los Angeles office after nearly four years at Dechert.
4 minute read
February 05, 2024 | The American Lawyer

Clifford Chance Lures 2 Partners From Kirkland & Ellis

As Clifford Chance continues expanding its energy and infrastructure capabilities in the U.S., the firm has hired partners in Houston and Washington, D.C.
3 minute read
February 02, 2024 | The American Lawyer

Did Davis Polk's Performance Review System Help the Firm Prevail at Trial?

Granular testimony from Davis Polk partners, current and former, added strength to the law firm's defense, says Jessica Taub Rosenberg, co-chair of Kasowitz Benson Torres' employment practices and litigation group.
3 minute read
February 02, 2024 | The American Lawyer

Cravath Enters Modern Era of Big Law Amid Regular Rate of Partner Exits

"The tweaking of their model may have stopped some people from leaving, but they don't seem to be leveraging the other aspect of breaking lockstep to expand and grow," noted one observer.
8 minute read

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