The Legal Intelligencer | Analysis
By Amanda O'Brien | August 2, 2023
"It's really hard to get law firms to embrace long-term planning because there's a high sense of urgency for the immediate," said Angela Sebastian, the former CEO of Chicago's Levenfeld Pearlstein.
Daily Business Review | Analysis
By Dan Roe | December 22, 2021
Merge or die was the reality for several Florida boutiques, while midsize and Big Law firms found opportunities in adding regional practices.
By Dan Packel | March 9, 2021
Jason Cyrulnik, represented by Marc Kasowitz, has filed his own suit, claiming his exit followed a spike in the value of a cryptocurrency firm asset that had grown to over $250 million.
By Dan Roe | December 29, 2020
Merger activity was down but not out this year, with five Am Law 100 firms gobbling up boutiques and midsize firms, mostly on the East Coast.
By Dan Packel | October 28, 2020
LeClairRyan was already on its last legs when it negotiated a joint venture with UnitedLex. In the end, its creditors paid the price, according to a lawsuit filed Tuesday.
By Leigh Jones | Vanessa Blum | March 27, 2020
Keith Wetmore, former chairman at Morrison & Foerster, and Bill Brandt, who has helped handle workouts and restructurings for nearly 40 law firms, had big roles during the 2008 recession. Here's their perspective on the major challenges law firms are facing now.
The American Lawyer | Analysis
By Lizzy McLellan | Gina Passarella Cipriani | October 29, 2019
Three decades of data reveal common threads from Finley Kumble to LeClairRyan. What can we learn from the history of law firm failures?
The American Lawyer | Analysis
By Lizzy McLellan | August 25, 2019
LeClairRyan's collapse was years in the making. Sources say the firm overpaid some lawyers, created guaranteed contracts, let overhead expenses grow and made other questionable strategic decisions.
By Jack Newsham | August 9, 2019
Joel Sanders is pushing for his million-dollar fine to be vacated and for the case against him to be completely thrown out.
By Christine Simmons | August 7, 2019
After months of partner defections, the Am Law 200 law firm announced it could sustain itself no longer and plans to wind down its business.
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