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June 13, 2023 | International Edition

Orrick Lays Off Attorneys and Staff, Defers Incoming Class

The firm is letting go of about 40 associates and 50 staff members due to reduced client demand in some areas and the impact of technology, data and the evolving workplace on the type of support it needs to operate.
2 minute read
June 12, 2023 | International Edition

Deal Watch: Wachtell Has Big Week as PGA/LIV Merger Looks … Shaky

Wachtell worked on two of the four largest deals of the week, but one of them is running into a bit of scrutiny.
10 minute read
June 12, 2023 | International Edition

The Law Firms With the Most Female Equity Partners, 2023

Ropes & Gray, Trowers & Hamlins and Cooley topped the ranking of the UK equity partnerships with the most women, but wider progress at the top level has stalled.
5 minute read
June 11, 2023 | International Edition

What a Difference a Year Makes for Law Firm Associates

The power dynamic inside law firms has shifted. Intense talent wars are gone, demand for legal services has dropped, COVID alerts have been canceled and partners once again can call the shots. Associates have lost their leverage — for now. But pendulums swing back and forth. How long can partners maintain the upper hand?
8 minute read
June 08, 2023 | International Edition

The Weather in Asia Is Grim

The legal market in Asia is suffering, writes Asia editor Jessica Seah. IPOs have fallen off a cliff. Mergers and acquisitions are at a 10-year low. Some firms are finding ways to keep busy, but how long can this go on?
5 minute read
Law Journal Press | Digital Book District of Columbia Legal Malpractice Law 2024 Authors: Shari L. Klevens, Alanna G. Clair View this Book

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June 07, 2023 | International Edition

Cooley Delays Some First-Year Associates by Another Year, Reassigns Others as Corporate Slump Continues

The announcement comes just two months after the firm announced in April it would delay its entire incoming class to January 2024.
2 minute read
June 07, 2023 | International Edition

Fasken Nabs Venture Tech and Emerging Growth Partner in Montreal From Dentons Canada

The move comes amid a flurry of activity in Canada's life sciences, private equity, and venture capital legal sector.
3 minute read
May 22, 2023 | International Edition

More First-Year Deferrals Likely as Firms Grapple With Dormant Corporate Practices, Large Incoming Class Sizes

Some firms are considering deferring start dates to January, coinciding with an expected uptick in demand.
3 minute read
May 21, 2023 | International Edition

What Do Lawyers Want?

Young lawyers are not buying into the promise and prestige of a life in Big Law, as it doesn't align with what they view as important. Do they have a point?
8 minute read
May 15, 2023 | International Edition

Cooley Taps Covington Veteran for London Life Sciences Hire

It is a rare hire for the firm's London office, which added life sciences partner Frances Stocks Allen last June.
2 minute read

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