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Hogan Lovells Rebounds in 2023 With Most Profitable Year in History
The global firm brought in $2.68 billion in revenue, which translated into $2.74 million in profits per equity partner.Law Firm Mergers Began With a Boutique Bash. Will the Party Continue in 2024?
A&O's tie-up with Shearman could be a harbinger of more U.K.-headquartered firms expanding into the U.S.To Secure A&O Merger, Some Shearman Partners Agreed to 50% Pension Cut
"It was clear that if we didn't approve the pension, the [Allen & Overy] deal wasn't going to go through," a retired Shearman partner said.In the Law Firm-Client Relationship, Law Firms Are Playing a Dangerous Game
Law firms are raising rates to protect and increase profits. Corporate legal departments are cutting costs and bringing more work in-house. Where does this leave the legal industry?View more book results for the query "Stroock & Stroock & Lavan LLP"
When Rainmakers Leave, Partners Ask 'Should I Stay or Should I Go?'
A string of individual departures along with an increase in group moves at both Shearman & Sterling and Stroock & Stroock & Lavin bring attention to the calculations partners need to make when they gain a sense their firm may be in distress.Smaller but Mightier: The 2023 Am Law 200 Outperforms Larger Firms
For the Am Law Second Hundred, 2022 was a great year. They are looking to continue that growth, but is their market-leading performance here to stay?Stroock, Nixon Peabody Plan to Merge, Schedule Announcement for Summer
Stroock has previously engaged in merger discussions with McGuireWoods, Steptoe & Johnson and Squire Patton Boggs.Perkins Coie Lays Off 58 Business Professionals
In an internal memo, the firm cited "macroeconomic conditions" as well as "increased expenses" that surpass the rate of revenue growth this year.Shearman & Sterling Lays Off Associates and Staff
The firm said it is laying off 26 business professionals and 12 associates, "focused mainly on transactional practice areas most affected by current and projected market conditions."Download Now
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