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November 07, 2023 | International Edition

Cravath Adds Non-Equity Tier as Big Law Makes Structural Changes for Competitive Pay

Cravath has been approaching counsel-level attorneys about joining its non-equity tier since at least last summer, according to one Am Law 50 firm leader.
4 minute read
October 25, 2023 | International Edition

Paul Weiss Could Adopt Nonequity Partner Tier in 2024

The New York firm is also considering altering the portion of equity partner pay that comes from firm profits vis a vis bonuses.
4 minute read
October 24, 2023 | International Edition

Paul Weiss, Wachtell Lead $53B Energy Deal. Are More Oil Deals In Big Law's Future?

"There may not be many mega-deals left, but we are likely to continue seeing consolidation in the industry," observed Luis Gomar, partner at Paul Hastings.
8 minute read
October 17, 2023 | International Edition

Deal Watch: Something Is Amiss in Hong Kong

Anemic deal activity has law firms adjusting their staff levels and strategy in the region.
7 minute read
October 04, 2023 | International Edition

Kirkland, Goodwin Lead League Tables as Global M&A Down Hits 10-Year Low

Davis Polk vaulted to No. 4 in the ranking of principal advisors in deal value, while Paul Weiss had the largest jump of the top five.
5 minute read
September 27, 2023 | International Edition

Is Generative AI Coming For Your Billable Hours?

Some disruption to law firm pricing is inevitable, but just how far that spreads is an open question.
9 minute read
September 13, 2023 | International Edition

Wachtell, Freshfields Among 10 Elite Firms Leading on $20B Packaging Deal

A range of firms converged on one of the biggest combinations so far in 2023.
3 minute read
September 11, 2023 | International Edition

4 Big Law Outfits Steer Sale of CAA Stake to Artémis of France

Financial terms were not disclosed, but published reports estimate the value of the deal at as much as $7 billion.
3 minute read
August 23, 2023 | International Edition

Where Have All the London Rainmakers Gone?

U.K. firms need to rethink their star culture if they want to compete on a global scale—A&O's tie-up with Shearman will be the first big test.
4 minute read
August 11, 2023 | International Edition

Latham and Wachtell Lead on $8.5 Billion Fashion Mega Merger

The deal brings luxury brands Versace, Jimmy Choo, Michael Kors, Coach and Kate Spade under the same ownership.
2 minute read

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