The American Lawyer | Analysis
By Dan Roe | January 10, 2024
Dechert has hiked its rates for a top partner by 20%, while McDermott is charging top partners out at $2,590 hourly, according to recent bankruptcy court filings.
By Allison Dunn | July 21, 2023
According to U.S. Magistrate Judge A. David Copperthite's report and recommendation, he recommended the court award the plaintiffs $1.05 million—$437,819.54 in attorney fees and $613,053.44 in costs. Judge Julie R. Rubin followed that recommendation, according to an order in favor of Keyes filed July 11 in U.S. District Court for the District of Maryland.
The American Lawyer | Analysis
By Dan Roe | July 11, 2023
The firm gets paid 60% to 80% of investment banks working on the same deals and two to three times its billable rate on "premium-billing" litigation matters, according to a court filing.
By Dan Roe | July 9, 2023
A complaint filed this week alleges Wachtell added a $71 million success fee to accrued hourly billables, which lame-duck in-house counsel approved against Musk's orders.
By Andrew Maloney | May 24, 2023
The median hourly rate for partners in M&A shot up the highest, while partners in Chicago, D.C. and LA saw some of the largest increases.
By Dan Roe | May 10, 2023
Midsize and Second Hundred law firms have raised associate salaries more than the Am Law 100, according to new data from NALP, putting profitability pressure on associates at firms that thrive on work-life balance.
The American Lawyer | Analysis
By Amanda O'Brien | Justin Henry | April 10, 2023
Troutman saw a 2.8% increase in net income spread across an equity partner pool that shrunk 8.5%, allowing profits per equity partner to soar 12.4% to $1.55 million, as the firm de-equitized some of its partnership.
The American Lawyer | Analysis
By Dan Roe | March 30, 2023
Second-year associates and 19th-year partners share the same billing rate in recent bankruptcy filings.
By Dan Roe | March 14, 2023
The global law firm remained well-hedged against rising interest rates, COVID lockdowns and the war in Ukraine.
By Dan Roe | March 10, 2023
The 572-lawyer firm hired 16 lateral partners and replenished its associate ranks in a year when gross revenue rose 4%.
The New York Law Journal honors attorneys and judges who have made a remarkable difference in the legal profession in New York.
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Shipman is seeking an associate to join our Labor & Employment practice in our Hartford, New Haven, or Stamford office. Candidates shou...
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In Memoriam: Richard "Dick" K. DeScherer (1944-2024) We mourn the loss of our friend and former partner and Co-Chairman, Richard "Dick" K. DeScherer. Dick was a member of Willkie Farr & Gallagher LLP for more than 24 years. He was the consummate business lawyer, wonderful colleague and true friend. He joined the Bloomberg organization in 2012, a client for whom he had served as their principal legal advisor since their inception, and later was appointed as a member of their board. Dick's knowledge and experience were unparalleled, as evidenced by appointment to leadership and board positions at numerous well-respected organizations. He was deeply involved in civic and community engagements through his work with the S.L.E. (Lupus) Foundation, Lupus Research Institute, United Hospital Fund of New York, Lincoln Center for the Performing Arts, National Dance institute, and Baryshnikov Dance Foundation, among others. He received an LL.M. in Taxation from New York University in 1970, a J.D. from Georgetown University Law Center in 1969, and a B.A. from the University of Virginia in 1966. He was a member of the American Bar Association, the New York State Bar Association and the Association of the Bar of the City of New York. We offer our sincerest condolences to his family, including his wife Jennie, son Christopher and wife Amanda, daughter Kate, and grandchildren Emmett, Serena, George, Emily and Madeline. We will remember Dick with the utmost respect, admiration and affection. His loss will be felt by his many friends and colleagues at Willkie, and by all those whose lives he touched.
Congratulations to FLB Law's Newest Partner Matthias J. Sportini
Welcome Judge Joseph Quinn (Ret.) The Honorable Joseph P. Quinn, J.S.C., retired New Jersey Superior Court Judge, served for 23 years in the court s Civil, Chancery, and Family Divisions, where he was a strong proponent of mediation and alternate dispute resolution. As the head of Ansell.Law s mediation practice, Judge Quinn provides a valuable resource to parties seeking a final and efficient resolution of their disputes. ANSELL GRIMM & AARON, PC 732-922-1000 https://ansell.law/