By Patrick Smith | April 6, 2023
Two law firms that were in the top five last year saw drops out of the top 10 in early 2023.
By Patrick Smith | April 5, 2023
Paul Hastings said the material was prepared by an associate "and the views expressed do not reflect the views of the firm or its partners."
By Patrick Smith | April 3, 2023
It was a lighter week in deals, save for the suplex that WWE and UFC brought to market.
By Jessie Yount | March 31, 2023
Dragged down by overcapacity, some firms continue to trim the associate ranks. But many still plan to pull in more junior lawyers because no one wants to end up with a hole in their ranks when the next deal boom comes along.
By Patrick Smith | March 31, 2023
Chair David Greenwald said a combination of increased expenses and slower transactional work outpaced revenue generation, but that the firm is heading in the right direction.
By Patrick Smith | March 30, 2023
Double-digit drops in revenue, PEP and other key financial metrics were the norm in 2022 for New York's elite firms.
By Patrick Smith | March 28, 2023
Davis Polk's Neil Barr said it's too early to say whether the events of the past two-plus weeks will have a lasting impression on both the banking industry and the deal market moving forward.
By Patrick Smith | March 27, 2023
While Shearman saw a 15.8% decline in the equity partnership, the firm welcomed 18 lateral partners last year.
By Patrick Smith | March 24, 2023
Firm chair Brad Karp said a decline in headcount was a consequence of "not over-hiring," and as associates left in the lateral market last year, the firm chose not to replace them.
By Patrick Smith | March 21, 2023
Deal activity is strong for the second straight week, while a host of law firms landed on several big bank collapse deals.
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