By Patrick Smith | April 23, 2024
The growth of private debt and equity funds is fueling support for their corporate practices, evident in the Am Law 100 financial results.
The American Lawyer | Analysis
By Patrick Smith | April 8, 2024
Several New York law firms last year even bested their 2021 performance during the heyday of the deal market.
By Brenda Sapino Jeffreys | March 1, 2024
Morrison Cohen, a midsize law firm in New York, announced that nine partners are departing, with seven expected to join Am Law 200 firm Loeb & Loeb.
By Patrick Smith | February 22, 2024
Paul Hastings' equity tier grew by 2% while its nonequity tier surged by 14%.
The American Lawyer | Analysis
By Andrew Maloney | February 14, 2024
"Our talent levels became misaligned with our existing and projected client demand, particularly in our large transactional practices. I take responsibility for this and am truly sorry that those decisions have led to a significant impact on our people today," said Fenwick & West's chair.
By Justin Henry | January 11, 2024
The adoption of a nontransparent pay system comes as firm leaders seek to reduce internal tensions as the spread of compensation expands.
The American Lawyer | Analysis
By Andrew Maloney | January 11, 2024
Am Law 100 firms increased their associate ranks by only 1.7% through November, even accounting for their fall classes, according to a report this week.
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 Patrick Smith | January 2, 2024
Frank Aquila, partner in Sullivan & Cromwell's corporate group, said the tempering of inflation and the broader economic news that ushers in could be a boon for M&A in 2024.
The American Lawyer | Analysis
By Justin Henry | December 28, 2023
Though firms have different approaches, the momentum in partner compensation is heading toward merit-based rewards to compete for rainmakers and grow profitability.
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