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February 09, 2024 | The American Lawyer

Law Firms Witnessed a 'Return to Profit Growth' in 2023

After profits per equity partner dipped by 5.7% in 2022, they climbed by 6.6% in the last year, according to data from Citi's Global Wealth at Work Law Firm Group.
5 minute read
February 09, 2024 | National Law Journal

Sidley, Milbank, Foley & Lardner and Simpson Land Defense Roles on SEC Action

The SEC, in charging the broker dealers and investment advisers, referred to "widespread and longstanding failures by the firms and their employees to maintain and preserve electronic communications."
2 minute read
February 06, 2024 | International Edition

$14B Japan-US Steel Deal Embroiled in Election-Year Presidential Politics

Lawyers say the deal has become a tool to gain political clout and will unlikely impact Japan-U.S. trade going forward.
4 minute read
February 05, 2024 | Pro Mid Market

Midsize Firms Use Bonuses, Culture to Compete for Talent After High Payouts for Associates

If midsize firms can't match the top of the market in associate compensation, they should tout other perks to potential recruits, said recruiter Steve Stone. For some, non-financial benefits include earlier access to client contact and work-life balance.
7 minute read
February 05, 2024 | The American Lawyer

Deal Watch: Hogan Lovells and Wachtell Land Big Sports Deals

Professional and college sports were center stage this past week for lawyers.
7 minute read
February 05, 2024 | The American Lawyer

Orrick Hires Greenberg Traurig Energy Renewables Shareholder in Chicago

Greenberg Traurig shareholder Alejandra Garcia Earley, who focuses on project finance and energy tax equity financings, has joined Orrick Herrington & Sutcliffe's energy and infrastructure team as a partner in Chicago.
3 minute read
February 01, 2024 | The American Lawyer

Milbank Leaders Praise Non-Equity Partnership Tier Amid London Growth

The firm's famously high NQ pay is "indirectly demanded" by clients, London co-managing partner Andrej Wolf said.
4 minute read
January 30, 2024 | The American Lawyer

Deal Watch: Debt Offerings Surge as Markets Begin to Turn

"It is booming right now," said Wachtell partner John Sobolewski of the liability management market.
8 minute read
January 29, 2024 | The American Lawyer

Milbank's Revenue Jumps 18% as Profits Soar 19% and Nonequity Tier Grows

The firm's 18.6% jump in PEP to $5.114 million occurred as Milbank saw a 51% expansion in its nonequity tier.
5 minute read
January 29, 2024 | Pro Mid Market

How Midsize Firms Can Compete In Wake Of High Payouts For Associates

In response to recent raises to associate base salaries, midsize firms that can't match will reinforce the message that their associates have an accessible and meaningful career path, write Pro Mid Market columnists at recruiting firm The Foster group.
7 minute read

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