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November 16, 2023 | Law.com

The Law Firm Disrupted: Waiting on Cravath

Whether or not the New York firm opts to match associate raises announced by Milbank earlier this month will have an outsized impact on the behavior of the rest of the market.
4 minute read
November 16, 2023 | The American Lawyer

The American Lawyer Names Attorney of the Year, Law Firm of the Year and More

The American Lawyer Industry Awards honored the industry's best and brightest across several categories that recognize both historical excellence and the evolution of the business of law.
6 minute read
November 16, 2023 | Law.com

Law Firm Closures and Associate Raises Underscore Legal Market Dichotomy

In the 2023 economy, there appears to be no clear direction for the bulk of law firms, unlike 2021 and 2022. Law firms are pursuing a variety of trajectories, in a tale of two markets.
6 minute read
November 15, 2023 | The American Lawyer

Where Are the Milbank Pay Matches? Mixed Market Signals Weigh on Law Firms

"It's a bit telling of how the overall market is kind of feeling at the moment. There's going to be a lot of variability in how firms perform this year," noted New York legal recruiter Scott Yaccarino.
6 minute read
November 08, 2023 | The American Lawyer

Top Performers 'Likely' to Raise Associate Pay After Milbank's Move, but Broad Hesitancy Lingers

The market hesitation was underscored by the lack of immediate, similar moves. Some firms were still waiting on other market leaders to move, sources said.
6 minute read
November 07, 2023 | Litigation Daily

Some Thoughts on This Year's TAL Litigation Department of the Year Finalists

Covington, Cravath, Kirkland, Latham, Orrick, Quinn Emanuel, and Williams & Connolly are the finalists for The American Lawyer's Litigation Department of the Year. What were the common threads that set them apart from the competition?
7 minute read
November 02, 2023 | The American Lawyer

Big Law Firms Call on Top Law Schools to Condemn Anti-Israel Protests, Harassment

A group of more than 200 leading law firms implored law schools to reign in "anti-Semitic activities" on campus as Israel's response to the Oct. 7 attacks draws protest worldwide.
8 minute read
October 24, 2023 | The American Lawyer

Deal Watch: Paul Weiss, Wachtell Lead $53B Energy Deal. How Many More Can We Expect?

"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 23, 2023 | Law.com

Ex-Supreme Court Clerks Find Big Money Opportunities in Litigation Finance

"This is a fascinating and really fun field," said former clerk Travis Lenkner.
9 minute read
October 20, 2023 | Law.com

Legal Departments Expect Outside Counsel to Embrace GenAI: Morning Minute

The news and analysis you need to start your day.
3 minute read

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