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February 26, 2024 | The American Lawyer

Has Big Law Finally Returned to a Point of 'Normalcy'?

"For the first time in years, firms don't seem to be harried by the tumultuous rollercoaster of events seen thus far during the 2020s," according to a legal industry report this month.
6 minute read
February 22, 2024 | The American Lawyer

Five-Lawyer Milbank Team Heads to Allen & Overy Ahead of Merger

The London hires come just months ahead of the A&O-Shearman merger, scheduled to complete in May. A&O has made other notable hires in the run up to the merger.
2 minute read
February 20, 2024 | The American Lawyer

Deal Watch: Wachtell and S&C Broker Largest M&A Deal Yet of 2024

The deal continues both Wachtell and Sullivan & Cromwell's dominance in financial institution M&A matters.
7 minute read
February 20, 2024 | New York Law Journal

Yes, Deal Activity is Surging. But How Long Will It Last?

Kirkland & Ellis, Latham & Watkins, Skadden, Arps, Slate, Meagher & Flom and other law firms with large transactional practices may see the recent rush of deals as the sign they've been waiting for. The Global Lawyer suggests they may want to curb their enthusiasm.
9 minute read
February 20, 2024 | The American Lawyer

Deals Are Back. But Don't Get Too Excited

Firms with large transactional practices may see the recent rush of deals as the sign they've been waiting for. The Global Lawyer suggests they may want to curb their enthusiasm.
8 minute read
February 18, 2024 | Law.com

Deals Are Back. But Don't Get Too Excited

Kirkland & Ellis, Latham & Watkins, Skadden, Arps, Slate, Meagher & Flom and other law firms with large transactional practices may see the recent rush of deals as the sign they've been waiting for. The Global Lawyer suggests they may want to curb their enthusiasm.
9 minute read
February 15, 2024 | The American Lawyer

Proskauer Snags 2 Milbank Attorneys to Expand Finance Practice

Eric Reimer cited market changes that he said made Proskauer a better fit for his practice. "I do a lot of bankruptcy financing and restructuring, and I see the market moving away from bankruptcy and to balance sheet adjustment."
3 minute read
February 14, 2024 | The American Lawyer

Latest Big Law Layoffs Illustrate Inconsistency in Market as Some 'Still Haven't Seen That Bounce Back'

"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.
4 minute read
February 14, 2024 | The Recorder

Latest Big Law Layoffs Illustrate Inconsistency in Market as Some 'Still Haven't Seen That Bounce Back'

"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.
4 minute read
February 13, 2024 | New York Law Journal

DC Firms Strive to Keep Up With New York on Associate Pay

"Many do compete with the New York firms," said Wells Fargo's Owen Burman about D.C. firms. "But it's not universal."
5 minute read

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