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April 09, 2024 | The American Lawyer

IPO to Insolvency: Big Law Isn't Done Making Money on EV SPACs

"They didn't care because they were making too much money off of it, and now it's especially sad that they're finding yet another way to make money off of the very problems they helped create," Yale Law School professor John Morley said of the corporate lawyers who participated in the frenzy.
8 minute read
April 08, 2024 | The American Lawyer

Deal Watch: Kirkland, Simpson, Latham, Cravath Lead $13B Endeavor Buy

At least nine large law firms got a share of the work from Silver Lake's buy of Endeavor Group. The deal is another example of megadeals that are in bloom this year.
9 minute read
April 08, 2024 | The Recorder

Simpson Thacher Recruits Milbank Partner to Continue Building Energy Practice

Javad Asghari is the latest partner addition at Simpson Thacher in the energy and infrastructure space.
2 minute read
April 05, 2024 | National Law Journal

'It's Just Really Frustrating': Microsoft IP Contract Dispute Removed to Federal Court on Eve of Pretrial Conference

"I think [Microsoft is] trying to avoid a trial and an adverse ruling on summary judgment," said Mark Walters of Lowe Graham Jones.
4 minute read
April 05, 2024 | National Law Journal

Wilmer Sees Growing Share of Fees From Meta, as Firm's Total Revenue Expands

Law firms may face business risks if a single client's bills make up more than 5% of a firm's total revenue, some consultants suggest, while others say the threshold would have to be much higher.
4 minute read
April 05, 2024 | Law.com

Inside Track: Activist Investors Poised to Wreak More Havoc, Despite Disney Defeat

"Armed with extensive financial analysis and a deep understanding of the industries they target, activists are increasingly likely to make the case that breaking up or selling off certain divisions or subsidiaries would create more value for shareholders," Vinson & Elkins told clients.
4 minute read
April 04, 2024 | New York Law Journal

Deal Watch: Latham, Weil Lead Home Improvement Deal; Dealmakers Face Election Headwinds

While the previous few weeks have shown strong M&A volume, this past week underscores that nothing can be taken for granted about the deal market in 2024.
8 minute read
April 03, 2024 | The American Lawyer

Wilmer Joins Kirkland, Sidley in Racking Up 8-Figure Fees From a Single Client

The same SEC disclosure rules led Blackstone to reveal what it paid Kirkland, and TDS to disclose what it paid Sidley.
4 minute read
April 03, 2024 | Law.com

Wilmer Joins Kirkland, Sidley in Racking Up 8-Figure Fees From a Single Client

SEC disclosure rules forced Meta to throw the spotlight on what it paid Wilmer. The same rules led Blackstone to reveal what it paid Kirkland, and TDS to disclose what it paid Sidley.
4 minute read
April 03, 2024 | Texas Lawyer

Akin Adds Hunton Andrews Energy Transactions Leader as a Partner in Houston

"I've been looking to kind of find the best platform for my practice, which is straddling traditional and new energy," incoming Akin partner Ian Goldberg said.
2 minute read

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