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February 02, 2024 | The American Lawyer

Cravath Enters Modern Era of Big Law Amid Regular Rate of Partner Exits

"The tweaking of their model may have stopped some people from leaving, but they don't seem to be leveraging the other aspect of breaking lockstep to expand and grow," noted one observer.
8 minute read
January 31, 2024 | The American Lawyer

The Financial and Cultural Costs in Providing Legal Tech Solutions to Clients

Professionals from Paul Hastings, Husch Blackwell, Redgrave and others discussed whether firms should buy or build and what the cultural costs are, if legal tech teams also develop client relationships.
3 minute read
January 31, 2024 | The American Lawyer

Big Law Rates Continue Rising, But Trail 2023 Increases So Far

The average Am Law 50 firm upped its rates by 8% to 10% in 2024, according to bankruptcy records.
3 minute read
January 30, 2024 | The American Lawyer

China's Property Crisis Marks Sidley's Time in the Sun, But Will it Really Shake Up the Playing Field?

Outside of China's property crisis, activity in the restructuring realm has been muted in Asia. But now that Sidley Austin has sewn up the market on China real estate, how will rival firms shape up?
6 minute read
January 22, 2024 | The American Lawyer

Deal Watch: Big Week in Multiple Verticals in M&A

Skadden and Paul Weiss had multiple big deals in the last few days, as deals from tech, energy and PE power the week. And there were four new IPOs.
8 minute read
January 22, 2024 | The Legal Intelligencer

People in the News—Jan. 22, 2024—Faegre Drinker

On Jan. 9, Faegre Drinker Biddle & Reath corporate partner Elizabeth Diffley presented "More Governance, Executive Compensation, ESG and SEC Updates" as a part of the firm's "Navigating the 2024 Annual Report and Proxy Season" webinar series.
2 minute read
January 22, 2024 | The American Lawyer

Linklaters' US Struggle: A Unique Problem or a Wider Challenge Facing Top UK Firms?

Rivals, consultants and ex-Linklaters partners share views on the firm's recent US expansion and whether it could finally see the firm compete, or highlights a wider challenge facing UK-founded firms in the US.
5 minute read
January 21, 2024 | Law.com

The Law Firm Disrupted: Working Harder or Working Smarter?

It's one thing to prioritize "better business" over "more business," but the real challenge is identifying what that "better business" looks like.
4 minute read
January 17, 2024 | Law.com

Will Upcoming Reforms Finally Unshackle UK Capital Markets? Partners Weigh In

Partners ranging from Latham's Mark Austin and Weil's Murray Cox are upbeat on expected changes that could break open London's faltering stock market—but do the reforms go far enough?
10 minute read
January 12, 2024 | New York Law Journal

Morgan Stanley Agrees to Pay $249 Million to Resolve Block Trading Investigations

Manhattan U.S. Attorney Williams emphasized that the resolution also demonstrates that his office is willing to "evaluate each case and each prosecution on its facts and circumstances" and consider alternatives to prosecution.
3 minute read

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