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April 16, 2024 | Corporate Counsel

New York Community Bancorp Taps Skadden Partner as GC Amid Financial Turmoil

Bao Nguyen replaces Patrick Quinn, who joined NYCB in 1999 and had held the general counsel role for the last two years.
3 minute read
April 16, 2024 | The American Lawyer

Power Ranking the Am Law 100: Flash Points Ahead

Facing market volatility and AI disruption, winning firms reinvest for renewal and reinvention.
16 minute read
April 16, 2024 | The American Lawyer

Ballooning Nonequity Partnerships Are Boosting Leverage, But Will They Raise Profits?

For the first time, law firms added nearly as many nonequity partners as they did associates.
6 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Average Compensation - All Partners

Average Compensation–All Partners increased by 6.2% in 2023. Seventy-two firms posted increases, compared with 41 the previous year. Twenty firms posted double-digit gains, while five firms posted double-digit losses.
2 minute read
April 15, 2024 | National Law Journal

The Strategy Behind a $525M Patent Infringement Verdict Against Amazon Web Services

"In massive, high-stakes litigation, it's really, really difficult to try cases [against] somebody like Amazon who's got, for all intents and purposes, unlimited resources," said the plaintiff's counsel, Courtland Reichman, noting his team put more than 30,000 hours into the suit.
4 minute read
April 15, 2024 | National Law Journal

Supreme Court Appears Inclined to Narrow Public Corruption Statute

The justices are considering whether a federal anti-bribery law bans payments to public officials not only to get their support but to show appreciation for support they have given.
5 minute read
April 15, 2024 | Daily Report Online

13th Annual Legal Food Frenzy Competition Kicks Off

Law firms, legal departments and legal organizations begin lighting up the leaderboards to reduce food insecurity in Georgia, where 1 in 8 families are struggling and 20% do not qualify for other services.
4 minute read
April 15, 2024 | Corporate Counsel

Twilio GC Sees Pay Drop 73% in 2023

Twilio's chief legal officer Dana Wagner is no longer one of the highest-compensated general counsel, as his stock award shrank by more than $20 million in 2023.
2 minute read
April 15, 2024 | The American Lawyer

Hinshaw, After Lateral Hires and Combination, Grows Revenue and Profits Double Digits

Average PEP shot up more than 34%, as retirements and the progression of some lateral partners through a contract stage had some effect, said firm chair Peter Sullivan.
4 minute read
April 15, 2024 | New York Law Journal

Manhattan Prosecutors Urge Judge to Fine Trump $3,000 Over Alleged Contempt

An ADA said the ex-president—now on trial over alleged hush money payments—violated a gag order in his social media statements.
4 minute read

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