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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

General Rules and Their Exceptions in Appellate Procedure

The legal universe is coated in general rules and principles but, as well known, general principles and rules have their individualized specific exceptions. This article examines such instances in appellate procedure.
13 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
February 12, 2024 | The American Lawyer

Deal Watch: Wachtell, Paul Weiss and V&E Lead $26B Oil Merger as Deal Activity Soars

Energy and life sciences continue to lead the way in deal activity, but tech and other recently nascent sectors are showing signs of life.
12 minute read
February 12, 2024 | National Law Journal

As Associate Pay Raises Divide the Market, Several Law Firms Match, Others Hold Off

"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
February 12, 2024 | National Law Journal

Even With More Competition in DC, These Law Firms Still Have an Edge

D.C. firms say their deep regulatory and litigation background is working to their advantage, contributing to growing profits, particularly in years where transactional work has been softer.
7 minute read
February 12, 2024 | The American Lawyer

Aggressive Rate Hikes, Head Count Management Helped Am Law 50 Squeeze Profits From Sluggish Demand in Q4

The Am Law 50 finished the fourth quarter with nearly 8% more fees worked than Q4 2022 despite a decline in demand, according to a new Thomson Reuters report.
3 minute read
February 09, 2024 | National Law Journal

Sidley, Milbank, Foley & Lardner and Simpson Land Defense Roles on SEC Action

The SEC, in charging the broker dealers and investment advisers, referred to "widespread and longstanding failures by the firms and their employees to maintain and preserve electronic communications."
2 minute read
February 08, 2024 | Daily Report Online

Atlanta Law Firms See Faster Profit Growth, Despite Slowdowns in Revenue

Firms have shifted their leverage models, helping to bump up profits per equity partner for a second year, said Wells Fargo.
5 minute read
February 08, 2024 | New Jersey Law Journal

On the Move and After Hours: Stevens & Lee; Schenck Price; Einhorn Barbarito; Trenk Isabel; Rawle & Henderson; Lowenstein Sandler; Capehart Scatchard

Stevens & Lee welcomes a litigation and finance consultant; Lowenstein Sandler names a new chair for white collar criminal defense; and more moves.
7 minute read

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