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September 24, 2024 | The American Lawyer

Senior Partners Approach $3,000 an Hour, As More Billing Rate Hikes Expected in 2025

About 16 Am Law 50 firms have third-year associates with rates over $1,000, but Valeo Partners project around half of the Am Law 50 to have rates of over $1,000 for this group of lawyers by 2025.
5 minute read
September 24, 2024 | The Legal Intelligencer

Resolving Litigation: Wells Fargo Counsel Discusses His Legal Journey and Approach to Disputes

My guest for this month is Lateef Ledbetter, a senior counsel at Wells Fargo based in Minneapolis. He was exposed to the law early, from his mother's work for state child protection agencies, and traveled far and wide before landing his current position.
9 minute read
September 20, 2024 | The Legal Intelligencer

The End Is Nigh—Or Is It? Experts Debate Law Firm Rate Hikes, AI's Impact and Adaptability

Law firm rates have been on the rise for years—and continue to climb. Yet rumblings indicate clients may have just about had enough. Is the era of continuously rising rates about to hit a snag? Or is it all smooth sailing?
13 minute read
September 19, 2024 | Texas Lawyer

Gibbs & Bruns Safeguards $38M Judgment for Occidental Against Wells Fargo

A series of miscommunications between Wells Fargo and Occidental Petroleum's agent led to a delay in the sale of stock and an alleged loss of $38 million, Occidental claimed.
4 minute read
September 18, 2024 | The American Lawyer

Report: Firms Should Focus on Collections to Prepare for Uncertain 2025

"If firms are prepared for a softening demand economy, and are surprised that demand is strong, they're going to be in better shape than if they plan for future demand and find that it's weak," said Thomson Reuters analyst Bill Josten.
6 minute read
Law Journal Press | Digital Book District of Columbia Legal Malpractice Law 2024 Authors: Shari L. Klevens, Alanna G. Clair View this Book

View more book results for the query "Wells Fargo"

September 18, 2024 | Corporate Counsel

GameStop CEO Fined $1M for Failing to Disclose Wells Fargo Investment

By March 2018, Ryan Cohen had amassed more than $100 million in Wells Fargo shares, the threshold for disclosure under the Hart-Scott-Rodino Act. But he didn''t submit the required filing until January 2023.
3 minute read
September 17, 2024 | The American Lawyer

Deal Watch: Midmarket Private Equity Activity Helps Fuel Law Firm Demand

The lack of big PE deals has been a damper on overall deal activity while midmarket work has picked up some of the slack. That may change soon.
8 minute read
September 10, 2024 | The American Lawyer

Second 50 Law Firms Are Moving Up With Game-Changing Combinations

If you're outside the top 50, it's harder to grow through laterals without being dented by attrition of your own, industry analysts say.
5 minute read
September 10, 2024 | The American Lawyer

Deal Watch: Mega M&A Bounces Back, as NY Law Firms Lead Recent Big Deals

The Wall Street firms had a good week, while the reemergence of the 'megadeal' this year has buttressed deal work.
8 minute read
September 09, 2024 | The American Lawyer

Google Lawyer Heads to Freshfields' Antitrust Practice

Kevin Yingling was director of competition at Google, where he worked for about 15 years.
3 minute read

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