The American Lawyer | Analysis
By Andrew Maloney | December 12, 2023
Most of the law firms that have confirmed matches to the latest associate salary scale have PEP above $2 million a year and more than $1 dollars in gross revenue.
The American Lawyer | Analysis
By Christine Simmons | Anne Bagamery | December 11, 2023
"It was clear that if we didn't approve the pension, the [Allen & Overy] deal wasn't going to go through," a retired Shearman partner said.
By Chris O'Malley | December 7, 2023
It was the FTC that garnered headlines earlier this year by updating its guidance for social media endorsements. But states are getting in on the enforcement action, emboldened by consumer protection laws on their books.
The American Lawyer | Analysis
By Andrew Maloney | December 4, 2023
Even before some firms embraced associate salary increases, the legal industry appeared less optimistic heading into 2024 than they were going into 2023, according to a recent survey.
The American Lawyer | Analysis
By Dan Roe | November 30, 2023
For law firms like Sullivan & Cromwell and Quinn Emanuel Urquhart & Sullivan, the bankruptcy of FTX is proving to be just as profitable as some of the most notoriously lucrative Chapter 11 proceedings.
The American Lawyer | Analysis
By Dan Roe | November 27, 2023
Am Law 100 firms are promoting roughly the same number of partners as last year, but groups like debt finance, antitrust and tax are growing faster than most corporate practices.
The American Lawyer | Analysis
By Justin Henry | November 27, 2023
"Firms open there, not because they want to tap into a certain geographic community but because partners want to live there," Holland & Knight managing partner Steven Sonberg said.
The American Lawyer | Analysis
By Justin Henry | November 16, 2023
"For purposes of accuracy and analysis, it would make things much more clear to the market if there were three tiers: income partner, hybrid and full equity," says one recruiter.
The American Lawyer | Analysis
By Christine Charnosky | Dan Roe | November 13, 2023
While not commenting publicly, some T14 or New York-based law schools have been in discussions with law firms about preventing further incidents of antisemitism on campus, sources say.
The American Lawyer | Analysis
By Justin Henry | November 13, 2023
Some leaders in the lower half of the rankings no longer see elite firms' pay raises as a competitive pressure because the market has become so stratified.
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