The American Lawyer | Analysis
By Dan Roe | July 11, 2023
The firm gets paid 60% to 80% of investment banks working on the same deals and two to three times its billable rate on "premium-billing" litigation matters, according to a court filing.
By Dan Roe | July 7, 2023
A complaint filed this week alleges Wachtell added a $71 million success fee to accrued hourly billables, which lame-duck in-house counsel approved against Musk's orders.
The American Lawyer | Analysis
By Justin Henry | July 5, 2023
Kirkland and Am Law 50 peers K&L Gates and Proskauer Rose are among the latest victims of a sweeping cyber breach. "It proves that nobody is immune," said Zach Olsen, president of communications firm Infinite Global.
The American Lawyer | Analysis
By Andrew Maloney | Hugo Guzman | July 3, 2023
The pandemic may have accelerated the trend of companies winnowing down their lists of preferred providers.
By Justin Henry | June 30, 2023
The firms join a growing list of global institutions, including banks, universities and corporations, whose data was reportedly accessed by a hacking group known as CL0P.
By Justin Henry | June 27, 2023
Los Angeles County said it would cease sending work to the firm after years of outsourcing cases to it. Other clients have quietly been moving work to the firm now known as Daugherty Lordan even before Lewis Brisbois released derogatory emails previously sent by the new firm's founders.
The American Lawyer | Commentary
By Hugh A. Simons | June 26, 2023
Demand fell last year for the Am Law 100, was flat for the Am Law second hundred, and grew for midsize firms. But data and history suggest this isn't the Second Hundred eating the 100's lunch.
By Andrew Maloney | June 23, 2023
Law firm collections are "slower relative to what we've seen the last couple of years," said Jeffrey Lowe, of Major, Lindsey & Africa.
By Jessie Yount | June 15, 2023
From climatetech deals to tax credit agreements, some firms' energy practices are plenty busy.
The American Lawyer | Analysis
By Jessie Yount | June 9, 2023
Deferrals of incoming law firm associates have thus far been tethered to the hard-hit tech sector, yet legal consultants said they wouldn't be surprised to see more firms change course in the coming months.
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