By Andrew Maloney | November 14, 2023
"This could be a decent year if firms are able to speed up collections from now through year-end. So, that's the big 'if'," noted Citi's Gretta Rusanow.
5 minute read
By Patrick Smith | November 13, 2023
Wilson Sonsini's Michael Nordtvedt noted that boards and management teams are "leaving optionality for IPOs in the second half of 2024."
6 minute read
By Isha Marathe | November 13, 2023
Some worry that, as legal tech becomes more essential and expensive, firms will have to cut other areas, such as personnel.
5 minute read
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.
8 minute read
By Andrew Maloney | Chris O'Malley | November 10, 2023
Some GCs are voicing concerns about further rate hikes after associate pay raises. But Milbank's chair said the salary raises wouldn't have a material effect on its billing rate decisions in the future.
5 minute read
By Charles Toutant | November 8, 2023
"I was not in a good place," said a client, who is also a lawyer. "They went through a whole iteration of their knowledge of the [Internal Revenue Code], and ... they seemed knowledgeable."
4 minute read
By Andrew Maloney | November 7, 2023
The firm's chair pointed to "a very, very busy year" across the firm—one in which productivity was "materially" increased, as well as increasing cost of living.
2 minute read
By Patrick Smith | November 7, 2023
Ed Herlihy and Daniel Neff will remain on the firm's executive committee.
2 minute read
By Justin Henry | Patrick Smith | November 7, 2023
Cravath has been approaching counsel-level attorneys about joining its non-equity tier since at least last summer, according to one Am Law 50 firm leader.
4 minute read
By Patrick Smith | November 7, 2023
"The more significant challenge that leveraged M&A is facing is the breadth of available financing," noted Ethan Klingsberg at Freshfields.
8 minute read
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Professional Announcement
Frederick D. Miceli has joined the firm as Of Counsel
Professional Announcement
