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The American Lawyer

While Touting 10% Revenue Spike, NY Law Firm Announces Departure of 9 Partners

Morrison Cohen, a midsize law firm in New York, announced that nine partners are departing, with seven expected to join Am Law 200 firm Loeb & Loeb.
4 minute read

Daily Business Review

Fla. Records Show Big Law Rates Rising as High as 36% in Recent Years, With Labor and Employment at the Top

Receipts from the Central Florida Tourism Oversight District show that labor and employment attorneys raised rates dramatically while increases in other practices were more muted. Firms billing the entity include FordHarrison, BakerHostelter and Greenberg Traurig. 
4 minute read

Corporate Counsel

Blackstone Racked Up $165M in Kirkland Fees in Just 3 Years

The private equity giant made the unusual disclosure to comply with conflict-of-interest rules that kicked in when Kirkland partner Reginald "Reg" Brown joined its board in 2020.
2 minute read

Daily Report Online

Bradley Arant Sees Revenues Rise and PEP Fall Amid 12% Equity Partner Expansion

The firm's PEP dropped by 5% to $820,000, as its equity tier expanded and its nonequity tier shrunk by 9%, bucking a trend in the industry of growing the nonequity ranks.
5 minute read

The American Lawyer

Faegre Drinker Rebounds From 2022 With Double-Digit PEP Growth

"We saw these huge gains in litigation, including product liability, intellectual property, class actions, appellate work," said Chair Gina Kastel, who is close to completing her first year in the role.
4 minute read

New Jersey Law Journal

Former McElroy Deutsch CFO Charged With Embezzlement

John Dunlea faces a potential total of 15 years in prison and fines of up to $165,000 under New Jersey law.
3 minute read

The American Lawyer

Chasing Higher Performance, Top Firms Are Refreshing Comp Systems to Court Laterals

Embracing the nonequity tier, building bigger bonus pools and moving to a "black box" for individual earnings are all on the table.
11 minute read

The American Lawyer

Impressive Gains at Quinn Emanuel, Hogan Lovells, Milbank Suggest a Healthy 2023 for Am Law 100

"It's interesting to me that those in the top 50 did even better than those in the next 50," said Marci Taylor, a law firm strategy consultant and founder of Mantra Partner, in regard to early reports.
6 minute read

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

Texas Lawyer

$1.9M in Attorney Fees Awarded—But No Lawyer Sanctions

The court found the plaintiff's attorneys reasonably spent 3,291 hours litigating the breach-of-contract and trade secrets misappropriation issues.
4 minute read

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