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News about global law firms -- expanding offices overseas, closing offices overseas, hiring and movement of lawyers and partners from firm to firm. Also, major deals - who is getting the work.
By Charlotte Johnstone | February 27, 2024
"Obviously, the local transactional market is very low, but we're still privileged to be a local desk for global law firms on deals, and I would say that up to 50% of our turnover comes from that work, from our friends across other jurisdictions."
4 minute read
By Krishnan Nair | February 26, 2024
The Global Lawyer: Swiss verein law firms, made up of multiple distinct legal entities, like to portray themselves as one unified firm—but when they're against the wall, do they shape-shift to their advantage?
5 minute read
By Alexander Lugo | February 24, 2024
Adam Seligman, based in West Palm Beach, arrived from local boutique Ward Damon. Paul Williams, splitting time between Austin and Los Angeles, comes from Morgan Lewis.
4 minute read
By Isha Marathe | February 23, 2024
Perez-Llorca became the first Spanish law firm to adopt Leya, a Swedish generative AI assistant, earlier this month. For the firm, the tool struck the right balance between being able to operate in Spanish-language and being compliant with the GDPR.
6 minute read
By Justin Henry | Kasvi Sehgal | February 23, 2024
A ruling from an Illinois appellate court has put Baker McKenzie's structure under scrutiny, two years after Dentons was saddled with a $32 million malpractice verdict that also implicated the firm's verein status.
8 minute read
By Justin Henry | February 21, 2024
Roughly 8% of the firm's $2.07 billion in revenue came in the form of contingency fees, according to Michael Carlinsky, one of three co-managing partners at the firm.
5 minute read
By Abigail Adcox | February 16, 2024
Squire Patton Boggs, Hogan Lovells, Arnold & Porter and Akin are among the firms registering lately as representing foreign principals. The documents highlight what is for some a growing source of business in their public policy practices.
5 minute read
By Abigail Adcox | February 14, 2024
Even as the equity tier expanded and the firm's profits per equity partner rose about 16% to $1.91 million. And amid lateral growth, Steptoe's total full-time equivalent head count rose about 4% to around 396 lawyers last year and revenue per lawyer climbed more than 8% to $1.2 million.
4 minute read
By Jane Wester | February 8, 2024
Plaintiffs counsel said that the defendants worked together to hack his client's confidential information and use it against him while concealing its source.
3 minute read
By Abigail Adcox | February 5, 2024
As Clifford Chance continues expanding its energy and infrastructure capabilities in the U.S., the firm has hired partners in Houston and Washington, D.C.
3 minute read
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