Large Firm

BigLaw firms are targeted in cyberattacks and hacking lawsuits

Law firms are frequently the target of hackers because of the valuable information they hold. Five would-be class actions have been filed this year over alleged cyberattacks at law firms.

Jul 12, 2023 3:45 PM CDT

Stroock ends merger talks with one BigLaw firm but continues talking to others

A merger isn’t out of the question for Stroock & Stroock & Lavan, even though it has ended talks about the possibility with Nixon Peabody. “Our discussions with Nixon Peabody were never exclusive,” Stoock announced in a statement.

Jul 10, 2023 1:20 PM CDT

Twitter challenges Wachtell’s ‘gargantuan’ success fee for work before Elon Musk takeover

The new management at Twitter contends Wachtell, Lipton, Rosen & Katz exploited the social media company and violated its fiduciary duties by charging $90 million in fees—including a “gargantuan” success fee—before Elon Musk’s takeover.

Jul 10, 2023 12:15 AM CDT

Crowell may pursue lawsuit for COVID-19 rent break, DC judge says

Crowell & Moring may pursue its lawsuit seeking a $30 million rent refund because of government orders that interfered with its use of its property during the COVID-19 pandemic, a Washington, D.C., judge has ruled.

Jun 29, 2023 9:20 AM CDT

BigLaw partner pay has ‘grown unbelievably,’ putting top lawyers ahead of investment bankers

Fat paychecks taken home by top BigLaw partners are outpacing earnings by investment bankers.

Jun 28, 2023 9:30 AM CDT

Another BigLaw firm delays start dates for some associates

Perkins Coie has pushed back start dates for some first-year associates, according to two published reports.

Jun 22, 2023 9:40 AM CDT

Former Quinn Emanuel partner becomes traffic court judge and ‘Zoom master’

A former top partner at Quinn Emanuel Urquhart & Sullivan has left the lucrative practice of law to become a judge in Cook County, Illinois, making a little more than $215,000 per year.

Jun 20, 2023 2:38 PM CDT

Ex-clients accuse Trump lawyer and Cadwalader of ‘haphazard’ billing and malpractice

Cadwalader, Wickersham & Taft and its former partner Todd Blanche “severely overbilled” two former clients who are entitled to a $1.65 million refund, a June 12 lawsuit alleges.

Jun 16, 2023 8:55 AM CDT

Reed Smith lays off about 2% of global workforce, including lawyers

Reed Smith says it has laid off less than 2% of its global workforce because of “a reduced level of demand for legal services across the industry.”

Jun 15, 2023 9:56 AM CDT

BigLaw firm confirms layoffs, delayed start dates for incoming associates

Orrick Herrington & Sutcliffe will lay off about 40 associates and 50 staff members, a number that amounts to about 6% of its global workforce.

Jun 13, 2023 4:00 PM CDT

BigLaw partner resigns after terminally ill ex-wife posted videos of his tirades

A Greenberg Traurig partner has resigned from the law firm following its investigation into a situation arising from a four-year divorce and custody battle.

Jun 13, 2023 3:24 PM CDT

Silicon Valley-based law firm gives associates the option of one-year deferred start dates with stipend payment

Cooley is offering some incoming corporate associates the option of deferring start dates for a year in exchange for a $100,000 stipend.

Jun 8, 2023 9:13 AM CDT

Another BigLaw firm mandates 4 days per week in office but adopts remote ‘bank’

Davis Polk & Wardwell will require its lawyers and most business professionals to be in the office four days per week—one day more than its current policy.

Jun 7, 2023 2:38 PM CDT

BigLaw firm was ‘caring only about its bottom line’ when it wrongly fired pregnant associate, suit says

A former intellectual property associate at DLA Piper has filed a gender bias lawsuit alleging that DLA Piper fired her because she sought maternity leave.

Jun 7, 2023 10:10 AM CDT

Bryan Cave partner on leave after arrest in undercover sting investigation

A partner at Bryan Cave Leighton Paisner is on indefinite leave after his arrest on a charge of attempted dissemination of indecent materials to a minor in the first degree.

Jun 6, 2023 11:08 AM CDT