Large Firm

Grit and growth mindset boosts work of teams, new ABA report finds

Can teams operate in a gritty and growth mindset-oriented way, and if so, does that make them more successful?

Apr 24, 2023 4:07 PM CDT

Which firms snagged top spots for gross revenue, profits per lawyer and equity partner?

Fifty law firms had gross revenue of $1 billion or more in 2022, including 18 firms with more than $2 billion in gross revenue, according to the latest rankings published by Law.com.

Apr 20, 2023 1:25 PM CDT

BigLaw partner agrees to pay more than $7.2M to settle allegations of unpaid taxes

A Williams & Connolly partner has agreed to pay more than $7.2 million to settle the federal government’s civil suit for unpaid federal income taxes. Lawyer Robert Shaughnessy and Susan Shaughnessy, identified as a person living in his home, agreed to pay that amount in a joint motion for consent…

Apr 18, 2023 10:45 AM CDT

Baker & Hostetler partner ‘spoke words but did not provide answers’ in deposition, special master says

A special master has ordered a Baker & Hostetler partner to sit for a second deposition after finding that he was “an extraordinarily difficult and evasive witness” during the first round of questioning.

Apr 17, 2023 3:07 PM CDT

BigLaw firm confirms more layoffs in business services

Shearman & Sterling is laying off additional employees after an earlier round of cuts in February.

Apr 13, 2023 10:59 AM CDT

Cooley reportedly pushes back start date for incoming associates; are summer programs at risk?

Cooley has pushed back its start date for new associates from November 2023 to January 2024, according to reports by Bloomberg Law and Law.com that rely on anonymous sources.

Apr 12, 2023 9:30 AM CDT

BigLaw firm acknowledges cyberattack on vendor left its data exposed

Proskauer Rose has said it is investigating an incident in which its data was exposed on a cloud-based platform.

Apr 10, 2023 11:32 AM CDT

BigLaw associate’s admonition to be available 24/7 with ‘no exceptions, no excuses’ goes viral

A Paul Hastings associate’s best-practices advice to junior colleagues in an internal presentation wasn’t that far off the mark, legal observers said. But its tone was lacking.

Apr 6, 2023 9:30 AM CDT

Associate cuts were not layoffs, BigLaw firm says

A spokesperson for Kirkland & Ellis says associate cuts last week were not layoffs.

Apr 4, 2023 11:51 AM CDT

Cadwalader partner reportedly resigns to lead Trump’s representation in Manhattan DA’s criminal case

A partner at Cadwalader, Wickersham & Taft has left the law firm to join the defense team representing former President Donald Trump. Todd Blanche wrote, “I have decided it is the best thing for me to do and an opportunity I should not pass up.”

Apr 3, 2023 2:22 PM CDT

Work slowdown is just one reason for 2022 profit drop among Am Law 200 firms

Profits decreased by double-digit percentages for many law firms in the Am Law 200 in 2022, but the blame is not entirely with a work slowdown.

Mar 30, 2023 10:17 AM CDT

BigLaw firm seeks COVID-19-era rent abatement in $30M suit

Crowell & Moring has filed a lawsuit contending that it is entitled to a rent abatement and interest totaling $30 million because of a “force majeure event” that interfered with its use of the property.

Mar 29, 2023 4:18 PM CDT

Former BigLaw partner accused of lying to bankruptcy court to keep pricey home, Aston Martin

A former BigLaw lawyer who previously gave up his law license has been arrested for allegedly lying to a bankruptcy court about his ability to pay creditors.

Mar 29, 2023 11:53 AM CDT

Associate uploaded over 7,900 documents to external Dropbox before quitting, Littler alleges

Updated: Littler Mendelson is accusing a “disgruntled” associate of uploading more than 7,900 documents to an external Dropbox in February.

Mar 23, 2023 3:44 PM CDT

Former BigLaw attorney gets 1-year suspension for trading on information learned as conflicts counsel

A former Cozen O’Connor attorney has agreed to a one-year suspension of his law license in Pennsylvania for using information that he learned as a conflicts attorney to buy stock in advance of a merger.

Mar 21, 2023 2:47 PM CDT