Large Firm

In ‘difficult but necessary step forward,’ merged law firm trims 10% of equity partnership

A&O Shearman is cutting 10% of its global equity partners, closing its Johannesburg office in South Africa and terminating its consulting business, multiple legal publications are reporting.

Sep 9, 2024 2:36 PM CDT

These law firms are tops for midlevel associate satisfaction; how were their tech ratings?

BigLaw’s midlevel associates have spoken. The top law firm for midlevel associate satisfaction is O’Melveny & Myers, according to results from the American Lawyer’s 2024 Midlevel Associates Survey published by Law.com.

Sep 5, 2024 12:02 PM CDT

Which BigLaw firms are hiring the most lateral partners?

Frank Lopez, the chair at Paul Hastings, is hiring partners away from rivals with the aim of creating “exponential impact,” he told Bloomberg Law.

Sep 5, 2024 8:59 AM CDT

Joining about 85% of BigLaw firms, WilmerHale adds nonequity partnership tier

Only about 15 law firms in the Am Law 100 have single-tier partnerships, Law.com reported in July.

Aug 27, 2024 11:10 AM CDT

Law firms had strong financial performance in first half of 2024, survey says

Another survey shows an 11.4% year-over-year increase in law firm revenue for the first half of 2024, a percentage that is more than double the 4.4% growth for the same period last year.

Aug 26, 2024 12:39 PM CDT

Willkie adds 5 partners, 6 associates from this BigLaw firm, adding to growing Chicago office

Willkie Farr & Gallagher has nearly 100 lawyers in its Chicago office after adding five partners and six associates from Mayer Brown.

Aug 26, 2024 11:21 AM CDT

These firms are ‘ceiling smashers’ for having highest percentage of women in equity partnerships

Women lawyers still lag behind their male counterparts in leadership positions, according to Law360 Pulse's 2024 Women in Law Report.

Aug 22, 2024 2:44 PM CDT

Lawyers must lead in efforts to preserve accessible, equitable and transparent rule-of-law system

As a nation, we have made the decision to be governed by the rule of law. This means that as a society, we have agreed to abide by a set of transparent, fairly enacted and fairly applied laws and rules that will govern our conduct in our private and public affairs.

Aug 21, 2024 1:39 PM CDT

Joining handful of competitors, BigLaw firm requires NYC office presence 4 days per week

Latham & Watkins is requiring its lawyers in New York City to be in the office four days per week beginning in 2025.

Aug 21, 2024 9:08 AM CDT

Are insurance defense firms in ‘aggressive hiring mode’? New hires sought amid salary disadvantage

An administrative partner at Tyson & Mendes has painted a bleak picture for insurance defense law firms seeking to boost their head count.

Aug 21, 2024 8:44 AM CDT

This BigLaw firm tops ‘A-List’ despite lower gross revenues

Munger, Tolles & Olson is No. 1 in a ranking of “A-List” law firms that is based on a combination of cultural and financial factors.

Aug 14, 2024 8:46 AM CDT

Holland & Knight loses about half its Philadelphia lawyers to this firm

The total number of lawyers joining Polsinelli from Holland & Knight is 47, including 35 lawyers who are establishing a Philadelphia office for their new law firm.

Aug 12, 2024 1:18 PM CDT

BigLaw bonus leader makes announcement that will please associates

A law firm known for its industry-leading announcements on bonuses and pay hikes will be paying summer bonuses this year.

Aug 8, 2024 12:04 PM CDT

Former counsel sues BigLaw firm for alleged disability discrimination

A former counsel at Mayer Brown who was diagnosed with breast cancer in April 2022 has filed a disability bias lawsuit against the law firm.

Aug 8, 2024 11:48 AM CDT

Law firms are seeing ‘significant resurgence’ in financial health, new report says

Most major practice areas experienced growth in the second quarter of 2024, leading to “a significant resurgence in the financial health of law firms,” according to the Thomson Reuters Institute, which released its latest Law Firm Financial Index.

Aug 6, 2024 9:04 AM CDT