Mergers & Acquisitions

Atlanta-based Smith Gambrell’s merger will produce nearly 400-lawyer firm

Atlanta-based Smith, Gambrell & Russell and Chicago-based Freeborn & Peters have announced that they will combine in a merger effective March 1.

Jan 25, 2023 9:07 AM CST

BigLaw firm will add about 100 lawyers and bolster fintech regulatory expertise through merger

Orrick Herrington & Sutcliffe is gaining about 100 lawyers through a merger with Buckley, a deal that will create a “financial services and fintech law powerhouse,” the law firms said Thursday.

Jan 20, 2023 12:24 PM CST

Holland & Knight will merge with Tennessee law firm

Holland & Knight has announced a merger with Waller Lansden Dortch & Davis, a Nashville, Tennessee-based law firm with more than 280 lawyers.

Jan 6, 2023 2:44 PM CST

Merger will create Southeastern law firm with more than 550 lawyers

Alabama-based Maynard Cooper & Gale and Carolinas-based Nexsen Pruet have announced a merger that will create a law firm with more than 550 lawyers.

Jan 6, 2023 2:23 PM CST

Amid rumors of merger talks, Hogan Lovells and Shearman & Sterling say they always look for opportunities

A handful of lawyers have left Hogan Lovells and Shearman & Sterling amid reports that the two law firms are in merger talks.

Jan 3, 2023 12:58 PM CST

Weekly Briefs: 2 suits against Trump are tossed; lawyers jump to BigLaw from virtual firm

Trump wins dismissal of suits by niece, former lawyer Former President Donald Trump won dismissals Monday of lawsuits filed against him by his niece Mary Trump and his former personal lawyer Michael Cohen. Mary Trump had alleged that she was duped about the value of inherited property when she agreed…

Nov 18, 2022 3:23 PM CST

What most worries law firm business leaders? Cyberattacks, economy and associate pay, new report says

The possibility of cyberattacks is cited most often as a high concern for law firm business leaders, followed by risks caused by high associate salaries and general economic pressures, according to a report released Thursday.

Nov 18, 2022 9:21 AM CST

Some corporate associates lose their jobs at Cooley after performance reviews

Cooley has confirmed that some associates have been let go as a result of midyear performance reviews.

Nov 9, 2022 10:23 AM CST

Slowdown signals ‘rocky road ahead’ for large law firms, but midsize firms make gains, Thomson Reuters report says

Law firm profitability slowed in the third quarter of 2022, according to new data released Monday, as large firms faced rising expenses driven by higher wages and overhead costs.

Nov 8, 2022 2:05 PM CST

Weekly Briefs: Another BigLaw merger; SCOTUS is ‘more of an advocacy group,’ Biden says

News Roundup

Oct 14, 2022 2:43 PM CDT

Calls to defund SEC circulate on Trump’s social media platform

The U.S. Securities and Exchange Commission is being targeted by critics on Truth Social, former President Donald Trump's social media platform, after a holdup in a merger with a special purpose acquisition company because of an SEC investigation.

Oct 7, 2022 9:07 AM CDT

Kirkland sets another record with latest partnership promotions

Kirkland & Ellis has once again boosted the number of lawyers promoted to partner with its latest announcement of a record 193 partnership promotions.

Oct 4, 2022 2:31 PM CDT

Weekly Briefs: ABA supports marriage equality law; Stanford offers new model for legal ed loans

ABA president calls on Senate to support Respect for Marriage Act ABA President Deborah Enix-Ross is calling on members of the U.S. Senate to vote for the Respect for Marriage Act, which the U.S. House of Representatives passed with significant bipartisan support in July. In a letter sent to senators…

Sep 16, 2022 3:03 PM CDT

Cravath is entitled to nearly $75M as a contingency fee in failed-merger litigation, judge rules

A Delaware judge has ruled that Cravath, Swaine & Moore is entitled to a $74.8 million shifted contingency fee in a lawsuit for damages following a failed merger.

Aug 29, 2022 12:53 PM CDT

Law firm profitability continues to decline as M&A work slows, Thomson Reuters report says

Waning demand for legal services and a rebound in expenses are contributing to a continued decline in law firm profitability in 2022, according to the Thomson Reuters Law Firm Financial Index.

Aug 11, 2022 1:49 PM CDT