- Legal Behemoth Merger Cancelled
The proposed merger talks between Hogan Lovells and Shearman & Sterling have been called off. A statement from both firms made the announcement, which would have created a legal behemoth with over 3,000 lawyers globally and revenue of around $3.6bn. The announcement comes as three partners at Shearman & Sterling’s Munich office, leave to establish … - A look at Changes to the Big Law salary scale: How are Cravath bonuses set each year?
learn how Cravath, Swaine & Moore LLP sets its bonuses, when the announcement is made, and what the bonus scale looks like. We’ll also take a look at the highest paying law firms and how their salaries have changed over the years.Regenerate response - Cravath Scales Up With Aggressive London Move
Cravath expand their English presence with major hires from Shearman & Sterling as they boost their London office - Latham & Watkins Promote 23 Counsel to Partner
Latham & Watkins has created a major round of promotions from counsel to partner with most being US-based attorneys - Diversification & ‘Power Alley’ Practices Boost McDermott’s Law Firm Revenues and Profits
The firm just missed breaking the $2 billion barrier McDermott Will & Emery has achieved a strong 9 percent growth in revenue for the year 2022. This financial success is attributed to the firm’s effective implementation of its “power alley” practices and its development of recession-proof work. Although not on LawFuel’s ‘Prestigious Law Firm’ List … - US Biglaw Firm Takes US King’s Counsel To Add To Ranks
Debevoise & Plimpton have recruited leading arbitrator Jeff Sullivan KC from Gibson Dunn & Crutcher to further strengthen their arbitration practice in London - Herbert Smith Freehills Closes Seoul Office
Anglo-Australian law firm Herbert Smith Freehills is closing its Seoul office but retaining a new Korea group division for the firm - DLA Piper Score Top Ranking on Energy & Infrastructure DealsDLA Piper has been ranked among the top three law firms in the world in terms of the firm’s work advising on renewable energy and infrastructure deals for 2022. The firm has been ranked second as Legal Adviser for Global Infrastructure in 2022 by deal count, having advised on over 50 completed deals. The DLA …
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- Biglaw Billing Hits The Headlines In Baldwin Shooting Case
The tragedy of the Alex Baldwin ‘Rust’ shooting case has seen the issue of Big Law billing hit the headlines too as the prosecutors and defense attorneys face off in some fiery exchanges that see Baldwin’s potential time behind bars dramatically shortened. The Sante Fe District Attorney, Mary Carmack-Altwies, issued a statement that dropped a …Biglaw Billing Hits The Headlines In Baldwin Shooting Case Read More »
- Allen & Overy Introduce ‘Harvey’, Their AI Chatbot
Allen & Overy have introduced an AI chatbot to help their lawyers work more efficiently - Akin Gump Opens Boston Office
With over 1000 lawyers and a strong lobbying presence, Akin Gump hit LawFuel ‘Most Prestigious Law Firm’ list this year and continues its strong growth with the opening of an office in Boston, where it intended to focus on financial restructuring, private equity, and investment management issues. The opening sees the firm joined by a … - Shearman & Sterling Lay Off Lawyers As Market Conditions Bite
Shearman & Sterling have confirmed that they had to let go of 38 employees which include 26 business services team members and 12 associates mainly focused on transactional practices. The New York-based firm says this was necessary to adjust to changing market conditions, which continue to show challenging times ahead, as per the recent Thomson …Shearman & Sterling Lay Off Lawyers As Market Conditions Bite Read More »
- Former Big Law Chief Resigns to Dedicate Time to Helping Children in Need
Big Law leader takes on new role helping kids after featuring in Big Law salary scale rankings - Former Freshfields Partner Sets Up Strategic Advisory
Former Freshfields partner Simon Marchant has set up a new strategic advisory business Rosemont Advisors is a strategy and management consultant firm set up to advise law firms and other professional services firms across various sectors, including strategic reviews and implementation, business planning, recruitment process design, growth management, team reviews and optimisation, compensation structures and reviews, …Former Freshfields Partner Sets Up Strategic Advisory Read More »
- Quinn Emanuel Shrug Off Departures With London Revenue Growth
US-based Quinn Emanuel Urquhart & Sullivan has had a profit increase in its London office with a reported profit margin for the firm of over 70 per cent, according to a report in Legal Business. Quinn Emanuel, a LawFuel list prestige firm, is an aggressive litigator that suffered a major talent loss when three senior …Quinn Emanuel Shrug Off Departures With London Revenue Growth Read More »
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