- Latham & Watkins Says: ‘What Pandemic?’ As The Big Law Firm’s Revenues Soar
The Big Law firm has hit profit per partner of $4.52 million Big Law doesn’t get much bigger than Latham & Watkins post a $4.3bn revenue on the back of pandemic restructuring, deals and just plenty of fee-earning business. Revenue growth has been 15 per cent – not bad during a global pandemic that Latham […] More - Latham & Watkins Elects Tax Partner Vice Chair
New York partner succeeds Vice Chair Ora Fisher, who is retiring after nearly three decades at the firm. Powered by LawFuel – Latham & Watkins LLP1 is pleased to announce that New York partner and current Executive Committee member Lisa Watts has been elected Vice Chair of the firm, effective immediately. She joins Chicago partner Brad […] More - Cleary Gottlieb Hire Former Magic Circle Anti-Trust Lawyer
Another senior lawyer has moved from a Magic Circle firm, this time Slaughter and May, to a US competitor. Cleary Gottlieb have hired experienced corporate lawyer Jackie Holland, announcing the hire in the release below – Jackie Holland will join the firm as a partner in the London office, focusing on competition practice, including antitrust […] More - Big Law Firm ‘Pandemic Profits’ Continue With Strong Growth
The Pandemic does not appear to have harmed too many Big Law Firms Big Law continues to report large ‘pandemic profit’ growth, as Cooleys and White & Case report double digit growth in 2020, while Hogan Lovells reports profits per partner (PPP) jumping 30 per cent from 2019 to 2020. The pandemic has seen revenues […] More - Fox-Batting Barrister Blacklisted, He Says
London Barrister Jolyon Maugham hit the social media headlines for killing a fox with a baseball bat over a year ago. At least one big law firm hasn’t forgotten. It’s a ‘shocking abuse of power’, he says. Jolyon Maugham is a director of the Good Law Project, and claims that ‘Magic Circle’ law firm Allen & […] More - ‘Black Box’ Pay Discrimination Claims Against Jones Day Dropped
The discrimination lawsuit brought by plaintiffs across the United States and against Jones Day has been discontinued. Claims of a ‘black box’ compensation system used by the law firm allegedly meant the law firm kept their pay below that made to men at the law firm. US District Judge Randolph Moss of the District of […] More - “Dear Sir, No More’ – Clifford Chance Uses Robots To Gender Neutralise Its Legal Documents
Clifford Chance is to ‘neutralize’ gender-specific language from its legal documents by using a new artificial intelligence tool that will remove greetings like ‘Dear Sir’ to provide a non-sexist language to its documents. ‘He’ or ‘she’ will be replaced with ‘they’ or ‘them’ in the future documents and ‘chairman’ will b no more. The move […] More - ‘Fake News’, Says Jones Day Over US Election Voter Fraud Challenge . . But The News Remains
The chaotic US election has been enveloped in the ‘voter fraud’ controversy, which has also largely enveloped Big Law firm Jones Day and their involvement in lawsuits for the GOP. The firm has worked to avoid being drawn into the controvery, any more than it can, that is, by releasing a statement that affirms that […] More - Deloitte Buy LegalTech Firm To Further Push Deloitte Legal Into Law Space
Deloitte once again demonstrates the ambitions of the Big Four accountants to push into the legaltech market. More - Blank Rome Continues Longstanding Partnership with Diversity Lab to Pilot ‘Mansfield Rule 4.0’
Powered by LawFuel –Blank Rome LLP is pleased to announce that it is participating in Diversity Lab’s Mansfield Rule 4.0, which measures whether law firms have affirmatively considered at least 30 percent women, attorneys of color, attorneys with disabilities, and LGBTQ+ attorneys for governance roles, equity partner promotions, formal client pitch opportunities, and senior lateral positions. Blank […] More - Goodwin Procter’s ‘Stealth Layoffs’ For Associates
Jennifer Bridges – Big Law firm Goodwin Procter is apparently implementing layoffs by stealth according to reports. The firm, which grosses over a billion dollars in revenues, is reportedly cutting associates, having already reduced staff numbers. Using ‘stealth tactics’, the firms can reduce employee numbers almost undercover where they avoid referring to cutbacks that relate […] More - Big Law Firm Implements ‘Voluntary Leave’ Program
The coronavirus has spooked most law firms and the pending merger between Troutman Sanders and Pepper Hamilton has seen a four month delay until 1 July but it has also seen voluntary departures from the firm. A report from AbovetheLaw carries a report from the firm that it is implementing voluntary temporary leave of absence […] More - The Pierce Bainbridge “Who’s Who” Series: The “Name-Partners” Edition in The Law Firm Drama
The Law firm for Rudy Giuliani, Tulsi Gabbard, Michael Avenatti, Carter Page, Don Lemon, Lenny Dykstra, Joan Dangerfield (Rodney Dangerfield’s widow) and a Russian Oligarch – Pierce Bainbridge Beck Price & Hecht LLP – reportedly racked up an “estimated $65 million debt” to Virage Capital Management in a year. Lack of ethics, lies under […] More - Validation for Truth-Telling Ex-Law Firm Partner
The astounding accusations about a ‘smoke & mirror’ law firm by a former law firm partner prove to be on target More - ‘The Firm’ Update – Pierce Bainbridge Meets Lambert, Bendini & Locke?A Disappearance, Leaked Documents, Litigation Fund, Bar Complaint, Accusations of Bribes, Death Threats and More . . “[John] you have an unsustainable business model. . .Trying to do what you are doing – build a major NYC firm overnight is hugely risky . . .The last person who tried it in NY was Mark Dreier. He […] More
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