Big Law

Biglaw Bonus Season 2025

biglaw bonus season 2025 - LawFuel

Cravath Fires the Starting Gun, Milbank Plays Coy, and Everyone Scrambles Like It’s Black Friday Sonia Hickey Bonus season – that magical time of year when Biglaw associates pretend to care about “firm culture” while frantically refreshing their inboxes, praying for a six-figure dopamine hit before the holiday eggnog kicks in. As of November 20, […]

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Ashurst and Perkins Coie Ink Mega-Merger Deal

Ashurst Perkins Coie’s global co-CEOs, Paul Jenkins and Bill Malley - LawFuel

Tom Borman, LawFuel contributing editor Anglo-Australian biglaw’s Ashurst and US player Perkins Coie have decided to tie the knot, crafting a new transatlantic megalaw entity – to be Ashurst Perkins Coie – pending the perfunctory partner vote and regulatory nods. The new firm will straddle 52 offices in 23 countries, weaving a legal web from

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Squire Patton Expands to Baku With 48th Firm Office

Richard Gibbon Squire Patton - LawFuel

Global law firm Squire Patton Boggs announced that it has incorporated and registered a presence in Azerbaijan and imminently will open its 48th office worldwide in Baku, the nation’s capital and commercial center. “The opening of our Baku office represents an important milestone in our firm’s continued international expansion,” said Chair and Global CEO Mark Ruehlmann.

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McDermott Toys With Private Equity Money

Mcdermott Will & Emory consider private equity investment - LawFuel

Big Law’s Next Taboo Ben Thomson, LawFuel contributing editor McDermott Will & Schulte has decided to dip a cautious toe into capitalism’s deep end, confirming it’s in “preliminary discussions” about selling a slice of the firm to outside investors. Chairman Ira Coleman delivered the usual corporate zen: they get “inbound interest,” they “listen to new

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Can the Magic Circle’s Most Profitable Firm Survive Its Own Success?

Slaughter & May future - LawFuel

Slaughter and May’s Billion-Dollar Dilemma – Expand or Perish John Bowie, LawFuel publisher Slaughter and May, a member of the UK’s elite Magic Circle, has proudly charted a different course to its contemporaries. Rebuffing endless international expansion and a bigger partnership, it has maintained a tightly-knit operation. But is it sustainable?  Where Slaughters’ rivals have

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Reed Smith Recognized As Leading Firm by Private Equity 2025 Analysis

law firm tie-up

NEW YORK – Global law firm Reed Smith has been recognized by Thomson Reuters as having one of the highest levels of awareness among private equity decision-makers in the United States, according to the organization’s Private Equity 2025 Analysis. The report also noted that U.K.-based private equity funds recognize Reed Smith as a leading firm for

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Carping at Brad – How Paul Weiss’s Chairman Got Pro Bono Heckles

Bradkarp trump

The Paul Weiss Heckle Evening Brad Karp, chairman of Paul Weiss, found himself on the business end of vocal hecklers during the New York Bar Foundation gala as he valiantly defended his firm’s pro bono track record after the firm agreed to represent Donald Trump. The evening, intended to honor a Paul Weiss partner, quickly

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Saudi Market Lures BigLaw with Cash, Contracts and Headaches

Saudi Arabia Work

Riyadh Rising For Big Law Ben Thomson, LawFuel contributor In the kind of year when seismic regulatory shifts and eye-popping economic ambition collide, 2025 has positioned Saudi Arabia as the world’s most coveted legal hot spot. Heavyweights like Reed Smith, Morgan Lewis & Bockius, Trowers & Hamlins, and Stephenson Harwood have placed big bets on

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Luxury Expenses Claims Dog Pogust Goodhead

Goodhead1

Private jets, yachts and lavish spending are some of the claims against Thomas Goodhead, co-founder of Pogust Goodhead who is now at the center of one of the most significant governance crises in modern UK law firm litigation, according to a Times report.

Pogust Goodhead (former SPG Law) secured a £450 million debt facility and is now seeing its co-founder CEO ousted before its headline case reaches judgment.

Thomas Goodhead co-founded Pogust Goodhead with U.S. class action veteran Harris Pogust, propelling the firm into the big league in 2023 when it secured a reported £450 million investment . . . log in to read more

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