Ben Thomson, Senior LawFuel editor In a twist that’s got the legal world buzzing, BigLaw’s bonus season is serving up some serious drama but the twist in the bonus tale is the boutique law firms that are flashing cash like it’s going out of style, while a few heavyweight players are giving the cold shoulder […]
Morgan Lewis has orchestrated a power play of significant proportions, swooping in to claim Kramer Levin’s entire 54-lawyer Paris firm. Let that sink in: 54 lawyers. One office. A single, decisive move that transforms Morgan Lewis into a force majeure in the City of Light. The timing might be one of strategic brilliance. As Kramer
Paul Weiss Shakes Up Partnership with Massive Promotion RoundPaul Weiss has elevated 34 lawyers to partner, nearly tripling last year’s cohort of 12, which is the firm’s first promotion round since introducing a non-equity partnership tier, though the exact number of non-equity partners remains undisclosed by the firm. The promotions heavily favor New York, with
Milbank has announced the closure of its Beijing office, becoming the 14th U.S. law firm to withdraw from mainland China this year as the firm’s sole partner in Beijing, Shepard Liu, retires and two associates depart. Despite the closure, Milbank has reaffirmed its commitment to the Asian market saying: “We remain very committed to Asia
The China Law Firm Exodus Continues With Milbank Joining The Departures Read More »
A&O Shearman were the target of protesters from Extinction Rebellion over the big law firm’s links to fossil fuel deals that they claim amounted to $285 billion in the four year period from 2019 to 2023. The activist group claims A&O Shearman are the second-largest law firm in terms of the value of the fossel
A&O Shearman London HQ Occupied by Climate Activists Read More »
Mayer Brown have reestablished their Hong Kong operation as Johnson Stokes & Master, the name of the Hong Kong-based law firm that merged with Mayer Brown in 2008. Most of the firm’s 170 lawyers have been based in Hong Kong, although Mayer Brown have over 1800 lawyers. Mayer Brown reduced its China presence and now
Mayer Brown Re-Establishes Its Hong Kong Presence Read More »
Profile lateral hires in the competitive London law market continue with Kirland’s hiring Andrew Husdan, a highly regarded fund finance expert from Clifford Chance, who will join Kirkland in London as partner. Husdan is a highly respected fund finance law expert. His expertise encompasses a wide range of financial structures, including traditional financings, hybrid arrangements,
Kirkland & Ellis Bolsters London Fund Finance Practice with High-Profile Hire Read More »
Paul Weiss has managed to score two star litigators from Weil Gotshal & Manges in a move that has raised eyebrows among the law firms as the latter firm loses three key partners in a matter of days. This high-profile exodus underscores once again the fierce competition for top legal talent in today’s tough legal
Heavyweight Lawyers Leave Weil Gotshal For Rival Read More »
Tom Borman, LawFuel Big Law contributor Biglaw bonus season is in full swing, with four major firms matching the lofty levels provided by Cravaths and Millbank. Cravath, Paul Hastings, McDermott, and Fried Frank have all announced bonuses ranging from $21,000 to $140,000 for associates. Cravaths kicked off the bonuses with their bonus payments, followed swiftly
Biglaw Bonuses Boom As Associates Cash In Up to $140K Read More »
New York, NY, November 20, 2024 — Willkie Farr & Gallagher LLP announced today that it has elected 19 new partners, effective January 1, 2025. “We are thrilled to welcome this group of exceptionally talented lawyers to our partnership,” said Firm Chairman Thomas Cerabino. “They reflect the breadth and depth of Willkie’s global capabilities across numerous
