What Brad Karp Told Paul Weiss Staff Over The Trump Crisis On March 23, 2025, Paul Weiss Chairman Brad Karp sent a firm-wide email addressing the recent crisis triggered by a presidential executive order that threatened the firm’s existence. Legal blogger David Lat published the full memo in his Original Jurisdiction newsletter. In his message, […]
The Brad Karp Memo To Paul Weiss And Its Existential Crisis Read More »
Chinese Law Firms Move Strongly On Hong Kong China’s top law firms are making moves that are turning heads in Hong Kong as the so-called “red circle” firms (think Magic Circle, but with a dash of communist flair) are snatching up partners from their American counterparts who are leaving the island. As Western law firms
Chinese Law Firms Are Shaking Up the Legal Scene in Hong Kong Read More »
Herbert Smith Freehills (HSF) has been fined £465,000 by the UK government for sanctions breaches related to Russia, with payments made to banks the subject of asset freezes under British sanctions. The fine was imposed by the Office of Financial Sanctions Implementation (OFSI) after HSF’s former Moscow office made six payments totaling £3.9 million to
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The Paul Weiss ‘Inflection Point’ Ben Thomson, LawFuel contributor Vivia Chen’s latest column at her blog ‘The Ex-Careerist’ on substack delivers a sharp critique of Donald Trump’s escalating attacks on major law firms, with Paul Weiss being his third target. This pattern of retaliation has reached what Chen calls “an inflection point,” as Trump’s executive
Why Trump’s Attack on Elite Firms Is Particularly Savage for Paul Weiss Read More »
The Big Law Message to Associates In what’s becoming a familiar tune across BigLaw, A&O Shearman is now wielding the bonus stick to ensure their office chairs don’t remain empty. The recently merged firm has reminded its London associates that failing to meet the firm’s 60% in-office requirement could leave their wallets lighter come bonus
A&O Shearman’s Message to Associates: Show Up or Kiss Your Bonus Goodbye Read More »
Kirkland & Ellis PEP Approaches $10m Mark Tom Borman, LawFuel Contributing Writer If you’re keeping score at home (and who isn’t in this profession?), Kirkland & Ellis just dropped some financial numbers that would make even the most jaded BigLaw partner spit out their single malt. The Chicago-based legal juggernaut posted a staggering $8.8 billion
Kirkland & Ellis Crushes It Again, Hitting Mind-Blowing $8.8B Revenue Read More »
Paul Weiss Gets the Presidential Cold Shoulder President Trump has signed an executive order targeting Paul Weiss suspending security clearances and restricting government access for its lawyers and employees, in the same manner as his well-publicized moves against Perkins Coie. The move marks Trump’s third swipe at a law firm since returning to office. The
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The Two BigLaw $7 Billion Club Members Latham & Watkins is having a moment. The firm reported a whopping $7 billion in gross revenue for 2024, marking a 23 percent increase from the previous year and entering the $7 billion club with Kirkland & Ellis entering that magic rhealm in 2023 (coming in at $7.21
Latham & Watkins Soars Past $7 Billion in Revenue and a New Era of Growth Read More »
Global law firm Ropes & Gray today announced the opening of an office in Paris, France, and together with the firm’s London office, forms a European hub for Ropes & Gray. Fabrice Cohen, Thierry Arachtingi, and Emmanuel Mimin join Ropes & Gray France AARPI as partners, with Fabrice Cohen serving as office managing partner. They are joined by a large group of counsel and
Trump Targets BigLaw Over DEI President Donald Trump has signed an executive order aimed squarely at the top 50 big law firms in the U.S., focusing on their diversity, equity, and inclusion (DEI) policies. The move was revealed in an executive order signed by Trump on 6 March and targeting Perkins Coie for its work
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