Orrick has staged a raid worthy of Wall Street, swiping an eight-partner finance team from Cadwalader—four in London, four in the US—just as CLOs and private credit are reshaping global markets, Global Legal Post reports. The London Line-Up Leading the London contingent is David Quirolo, (pictured) flanked by Claire Puddicombe, Daniel Tobias and Alexander Collins. […]
Orrick Snatches Cadwalader’s Eight-Partner Finance Team Read More »
The Lawyers Who Took Google’s Billing Bonanza Tom Borman, LawFuel contributing editor Google has been whacked with a $425 million jury verdict in a class-action privacy trial in a case that centres on the company’s habit of harvesting user data even after people switched off supposedly protective settings. It’s the corporate version of saying “don’t
Google’s $425 Million Trial Loss And Cooley’s Surprise Starring Role Read More »
A&O Shearman has unveiled its first set of financials since creating the world’s largest Anglo-American law firm — and for a stitched-together giant still working out how to share the same stationery, the numbers are healthy and partner pay too.
Revenue hit £2.9 billion (US$3.7 billion) with pretax profit of £1.1 billion (US$1.4 billion). Average profit per equity partner landed at £2 million (US$2.6 million)
A&O Shearman’s First Results: Big, Loud, and Not Quite Magic Circle Royalty Read More »
The 4 Day Hard-Work Week Trend Sees Kirkland & Ellis Join Up Norma Harris, LawFuel contributing editor Kirkland & Ellis, the behemoth that rakes in close to US$8.8 billion and dumps US$9.25 million per equity partner into their bonus pools has decided zuckt nicht and is trying a four‑day in‑office week in London. The firm that has juniors
Kirkland & Ellis Joins Four-Day Office Week Party (Reluctantly) Read More »
Burford Capital the litigation finance behemoth wants not just to bankroll lawsuits but to buy stakes in actual U.S. law firms. The move isn’t your garden-variety PE play; it’s a direct challenge to the profession’s no-capital-external-to-the-firm orthodoxy.
Burford, under the ever-quotable Jonathan Molot, (pictured above) told the Financial Times he is floating a structure ripped from healthcare and accounting playbooks: split a law firm into two entities, a lawyer-owned practice handling client work, and a Managed Service Organization (MSO) holding assets and providing back‑office muscle in exchange for a cut. It’s a classic “external capital without violating ethics rules.”
Burford Capital Isn’t Just Financing Suits Anymore; It’s Trying to Own the Firm Too Read More »
A-List 2025: Munger reigns, Jenner rockets, and who actually moved the needle The American Lawyer’s A-List isn’t about who shouts the loudest about profits, blending money and meaning: revenue per lawyer, pro bono, associate satisfaction, racial inclusion, and women in the equity partnership. Get three or more of those humming and you move fast and
Fieldfisher has achieved a small, three percent profit gain with its profits per equity partner (PEP) at £1million as firm-wide revenue, including that of its verein structure, grew by a very modest one percent to £385m. The Fieldfisher results cover the 12 months to 31 March 2025, when the integrated Fieldfisher firm delivered revenue of
FieldFisher Achieve A small Profit Gain with PEP At £1million Read More »
NEW YORK, August 11, 2025: International law firm Weil, Gotshal & Manges LLP today announced the continued expansion of its renowned Intellectual Property practice with the additions of highly skilled litigators Chris Henry and Gaby LaHatte, who join the Firm as partners in Weil’s new IP, Technology & Science Litigation practice. Chris will practice from Weil’s Boston office while
Weil IP Expansion Continues with Addition of Chris Henry and Gaby LaHatte Read More »
Following months of market uncertainty, the summer bonus season at BigLaw has exceeded expectations with Milbank’s announcing special bonuses ranging from $6,000 to $25,000 for associates, a cascade of firms has followed suit. But a new trend is also emerging in the way compensation is being handed to associates.
While partners enjoy increased PEP rates with premium work, the competitive world of associate recruitment is seeing some major changes in the way law firms handle the compensation for their top performers at associate level.
The summer bonus season is seeing that trend play out.
Ranajoy Basu joined Squire Patton in London ahead of his former firm’s merger with Schulte Roth & Zabel on 1 August. He is one of the leading lawyers in sustainable procurement, supply chain finance and a member of the Advisory Council of The Sustainable Procurement Pledge. The Squire Sanders media announcement is below – Addition
Former McDermott Will Finance Partner Joins Squire Patton in London Read More »
