The Saudi Big Law Gold Rush Tom Borman, LawFuel contributing editor Big Law firms are continuing to move into the increasingly crowded Saudi legal market scrambling for a piece of the action. In the last two years, nearly four dozen global law firms have either set up shop or beefed up their presence in Saudi […]
In a year when lawyers in swanky glass towers were booking profits faster than partners could update their Patek Philippe collections, three new firms have crashed the Am Law 100’s exclusive “Super Rich” party.
Dechert, Cadwalader Wickersham & Taft, and Jenner & Block have all secured VIP access to the club where profits per lawyer hit at least $550,000 and revenue per lawyer tops $1.1 million.
The Profit Per Lawyer Olympics Sees Three New Firms Medal in 2024’s Money Marathon Read More »
Biglaw’s Trump Surrender Tom Borman, LawFuel contributing editor In what appears to be a growing trend across the US biglaw business, five additional major law firms have committed substantial pro bono resources in response to recent executive branch pressures. Kirkland & Ellis, Latham & Watkins, A&O Shearman, and Simpson Thacher have each pledged $125 million
Five More Law Firms Pledge $600M to Dodge Executive Order Bullets Read More »
Trump’s Law Firm Hit List Grows Tom Borman, LawFuel contributing editor When the former president decides your firm is next on his legal hit list, you’ve officially joined what might be the most exclusive club no one asked to join. That’s the predicament elite litigation powerhouse Susman Godfrey the litigation boutique that finds itself in
Susman Godfrey Vows to Fight Trump Executive Order Read More »
Sidley Austin Scores Wall Street Heavyweight in Latest BigLaw Drama Tom Borman, LawFuel contributing editor When your firm has spent decades as the Fort Knox of partner retention, watching top talent walk out the door must sting worse than a first-year associate’s billable shortfall. That’s the reality Cravath Swaine & Moore now faces as Dave
A&O Shearman announces today the addition of partners Paul Astolfi (pictured) and Katy McNeil to its Energy, Natural Resources, and Infrastructure practice in the U.S. Paul is a market-leading advisor to institutional investors, banks, and other debt providers in a myriad of energy transition matters, notably renewables. He has decades of experience specializing in finance, mergers and acquisitions, reorganizations with
What Did The Skadden Letter Say? In a strongly worded letter delivered to Executive Partner Jeremy London this week, 80 Skadden alumni expressed their “profound disappointment and deep outrage” regarding the firm’s recent deal with President Trump given that the firm has diversity in its DNA. The protest highlights growing tensions within elite law firms
Former Skadden Lawyers Express “Deep Outrage” Over Trump Representation Read More »
Herbert Smith Kramer Merger News Tom Borman, Contributing Editor The much-anticipated transatlantic merger between Herbert Smith Freehills (HSF) and Kramer Levin is hitting a slight speed bump. Originally slated for May 1, the official merger date has now been pushed back to June 1, giving partners at both firms extra time to finalize their votes.
Herbert Smith Freehills and Kramer Levin Merger: Delayed, But Still On Track Read More »
Trump’s Law Firm Showdown The law profession’s response to President Trump’s campaign against perceived enemies within the profession continues to diverge, with Milbank becoming the fourth major U.S. law firm to strike a deal with the White House, while Perkins Coie has chosen to fight back in court. New York-headquartered Milbank committed $100 million in
The Trump Law Firm Showdown – Milbank Strikes Deal While Perkins Coie Fights Back Read More »
Wilkie Farr Bows with Pro Bono Arrangement Willkie Farr & Gallagher, home to Doug Emhoff, husband of former Vice President Kamala Harris, has been the latest law firm to strike a $100 million pro bono deal with Trump’s administration to avoid becoming collateral damage in what critics are calling a political shakedown. Emhoff joined Wilkie
Another Day, Another $100 Million Law Firm Deal For Trump Read More »
