The UK Law Private Equity Pinch Jacqui Coombe, LawFuel contributor In the latest episode of “When Private Equity Buys Your Law Firm,” DWF is showing over 100 staff members the door marked “consultation” – a corporate euphemism we all know precedes the actual exit sign. The top-25 UK firm has launched a redundancy consultation affecting […]
Why Are Kirkland & Ellis Lawyers Heading for the Exits? Jacqui Coombe, LawFuel contributor If you thought Kirkland & Ellis only made headlines for eye-watering profits and lateral partner shopping sprees, think again. The world’s most lucrative law firm is now starring in a new drama: The Great Associate Exodus. And spoiler alert-it’s not just about
f you thought class action was a contact sport, wait until you hear what’s been happening at Pogust Goodhead. The London-based litigation shop that made its name (and burned through a fair bit of investor cash) chasing down corporate behemoths is now facing a drama worthy of its own mini-series.
Pogust Goodhead burst onto the scene with a business model that could make even the most jaded litigation funder’s eyes water.
However there has been trouble brewing and, as The Times reported this week, the law firm’s own auditors have questioned whether the firm can continue as a going concern. Read More . .
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
The UK’s legal world is in the midst of a dramatic change with the driving force is coming from US law firms that are expanding aggressively into London, triggering a fierce battle for both clients and top legal talent.
London has always been a global legal powerhouse, but in recent years, US law firms have set their sights on the city like never before.
By 2021, nearly 90 major US firms had opened London offices, and that number has only grown since.
How US Law Firms Are Shaking Up The UK Legal Profession Read More »
Who Is Aaron Teitelbaum, The DOJ’s Antitrust Virtuoso Who Helped Topple Google’s Ad Tech Empire? Ben Thomson, LawFuel contributing editor If you’re in Biglaw and haven’t heard the name Aaron Teitelbaum lately, you might want to check if your antitrust alerts are still working. The Justice Department’s lead litigator in the landmark Google ad tech
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 »
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 »
