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- A&O Shearman’s First Results: Big, Loud, and Not Quite Magic Circle Royalty
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) - Kirkland & Ellis Joins Four-Day Office Week Party (Reluctantly)
The 4 Day Hard-Work Week Trend Sees Kirkland & Ellis Join… Read more: Kirkland & Ellis Joins Four-Day Office Week Party (Reluctantly) - Burford Capital Isn’t Just Financing Suits Anymore; It’s Trying to Own the Firm Too
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.” - Am-Law A List – Who Climbed, Who Stalled?
A-List 2025: Munger reigns, Jenner rockets, and who actually moved the… Read more: Am-Law A List – Who Climbed, Who Stalled? - FieldFisher Achieve A small Profit Gain with PEP At £1million
Fieldfisher has achieved a small, three percent profit gain with its… Read more: FieldFisher Achieve A small Profit Gain with PEP At £1million - Weil IP Expansion Continues with Addition of Chris Henry and Gaby LaHatteNEW YORK, August 11, 2025: International law firm Weil, Gotshal &… Read more: Weil IP Expansion Continues with Addition of Chris Henry and Gaby LaHatte
- Hot Summer Bonuses At BigLaw Conceal A Secret
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. - Former McDermott Will Finance Partner Joins Squire Patton in London
Ranajoy Basu joined Squire Patton in London ahead of his former… Read more: Former McDermott Will Finance Partner Joins Squire Patton in London - Pogust Goodhead Fires Back at BHP and Vale in £1.3 Billion Legal Fee Showdown
Pogust Goodhead Accuses BHP & Vale of Underhanded Tactics Ben Thomson,… Read more: Pogust Goodhead Fires Back at BHP and Vale in £1.3 Billion Legal Fee Showdown - Why Big Law Lawyers Are Walking Away: Exits, Burnout & New Legal Careers
More Big Law associates and partners are choosing to leave than ever before—citing burnout, lack of advancement and remote-era disconnection sparking a seismic exodus toward in-house, startups and boutique law career paths. The Big Law conveyor belt, once seen as the golden escalator to prestige and partnership, is creaking under the weight of its own expectations.
Unbelievable catalog of greed and dishonesty