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law firms

Troutman Pepper and Locke Lord in Merger Talks

Troutman Pepper Hamilton Sanders and Locke Lord, two prominent U.S. law firms, have confirmed they are engaging in discussions about…

Settlement Reached in Lawsuit Over Copycat Court Filing

U.S. law firm Winston & Strawn has reached a settlement in an unusual copyright lawsuit brought by a smaller firm,…

Global M&A Activity Surges in Q1 2024: Law Firms Navigate Bigger Deals

In the realm of global mergers and acquisitions (M&A), the first quarter of 2024 saw a notable surge in activity,…

Legal Industry’s Compensation Evolution: A Closer Look

In recent times, shifts in partner compensation structures within elite law firms have captured the attention of legal industry observers.…

Retaining Talent: The Rise of Bonuses Structured as Forgivable Loans in Law Firms

In the competitive landscape of law firms, a novel approach is emerging to retain valuable partners and ensure the satisfaction…

Decline in Lateral Hiring Persists for Second Consecutive Year

Law firms are continuing to scale back on lateral hiring of lawyers for the second year in a row, following…

Cravath Elevates Clerkship Bonuses to Competitive Heights

Cravath, known for its distinguished stature in Biglaw compensation, has historically lagged in clerkship bonuses compared to its counterparts. While…

Assessing Marketability of Legal Practice Areas Across the United States

Unlocking Insights: BCG Attorney Search Releases "State of the Lateral Law Firm Legal Market 2024" Report In the dynamic realm…

Top Law Firms Set New Heights in Bankruptcy Rates, Outpacing Inflation

In the latest disclosures of bankruptcy rates, several top-tier law firms have surged beyond inflation rates, with leading restructuring attorneys…

Legal Employment Growth in Top U.S. Firms Slows Amidst Changing Landscape

In response to a combination of stagnant client demand and a less active dealmaking environment, the largest law firms in…

Davis, Polk & Wardwell Attracts Top Litigator from Cravath

Legal Talent Shift: Rory Leraris Joins Davis Polk from Cravath In a notable development within the legal sector, Davis, Polk…

Unraveling the Ideological Tapestry of Big Law: A Fresh Perspective on Legal Leanings

As the curtain rises on the 2024 presidential election, one question looms: Does Big Law exhibit a liberal tilt? Beyond…