The major law firm mergers just kept coming in 2017, with Dentons, Norton Rose Fulbright and Womble Carlyle each bolting on hundreds of attorneys through tie-ups, and the legal industry as a whole experiencing nearly 100 combinations as of Dec. 6. Here, Law360 takes a look at the seven biggest mergers of the year.
Once a taboo topic in the halls of BigLaw, litigation finance is winning over converts. And the peer pressure is building for rival law firms to join the bandwagon.
A general sense of malaise and unhappiness can set in when lawyers overextend themselves, are repeatedly bombarded with stressful situations, or fail to create a balance between work and the rest of their lives. Here, mental health professionals offer a guidebook for lawyers on how to identify whether that sense of dissatisfaction is actually burnout.
President Donald Trump’s nominee for U.S. attorney in California’s Eastern District, who would be serving in that role for the second time, earned more than $5.7 million in distribution and bonuses since 2015 as an Orrick Herrington & Sutcliffe LLP partner, he said in recently published filings.
Lathrop & Gage LC has announced plans to swallow business litigation boutique Spillane Shaeffer Aronoff Bandlow LLP, opening its first West Coast office in Los Angeles.
Mayer Brown LLP is laying off 33 lawyers and some support staff due to pressure from the difficult economy, the firm said Friday.
Experts have spoken out on the root causes of law firm failures and predict a steady number of mergers and dissolutions even after the economy recovers, shedding light on a matter of great concern to law firm management teams worried that their ships might be headed in the same direction as Heller Ehrman LLP and Thelen Reid Brown Raysman & Steiner LLP.
Thelen's lawyers are still in demand as the firm dissolves. Nixon Peabody scored an environmental and energy group. Winston & Strawn scooped up 19 attorneys, and Foley & Lardner nabbed five Thelen expats.
As the employment outlook worsens for corporate associates, some attorneys are contemplating a switch to litigation in hopes of snaring a job, but the move may be more trouble than it’s worth, according to some legal recruiters.
The speculation over which law firm would be able to entice former Solicitor General Paul Clement to join its ranks has ended. Clement, who left his post in June and took up teaching at Georgetown University Law Center, has now returned to his former firm King & Spalding LLP.
The slumping economy claimed more victims at prestigious law firms Wednesday and Thursday as Brown Rudnick LLP and Squire Sanders & Dempsey LLP announced layoffs of more than 50 attorneys and paralegals and 20 support staff.
Nonequity partners in the nation's law firms may be in for a rocky ride in the months ahead as management moves them up or out in a continued effort to weather the economic downturn, legal experts say.
Political experts and politicians alike said Wednesday that, while likely attorney general nominee Eric Holder's controversial role in the Clinton-era pardon of a convicted financier whose wife gave money to Democrats might cause political fireworks, it was unlikely to derail a confirmation.
Women attorneys at the largest U.S. law firms continue to earn less than their male counterparts at every stage of practice and are markedly underrepresented in the leadership ranks, according to a survey published Monday by the National Association of Women Lawyers.
Bracing for a sharp decline in profits, partners at Cadwalader Wickersham & Taft LLP are reportedly planning to vote for the firm’s managing partner and former chairman to step down from the management committee.
The law firm Edwards Angell Palmer & Dodge LLP said on Monday it let go fewer than 60 support staffers from its offices across the U.S.
Washington trial lawyer Gregory B. Craig, who represented President Clinton during his impeachment proceedings and currently practices at Williams & Connolly LLP, reportedly will serve as White House Counsel under President-elect Barack Obama when he takes office.
Although salaries in the legal profession might have leveled off, lawyers practicing in currently hot areas can expect to earn more in 2009, according to an industry salary guide.
Firms continued to devour dissolving firm Thelen this week, swallowing up whole practice groups and impressive numbers of attorneys.
Orrick Herrington & Sutcliffe LLP has jettisoned around 40 associates and counsel in the firm's real estate, structured finance and corporate practices, citing “unprecedented challenges” in the world's global capital markets.
According to government statistics, not even the legal industry has escaped the down economy. But industry experts said Wednesday it's worse in other sectors and there are silver linings.
Law firms prospered in 2007, but the good times are over - at least for now - according to legal management consulting firm Altman Weil Inc., which surveys law firms on a yearly basis on issues including revenue, expenses, billing and compensation.
A rough financial market has pressed law firm White & Case LLP to trim its associate head count by 70 and its nonlegal support staff by around 90, the firm announced on Tuesday.
In the latest pickup to follow the dissolution of Heller Ehrman LLP, McDermott Will & Emery announced Monday it would move its Silicon Valley branch into Heller's former office space in Menlo Park, Calif.