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The American Lawyer
Number of Followers: 1  Subscription journalISSN (Print) 0162-3397 Published by American Lawyer  [1 journal]
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- How To Leave the Legal Industry (Or at Least Find a Job That Makes You
Happier)-
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Authors:The American Lawyer Zack Needles Alaina Lancaster https://images.law.com/contrib/content/uploads/sites/292/2022/05/Adam-Pascarella-Headshot-1-767x633.jpg Podcast/Legal Speak Podcast/Career Development/Young Professionals/Podcast/Legal Services
Abstract:
This week's episode of Law.com's Legal Speak podcast features an interview with Adam Pascarella, a Penn Law grad and former Baker McKenzie associate who charted his own path outside of the legal industry eventually becoming founder and CEO of Second Order Capital Management.
PubDate: Fri, 13 May 2022 18:13:15 EST
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- After Staggering Increases, Law Firm Overhead May Continue to Grow
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Authors:The American Lawyer Andrew Maloney https://images.law.com/contrib/content/uploads/sites/405/2022/05/Bar-Talk-Expenses-767x633-2.jpg Legal Services/News/Law Firm Profitability/Law Firms - Large/Law Firms - Mid Size/Legal Services
Abstract:
Despite a 121% increase in law firm recruiting expenses and 75% increase in marketing costs, overhead still has room to grow this year, analysts say.
PubDate: Fri, 13 May 2022 15:28:07 EST
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- 'GCs Hire Lawyers, Not Firms': Why This Big Law Sports & Entertainment
Lawyer Went Midsize-
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Authors:The American Lawyer Dan Roe https://images.law.com/contrib/content/uploads/sites/405/2022/05/Paul-Loving-767x633.jpg Legal Services/News/Contractual Disputes/Cryptocurrency/Deals; Arrangements/Legal Services/Oregon
Abstract:
Flexible rates and transparent compensation helped midsize global law firm Rimon PC lure Holland & Knight's Paul Loving.
PubDate: Fri, 13 May 2022 15:23:00 EST
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- 'No One Person Can Oversee It': Quinn Emanuel Names Chairman, Co-Managing
Partners-
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Authors:The American Lawyer Jessie Yount https://images.law.com/contrib/content/uploads/sites/405/2022/05/Quinn-Burck-Carlinsky1_2-767x633.jpg Legal Services/News/Law Firm Management/Leadership/Legal Services/California/District of Columbia/New York
Abstract:
In a departure from the management structure the firm has employed for the last nearly four decades, John Quinn, co-founder and longtime sole managing partner, is transitioning to the newly created role of chairman.
PubDate: Fri, 13 May 2022 08:00:14 EST
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- M&A May Be Slower but Big Law Dealmakers Aren't Ready to Panic
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Authors:The American Lawyer Patrick Smith https://images.law.com/contrib/content/uploads/sites/405/2022/05/wAdobeStock_237287430-767x633-1.jpg Legal Services/Analysis/Law Firm Competition/Law Firm Profitability/Mergers; Acquisitions/Legal Services/Mergers & Acquisitions
Abstract:
Several M&A partners said they did not expect associate cuts or staffing adjustments with the new level of work.
PubDate: Fri, 13 May 2022 05:00:39 EST
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- Big Law Firms Welcome Larger Summer Associate Classes to In-Office Work
and Entertainment-
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Authors:The American Lawyer Dan Roe https://images.law.com/contrib/content/uploads/sites/405/2022/05/Times-Square-767x633.jpg Legal Services/News/Diversity/Law Firm Associates/Law Firm Hiring/Law Firms - Large/Legal Education/Legal Services
Abstract:
Kirkland will host more than 500 lawyers across its global footprint. And Dechert and McDermott reported their largest classes in recent history, with 77 and 93 U.S. summers, respectively.
PubDate: Thu, 12 May 2022 15:55:10 EST
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- Seyfarth Shaw Admonished and Sanctioned for 'Abusive' Discovery Conduct
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Authors:The American Lawyer Colleen Murphy https://images.law.com/contrib/content/uploads/sites/292/2022/05/Seyfarth-Atlanta-Sign-767x633.jpg News/Contractual Disputes/Discovery/Legal Ethics; Attorney Discipline/Litigation/Legal Services/Contract Litigation/Colorado
Abstract:
A federal judge in Colorado said the firm "turned this case sour with nasty litigation tactics."
PubDate: Thu, 12 May 2022 15:33:47 EST
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- DLA Piper's Big Question: Is It Time For Financial Integration'
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Authors:The American Lawyer Varsha Patel https://images.law.com/contrib/content/uploads/sites/398/2022/05/Mergers-767x633.jpg Consulting/Legal Services/Analysis/Global Law Firms
Abstract:
Partner concerns around merging profit pools include possible de-equitisation of partners in the non-U.S. arm.
PubDate: Thu, 12 May 2022 09:46:26 EST
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- From 'Practically Nothing' to Full Practices: Law Firms See Growing
Business in NFT Market-
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Authors:The American Lawyer Jacob Polacheck https://images.law.com/contrib/content/uploads/sites/404/2022/05/Daniels-Barnett-1-767x633.jpg Legal Services/News/Law Firm Management/Law Firms - Large/Banking & Financial Services/Corporate Transactions/Georgia
Abstract:
Partners at Atlanta firms such as Troutman Pepper, Kilpatrick Townsend and Baker Donelson all report growing business opportunities related to NFTs. But firms also face challenges in finding knowledgeable attorneys to meet the demand.
PubDate: Wed, 11 May 2022 19:28:09 EST
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- Sidley Austin Explores Miami With Local Hires and New York Transplants
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Authors:The American Lawyer Dan Roe https://images.law.com/contrib/content/uploads/sites/405/2022/05/Miami-1-767x633.jpg Legal Services/News/Commercial Litigation/Law Firm Hiring/Law Firm Office Launches; Closures/Law Firm Partners/Law Firms - Large/Real Estate/Regulation/Legal Services/Florida
Abstract:
The Am Law 20 firm now lists five partners in Miami, including recent local hires from Weil Gotshal and Akerman.
PubDate: Wed, 11 May 2022 17:42:46 EST
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- Despite Q1 Dip, Leasing Activity Expected to Rebound as Law Firms Plan for
the Future-
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Authors:The American Lawyer Jessie Yount https://images.law.com/contrib/content/uploads/sites/405/2022/05/Modern-Skyscrapers-767x633.jpg Legal Services/Analysis/News/Weekend Editor's Picks/Real Estate/Legal Services/Real Estate/California/District of Columbia/Kentucky/Tennessee/West Virginia
Abstract:
Law firms are taking advantage of favorable market conditions and making longer-term commitments amid an apparent shift toward "densification."
PubDate: Wed, 11 May 2022 16:20:12 EST
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- Mintz Hires MoFo HR Leader as New Chief Operating Officer
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Authors:The American Lawyer Patrick Smith https://images.law.com/contrib/content/uploads/sites/405/2022/05/Jason-McCord-767x633.jpg Legal Services/News/Law Firm Hiring/Law Firm Management/Law Firms - Large/Legal Services/Massachusetts
Abstract:
Jason McCord said he is bullish on prospects for growth, despite the headwinds this year. "Everybody is a bit concerned about the economy and the rise in inflation," he said.
PubDate: Wed, 11 May 2022 15:46:13 EST
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- King & Spalding Recruits 3 Partners from Akerman to Build Out Miami
Office-
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Authors:The American Lawyer Jacob Polacheck https://images.law.com/contrib/content/uploads/sites/392/2022/05/Miller-Kavanaugh-Linzer-767x633.jpg Legal Services/News/Law Firm Hiring/Law Firm Management/Law Firm Profitability/Law Firms - Large/Legal Services/Securities/Florida/Georgia
Abstract:
The additions include Brian Miller, who most recently served as the chair of Akerman's securities litigation practice.
PubDate: Wed, 11 May 2022 15:18:00 EST
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- Higher Billing Rates, More Reflection Are Leading Some in Big Law to Go
Small-
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Authors:The American Lawyer Andrew Maloney https://images.law.com/contrib/content/uploads/sites/405/2022/05/Different-Path-767x633.jpg Legal Services/News/Weekend Editor's Picks/Career Development/Law Firms - Large/Law Firms - Mid Size/Law Firms - Small/Legal Services/COVID-19
Abstract:
Some lawyers are heading into smaller firms or launching their own boutiques, due to a mix of billing rate pressures, remote-work flexibility and taking a breather after a busy 2021.
PubDate: Wed, 11 May 2022 05:00:20 EST
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- Kirkland Attracts Cravath M&A Partner Allison Wein
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Authors:The American Lawyer Christine Simmons https://images.law.com/contrib/content/uploads/sites/405/2022/05/Allison-Wein-767x633-2.jpg Legal Services/News/Law Firm Partners/Law Firms - Large
Abstract:
Wein's move, announced Tuesday, is the latest Cravath exit to Kirkland, even after Cravath's step away from its pure lockstep system last year.
PubDate: Tue, 10 May 2022 17:25:15 EST
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- Offit Kurman Combines With North Carolina Law Firm
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Authors:The American Lawyer Bruce Love https://images.law.com/contrib/content/uploads/sites/405/2022/05/Offit-Kurman-Office-Sign-767x633.jpg Legal Services/News/Southeast/Law Firm Mergers/Law Firms - Large/Law Firms - Small
Abstract:
Under Ted Offit's leadership as chair, the firm has experienced strong growth in the last few years. Last year, it entered the Am Law 200 rankings for the first time.
PubDate: Tue, 10 May 2022 15:35:11 EST
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- Pandemic Anxiety Wanes, but Legal Industry's Mental Health Struggles
Persist-
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Authors:The American Lawyer Patrick Smith https://images.law.com/contrib/content/uploads/sites/405/2022/05/Mindfulness-767x633.jpg Legal Services/News/Weekend Editor's Picks/Law Firm Associates/Law Firm Management/Mental Health/Legal Services
Abstract:
The data shows the legal industry may be coming to grips with the realities of the pandemic, and even benefiting from things like remote work. But historical triggers associated with law firm structures are still having negative effects.
PubDate: Tue, 10 May 2022 11:00:37 EST
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- By the Numbers: A Data Snapshot of the Legal Industry's Mental Health
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Authors:The American Lawyer ALM Staff https://images.law.com/contrib/content/uploads/sites/405/2022/05/Mental-Health-767x633.jpg Legal Services/Infographic/Law Firms - Large/Law Firms - Mid Size/Law Firms - Small/Mental Health
Abstract:
With more than 3,400 respondents, Law.com and ALM Intelligence's Mental Health Survey has given plenty of opportunity for analyzing the state of the industry's well-being. Below we offer some of the highlights.
PubDate: Tue, 10 May 2022 11:00:19 EST
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- What It Takes to Successfully Service the Booming NFT Market
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Authors:The American Lawyer Bruce Love https://images.law.com/contrib/content/uploads/sites/405/2022/05/NFTs_2-767x633.jpg Legal Services/Analysis/Weekend Editor's Picks/Cryptocurrency/Entertainment; Sports & Media/Legal Services/Technology/Intellectual Property/Patent/Securities/California/District of Columbia/New York
Abstract:
Taking advantage of this growing realm is no simple matter for law firms. These days, it takes a village to keep up with the evolving demands of the NFT market.
PubDate: Tue, 10 May 2022 05:00:52 EST
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- Sisters of Service Seeks Pro Bono Counsel as Asylum Deadline Approaches
for Afghan Allies-
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Authors:The American Lawyer Dan Roe https://images.law.com/contrib/content/uploads/sites/405/2022/05/Sisters-of-Service-767x633.jpg Legal Services/News/Immigration Law/Law Firms - Large/Pro Bono/Legal Services
Abstract:
Paul Hastings is helping several of the 43 Afghan women—members of an Afghan Female Tactical Platoon that supported U.S. special forces—to navigate a time-sensitive path to U.S. citizenship, but more assistance is needed.
PubDate: Mon, 09 May 2022 18:06:04 EST
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- Weil Continues Washington Expansion With Gibson Dunn Appellate Co-Head
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Authors:The American Lawyer Patrick Smith https://images.law.com/contrib/content/uploads/sites/405/2022/05/Mark-Perry-767x633.jpg Legal Services/News/Washington; DC Metro/Law Firm Hiring/Litigation/Legal Services/District of Columbia
Abstract:
Mark Perry, who was at Gibson Dunn for 27 years, will serve as co-head of Weil's appellate practice.
PubDate: Mon, 09 May 2022 07:00:20 EST
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- Law Firm Profits May 'Plunge' This Year Amid M&A Slowdown and Expense
Growth-
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Authors:The American Lawyer Andrew Maloney https://images.law.com/contrib/content/uploads/sites/405/2022/05/Profits-declining-767x633.jpg Legal Services/News/Law Firm Profitability/Law Firms - Large/Law Firms - Mid Size/Legal Services/COVID-19
Abstract:
Direct expenses shot up 13% in the first quarter after large bonuses and multiple associate pay increases went into effect, while recruiting expenses rose a staggering 121%.
PubDate: Mon, 09 May 2022 06:00:22 EST
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- With Clouds on Horizon, Firms Make 'Informed Bets' on Countercyclical
Practices-
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Authors:The American Lawyer Andrew Maloney https://images.law.com/contrib/content/uploads/sites/405/2022/05/bigstock-Recruitment-Concept-Qualifie-61365872-767x633-1.jpg Legal Services/News/Law Firm Structure/Law Firms - Large/Legal Services
Abstract:
Firms have recently stocked up on bankruptcy, white-collar work and general litigation, anticipating an upward swing in these practices
PubDate: Mon, 09 May 2022 00:04:21 EST
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- 'The Plaintiffs Bar Has Failed on This': Jay Edelson Says It's Time for
Consumer Class Action Reform-
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Authors:The American Lawyer Zack Needles Alaina Lancaster https://images.law.com/contrib/content/uploads/sites/292/2022/05/Jay-Edelson-767x633.jpg Podcast/Legal Speak Podcast/Class Actions/Consumer Protection/Podcast/Legal Services/Class Actions
Abstract:
In this week's episode, Law.com legal technology reporter Isha Marathe talks with prominent plaintiffs lawyer Jay Edelson, who believes consumer class action claims rates are too low—and that the plaintiffs bar is squarely to blame.
PubDate: Fri, 06 May 2022 19:36:19 EST
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- It Will Take 'More Than Food': Big Law Staff Are Balking at Office
Mandates-
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Authors:The American Lawyer Patrick Smith https://images.law.com/contrib/content/uploads/sites/405/2022/05/wAdobeStock_333263636-767x633.jpg Legal Services/News/Weekend Editor's Picks/Law Firm Competition/Law Firm Hiring/Law Firm Management/Legal Services
Abstract:
Law firms are struggling to enforce office attendance policies. Some staffing experts question whether to enforce them at all.
PubDate: Fri, 06 May 2022 15:32:57 EST
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- For Hybrid to Work Longterm, Law Firm Processes Need Refresh
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Authors:The American Lawyer Victoria Hudgins https://images.law.com/contrib/content/uploads/sites/405/2022/04/LTN-Hybrid-Workplace-767x633-1.jpg Legal Services/Analysis/Flexible Working/Law Firm Management/Legal Technology
Abstract:
"They transitioned inefficient in-office processes to virtual." Firms still need to adapt their processes, budgets and culture if they aim to keep some remote work long term.
PubDate: Fri, 06 May 2022 06:48:03 EST
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- Allen & Overy's US Growth Story Hinges on Global Connectivity
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Authors:The American Lawyer Jessie Yount https://images.law.com/contrib/content/uploads/sites/403/2022/05/House-Seward-1-767x633.jpg Legal Services/Analysis/Law Firm Management/Law Firm Office Launches; Closures/Legal Services/California/Massachusetts
Abstract:
"We are winning more market share and more U.S. clients. Why is that true? We have greater scale and depth of capability, and in building that, we have not compromised on quality," said U.S. managing partner Tim House.
PubDate: Thu, 05 May 2022 14:35:34 EST
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- Join Us for a Twitter Discussion on the State of Mental Health in the
Legal Industry-
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Authors:The American Lawyer Richard Binder https://images.law.com/contrib/content/uploads/sites/405/2022/05/Mental-Health_2-767x633.jpg Event
Abstract:
We'll be discussing the results of ALM's Mental Health and Substance Abuse Survey in our first-ever Twitter Space.
PubDate: Thu, 05 May 2022 14:27:13 EST
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- How Metaverse Firms Look to Manage Asset Loss, Disruption Risks in
Untested Worlds-
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Authors:The American Lawyer Isha Marathe https://images.law.com/contrib/content/uploads/sites/397/2022/05/Metaverse-city-767x633-2.jpg Analysis/Weekend Editor's Picks/Law Firm Marketing; Business Development/Legal Technology
Abstract:
Attorneys entering the metaverse acknowledge the risk of a virtual universe shutting down and making their digital assets effectively worthless. But for some, there is value in being first and staying long-term.
PubDate: Thu, 05 May 2022 14:07:42 EST
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- 'I Always Showed Up': How a Former Big Law Attorney Landed Her Dream Job
as a TV Executive-
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Authors:The American Lawyer Ed Hossain https://images.law.com/contrib/content/uploads/sites/292/2022/05/KeAndra-Levingston-767x633.jpg Commentary/Entertainment; Sports Law/Law Firms - Large/Entertainment, Sports & Media
Abstract:
"The Exit Option" is a series of interviews with current and former attorneys who left private practice for "exits" of all kinds. In this installment, Ke'Andra Levingston discusses her path from Big Law oil-and-gas lawyer to television business affairs executive.
PubDate: Thu, 05 May 2022 10:49:07 EST
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- Wilmer Lures Tech Litigator From Gibson Dunn
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Authors:The American Lawyer Jessie Yount https://images.law.com/contrib/content/uploads/sites/403/2022/05/Joshua-Lerner-767x633.jpg Legal Services/News/Intellectual Property/Law Firm Hiring/Trade Secrets/Legal Services/Intellectual Property/Trade Secrets/California
Abstract:
Joshua Lerner's arrival at Wilmer marks the latest of numerous moves among tech litigators since the beginning of the year.
PubDate: Thu, 05 May 2022 06:00:50 EST
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- Want to Thin Your Law Firm's Head Count' Mandate 3 or More Days of
Office Attendance-
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Authors:The American Lawyer Dan Roe https://images.law.com/contrib/content/uploads/sites/405/2022/05/Hybrid-Working-767x633.jpg Legal Services/Analysis/Weekend Editor's Picks/Attorney Work Life Balance/COVID-19/Flexible Working/Law Firm Associates/Law Firm Management/Law Firm Partners/Law Firms - Large/Legal Services
Abstract:
Lawyers overwhelmingly want more flexibility, and they're willing to jump ship to get it, a recent survey of 350 Big Law attorneys found.
PubDate: Thu, 05 May 2022 05:00:12 EST
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- Greenberg Continues Energy Expansion With Mintz Partner Hires, Including
Practice Co-Chair-
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Authors:The American Lawyer Dan Roe https://images.law.com/contrib/content/uploads/sites/405/2022/05/Greenberg-Traurig-office-767x633.jpg Legal Services/News/Deals; Natural Resources/Law Firm Competition/Law Firm Hiring/Law Firm Partners/Law Firms - Large/Project Finance/Legal Services/District of Columbia/Massachusetts
Abstract:
Former Mintz projects and infrastructure co-chair Audrey Louison joined Greenberg Traurig in Washington, D.C., this week while former member Eric Macaux joined the firm's Boston office.
PubDate: Thu, 05 May 2022 00:25:01 EST
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