ABA Journal

Large Firm

2594 ABA Journal Large Firm articles.

How are BigLaw firms faring in first quarter? Billable hours are at 15-year low

Demand for legal services is down slightly, while lawyer head count is increasing—a combination that is resulting in a decline in average billable hours, according to a survey of BigLaw firms by Wells Fargo’s Legal Specialty Group.

BigLaw partner calls solicitor general’s brief ‘a hot mess’ in SCOTUS filing; was it unseemly?

Twitter critics were quick to scold a partner at Paul, Weiss, Rifkind, Wharton & Garrison after he called a brief by U.S. Solicitor General Elizabeth Prelogar “a hot mess” in a U.S. Supreme Court filing.

More than 110 lawyers leave this BigLaw firm to join new shop

More than 110 lawyers are leaving Lewis Brisbois Bisgaard & Smith to join a new law firm founded by two of its longtime lawyers.

What some BigLaw firms are doing that makes them look more profitable

Ninety-eight of the nation’s top 100 law firms had 44 fewer partners last year than in 2021, continuing a long-term trend of firms “pulling up the ladder,” according to an analysis by Bloomberg Law.

Some BigLaw firms decline to pay for Twitter check marks, while SCOTUSblog takes a stand

Out of 17 top law firms that had free blue check marks from Twitter, only three have apparently paid to keep them, according to a review by Reuters.

BigLaw CEO bought property partly owned by Gorsuch, who didn’t disclose the buyer

Greenberg Traurig CEO Brian Duffy contracted to buy a property partly owned by Justice Neil Gorsuch nine days after the former appeals judge's confirmation to the U.S. Supreme Court.

Grit and growth mindset boosts work of teams, new ABA report finds

Can teams operate in a gritty and growth mindset-oriented way, and if so, does that make them more successful?

Which firms snagged top spots for gross revenue, profits per lawyer and equity partner?

Fifty law firms had gross revenue of $1 billion or more in 2022, including 18 firms with more than $2 billion in gross revenue, according to the latest rankings published by Law.com.

BigLaw partner agrees to pay more than $7.2M to settle allegations of unpaid taxes

A Williams & Connolly partner has agreed to pay more than $7.2 million to settle the federal government’s civil suit for unpaid federal income taxes.

Lawyer Robert Shaughnessy and…

Baker & Hostetler partner ‘spoke words but did not provide answers’ in deposition, special master says

A special master has ordered a Baker & Hostetler partner to sit for a second deposition after finding that he was “an extraordinarily difficult and evasive witness” during the first round of questioning.

BigLaw firm confirms more layoffs in business services

Shearman & Sterling is laying off additional employees after an earlier round of cuts in February.

Cooley reportedly pushes back start date for incoming associates; are summer programs at risk?

Cooley has pushed back its start date for new associates from November 2023 to January 2024, according to reports by Bloomberg Law and Law.com that rely on anonymous sources.

BigLaw firm acknowledges cyberattack on vendor left its data exposed

Proskauer Rose has said it is investigating an incident in which its data was exposed on a cloud-based platform.

BigLaw associate’s admonition to be available 24/7 with ‘no exceptions, no excuses’ goes viral

A Paul Hastings associate’s best-practices advice to junior colleagues in an internal presentation wasn’t that far off the mark, legal observers said. But its tone was lacking.

Associate cuts were not layoffs, BigLaw firm says

A spokesperson for Kirkland & Ellis says associate cuts last week were not layoffs.

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