ABA Journal

Mergers & Acquisitions

487 ABA Journal Mergers & Acquisitions articles.

One word in a purchase agreement leads to $310M malpractice suit against 2 BigLaw firms

A former corporate client suing two large law firms for $310 million contends that a plural word in a purchase agreement wrongly suggested that it was responsible for an accelerated payout in the event of a second purchaser’s bankruptcy.

Weekly Briefs: Trump sued by Capitol officers; state AG pleads no contest in fatal crash

Capitol officers sue Trump, far-right groups

Seven Capitol police officers have sued former President Donald Trump, far-right groups, Stop the Steal rally organizers and others. The Aug. 26 lawsuit alleges…

Index of law firm profitability jumps to record high after unusual pandemic year

An index that measures the profitability of large law firms reached record highs in the second quarter, bolstered by big jumps from an unusual 2020 during the COVID-19 pandemic.

Weekly Briefs: More people apply to law school; gun-pointing lawyers pardoned

Law school applicants jump, along with high LSAT scores

The number of law school applicants jumped by 13% this year, the biggest hike since 2002. The data from the Law…

How one bankruptcy software company had a banner year despite filings hitting a low

When COVID-19 began hitting the United States hard last year, Janine Sickmeyer was among those in the bankruptcy world who thought that there would be a tsunami of cases. But contrary to the prognostications of many, the influx never materialized.

Afternoon Briefs: Husch Blackwell merges with boutique firm; man sentenced for threat to Flynn judge

Husch Blackwell will merge with boutique firm

Husch Blackwell has announced a merger with a health law boutique that represents hospitals and health care systems in the Boston area. The…

Afternoon Briefs: Justice Thomas questions federal pot law; Jones Day pay case dropped

Justice Thomas questions government’s ‘half-in, half-out’ pot stance

U.S. Supreme Court Justice Clarence Thomas said Monday the federal government may no longer have the authority to intrude on the states’…

Afternoon Briefs: Crowell merger announced; judge reverses himself on juror vaccinations

Crowell & Moring will merge with IP firm

Crowell & Moring is merging with Chicago-based Brinks Gilson & Lione, a 61-lawyer intellectual property law firm. Crowell will have more than…

Afternoon Briefs: SCOTUS overturns another agency structure; corporate diversity suit allowed

Supreme Court rules FHFA structure is unconstitutional

The U.S. Supreme Court ruled Wednesday that the structure of the Federal Housing Finance Agency is unconstitutional because its director can only be…

More than 270 associates have left New York’s 10 most profitable law firms this year; where did they go?

The majority of associates who left New York’s 10 most profitable firms this year stayed in BigLaw, often jumping to firms in the tech sector, according to an analysis by Reuters.

Holland & Knight in merger talks to create 1,600-lawyer firm; does it portend ‘next wave’ of mergers?

Holland & Knight and Thompson & Knight are discussing a merger that could close this summer, the law firms announced Friday.

Increasing revenue while cutting down on billable hours? ‘AI for Lawyers’ says it’s possible

As the founders of a company that provides AI-powered contract analysis software, Kira Systems' Noah Waisberg and Alexander Hudek are used to facing skepticism, fear and doubt from attorneys. Will AI steal their jobs? Would using it violate ethics rules? How can it be good for a business model that relies on the billable hour to cut down on the amount of time that it takes to review a contract?

Law firms are pulling out all the stops in hot hiring market for some lateral associates

Law firms are offering signing bonuses and quickly extending job offers in a bid to lure corporate-transactions associates in a hot hiring market, according to a report by Law.com.

Afternoon Briefs: Multistate suit challenges coronavirus relief provision; Crowell combines with boutique

Lawsuit challenges tax provision in COVID-19 relief bill

Ohio Attorney General Dave Yost has filed a lawsuit challenging a tax provision in the $1.9 trillion coronavirus relief package. The provision…

Who’s Zooming who in the lateral partner market?

During my firm’s annual review meeting to discuss a tumultuous 2020, luckily, my phone rang. It was a law firm partner curious about the state of the lateral partner market.

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