ABA Journal

Mergers & Acquisitions

497 ABA Journal Mergers & Acquisitions articles.

MyCase acquires immigration legal tech software Docketwise

MyCase, a practice management software company, announced Monday that it had acquired the immigration software Docketwise and integrated the platform into its cloud-based software.

Law firm profitability ‘dropped markedly’ in first quarter amid 12% hike in associate compensation

Law firm profitability decreased in the first quarter of the year, as direct expenses increased 13.1% and overhead increased 9.9% from the same period last year, according to the Thomson Reuters Law Firm Financial Index.

Consumer site Law School Transparency will join Law School Admission Council’s LawHub

Law School Transparency, an organization founded more than a decade ago by new lawyers who were frustrated by the lack of public data on matters, including employment outcomes and student loan debt, is being acquired by the Law School Admission Council, the organization announced Wednesday.

Nelson Mullins adds 52 lawyers from midsize firm, expands product liability practice

Nelson Mullins Riley & Scarborough is adding 52 lawyers from a midsize firm and launching four new offices.

2 law firms announce separate mergers effective Jan. 1

Verrill Dana and Smith Gambrell Russell have announced separate mergers with smaller firms that are effective Jan. 1.

Top 5 legal technology news stories of 2021

In many ways, 2021 felt like the year that would never end. The pandemic dragged on, and new variants popped up like whack-a-moles. The resulting instability resulted in an increased reliance on remote working software, as lawyers put into place technology that provided the flexibility that their firms needed to transition to a dispersed workforce should the need arise.

Some BigLaw firms are offering jobs to experienced associates without conducting interviews

Several major law firms in the United States and Europe are offering jobs to associates without interviewing them, according to a story by Law.com.

2 law firms announce merger that will bring them into the Am Law 100

Arent Fox and Schiff Hardin announced Wednesday that they will merge March 1, creating a law firm with more than 600 lawyers and policy professionals.

Firms are desperate for associates amid a booming M&A market

A sudden skyrocketing boost in demand for the junior lawyers who help hammer out deals mirrors the huge surge in global mergers and acquisitions that hit a record high $4.33 trillion by the end of September, surpassing the prior mark of $4.1 trillion in deals for the entirety of 2007, according to Reuters. The M&A boom, which included a frenetic summer that saw a spike in deals compared with the same time period in 2020, also has seen senior M&A partners become recruiters.

Some law firms try to keep their lawyers under the radar in misguided effort to keep them

Some law firms trying to hold on to their lawyers are offering special bonuses and perks, making counteroffers, offering more interesting work, and promoting on a shortened timeline.

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.

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