Mergers & Acquisitions

525 ABA Journal Mergers & Acquisitions articles.

What most worries law firm business leaders? Cyberattacks, economy and associate pay, new report says

The possibility of cyberattacks is cited most often as a high concern for law firm business leaders, followed by risks caused by high associate salaries and general economic pressures, according to a report released Thursday.

Nov 18, 2022 9:21 AM CST

Some corporate associates lose their jobs at Cooley after performance reviews

Cooley has confirmed that some associates have been let go as a result of midyear performance reviews.

Nov 9, 2022 10:23 AM CST

Slowdown signals ‘rocky road ahead’ for large law firms, but midsize firms make gains, Thomson Reuters report says

Law firm profitability slowed in the third quarter of 2022, according to new data released Monday, as large firms faced rising expenses driven by higher wages and overhead costs.

Nov 8, 2022 2:05 PM CST

Weekly Briefs: Another BigLaw merger; SCOTUS is ‘more of an advocacy group,’ Biden says

News Roundup

Oct 14, 2022 2:43 PM CDT

Calls to defund SEC circulate on Trump’s social media platform

The U.S. Securities and Exchange Commission is being targeted by critics on Truth Social, former President Donald Trump's social media platform, after a holdup in a merger with a special purpose acquisition company because of an SEC investigation.

Oct 7, 2022 9:07 AM CDT

Kirkland sets another record with latest partnership promotions

Kirkland & Ellis has once again boosted the number of lawyers promoted to partner with its latest announcement of a record 193 partnership promotions.

Oct 4, 2022 2:31 PM CDT

Weekly Briefs: ABA supports marriage equality law; Stanford offers new model for legal ed loans

ABA president calls on Senate to support Respect for Marriage Act

ABA President Deborah Enix-Ross is calling on members of the U.S. Senate to vote for the Respect for Marriage…

Sep 16, 2022 3:03 PM CDT

Cravath is entitled to nearly $75M as a contingency fee in failed-merger litigation, judge rules

A Delaware judge has ruled that Cravath, Swaine & Moore is entitled to a $74.8 million shifted contingency fee in a lawsuit for damages following a failed merger.

Aug 29, 2022 12:53 PM CDT

Law firm profitability continues to decline as M&A work slows, Thomson Reuters report says

Waning demand for legal services and a rebound in expenses are contributing to a continued decline in law firm profitability in 2022, according to the Thomson Reuters Law Firm Financial Index.

Aug 11, 2022 1:49 PM CDT

Law-firm recruiting slows as deal work falls

A slowdown in corporate deals is affecting law firm hiring and giving overworked lawyers a breather.

Jul 13, 2022 3:25 PM CDT

Corporate legal departments spend more in-house than on outside law firms, survey finds

Corporate legal departments are spending 54% of their budgets in-house, outpacing their spending on outside counsel, according to a survey released last week by the Association of Corporate Counsel and legal recruiting firm Major, Lindsey & Africa.

Jun 22, 2022 12:13 PM CDT

2 law firms add dozens of lawyers through mergers with smaller firms

Two larger law firms have announced mergers with smaller firms that add dozens of lawyers and expand their footprints.

Jun 14, 2022 3:24 PM CDT

Stroock is in a ‘precarious position’ after loss of bankruptcy group; is a merger needed?

Stroock & Stroock & Lavan is in a “precarious position” following the loss of one of its two crown jewels—its bankruptcy and restructuring group—to Paul Hastings this spring, according to an analysis by Law.com.

Jun 8, 2022 3:25 PM CDT

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.

May 18, 2022 8:44 AM CDT

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.

May 11, 2022 8:39 AM CDT

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