Biglaw Mergers Expected To Continue Apace In 2025, Even As Law Firms Grow ‘Pickier’
Ed. note: Welcome to our daily feature, Quote of the Day. It does reduce the number of completed mergers we see, because firms are pickier, and they should be. They’re…
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‘The Damage Has Already Been Done’: Top Firms May Struggle To Recover From Special Bonus Snubs
Ed. note: Welcome to our daily feature, Quote of the Day. When you consider the amount of money saved versus the amount of bad press you get and the general…
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Top Biglaw Firm Crowned As Law Firm Of The Year, Achieving Industry Greatness
Ed. note: Welcome to our daily feature, Quote of the Day. The attributes that distinguish Paul Weiss in the marketplace today are very different from those that distinguished our firm…
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The Disappointing ‘Cascade Effect’ A Lack Of Diversity Could Have On The Legal Profession
Ed. note: Welcome to our daily feature, Quote of the Day. The data is concerning to me. It’s the start of a downward trend here in terms of the diversity…
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Partners Know What They’re Worth, So Biglaw Better Have Their Money
Ed. note: Welcome to our daily feature, Quote of the Day. You have to have the financial strength to pay people what they’re worth in the market. — Frank Lopez,…
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Is Your Firm ‘Exposed’? It May Be Time To Seek Out A Merger – Or Else…
Ed. note: Welcome to our daily feature, Quote of the Day. Any firm that is New York-centric and under $1 billion in revenue is exposed. You are already seeing some…
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Should We Be Expecting A ‘Wave’ Of Biglaw Partner De-Equitizations In 2025?
‘Stay away from my equity!’ Ed. note: Welcome to our daily feature, Quote of the Day. This trend isn’t over. I think it will continue, at least in a trickle,…
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With Big-Time Profits, Biglaw Dealmakers Sure Are Thankful 2024 Was A Busier Year
Ed. note: Welcome to our daily feature, Quote of the Day. As optimism about the deal market continues to return and companies and private equity sponsors alike look to transact…
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Ketanji Brown Jackson Gushes About Doing ‘Better’ Than Matt Damon During Undergrad Drama Class
(Photo by Chip Somodevilla/Getty Images) Ed. note: Welcome to our daily feature, Quote of the Day. We were never in an actual performance, but we were in a drama class…
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DOJ Officials Lawyer Up Ahead Of Trump’s Possible ‘Revenge Prosecutions’
(Photo by Brendan McDermid-Pool/Getty Images) Ed. note: Welcome to our daily feature, Quote of the Day. The Justice Department is Trump’s white whale, and like Captain Ahab, Trump is determined…
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Sonia Sotomayor Has No Plans To Step Down From The Supreme Court
(Photo by ERIN SCHAFF/POOL/AFP via Getty Images) Ed. note: Welcome to our daily feature, Quote of the Day. She’s in great health, and the court needs her now more than…
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Biglaw’s Congressional Investigations Practices Expected To Be On Fire Under Trump 2.0
Ed. note: Welcome to our daily feature, Quote of the Day. I don’t think that there’s a single industry that’s safe anymore, safe meaning like off-limits from investigations. — Michael…
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Biglaw Firms Keeping Things Quiet When It Comes To Presidential Election Results
(Photo by David Becker/Getty Images) Ed. note: Welcome to our daily feature, Quote of the Day. Firm leaders just aren’t talking about it. In the quest for unity, they tend…
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The Fifth Circuit May Become Even More Conservative During Trump’s Second Term
Ed. note: Welcome to our daily feature, Quote of the Day. The opportunity is there now [but] they may be having some reservations about being replaced with Trump’s brand of…
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Of Course Kamala Harris Could Do A Joe Rogan Interview…
(Photo by ALLISON JOYCE/AFP via Getty Images) Ed. note: Welcome to our daily feature, Quote of the Day. Conservatives are convinced Kamala would melt down doing a full Rogan interview,…
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General Counsel Can’t Believe The Rate Hikes They’re Seeing From Biglaw Firms
Ed. note: Welcome to our daily feature, Quote of the Day. The market and variation is utterly bewildering. Some household name firms that are near and dear to clients’ hearts…
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No More ‘Three-Course Meals’: Diddy’s Lawyer Says Jail Food Has Been ‘Rough’ On Client’s Gourmet Palate
Sean ‘Diddy’ Combs (Photo by Shareif Ziyadat/Getty Images) Ed. note: Welcome to our daily feature, Quote of the Day. I think the food’s probably the roughest part of it. —…
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Looking Ahead To 2025: Reining In Partners’ Compensation Expectations
Ed. note: Welcome to our daily feature, Quote of the Day. There’s a difference from what they tell their partners and what they expect. A lot of managing partners want…
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Biglaw Managing Partner Passes On Trials, Says It’s ‘Younger People’s Work’
Ed. note: Welcome to our daily feature, Quote of the Day. Trial work is—not to engage in age discrimination— younger people’s work. It’s hard on you, mentally and physically. It…
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When Is The Best Time To Apply To Law School?
Ed. note: Welcome to our daily feature, Quote of the Day. You’re nearly twice as likely to get an admission offer if you apply early, essentially 40%, compared to 24%….
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