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Lawdragon Legal Consultant Limelight: Sabina Lippman

When a managing partner of a top tier law firm needs a new rainmaker, they only need to make one call: Sabina Lippman. The reason is simple – Lippman, co-founder...

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Regulators turn up the heat on Trump and Lucid Spac deals

Plus, an elite law firm’s pay model gets a big overhaul, and BuzzFeed’s blank-cheque listing falters One thing to start: US corporate lawyers are on track to receive record bonuses...

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Cravath overhauls partner pay structure to end ‘pure lockstep’

Elite New York law firm Cravath, Swaine & Moore is overhauling its pay structure to reward partners based on merit, removing one of the last bastions of so-called pure lockstep...

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US lawyers set for record bonuses as pandemic fires dealmaking

Firms offering awards of $115,000, 15% higher than 2020, after frantic year. US corporate lawyers are on track to receive record bonuses this year as a wave of dealmaking and...

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Cuomo Confronts Post – Albany Future Clouded by ‘Toxic’ Reputation

In two weeks, he will step down as governor of New York and it’s not clear what he will do for a living or even where he will live. Unlike...

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Latham’s Second Chance: A New Crisis Let the Firm Rewrite Its Infamous Response to the Last One

In 2009, Latham & Watkins laid off 12% of associates and 250 staff members in response to the global financial crisis. In 2020, it avoided cuts—and had one of the...

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Elite New York Firms’ 2020 Financial Performance Furthers Strategic Advantage

Several New York firms engaged in some of their most expansive lateral hiring, while some also used the period to move further away from the strict lockstep partner pay model.

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Latham Snags Co-Head of Goodwin’s Capital Markets Practice

Latham & Watkins is poised to pick up Rick Kline, co-chair of Goodwin Procter’s capital markets practice, in California, according to several sources with knowledge of the move. Kline is...

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In 2020, These Big Firms Have Seen the Most Partner Exits

Kirkland & Ellis, Boies Schiller Flexner, Holland & Knight and Akerman saw an uptick in partner departures this year. Kirkland & Ellis saw more partner departures in the first eight...

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Davis Polk’s Pay Move Shows Virus Can’t Stop Big Law Arms Race

Davis Polk & Wardwell’s decision this week to modify its lockstep compensation formula shows the Big Law talent war is alive and well in the industry’s highest echelons, despite moves...

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Pandemic Slows Lateral Hiring as Firms Look for Guaranteed Winners

The COVID-19 crisis has cast a pall over the lateral market, but “unicorn” partners and groups in hot practices are still forcing firms into competition. Lateral partner moves between law...

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How Kirkland ‘Partners in Name Only’ Live in Limbo

Matthew Topic was named a Kirkland & Ellis partner in 2012. That’s right around the time he began looking for his next job. Topic wasn’t a partner in the traditional...

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Kirkland Sets Up Plaintiffs’ Side Trial Group

Kirkland & Ellis LLP has created a plaintiffs’ side trial group and plans to substantially increase the number of plaintiffs’ cases it takes on, many of which will be performed...

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Baker McKenzie Adds Morgan Lewis Life Sciences Duo in New York

Randall Sunberg and partner Denis Segota are joining Baker McKenzie as partners in its health care industry group and its North America corporate and securities practice in New York. The...

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With Risks Growing, Lateral Hiring Takes a Leap of Faith

The war for lateral talent is more fierce than ever, despite—or in some cases because of—the likelihood that a recession looms. As it has in years past, the lateral hiring...

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The 3 Hottest Practice Areas For 2019

A strong, although uncertain, economy going into the new year is driving an uptick in work for law firms as corporations scramble to position themselves for success in 2019, creating...

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After a Banner Year for Law Firm Moves, What’s in Store for 2019?

The continued Big Law free agent era will have consequences for top- and mid-tier firms alike in 2019. By at least one measure, 2018 proved to be the busiest year...

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