Moves:
In-House
CLO Twilio Courted with Millions Exiting After 3 Years
Dana Wagner joined the cloud-based communication platform shortly before the stock price plummeted and management came under fire from activist investors due to a sharp slowdown in growth.
Newly Public Biotech Startup Hires Life Sciences Veteran as GC
Upstream Bio has a drug in clinical trials that aims to reduce inflammation caused by severe asthma, they have hired Allison Ambrose as their new GC.
Sirius XM GC Signing Off After 27 Years in Role
Although Patrick Donnelly’s contract with the company ended on Friday, he will remain until the end of this year in order to assist with the appointment of a new legal head.
Broadcom Hires from Nuclear Giant to Appoint French Legal Head
Stephanie Smatt was recently Orano’s chief of vigilance and dispute resolution. This appointment underscores Broadcom’s commitment to strengthening its legal capabilities in France.
UK & Ireland
Sidley Adds CMS Partner in Latest London Hire
Clive Gringras, the former head of technology, media, and telecoms at CMS, has been hired by Sidley Austin.
Shoosmiths Hires Two Locke Lord London Partners as Part of a Six-Strong IP Team
With a six-person team headed by London partners Dominic Farnsworth and Leigh Smith, Shoosmiths has bolstered its London intellectual property practice.
Akin Adds Orrick Partner in London
The company is strengthening its recently established global capital solutions team with its most recent addition Daniel Wayte who will be a corporate partner in London.
London’s New Law Media hires veteran litigation partner from Stephenson Harwood
Michael Bywell, a litigation partner at Stephenson Harwood, has joined West End-based boutique company New Law Media to strengthen its dispute resolution expertise. Bywell has over thirty years of experience in commercial litigation, with a focus on media law, technology, cybersecurity, and data breach claims.
James Colville to join DWF as head of Dublin office and insurance team
Mr. Colville, who will start both positions in January, has a wealth of expertise because he was trained, qualified, and worked for companies like DAC Beachcroft, Eversheds, and Greenwoods in both England and Ireland. He oversaw the expansion of DAC Beachcroft’s personal injury practice in Dublin from 2010 to 2024, growing it to a multi-million-euro team with more than 30 employees. He has acted on behalf of clients in injury, construction, professional indemnity, and medical negligence cases.
APAC
Ashurst Beijing Chief Representative Leaves for New York Boutique Sterlington
Transactional lawyer Yan Yuan, the former head of Ashurst’s Beijing office, is traveling to Sterlington with his associate Jing Zhang. Yuan provides merger and acquisition, venture and growth capital, joint venture, and buyout advice to both public and private enterprises as well as private equity funds. He offers advice on corporate governance issues as well.
Rajah & Tann Strengthens Shenzhen Offering, Renames International Arbitration Head
According to a statement from the firm, Michelle Li, a construction and infrastructure disputes lawyer who joined from Herbert Smith, will take up the position from disputes partner Hew Kian Heong. Heong will continue to lead the company’s Shenzhen office.
Big Six Korean Firm Bae, Kim & Lee Boosts Disputes Offering with Former A&O Lifer
Prior to last year, Chris Mainwaring-Taylor was a partner at A&O Shearman, where he had spent more than 23 years, most recently in Singapore.
Milbank’s Capital Markets Partner Leaves for China’s Han Kun in Hong Kong
With more than 20 years of expertise, Alex Tao’s practice encompasses a wide range of global capital markets transactions, including as initial public offerings in the US and Hong Kong and high-yield, investment-grade, and convertible bond offerings.
Jakarta: Bakers firm HHP enters 2025 with corporate partner hire
The arrival of real estate and M&A attorney Bima Sarumpaet, who rejoins the company after a two-year partnership term at MacalloHarlin Mendrofa Advocates (MHMS), marks the start of 2025 for HHP Law company (HHP), a Baker McKenzie member firm in Indonesia.
SG: Shook Lin partner joins Providence Law as R&I head
Daniel Tan, a former partner at Shook Lin & Bok, has been appointed director and head of the restructuring and insolvency practice at Singapore-based Providence Law Asia.
SAM adds corporate partner from Khaitan in Delhi
With the addition of partner Srikant CV from Khaitan & Co., Indian law firm Shardul Amarchand Mangaldas & Co. has strengthened its corporate offering in the National Capital Region (NCR). With an emphasis on venture capital and private equity, Srikant has over 11 year’s experience providing advice on business and corporate transactions.
EMEA
A&O Shearman Corporate Partner Heads to Jones Day
Michiel Huizinga, a seasoned M&A professional, joins Jones Day as it grows its international business practice.
DLA Piper strengthens corporate practice with new partner in Dusseldorf
Joining from Linklaters, Sebastian Goslar provides advice to investors, listed businesses, and their board members on all facets of corporate law, corporate governance, restructurings, and M&A, with a particular emphasis on public M&A.
HEUKING’s Munich office welcomes two new Salaried Partners at the start of 2025
Since 2013, Steffen Burrer, a Certified Specialist Lawyer in International Business Law, has practiced litigation at Noerr. His work primarily focuses on international business law, civil procedural law, and product liability law. Since 2014, Björn Grotebrune has advised and represented clients, accumulating a wealth of knowledge in the areas of restructuring and insolvency law. Creditors, especially banks, insolvency administrators, shareholders, businesses, and their executive bodies are among his clientele.
Sebastian Benz joins Seitz with tax law team from Linklaters
Sebastian Benz, Linklater’s former tax partner in Düsseldorf, and two colleagues will be relocating to Seitze, Cologne, in the coming year. Benz, a specialist in tax-related business transactions, standalone tax concerns, and complex company reorganizations, provided advice to the Funke media group about its corporate development and acquisition of the local newspapers and women’s magazines owned by media behemoth Axel Springer. After nearly 30 years at Linklaters, more than 20 of those years were spent as a partner, he departs.
Morgan Lewis and its IP partner, Baker McKenzie, will expand their Munich office.
The most recent IP partner to be appointed in Munich and London is Alex Ritter, a patent dispute litigation specialist.
The Americas
Lisa Zornberg, Former Adams Chief Counsel, Moves to Morvillo Abramowitz
Given her background in both civil and criminal cases, the former Debevoise partner claimed that Morvillo Abramowitz provided her with freedom in her work.
Ex-Red Robin CLO Joins Norton Rose Fulbright After Helping Sell Latest Employer for $4.9 Billion
According to Jeff Cody, Managing Partner at Norton Rose Fulbright Global, Michael Kaplan “possesses robust general counsel experience and deep knowledge of the consumer markets industry.”
Sidley Austin Adds Cooley Capital Markets Partner in Century City, San Francisco
After six years at Cooley in the Bay Area, Natalie Karam joins the company.
People in the News—Dec. 27, 2024—Stevens & Lee, Chartwell Law
Louis N. Teti and Andrew S. Rusniak have joined Stevens & Lee’s wealth planning, trusts, and estates division, the firm said.
Chair of Montgomery McCracken Decamps for Morgan Lewis
In 2023, Ashley Lynam was appointed co-chair of Montgomery McCracken, the first woman to serve in that capacity.
Texas Firms Bring on New Partners
Several firms have welcomed new partners, including Bracewell, O’Melveny, and Yetter Coleman.
Longtime Reed Smith Health Care Partner opts for Solo Practice Over Retirement
The 66-year-old Karl Thallner oversaw the Philadelphia branch of the firm’s health care practice. In response to requests from clients, he established Thallner Law.
Dechert, Garrigues disputes partners exit to become independent arbitrators
Both seasoned Garrigues arbitrator Joe Tirado and former Dechert head of international arbitration Arif Hyder Ali have left their firms to start their own independent arbitrator practices. After directing the international arbitration practices at Crowell & Moring, Weil Gotshal & Manges, and Dechert for the last 20 years, Ali is starting his own business, AHALI Dispute Resolution, after a 30-year career in “Big Law.”
White & Case bolsters tax expertise in Washington, DC
Partner Michael Sykes has joined the multinational law firm’s Washington, DC, worldwide practice and industry division. Sykes was a partner at A&O Shearman before joining the firm.
Veteran First-Chair Litigator Doug Baldridge Returns to Venable
It is with great pleasure that Venable LLP announces the return of seasoned first-chair litigator Doug Baldridge as a partner in the Commercial Litigation Practice located in Washington, DC. Since 2013, Baldridge has served as Taylor Swift’s and 13 Management’s outside legal counsel. Most recently, she handled and provided in-house legal advice to Swift and her crew.
Winston & Strawn Adds Joshua Hafenbrack as a Partner in Washington, D.C.
Josh handles complicated civil cases and antitrust cases for both plaintiffs and defendants. Josh, a recent senior litigation counsel at the Antitrust Division of the U.S. Department of Justice, has extensive expertise litigating antitrust matters and defending clients in a range of industries, including media, telecommunications, and technology.
Team Moves
Most New Eversheds Sutherland US Partners Are in Atlanta
Ten new U.S. partners in three cities and six practice areas are chosen by a global firm.
Akin and Simpson Create New Practice Groups with Integrated Teams
As clients look for financial solutions that meet their objectives, both law firms are looking to expand their current expertise into new groups.
Holland & Knight Launches Export Control Disputes and Advocacy Team
Holland & Knight has established an export control disputes and advocacy division and added Christopher Stagg as a partner.
Larson Welcomes Seven New Attorneys
Larson is happy to announce the addition of seven additional lawyers to the company.
Akin Taps Orrick Partner in Growing New Capital Solutions Team
Daniel Wayte, who has been a partner at Orrick since 2018, has also worked at Slaughter and May and Milbank.
ADVANT Beiten wins four-person team with partner Dr. Philipp Pröbsting from PWC Legal
A four-person team from PwC Legal Germany has been hired by Advant Beiten. On January 1, PwC local partner Philipp Pröbsting joined Advant Beitten’s equity partnership in Dusseldorf, bringing two former PwC salary partners and an associate with him.
Financials:
Elite Boutiques Competing More with Big Law Bonuses, With Several Going Above Market
The few boutiques that provide eye-popping and above-market bonuses seem to be expanding.
Increased Costs Proved a Drag on Profits for PA’s AmLaw 200 in 2024
In 2024, PA’s AmLaw 200’s profits were negatively impacted by rising costs.
‘So Many Firms’ Have Yet to Announce Associate Bonuses, Underlining Big Law’s Uneven Approach
It appears that fewer businesses are following the industry elite’s bonus decisions, and some large businesses are deferring their bonus decisions in comparison to others.
Morrison & Foerster Doles Out Year-End and Special Bonuses, Raises Base Compensation for Associates
Only a few West Coast Am Law 200 companies, including MoFo, have declared bonuses or plans to distribute them at the conclusion of the fiscal year.
Arnold & Porter Matches Market Year-End Bonus, Requires Billable Threshold for Special Bonuses
In addition to offering special bonuses to colleagues who complete at least 2,200 hours during the calendar year—2,000 of which must be billable—Arnold & Porter said Monday that it will offer its associates market year-end bonuses.
Alston & Bird Matches Market Rate for Associate Bonuses
The most recent legal firm to match the market rate for associate bonuses is Alston & Bird.
Why Hogan Lovells and Perkins Coie Reversed, Will Now Pay Out Special Bonuses to Associates
Regarding the decision to forgo matching incentives, a consultant stated, “It becomes a very difficult situation when you consider the amount of money saved versus the amount of bad press you get and the general low morale of the workforce that you depend on.”
Clifford Chance Hikes Partner Pay as UK Firms Fight to Stay Competitive on Compensation
As expenses increase, Clifford Chance has had a great year thanks to a string of favourable outcomes in the Americas.
Top Earner Pay Nearly Halved at Pinsent Masons
The company’s earnings and turnover have increased, but labour costs have also gone up, which is a common occurrence in London.
Fieldfisher Top of Equity Halves to £3.1M
Fieldfisher’s top-earning partner received half as much as it did the year before, dropping the amount from a market-leading £6.3 million to £3.1 million. Despite a declining financial position and growing staff expenditures, the LLP’s revenue is still increasing, according to the company’s most recent LLP statements.
Clifford Chance Top Partner Pay Up to £6M
As expenses increase, Clifford Chance has had a great year thanks to a string of favorable outcomes in the Americas.
McKees reports 20 per cent growth in 2024
This year, the company relocated to a new 7,500-square-foot office in Belfast’s Linenhall Building and added eight new team members. With a 50% rise in convenience store licenses and assistance for customers in several high-profile acquisitions, it claimed to have witnessed especially robust growth in the leisure and hospitality industry.
Riding High, Texas Roadhouse Gives Legal Chief 3-year Contract Extension,15% Salary Boost
In 2023, Christopher Colson, a 19-year veteran of the organization, was paid $1.83 million in total.
Promotions & Appointments
Quinn Emanuel Promotes 11 to Partner
Compared to the 14 lawyers the firm promoted last year; the class is a little smaller.
Newsom Appoints 11 Superior Court Judges
Santa Clara County Prosecutor Johnene Stebbins, who was elected in November, was appointed by Governor Gavin Newsom to an interim position for a full term beginning in January.
Foley Promotes from Within for New COO, Chief Talent Officer
Rebecca Bradley, the former director of professional development, is promoted to the position of chief talent officer, replacing Jen Patton as chief operating officer at Foley & Lardner.
People in the News—Dec. 18, 2024—Faegre Drinker, Antheil Maslow
Three lawyers, including Philadelphia’s Eric Au and Chad Lange, were promoted to counsel, while 26 lawyers were promoted to the firm’s partnership, according to Faegre Drinker.
Fisher & Phillips Elects 25 New Partners In 15 Cities
Compared to the previous year, more partners were voted to Southeast offices and fewer were promoted in California.
Nelson Mullins Doubles Partner Promotions for 2025
The firm’s main office in Atlanta had the most partner additions, but it also greatly expanded the number of partners it promoted in Florida.
People in the News—Dec. 19, 2024—Pollock Begg, Burns White
Megan A. DelVecchio and Alexandra L. Kovalchick, two lawyers of Pollock Begg, were promoted to partners by the firm.
Sterlington Brings on Former Office Leader from Ashurst
Sterlington was established in 2016 and currently employs 64 attorneys, including 25 partners.
People in the News—Dec. 26, 2024—Laffey Bucci, Eckert Seamans
Attorney Alexandria MacMaster has been promoted to partner at Laffey Bucci D’Andrea Reich & Ryan, a personal injury litigation practice.
Meat Institute Promotes Former Senior Tyson Lawyer to GC
Mark Dopp is handing the legal reins to his top deputy, Bryan Burns, after serving as GC for a quarter-century.
Baker McKenzie, Jones Day, Reed Smith Make 2025 Partner Promotions
The three Am Law 50 firms were not alone in keeping their new partner numbers stable or down from a year ago.
On the Move: Freeman Mathis & Gary Promotes 16 to Partner, Expands to Denver
A lawyer from Nelson Mullins joins a board that suggests new judges, while Jones Day elevates two attorneys from Atlanta to partner status.
Holland & Knight Promotes 42 Lawyers to Partner, Prioritizing Corporate Practices
Eight new partners have joined the firm’s Florida operations, while six Boston lawyers were elevated, bringing the total number of Northeastern attorneys to 17.
Baker & Hostetler Names 24 New Partners
Compared to the previous year, the Am Law 100 firm almost doubled the number of new partners.
Ogletree Deakins Elects Most New Shareholders in Decades
In 2024, the firm promoted 22 lawyers to shareholder status, then promoted 30. Liz Washko, the managing shareholder, mentioned “the number of highly qualified candidates” that are up for promotion.
People in the News—Jan. 3, 2025—Eckert Seamans, Kessler Topaz
Matthew T. Goffe has been named the firmwide chief marketing officer at Eckert Seamans Cherin & Mellott.
Clark Hill Promotes a Record 29 Lawyers to Member
With 29 lawyers promoted to member, Clark Hill has more than doubled the number of attorneys promoted in 2024, making this its largest class to date.
Burr & Forman, Smith Gambrell & Russell Promote More to Partner This Year
Adams and Reese also elected a larger partner class, as Southeast firms follow their Big Law counterparts across the nation.
Brazilian Firms Demarest, BMA, TozziniFreire Elevate Lawyers to Partner
In the biggest economy in Latin America, promotions typically occur around December as the region gets ready for the new fiscal year.
Emma Ritchie appointed KPMG Law’s EMA co-head of data, digital and technology law
Ms. Ritchie was the principal privacy counsel at one of the biggest consumer electronics businesses in the world prior to joining KPMG Law Ireland in 2023. In this role, she oversaw intricate data protection compliance projects, cookies, personal data usage, and data security issues globally.
Diversity & Inclusion:
T14 Sees Black, Hispanic Law Student Representation Decline Following End of Affirmative Action
The top-ranked law schools in the US saw more significant changes in racial, ethnic, and gender diversity than did the 196 ABA-approved law schools on average.
Appellate Division Greenlights State Bar’s Leadership Diversity Initiatives
Lawrence Lustberg of Gibbons stated, “This case not only supports affirmative action in New Jersey but also the idea that freedom of association is a foundation for doing positive things, like affirmative action, and not just the kind of troubling and invidious discrimination, as was allowed in [Boy Scouts of America v.] Dale.”
Benny Agosto Jr. Receives Hispanic National Bar Association Award
The annual Ohtli Award has been given to Managing Partner Benny Agosto Jr. by Abraham, Watkins, Nichols, Agosto, Aziz & Stogner. Through his persistent dedication to justice, diversity, and generosity, Agosto has demonstrated his commitment to the Mexican and Latino communities in the United States, which is celebrated by this distinction.
Dentons Germany Elects First Gender-Balanced Leaders & Promotions at Noerr, Gleiss Lutz
By promoting only female partners this year, Gleiss Lutz has made a rare move in Germany’s male-dominated legal industry. Christine Mattes, a regulatory compliance specialist based in Stuttgart, and Andrea Preuße, an international antitrust defence specialist in the firm’s Hamburg office, have joined the equity partnership.
Clifford Chance Names New London Managing Partner
The partner becomes the first black woman to head up the London office. Michael Bates, who relinquishes control after seven years in charge, will be succeeded by Hinwe Odimba-Chapman.
Office Openings & Closing:
Hinckley Allen Opens St. Louis Office After Poaching a Team of Six Lawyers
Hinckley Allen has hired a group of six lawyers from Sandberg Phoenix who specialize in product liability cases, and the firm is building its second new office in the St. Louis region this year.
Davis Polk Moves to New, Expanded Redwood City Office
The firm’s new office in Northern California is 31% larger than its old one.
Husch Blackwell, Foley Among Law Firms Opening Southeast Offices This Year
Southeast-founded firms also expanded into Texas, Chicago and New York.
Zuckerman Spaeder Gets Ready to Move Offices in DC, Deploy AI Tools in 2025
In a recent interview, incoming sole chair Caroline Judge Mehta stated that Zuckerman Spaeder’s priorities for the upcoming year will include moving into a new office space in D.C. after 20 years and implementing AI capabilities.
Harris Beach Murtha Formally Launches as New, Combined Firm
More than 250 lawyers are currently providing clients with enhanced services and a broader geographic reach.
Buchanan Ingersoll Launches in Chicago with 17-Lawyer Team from Locke Lord
Conflicts resulting from Locke Lord’s merger with Troutman Pepper prompted the IP lawyers to look for a new location.
Big Four Japanese Firm Mori Hamada Launches Foreign Joint Law Enterprise, Joins Rebrand Drive
Japanese firms are revamping their practices in a bid to grow their market share overseas.
EY Law Launches in Portugal, Targets 40 Lawyers by End of 2025
With more than 20 attorneys, EY Law has opened as a stand-alone legal practice in Portugal, joining the worldwide legal network that operates in more than 90 nations. The debut comes after Portugal’s new regulatory framework, which permits businesses to offer multidisciplinary services and include non-professional partners in their governing bodies and shareholder structures, went into effect.
Ogletree Deakins Launches Office in Calgary, Canada with Two Partners from McCarthy Tétrault
The company’s third office in Canada is located in Calgary. Additionally, it maintains offices in Montreal and Toronto.
Mergers & Alliances:
Pillsbury Launches Riyadh Office Via Firm Merger
With local government consent, Pillsbury Winthrop Shaw Pittman will open an office in Saudi Arabia.
‘Wake Up Call’: Pressure for Law Firm Mergers Grows in 2024
Even while the number of completed unions this year is probably going to be on pace with or just marginally higher than where it was in 2023, some analysts are forecasting even more moves in 2025.
Morgan Lewis To Acquire Kramer Levin’s Paris Office
Kramer Levin is anticipated to finalize its merger with HSF next year, which coincides with the decision to quadruple Morgan Lewis’ Paris workforce.
New York-Based Harris Beach Combines with Connecticut-Based Murtha Cullina, Forming NE Powerhouse
Midsize firms Harris Beach and Murtha Cullina are combining to create a 250-lawyer firm spanning from D.C. to Massachusetts after both client bases grew and demanded more scale.
Miles & Stockbridge Adds 31 Lawyers from Merger
Miles & Stockbridge, an Am Law 200 firm, and Krooth & Altman, a real estate finance business based in D.C., concluded their merger and went into effect on December 31, 2024.
Clyde & Co Announces Combination with Dallas Insurance Boutique
The global law firm has expanded its footprint in the Lone Star State.
Cox & Palmer to Merge with Benson Buffett in St. John’s, Canada’s Easternmost City
The partnership will expand Cox & Palmer’s presence in the Atlantic region and is scheduled to become official in February.
Technology & Innovation:
Polsinelli Associate Launches Transaction Management Platform Project Fortress
M&A Coworker Collen Steffen’s first client is his own business, and he has developed a Salesforce-based platform for legal deal teams.
Embracing Gen AI, Many Legal Departments Don’t See Their Firms as Innovative
According to the 17th annual Law Department Operation Survey by the Blickstein Group and FTI Consulting, more legal departments are pushing their companies to use advanced AI in order to generate cost savings and efficiencies.
Last month, Alan Fisch and Bill Sigler declared that Fisch Sigler would cease operations on December 31st. They are starting a new business with the goal of using AI in agriculture.
Recent studies show patterns in gauging the effectiveness of legal operations, resolving generative AI deployment issues, encouraging innovation, and setting automation and contract management goals.
Holtzman Vogel Launches AI Startup Incubator Program
Two AI businesses in its first batch will receive up to 30 hours of pro bono work each from the Washington, D.C.-based firm.
As Profits Rise, Law Firms Likely to Make More AI Investments in 2025
According to a recent survey, law firms have so far allocated “very little” of their revenue on staffing, consulting, and technology linked to using AI, but this is anticipated to change.
Baker McKenzie, Norton Rose & Other Top Litigators Foresee Rise in AI, Data & ESG Disputes
Litigators predict a busy 2025 that is fueled by environmental concerns, growing cross-border disputes, and rising technology. “Global climate accords such as the Paris Climate Accord will encourage greater responsibility,” stated David Ktshozyan, a senior attorney with Clyde & Co. in Los Angeles. “If countries or multinational corporations fail to meet emissions reduction targets, major lawsuits may emerge.”
Market Commentary:
Global Lawyer: Big Law Walks a Tightrope, but Herbert Smith Freehills Refuses to Lose Its Footing
Even when politics are involved, law firms need to find a balance in order to make wise choices. According to The Global Lawyer, HSF proved last week that it will not fall off the high wire.
How to Turn More Lawyers into Rainmakers
One of your primary duties as a leader is to assist your attorneys in increasing their income. However, what methods and resources can you use to do that? Insights from a five-week mastermind workshop involving 20 Professional Development specialists from Am Law 200 businesses are presented in this article.
The Silver Linings Amid Big Law’s China Chaos
Asia Legal Briefing: As the year of law firm closures draws to a close, here are some advantageous outcomes.
Working Across the ‘Entire Ecosystem’ Propels Ropes & Gray’s Life Sciences Practice
“Our life sciences and health care practices have long been a significant component of Ropes & Gray’s portfolio. Tim McCrystal of Ropes & Gray, the 2024 winner of The American Lawyer’s Specialty Corporate Department of the Year, Pharma and Health Care, stated, “We are a seasoned practice that keeps expanding and diversifying in the market.”
Burford Sets Sights on UAE’s Surge in Construction & Disputes
As the industry sees tremendous growth, Burford Capital is broadening its emphasis to finance construction arbitration in the United Arab Emirates, concentrating on high-value claims.
Lawyers Scramble to Secure Jobs Ahead of A&O Shearman’s South Africa Closure
A&O Shearman’s Johannesburg office is closing by year-end, with lawyers still in last-minute talks for new roles.
Grabbing Market Share from Rivals, Law Firms Ramped Up Group Lateral Hires
Recruiting lawyers to open an office or practice in a new market was a top priority for a number of businesses.
Vinson & Elkins: Traditional Energy Practice Meets Energy Transition
The Houston-based Am Law 100 firm, which was recognized as an Energy Specialty Corporate Practice of the Year, has broadened its area of expertise to include additional energy transition. The three Am Law 50 firms were not alone in keeping their new partner numbers stable or down from a year ago. Overall, just 44% of businesses reported higher net earnings this year. Compared to the 75% who said they saw additional profit growth in 2023, that represents a considerable decline.
Freshfields Name Change Becomes Official
The redesign was launched the following month after the change was announced in September.
The Trends Quinn Emanuel Partners Are Expecting in 2025
According to one partner, the market seems to be anticipating less regulation in the banking, cryptocurrency, and technology sectors, all of which could lead to an increase in transaction activity in these areas.
Jones Day Plans to Expand M&A and Disputes Practices in Australia
According to Christopher Lovrien, partner-in-charge of Jones Day in Australia, the international law firm plans to grow its Australian business in order to handle more cross-border transactions and serve customers that are under more regulatory pressure. According to Lovrien, the firm currently has 30 partners spread over four offices, with the possibility of adding another 10 or 15 in Australia over the course of the next three to five years.