Archive for August 2025
Akerman Facilitates Major Milestone in Brickell City Centre Expansion with $45M Sale
The construction property at 9 SE 6th Street in Miami, Florida, a crucial piece of land within the Brickell City Centre Special Area Plan (SAP), was sold for $45 million by Akerman on behalf of Swire Properties. The deal brings a globally recognized hospitality brand to the Brickell skyline and represents a turning point in…
Read MoreNorton Rose Fulbright advises Standard Chartered Bank, HSBC and SMBC on a syndicated murabaha financing to Qatar Islamic Bank
Standard Chartered Bank (SCB), HSBC Bank Middle East Ltd (HSBC), and SMBC Bank International (SMBC) are the mandated lead arrangers, bookrunners, and global coordinators. Norton Rose Fulbright has provided advice to a syndicate of participants regarding the closure of Qatar Islamic Bank’s (QIB) three-year dual-tranche term Murabaha Financing Facility.
Read More‘Toxic to a Culture?’ Advanced Profitability Metrics Stoke Concerns, Even as Sophistication Spreads
As lawyer compensation costs continue to rise, law firms are increasingly seeking detailed analyses of their practices to assess their actual profitability. Despite improvements in their analytical approaches, some firms still face challenges in implementing profitability concepts, according to consultants. One compensation specialist noted that high-performing partners often leave firms because profitability metrics are not…
Read MoreDavis Polk Adds to California Footprint With Longtime White & Case Finance Partner
Robert Morrison, who has 17 years of experience in the finance practice at White & Case, is joining Davis Polk & Wardwell as a partner in their Northern California office. This transition was announced by Davis Polk on Monday. The firm has been making several strategic moves in California over the past nine months.
Read More‘Show, Don’t Tell’: How Law Firms Are Promoting DEI to Incoming Talent
After George Floyd’s death in 2020, law firms highlighted their diversity, equity, and inclusion (DEI) programs to attract talent. However, during the second Trump administration, there has been a noticeable decline in the public use of DEI terminology. As a result, firms are now adopting a “show, don’t tell” approach, focusing on demonstrating their commitment…
Read MoreIn an Active Lateral Year for King & Spalding, Here’s Who Has Joined and Left
King & Spalding has made a concerted effort to add numerous lawyers to its partnership over the past year, despite some existing partners leaving for other firms both within and outside of Big Law. The most significant activity has occurred in its New York, London, and Washington, D.C., offices during this time.
Read MoreABA Invites More Law Schools to Seek Variance to Admit Students Without a Test Score
The American Bar Association (ABA) voted on Friday to extend the deadline for law schools to submit applications to admit students without requiring an admission test for the upcoming spring semester. As of now, 14 law schools have received this variance. The ABA aims to collect data through this process and hopes that more schools…
Read MoreFormer US Solicitor General to Lead Cooley’s SCOTUS, Appellate Practice
Elizabeth Prelogar, who was the 48th solicitor general of the U.S. during the Biden administration, will join Cooley to lead the firm’s Supreme Court and appellate practices from Washington, D.C.
Read MoreFirm De-Equitizations Are Coming in 2025, a ‘Sizable’ Number of Partners Believe
Despite increased demand this year and strong balance sheets among many Big Law firms, over a quarter of survey respondents still anticipate their firms will de-equitize partners in 2025.
Read MoreAs Some Tighten Attendance Rules, This Am Law 100 Firm Saw a 16-Fold Increase in Its Virtual Office Program
Husch Blackwell has celebrated over five years since opening its virtual office, “the Link,” and during this time, the firm reports significant growth.
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