A memo from King & Spalding outlines a formal requirement for associates to dedicate a specific number of hours to “firm citizenship” activities in order to be eligible for bonuses. This policy has sparked questions regarding the definition of “productive hours,” with some industry sources suggesting that it deviates from standard practice.

The Littler 100 innovation contest recently completed its third edition, encouraging associates and counsel to step outside their comfort zones and propose practical ideas for the firm.

Legal industry trends for the week of August 22.

The chief marketing officer role within Big Law plays a crucial role at the intersection of partnership, client relations, and business strategy. CMOs navigate a range of challenges, including the competition for top talent, the integration of artificial intelligence, and the dynamics of an increasingly competitive client marketplace.

Firms such as Ropes & Gray, Morgan Lewis & Bockius, and Weil Gotshal & Manges are renowned for creating procedures and initiatives to greet returning former partners. Many firms have broadened their networks of alumni to include both individuals who join their own company and those who join competitors. According to one analyst, “firms that…

Recently, Gibson Dunn provided Xerox Holdings Corporation (NASDAQ: XRX) with financial advice for the $1.5 billion purchase of Lexmark International, Inc. from Ninestar Corporation, PAG Asia Capital, and Shanghai Shouda Investment Center. The negotiation and settlement of the financing agreements pertaining to the company’s 13.00% Senior Notes due in 2030 and associated warrants were spearheaded…

In its deal with Indian IT company Wipro to sell its Digital Transformation Solutions (DTS) business unit for up to USD 375 million, HARMAN is being represented by Baker McKenzie. With the addition of knowledge in embedded software, digital engineering, and device engineering, the acquisition will strengthen Wipro’s strengths in engineering research and development and…

According to a recent Citi Global Wealth at Work Law Firm Group analysis, firms in the Texas area experienced “mixed success” in the first half of 2025. Despite having lower demand than the industry average, Texas’s domestic companies led the 11 regions in revenue growth because to robust collections. According to a Citi managing director,…

In the initial public offering and listing of American depositary shares (the “ADSs”) representing Class A ordinary shares of Yimutian Inc. (“Yimutian”) on the Nasdaq Global Market, Baker McKenzie served as legal counsel to the underwriter.

For an enterprise value of £48 million on a cash and debt-free basis, Dentons advised Premier Foods plc (“Premier Foods”), one of the biggest food producers in the UK, on the purchase of Merchant Gourmet, a high-end, convenient, and healthful meal brand.