The firm announced on Tuesday that Jana Hymowitz, an executive compensation partner at Cravath, Swaine & Moore, had transferred to Simpson, Thacher & Bartlett. In the past week, the firm has added four new partners, including her. These appointments took place in four different cities and came from three other Big Law companies (as well…

The latest in a string of actions involving established New York firms trying to stay up with the increasing competitiveness in the world’s largest legal market is the proposed combination of McDermott Will & Emery with Schulte, Roth & Zabel. In an interview, seasoned law firm merger consultant Kent Zimmermann stated, “The dominoes have been…

Although law firms have always taken pleasure in their independence and heritage, times are changing. Businesses that are scalable and under-optimized and ready for investment are being targeted by smart money. A fresh round of funding is on the horizon, bringing with it expectations for expansion, technological advancements, and management experience.

Kirkland oversaw a coalition of sizable legal firms that negotiated an agreement to end the EEOC investigation. In the end, the EEOC letter probe was settled by at least six of the 20 firms. Additionally, it appears that a number of the firms on the EEOC list have transferred their representation in the EEOC investigation…

The leaders of Schulte Roth & Zabel and McDermott Will & Emery are aiming for a quick conclusion to their businesses’ proposed merger, stating that they anticipate a partnership vote for the combined firm in roughly 90 days. According to them, the merger negotiations began eight to ten weeks ago. However, the company founders say…

After 16 months, Taurie Zeitzer, co-head of private equity at White & Case, has departed the firm. Zeitzer was one of the highest-paid lateral partners in White & Case history when he joined from Paul Weiss. According to sources who spoke to the American Lawyer in February, Zeitzer’s presence seems to have reduced the pace…

According to multiple general counsels, law firms that have complied with Trump’s requests are losing business to those who oppose the government. One GC named two specific companies that have seen some work go. According to firm leaders, firms that have signed amicus briefs in support of parties involved in litigation have received positive feedback…

Zoe Matherne is now an associate in the business and corporate law division of Flaster Greenberg. Matherne will concentrate her practice on commercial and corporate transactions out of the firm’s Cherry Hill, New Jersey, office.

First-year associates at U.S. firms were offered a median base salary of $200K as of Jan. 1, a recent survey finds. The 2025 U.S. Associate Salary Survey, conducted by the National Association for Law Placement, found that firms of more than 700 lawyers offered a median of $215,000. The median starting salary has reached $225,000…

Cleary Gottlieb acted for Ontario Teachers’ Finance Trust (OTFT) in a Rule 144A/Reg S bond offering under its global debt program of €1 billion 2.85% senior notes due 2031 guaranteed by the Ontario Teachers’ Pension Plan Board.