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Ozone Standards Get Second EPA Review, Environmental Groups Told
The EPA told groups Thursday it will formally revisit National Ambient Air Quality Standards for ozone pollution that were left alone during the Trump Administration.
Freshfields Dealmaker Herman Joins Goldfinch Private Equity Firm
Matthew Herman, a longtime partner at Freshfields Bruckhaus Deringer who spent nearly five years as global head of mergers and acquisitions at the international law firm, is moving in-house.
Paul Weiss Special Bonuses Imply More Industry Awards To Come
Paul, Weiss, Rifkind, Wharton & Garrison will dole out special bonuses to certain associates, indicating that such awards are likely to again sweep the industry in a second straight banner year for Big Law firms.
Chicken Cartel Attorneys Seek $60 Million Fee Out of Settlements
Two law firms asked a federal judge in Chicago to award them nearly $60 million for their work negotiating consumer antitrust settlements worth $181 million in total with
New York Bar Exam Pass Rate Falls After Long Test Returns (1)
Fewer than two-thirds of test takers passed the New York bar exam in July, a drop from the previous year when examinees faced fewer questions and had longer to prepare.
In Case You Missed It
Orrick, Cleary Sued for $300 Million Over ‘One-Word Error’
One mistakenly pluralized word could cost law firms Orrick, Herrington & Sutcliffe and Cleary Gottlieb Steen & Hamilton hundreds of millions of dollars.
Wachtell Unseated as Big Law’s Top Dealmaker by Simpson Thacher
Wachtell Lipton Rosen & Katz, a consistent leader among law firms handling M&A deals, has been dethroned by Simpson Thacher & Bartlett for the top spot in global transactions work for the first time this year.
Paul Weiss Set to Crack Rare $6 Million Profit Per Partner Mark
Paul, Weiss, Rifkind, Wharton & Garrison is on track to grow its revenue by more than $250 million in 2021 and expects profits per partner to exceed $6 million, chairman Brad Karp told Bloomberg Law.
Junior Lawyers Feel Pressure to Return to Office at Big Firms
Law firm associates who accept employer offers to work remotely during the pandemic are increasingly doing so with trepidation, as they worry they’re hurting relationships with bosses—and their careers.
Firms Dump October Office Return Plans Over Delta Variant Unease
Big Law firms are abandoning plans to return lawyers to offices next month and are eyeing dates in early 2022 instead because of worries about the Covid-19 delta variant.
Dentons Mum on Sudden CEO Ouster While Defending His ‘Success’
In 10 years as managing partner and then U.S. CEO of Dentons, Mike McNamara helped stitch together the self-described “world’s largest law firm” by clinching a merger after it was initially rejected and championing an expansion audaciously named “Project Golden Spike.”
Big Law's Big Paychecks: Partner Compensation, Explained
Law firm partners in Big Law earn a lot of money, but just how much they make can vary widely. Whether it's equity or non-equity or merit versus lockstep, this video explains what goes into determining the size of those paychecks at elite law firms.
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Podcasts
Big Law's Addiction to 'Prestige' Numbed by Pandemic (Podcast)
Supreme Court's Texas Abortion Ruling Spurs Lawsuits