Wake Up Call: Kirkland, Cole Schotz Advising Bed Bath & Beyond

April 24, 2023, 12:17 PM UTC

Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.

  • Kirkland & Ellis and Cole Schotz are advising Bed Bath & Beyond Inc. on the houseware retailer group’s Chapter 11 filing Sunday, according to a statement. (PR Newswire)
  • Law firms’ lateral hires fell almost 50% in 2023’s first quarter, with associate hires down far more than partner hires. The data suggest that firms, facing tighter finances, are focused on hiring rainmaking partners, according to a report. (American Lawyer)

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