Page 3 - Aebra Coe News Today

Larger law firms increasingly expanded their turf into locales such as Miami, Chicago and Washington, D.C., in 2022, following the business generated by emerging companies and industries expanding into new terrain.

Check out the Law360 Pulse Leaderboard to see which first-in-class firms made the list this year.

Check out the Law360 Pulse Leaderboard to see which first-in-class firms made the list this year.

Even as demand for law firms' services declined year-on-year during the first nine months of 2022, firm leaders grew attorney headcount and revealed midyear plans to expand their associate ranks even further, according to a report released Wednesday.

Cooley LLP is laying off 78 attorneys and 72 paralegals and business professionals in the U.S., according to a Wednesday internal memo reviewed by Law360 Pulse, with firm leadership citing "overcapacity" as a reason for the staff cuts following a period of intense hiring in 2021.

Allen & Overy LLP is executing a leadership transition early next year, replacing its retiring chief financial officer with a new financial chief from renewable energy company Renewable Energy Systems, the firm announced Wednesday.

Allen & Overy LLP is executing a leadership transition early next year, replacing its retiring chief financial officer with a new financial chief from renewable energy company Renewable Energy Systems, the firm announced Wednesday.

Allen & Overy LLP is executing a leadership transition early next year, replacing its retiring chief financial officer with a new financial chief from renewable energy company Renewable Energy Systems, the firm announced Wednesday.

Baker McKenzie became the first BigLaw firm on Friday to announce year-end bonuses, kicking off the holiday season with cash infusions for its associates ranging from $20,000 to $115,000 based on seniority, a firm spokesperson confirmed, besting last year's BigLaw bonus scale by a modest margin.

News and analysis on legal developments including litigation filings, case settlements, verdicts, regulation, enforcement, legislation, corporate deals, and business of law.