Mar 20, 2025 View in Browser

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A Message From the Editor

Good morning. At the end of 2024, law firm leaders were optimistic about the business climate and how policies under the incoming Trump administration would boost dealmaking. We tell you why they're not so bullish anymore. Also, we're covering what general counsel are saying about law firms' reluctance to speak out against the Trump administration's attack on Big Law. And we also have more law firm financial results, from Fried Frank and O'Melveny.

– Lisa Shuchman, Executive Editor

 

General Counsel and In House Counsel | News

'Why Are You Remaining Silent?' Some Clients Want Big Law to Speak Out on Executive Actions

By Amanda O'Brien

“I'm carefully watching the reactions of various firms, or the lack thereof, and I feel it's my duty to vote with... Read More

 

Deals and Transactions | Analysis

Dealmaking Expectations for 2025 Meet an Uncertain Reality

By Patrick Smith

Many dealmakers were bullish in November 2024. The market, and client guidance, has shifted—at least for now. Read More

 

Law Firm Management | News

Fried Frank Sets Revenue Record and Surpasses $5M in PEP, Despite Constrained Transactional Market

By Patrick Smith

Chair Ken Rosh said the firm's core practices led the way to a “fantastic year despite headwinds. Read More

 

Law Firm Profitability | News

O'Melveny's Gross Revenue Exceeds $1B as PEP Surpasses $3M

By Dan Roe

Marquee litigation clients and strong deal volume rounded out a diversified firmwide performance, said chair Bradley... Read More

 

Law Firm Office Launches and Closures | News

Winston & Strawn Shutters Last Office in China, No Longer Has Presence in Asia

By Jessica Seah

Winston & Strawn tied up with with Yuanda Law Firm in Shanghai after the Chinese firm broke up with Chicago-based McDermott... Read More

 

Diversity | News

BCLP to Review Position on Diversity, Inclusion

By Jack Womack

BCLP lawyers were told about changes to its website on diversity and inclusion in a town hall meeting, according to... Read More

 

Mergers and Acquisitions | News

Freshfields, Cravath Advise as Google Acquires $32B Cybersecurity Firm

By Louis Altmann

It is among Freshfields' largest U.S. deals to date, and is a significant mandate for its New York partners. Read More

 

Government | News

Will Trump's FCPA Enforcement Pause Help Adani's Indictment in the U.S.?

By Kasvi Sehgal

Gautam Adani was charged with allegedly running a years-long bribery plot as well as securities fraud conspiracy, wire... Read More

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