Daily Market Pulse

How one firm bought its way up the M&A rankings

Quiet Memorial Day in BigLaw, so just a quick read. It wasn't one blockbuster year. It was years of lateral hiring, pulling M&A partners from firms like Latham, Kirkland, and Weil, and it shows up in the rankings and in profits per partner. Elsewhere, Reed Smith is settling into a new Atlanta office about 16 months after entering that market, and Nelson Mullins and one of its partners are facing more than $2 billion in claims tied to estate work in a pair of high-net-worth divorces.

Sources

Drawn from public reporting by The American Lawyer.

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