law firm usa

World’s Wealthiest Law Firm Conducts Layoffs Due To Market Conditions

September 1st, 2024Karina0 Comments

The highest-grossing law firm in the world is reportedly conducting layoffs — and remarkably, they’re not of the stealth variety this time. As noted by Law.com International, Kirkland & Ellis — a firm that brought in $6,514,300,000 gross revenue in 2022, putting it at No. 1 on the most recent Global 200 — recently handed out pink slips to at least nine of its capital markets attorneys in Asia, where the firm has offices in Beijing, Shanghai, and Hong Kong. Market conditions in the area have been described as “turbulent.” Here are some additional details: The capital markets lawyers were…

Fenwick Elliott forms construction and energy law alliance in Latin America

August 28th, 2024Karina0 Comments

Leading UK construction and energy law firm Fenwick Elliott has formed an alliance with Chilean firm Molina Ríos to strengthen its offering across Latin America. Fenwick said the alliance, which will bring together the two firms’ expertise in complex international arbitration cases as well as construction and energy law, would enable it to better help clients as they expand their operations across Latin America. The region’s construction industry is expected to grow from $675bn in 2024 to more than $840bn by 2029, according to Mordor Intelligence. It has seen a surge in smart city development and renewable energy sources such…