Steven Davis

Steven Davis News

  • With So Many Job Openings, Why So Little Hiring?

    An odd puzzle is taking shape in the labor market: Over the past three years, the number of job openings has risen almost 50 percent, but actual hiring has gone up by less than 5 percent. Companies are advertising a lot more jobs, in other words, but not filling them.

  • Archer & Greiner, McDermott, Davis Polk: Business of Law

    New Jersey-based law firm Archer & Greiner PC dismissed 14 attorneys, including seven nonequity partners across a mix of practices, firm President Christopher Gibson said.

  • Dewey, Davis Polk, Latham, Bingham, Sidley: Business of Law

    At least 11 lawyers announced departures from New York law firm Dewey & LeBoeuf LLP yesterday, pushing the total to more than 80 in recent months, as the firm continues to work toward an agreement with banks about the deadline for a line of credit.

  • Dewey, MoFo, Pillsbury, Cleary, Davis Wright: Business of Law

    Dewey & LeBoeuf LLP, which has lost more than a third of its partners in recent weeks, saw its merger and acquisition chief and a team of London litigators depart as the price of its bonds slumped in private trades.

  • 200 Richest Firms, K&L Gates, Locke Lord: Business of Law

    Despite having almost the same rate of revenue growth, the second-hundred wealthiest American law firms are managing their business differently in one significant way: They are bolstering their lawyer count, which is in sharp contrast to the top 100 most-profitable law firms in the country, according to an annual survey by the American Lawyer Magazine.

  • Dewey LeBoeuf Said to Be Close to Extending Deadline

    Dewey & LeBoeuf LLP, as it faces a possible bankruptcy after losing more than 80 lawyers, is near an agreement with banks about extending its line of credit, a person familiar with the talks said.

  • Simpson Thacher, MoFo, Winston & Strawn: Business of Law

    Simpson Thacher & Bartlett LLP  is representing Nielsen Holdings NV, the biggest tracker of U.S. television ratings, which agreed to buy Arbitron Inc. for about $1.26 billion in cash to gain access to the largest source of data on the country’s radio listeners. Morrison & Foerster LLP served as legal adviser to Arbitron.

  • Baker Botts, Akin, Greenberg, Wachtell: Business of Law

    Baker Botts LLP announced three lateral hires last week including international tax lawyer Don J. Lonczak and capital markets lawyer Bonnie A. Barsamian.

  • Dewey Partners Weren’t All Told of Pay Guarantees, Lawyer

    Dewey & LeBoeuf LLP, which is trying to stay out of bankruptcy by collecting bills to pay lenders, didn’t tell some senior executives the extent of guaranteed pay packages, said the firm’s former real estate group chairman.

  • Next Debt-Ceiling Histrionics Could Do Real Harm

    At this stage in the U.S. recovery, there isn’t much that fiscal policy can do to accelerate growth. Some argue that we need another tax cut, while others would prefer increased spending.

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