Over the past decade, law firm Paul Weiss has boosted its profits with the help of legal fees from its large private-equity client, Apollo Global Management. The account also changed the law firm's culture, insiders say, and opened it up to criticisms about its independence.
In prisons and courtrooms across the US, strict dress codes disproportionately affect female-presenting lawyers. As in-person prison visits and courtroom trials begin to reopen, women are contending with renewed concerns over how their wardrobes influence their work.
At least three banks hiked base pay this week by up to $25,000 for junior investment-bankers. The moves come on the heels of a wave of raises and special bonuses across Wall Street earlier this year as firms battle for young talent.
JPMorgan says third-party trading platforms pose a competitive threat to banks' trading floors, and compared the disruptive effect to how Skyscanner and Tripadvisor have upended the travel industry.
We spoke with some of the industry's top bankers at Morgan Stanley, Goldman Sachs, Piper Sandler, Lazard, and five other leading firms to get a sense of what's behind record deal activity.
From M&A to accelerating digital strategy, the pandemic has changed banks' approach to branches. Some have looked to deals to broaden their footprint, while others are expanding on their own.
On the morning of Torrid's initial public offering on July 1, CEO Liz Muñoz arrived at the New York Stock Exchange wearing a ripped jean jacket, a black dress, and safety-pin earrings, all from the plus-size fashion brand. She sported bright-purple hair and black nail polish.
"I'm sure I'm not blending in, but who wants to blend in anyway?" she told Insider.
Tech workers and engineers are flocking to these 7 rising US cities - and not a single one is on the coasts
Mutiny at Great Jones; How a cofounder war led every employee to quit Instagram's trendiest cookware company
{{}}
NewsletterSIMPLY PUT - where we join the dots to inform and inspire you. Sign up for a weekly brief collating many news items into one untangled thought delivered straight to your mailbox.
An HSBC banker reportedly sent a 48-page report to his bosses highlighting claims of racism at the firm, including comments like 'It's never been harder … being a white man in banking'
Inside Robinhood's IPO filing
Robinhood warns that a Dogecoin crash, 'limited operating experience,' and any new regulations could hurt its stock price