The American Lawyer | Analysis
By Justin Henry | November 16, 2023
"For purposes of accuracy and analysis, it would make things much more clear to the market if there were three tiers: income partner, hybrid and full equity," says one recruiter.
The American Lawyer | Analysis
By Jessie Yount | November 13, 2023
AI isn't the first technology to disrupt the legal industry, but it's driving a faster pace of change and altering the law firm-legal department relationship, legal analysts report.
By Hugo Guzman | November 13, 2023
"Billable hours is all they know," consultant Ken Callander said of many in-house attorneys. "To move toward something other than that, it's really foreign to them."
The American Lawyer | Analysis
By Justin Henry | November 13, 2023
Some leaders in the lower half of the rankings no longer see elite firms' pay raises as a competitive pressure because the market has become so stratified.
By Chris O'Malley | November 7, 2023
"We understand that the 23andMe breach has resulted in the targeted exfiltration and sale on the black market of at least one million data profiles pertaining to individuals with Ashkenazi Jewish heritage," Connecticut Attorney General William Tong wrote in a letter to the company.
The American Lawyer | Analysis
By Jessie Yount | November 6, 2023
Associate staffing shortages are creating acute frustrations among litigation partners, but it may be an uphill battle to find and hire the right associates to dissolve the tensions.
The American Lawyer | Analysis
By Jessie Yount | November 3, 2023
On average, large law firms are losing nearly 10% or $21.9 million of annual staffing costs due to poor employee well-being.
The American Lawyer | Analysis
By Patrick Smith | November 2, 2023
"They didn't do anything when 45 people left a year ago," said a Stroock lawyer about firm leadership.
The American Lawyer | Analysis
By Justin Henry | November 1, 2023
Pre-pandemic, large firms were reserved in making changes to their equity partner head count. "But one of the interesting trends we saw in 2022 was there was a significant jump in firms growing equity partner head count," one researcher said.
By Trudy Knockless | October 26, 2023
A newly released survey found departments also are trying to save money by switching from large law firms to smaller ones, and by leveraging artificial intelligence.
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