The Legal Intelligencer | Analysis|News
By Amanda O'Brien | January 16, 2024
COVID-19 court closures put pressure on some firms' economic models, and most players in the arena don't regularly bring in fresh talent to create a pool of future leaders.
The American Lawyer | Analysis
By Justin Henry | January 16, 2024
"It is so much easier to keep people happy when they can't see someone is making more than them even though they have more in originations," said Jeffrey Lowe, recounting the message he hears from firms with opaque compensation models.
The American Lawyer | Analysis
By Andrew Maloney | January 12, 2024
"People are just more willing to listen about the future and creating connections, than in previous years," noted one Am Law 200 leader.
The American Lawyer | Analysis
By Andrew Maloney | January 11, 2024
Am Law 100 firms increased their associate ranks by only 1.7% through November, even accounting for their fall classes, according to a report this week.
The American Lawyer | Analysis
By Dan Roe | January 10, 2024
Dechert has hiked its rates for a top partner by 20%, while McDermott is charging top partners out at $2,590 hourly, according to recent bankruptcy court filings.
The American Lawyer | Analysis
By Andrew Maloney | January 3, 2024
Law firms will need to make harder choices if they want to keep up, but many firms are too tepid about where to drill down, noted consultant Kristin Stark.
New York Law Journal | Analysis
By Mark A. Berman | December 29, 2023
President Biden recently issued an executive order entitled "The Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence" seeking to promote "safe, secure and trustworthy development and use of artificial intelligence." AI has been imbedded as part of businesses' operations for years, but only recently has it reached world-wide mainstream advocacy in both its most positive and negative forms.
The Legal Intelligencer | Analysis
By Amanda O'Brien | December 28, 2023
"One of the strongest factors for Philadelphia going into 2024 is the life sciences and biotech market," said consultant Laura Terrell.
The American Lawyer | Analysis
By Dan Roe | December 28, 2023
From Stroock to Schnader, firms that failed struggled with common issues of recruitment, retention and financial obligations.
The Legal Intelligencer | Analysis
By Amanda O'Brien | December 27, 2023
Troutman Pepper and Ballard Spahr will see new leaders at the start of 2024.
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