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The Recorder

Inside Gordon Rees' Repositioning From Insurance to Advertising and AI

"Insurance is a blessing and a curse. You have a constant stream of work and gigantic clients that are never going to be a credit risk; but on the other side, it's a rate-constrained practice."
5 minute read

New York Law Journal

AFAs Will Grow as Firms Increase Gen AI Usage, New Survey Finds

"When we first saw AFAs hit the market, it was totally client-driven. With this new shift, it could be law firm-driven, because their profitability is at stake," said Barnes & Thornburg's Cassie Vertovec, one of the authors of the study.
5 minute read

The American Lawyer

As Associates Watch for Summer Bonuses, Timing Expectations Pushed Back

"If it doesn't happen this week, that doesn't mean that it won't happen at all," noted one Big Law associate recruiter.
5 minute read

National Law Journal

Meet the Lawyers Working for Kamala Harris' Campaign

Lawyers associated with firms such as Covington, Perkins Coie, Wilmer, Jenner & Block and Munger Tolles have all landed roles in her campaign.
4 minute read

The American Lawyer

How Chris Morvillo Viewed the 'Thrilling' Acquittal of Client Mike Lynch

After the acquittal, Morvillo took to LinkedIn for the first time in his life.
6 minute read

National Law Journal

As Nonequity Tiers Give Greater 'Compensation Flexibility,' Other Law Firms Will Likely Follow Wilmer

"There's a certain inevitability to it. These firms all need a mechanism for being able to increase the compensation of their highest performers," noted one recruiter.
5 minute read

The American Lawyer

'Gaining a Reputation': How Kirkland—And Others—Are Putting This Bankruptcy Venue On the Map

"It's gaining a reputation. Where Kirkland goes, a lot of people will follow."
10 minute read

The American Lawyer

In the Name of Law, Who are the Real Casualties of Market Downturns? 

The market in Asia is down so firms are suffering the consequences but the real casualties are the lawyers who have been laid off.
4 minute read

The American Lawyer

'Firms Fear the PR Hit, Not the Sanction': Big Law on Edge After Simpson Thacher AML Prosecution

The London office of another prestigious New York-headquartered law firm has expressed concern over the news this week that Simpson Thacher will face a U.K. tribunal for alleged AML shortcomings.
5 minute read

The American Lawyer

Facing a Shrinking Talent Pool, Insurance Defense Firms Are Fighting to Add Attorneys

"As insurance carriers become more aggressive with auditing and exceptions and cost containment, that is an impediment to our ability to retain talent," said one law firm leader. "It's having an adverse effect on morale."
6 minute read

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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