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The American Lawyer

How to Win at Restructuring in the Gilded Age of Private Credit

As private credit gobbles up market share from broadly syndicated loans, law firms not already steeped in direct lending are building multifaceted practices to avoid losing restructuring work to better-positioned peers.
7 minute read

The American Lawyer

'Increasingly Rare': These Law Firms Still Maintain Smaller Partner Pay Spreads

A group of Am Law 200 law firms has partner pay spreads that are less than half of the median pay ratios across Big Law.
5 minute read

Law.com

Kamala Harris Would Only Be the Second Lawyer-President With a Non-T-14 Law Degree

UC Law SF Dean David Faigman said legal education is "a hallmark of American presidents," noting that 27 of the nation's 45 past presidents were previously lawyers.
5 minute read

Daily Report Online

Amid 38% Head Count Growth, Pierson Ferdinand Pushing for Distributed Law Firm Model Evolution

"When we're working for other partners, we receive transparent, consistent compensation that we know about in advance right in our partner offer package," said co-chairman Joel Ferdinand.
6 minute read

The American Lawyer

'If Only We Had Full Staffing': This Legal Sector Is Spread Thin, but Negotiating Higher Rates

"It used to be a firm would put in a rate request, and it would take several weeks or months to get approved—now they're getting it approved within 24 to 48 hours," one recruiter said.
7 minute read

The American Lawyer

'Risk of Losing Out on Great Talent': Data Shows Ethnic Diversity Continues to Lag at Major U.K. Law Firms

Levels of ethnic diversity continue to lag far behind the national average at city law firms, but has any progress been made?
7 minute read

Corporate Counsel

2024 GC Pay Report: $20M Club Shrinks, but Not Average Compensation

Netflix was an outlier in revamping its pay practices in a year when robust stock market returns left investors disinclined to second guess boards.
12 minute read

The American Lawyer

The Law Firms With the Largest Partner Pay Spreads

The widening partner pay ratios come as big firms are pulling a number of levers to get money to their highest performers.
5 minute read

The American Lawyer

Partners Confront 'Deeply Uncomfortable' Client Communications on Soaring Billing Rates

Law firms are increasingly relying on engagement letters or online e-billing platforms to alert clients of rate increases, even though less personalized communication can frustrate clients, sources say.
6 minute read

The American Lawyer

Build, Buy or Borrow? Rise in AI Licensing Deals Prompts Windfall for Tech Transaction Lawyers

Running out of funds, AI companies are realizing that licensing deals can be lifelines.
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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