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The American Lawyer

Gender Pay Gap: Elite UK Firms Show Little to No Improvement

Freshfields, Clifford Chance, Allen & Overy, Linklaters and Slaughter and May have all published gender pay gap data for 2023.
4 minute read

The American Lawyer

IPO to Insolvency: Big Law Isn't Done Making Money on EV SPACs

"They didn't care because they were making too much money off of it, and now it's especially sad that they're finding yet another way to make money off of the very problems they helped create," Yale Law School professor John Morley said of the corporate lawyers who participated in the frenzy.
8 minute read

The American Lawyer

Elite New York Law Firms Outperformed Market, as Firms Invested in Both Equity, Nonequity Tiers

Several New York law firms last year even bested their 2021 performance during the heyday of the deal market.
19 minute read

Corporate Counsel

The AI Revolution Is Here. Who Will Be the Winners and Losers in Legal Services?

"If they figure out how to incorporate this technology into their comp model, then they'll be the winners," said Stephanie Corey, co-founder of the legal ops consulting firm UpLevel Ops, on the rise of AI and how it will disrupt the way law firms do business.
10 minute read

The Legal Intelligencer

Second-Half Demand Increases Buoyed Fox Rothschild in 2023

The firm, like a number of peers, saw its equity partnership contract and its nonequity partnership expand.
5 minute read

National Law Journal

Wilmer Sees Growing Share of Fees From Meta, as Firm's Total Revenue Expands

Law firms may face business risks if a single client's bills make up more than 5% of a firm's total revenue, some consultants suggest, while others say the threshold would have to be much higher.
4 minute read

Law.com

'We're Literally Dying': Addressing Mental Health in the Legal Profession Needs to Start in Law School

"You've got to name it to tame it," said Patrick Krill.
7 minute read

The American Lawyer

Petitioners Seek to Remove 'Non-Lawyer' From ABA Vocabulary. Lively Discussion Ensues

Olga Mack, a fellow at the Stanford Center for Legal Informatics, and Damien Riehl, vice president and solutions champion at legal tech platform vLex, hope to generate a conversation that will make lawyers think twice about how they refer to their colleagues.
6 minute read

The American Lawyer

The Challenge of China: What Will Kirkland, Latham and the Rest of Big Law Do Now?

It's getting increasingly difficult to operate a law firm in Greater China, writes The Global Lawyer. How long can Big Law last?
6 minute read

The American Lawyer

Letter from Asia: In Singapore, The Americans Have a Brand Issue

American law firm brands have not penetrated the Southeast Asian market in the same way that American consumerism has. It's a brand issue. And it's also a commitment issue, writes Law.com International Asia Editor Jessica Seah in this bimonthly column.
5 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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