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The American Lawyer

Impressive Gains at Quinn Emanuel, Hogan Lovells, Milbank Suggest a Healthy 2023 for Am Law 100

"It's interesting to me that those in the top 50 did even better than those in the next 50," said Marci Taylor, a law firm strategy consultant and founder of Mantra Partner, in regard to early reports.
6 minute read

National Law Journal

As Associate Pay Raises Divide the Market, Several Law Firms Match, Others Hold Off

"Many do compete with the New York firms," said Wells Fargo's Owen Burman about D.C. firms. "But it's not universal."
5 minute read

The American Lawyer

To Implement Gen AI, Lawyers and Large Language Models Go Back to School

Law firms are training attorneys on prompt engineering and feeding data into LLMs to get both parties acquainted with each other.
7 minute read

National Law Journal

Even With More Competition in DC, These Law Firms Still Have an Edge

D.C. firms say their deep regulatory and litigation background is working to their advantage, contributing to growing profits, particularly in years where transactional work has been softer.
7 minute read

The American Lawyer

Law Firms Witnessed a 'Return to Profit Growth' in 2023

After profits per equity partner dipped by 5.7% in 2022, they climbed by 6.6% in the last year, according to data from Citi's Global Wealth at Work Law Firm Group.
5 minute read

The American Lawyer

What Does the Opening of Brazil's Gambling Market Mean For Global Firms?

The Brazilian Bar Association forbids international law firms from practicing local law in the country, but global law firms can still get in on the growing sector by advising on cross-border M&A.
4 minute read

Law.com

Legal Speak at Legalweek 2024: Relativity's Director of AI Transformation and Law Firm Strategy Cristin Traylor; Zeem Solutions GC and Chief Privacy Officer John Meyer

Last week, Legal Speak was live on location at Legalweek 2024 in New York City, where we interviewed professionals from across the legal industry about everything from the practical applications of generative AI to the benefits of sharing ideas and advice with both colleagues and competitors.
1 minute read

Legaltech News

Gen AI Could Force Lawyers, Clients to Talk Differently About Billable Hour, Legal Pricing

Lawyers have historically stayed mum about the value of their work and the resources needed to perform it. But if they want to move away from the billable hour, that's going to have to change.
6 minute read

The American Lawyer

8 Years Out, Olympic Games Projects Add to Demand for Lawyers in Australia

At this rate, lawyers and recruiters are wondering if enough lawyers will be found to meet growing demand in Brisbane, the city designated host to the 2032 Olympic Games.
4 minute read

National Law Journal

Arnold & Porter Sees Revenue and Profits Jump, With PEP Rising 15% to $1.6M

The environment for counsel on government-facing issues was "quite strong" last year, driving demand across the firm's litigation, transaction and regulatory practices, said chairman Richard Alexander.
3 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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