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National Law Journal

Clifford Chance Lures 2 Partners From Kirkland & Ellis

As Clifford Chance continues expanding its energy and infrastructure capabilities in the U.S., the firm has hired partners in Houston and Washington, D.C.
3 minute read

The American Lawyer

Global Antitrust Authorities Will Aggressively Target Labor, AI and Consumer Goods in 2024, Report Says

The study, by Morgan, Lewis & Bockius, also shows competition enforcers are "back," and are carrying out more coordinated "dawn raids."
5 minute read

The American Lawyer

To Buy AI or Build AI? For Some of the Am Law 100, the Answer Is 'Both'

Given the cost and technical expertise required to develop large language models, it's not surprising the majority of firms interviewed by The American Lawyer are relying on tech vendors with pre-existing clout in the industry.
10 minute read

The American Lawyer

Did Davis Polk's Performance Review System Help the Firm Prevail at Trial?

Granular testimony from Davis Polk partners, current and former, added strength to the law firm's defense, says Jessica Taub Rosenberg, co-chair of Kasowitz Benson Torres' employment practices and litigation group.
3 minute read

The American Lawyer

Milbank Leaders Praise Non-Equity Partnership Tier Amid London Growth

The firm's famously high NQ pay is "indirectly demanded" by clients, London co-managing partner Andrej Wolf said.
4 minute read

Corporate Counsel

Why Progress on Law Firm Diversity Is 'Minimal at Best'

"I think what gets in the way is fear. If you're going to advance an interest like diversity in our profession, you have to have some courage," said Akshay Verma, a former legal ops chief at Meta and Coinbase.
13 minute read

The American Lawyer

Big Law Rates Continue Rising, But Trail 2023 Increases So Far

The average Am Law 50 firm upped its rates by 8% to 10% in 2024, according to bankruptcy records.
3 minute read

The American Lawyer

Clients, Common Sense Drive Big Law Gen AI Policies

Most law firms aren't feeding client data into generative AI tools, but a handful have begun testing the technology on closed systems with client permission.
6 minute read

The American Lawyer

China's Property Crisis Marks Sidley's Time in the Sun, But Will it Really Shake Up the Playing Field?

Outside of China's property crisis, activity in the restructuring realm has been muted in Asia. But now that Sidley Austin has sewn up the market on China real estate, how will rival firms shape up?
6 minute read

The American Lawyer

We Asked Every Am Law 100 Law Firm How They're Using Gen AI. Here's What We Learned

At least 41 of the U.S.'s highest grossing firms are putting the much-discussed technology to use, exploring opportunities for legal work and on the business side of operations.
10 minute read

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