NEXT
Sign in to follow

The American Lawyer

Big Fish, Small Ponds: How Big Law Is Slowly Infiltrating Emerging Markets

"Firms open there, not because they want to tap into a certain geographic community but because partners want to live there," Holland & Knight managing partner Steven Sonberg said.
9 minute read

The American Lawyer

Law's Lightbulb Moment: Why AI Needs More Time to Develop

The adoption of AI into law will be gradual, not sudden, and we are probably still waiting for that perfect product to arrive.
4 minute read

The American Lawyer

Wachtell Seeks Balance Between 'Continuity and Change'

The Wall Street firm may keep its same approach in firm operations for as long as possible, whether it's the firm's lockstep compensation system, partnership structure or practice-area focus.
8 minute read

The American Lawyer

David Boies' Succession Plan Will Make or Break Boies Schiller

The partners of Boies Schiller Flexner will vote on the next firm chair in December, marking the culmination of a long, rocky and highly public succession plan.
8 minute read

The American Lawyer

Law Firms Offer Income Partners 'Skin in the Game' With Partial Equity Status

"For purposes of accuracy and analysis, it would make things much more clear to the market if there were three tiers: income partner, hybrid and full equity," says one recruiter.
5 minute read

The American Lawyer

Where Are the Milbank Pay Matches? Mixed Market Signals Weigh on Law Firms

"It's a bit telling of how the overall market is kind of feeling at the moment. There's going to be a lot of variability in how firms perform this year," noted New York legal recruiter Scott Yaccarino.
6 minute read

Legaltech News

Clients Aren't Always on Board with Law Firm Innovation. Now What?

While law firms may see client resistance as a hurdle to their technology evolution, a collaborative approach is likely the key to true innovation.
9 minute read

The American Lawyer

For Big Law Profits This Year, Collections Remain the 'Big If'

"This could be a decent year if firms are able to speed up collections from now through year-end. So, that's the big 'if'," noted Citi's Gretta Rusanow.
5 minute read

The American Lawyer

How Will AI Disrupt Legal Billing? Early Innovations Offer Some Clues

AI isn't the first technology to disrupt the legal industry, but it's driving a faster pace of change and altering the law firm-legal department relationship, legal analysts report.
5 minute read

Corporate Counsel

By-the-Hour Billing Torments Legal Departments. So Why Aren't More Demanding Alternatives?

"Billable hours is all they know," consultant Ken Callander said of many in-house attorneys. "To move toward something other than that, it's really foreign to them."
5 minute read

TRENDING STORIES

Law Pro Logo

Featured Firms

Law Offices of Gary Martin Hays & Associates, P.C.

(470) 294-1674

Law Offices of Mark E. Salomone

(857) 444-6468

Smith & Hassler

(713) 739-1250

More from ALM

More from ALM

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

Resources

  • Data Management and Analytics: The Key to Success for Legal Operations

    Brought to you by DiliTrust

    Download Now

  • Small Law Firm Playbook: The Expert's Guide to Getting the Most Out of Legal Software

    Brought to you by PracticePanther

    Download Now

  • Strong & Hanni Solves Storage Woes--Learn How You Can, Too

    Brought to you by Filevine

    Download Now

  • Meeting the Requirements of California's SB 553: Workplace Violence Prevention

    Brought to you by NAVEX Global

    Download Now