Dan Packel is an editor on the Business of Law desk at ALM. He writes a weekly briefing for Law.com, "The Law Firm Disrupted," on change and innovation in the legal marketplace. He is based in Philadelphia. Contact him at [email protected]. On Twitter at @packeld
November 14, 2024 | Law.com
The Law Firm Disrupted: It's Bonus TimeOnce again, Milbank is the first mover, and peer firms will likely follow. But two questions remain. What figure are they going to match? And when?
By Dan Packel
4 minute read
November 07, 2024 | Law.com
The Law Firm Disrupted: Big Law Profits Vs. Political ValuesPersonnel in Big Law were far more enthusiastic about the prospect of a Kamala Harris presidency, according to campaign finance records. But firm leaders are bullish about the upcoming Trump presidency.
By Dan Packel
5 minute read
October 24, 2024 | Law.com
The Law Firm Disrupted: Quality Partner Training—The Exception or the Rule?At firms with more than 500 attorneys, 49% of leaders indicated in a new survey they were rolling out new training initiatives to help upskill partners. For firms under that threshold, only 23% indicated that this was a priority.
By Dan Packel
4 minute read
October 10, 2024 | Law.com
The Law Firm Disrupted: Playing the Talent Game to Win"You want to be part of a winning team," one former Big Law CEO said. "It's very important in legal, maybe more so than other professions. As a leader, you need to be very attentive to that."
By Dan Packel
5 minute read
September 26, 2024 | Law.com
The Law Firm Disrupted: For Big Law Names, Shorter is SweeterThe shift toward brevity in law firm names may be at odds with another tendency in the legal world: a seeming unending wave of mergers and consolidations.
By Dan Packel
4 minute read
September 19, 2024 | Law.com
The Law Firm Disrupted: A Harsher Take on Litigation FundingA former law firm CFO says firms should be committing 5% to 8% of their own revenue every year to fund their own cases.
By Dan Packel
4 minute read
September 12, 2024 | Law.com
The Law Firm Disrupted: Litigation Finance Goes Mainstream. That's No AccidentFunders like Burford Capital need to partner with lawyers to realize returns on their capital. That puts a premium on efforts to demystify their work.
By Dan Packel
5 minute read
September 05, 2024 | Law.com
The Law Firm Disrupted: Firms Should 'Partner' With Newcomers in Legal Services, Not 'Stiff Arm' ThemJames Turoff, the GC at Hershey Company, shares observations from the in-house side on a rapidly evolving legal services marketplace.
By Dan Packel
5 minute read
August 22, 2024 | Law.com
The Law Firm Disrupted: The Legal Workplace Spans 4 Generations. Treat That as an OpportunityBaby boomers, Gen X, millennials and Zoomers are all part of the talent mix right now, offering opportunities in the workplace, noted Husch Blackwell CEO Jamie Lawless.
By Dan Packel
5 minute read
July 18, 2024 | Law.com
The Law Firm Disrupted: A New Opportunity isn't a BetrayalPunitive measures for departing partners are on the rise.
By Dan Packel
4 minute read