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Latest Stories

October 28, 2024 | The American Lawyer

CMS in Tie-Up Talks with Indian Law Firm

The potential tie-up comes in light of CMS' plans for consolidation globally, and follows a series of big exits from IndusLaw this year.
4 minute read
October 28, 2024 | The American Lawyer

4-Partner A&O Shearman Group Decamps to Linklaters

David Lucking was global co-head of financial markets at A&O Shearman.
3 minute read
October 28, 2024 | The American Lawyer

Addressing REIT Practice 'Barrier to Entry,' Paul Hastings Turns to DLA Piper, Goodwin For Hires

The firm's real estate practice is already "mature," as chair Frank Lopez put it, but the two new hires bridge a "gap" to REIT work and also inform the firm's strategy in several adjacent practices.
4 minute read
October 28, 2024 | The American Lawyer

Guarantees Are Back, Whether Law Firms Want to Talk About Them or Not

Certain firms are more widely spoken of for using multi-year deals, including Kirkland & Ellis and Paul Hastings.
7 minute read
October 28, 2024 | National Law Journal

Jenner & Block, Akin, Polsinelli, Sterlington Add to DC Benches

Sally Laing, rejoining Akin, most recently served as chief international trade counsel for the Senate Finance Committee and U.S. Sen. Ron Wyden, D-Oregon, who chairs the committee.
3 minute read
October 27, 2024 | The American Lawyer

The Price of Time: Should Law Firms Sell Minutes or Value?

As the legal industry grapples with the rise of AI, the once-immutable billable hour faces unprecedented scrutiny.
4 minute read
October 25, 2024 | The American Lawyer

From Managing Partner to NYC Mayoral Candidate: Jim Walden

Walden said the mayoral bid had nothing to do with the decision to step away from his role as managing partner of Walden Macht Haran & Williams.
5 minute read
October 25, 2024 | Texas Lawyer

Jackson Walker Faces Greater Scrutiny After Disclosure of Texts Over Judge's Relationship

Citing 2021 text messages between Jackson Walker attorneys, bankruptcy administrators assert a full evidentiary hearing is needed to determine if the firm failed to make required disclosure.
5 minute read
October 25, 2024 | The American Lawyer

Clifford Chance Further Modifies Lockstep to Better Reward Top Performers

The changes also mean that it is now easier to add or take away points from partners across the firm, the sources said.
2 minute read
October 25, 2024 | The American Lawyer

Selling AI Products to Law Firms Still a Challenge, Legal Tech Firms Say

"If you're billing by the hour, you're not really very incentivized to buy some software that makes it take fewer hours to do the same thing," one chief technology officer said.
6 minute read

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