US Law Firm Leasing Up Nearly 30% Through Q3, With a Growing Number of Firms Staying in Place
Matching a 2023 trend, the majority of U.S. law firms signed leases through Q3 of 2024 are to stay in place, a result of growing improvement costs and a shortage of high-quality space in some core markets.AI Expected to Transform Legal Field Even More as Technologies Evolve
"There's more need for legal services. The question is how will that need be satisfied?" said professor Richard Susskind, an internationally recognized authority in the world of artificial intelligence.Big Law Communications, Media Attorneys Brace for Changes Under Trump
“We’ve seen some rhetoric out of president-elect [Trump], Elon Musk, and chairman-designate Brendan Carr targeting the media. Around the edges, clients are asking questions about what that means and whether they should be concerned,” said Wiley's Kathleen Kirby.Rule of Law: Is Big Law Too Shortsighted?
This fundamental value is being tested, but lawyers don't often say much, writes The Global Lawyer.Weil Partner Exits Raise Questions About Future Firm Leadership
Elizabeth Stotland Weiswasser and Ray Schrock, both among Weil’s top 10 rainmakers with significant books of business, were unwelcome departures, sources say. Weiswasser in particular was seen as a potential future leader of Weil.Gibson Dunn Sued By Crypto Client After Lateral Hire Causes Conflict of Interest
Swan Bitcoin, which retained Gibson, Dunn & Crutcher in September as counsel in trade secrets litigation, claims the firm "betrayed its client for Tether’s billions."'It Refreshes Me': King & Spalding Privacy Leader Doubles as Equestrian Champ
Atlanta partner Phyllis Sumner balances availability to clients with competing in equestrian competitions.Trump's SEC Overhaul: What It Means for Big Law Capital Markets, Crypto Work
"We are starting to see firms focus on capital markets associate hiring in anticipation of increased debt and equity offerings in a decreased SEC regulatory environment," said Lateral Link Managing Director Jesse Hyde.Armstrong Teasdale's London Creditors Face Big Losses
Armstrong Teasdale’s ill-fated London expansion ended in administration, leaving creditors facing significant losses amid unresolved debts and frozen assets.Quinn Emanuel Has Thrived in China. Will Trump Help Boost Its Fortunes?
Tit-for-tat regulations between China and the U.S. have helped Quinn Emanuel Urquhart & Sullivan. Will Trump’s leadership expedite its growth?Trending Stories
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