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The American Lawyer

As Profits Rise, Law Firms Likely to Make More AI Investments in 2025

So far, law firms have spent "very little" of their revenue on gen AI-related technology, consulting and staffing, but that’s expected to change, according to a recent report.
7 minute read

International Edition

'Almost Impossible'?: Squire Challenge to Sanctions Spotlights Difficulty of Getting Off Administration's List

"It's a very serious list," Gibson, Dunn & Crutcher partner Adam Smith said of the Treasury Department's international sanctions list. "If you are on that list, there are very serious consequences that come with it."
4 minute read

The American Lawyer

Departures, Layoffs and Breakups at the Likes of Kirkland, Skadden and Mayer Brown: Asia's Top Stories 2024

Scaling Down at Gibson Dunn and Dechert, as well as developments at Morrison & Foerster and India's CAM, also garnered the lots of interest.
5 minute read

Corporate Counsel

'Everything From A to Z': University GCs Tested by Legal, Financial, Societal Challenges

“The issues in higher education are some of the most compelling out there right now,” said David Simon, former general counsel of the Philadelphia College of Osteopathic Medicine.
6 minute read

The Legal Intelligencer

Courting Growth, Pennsylvania Law Firms Expanded to Farthest Corners of the Country

A look back at the year shows that four firms based in Pennsylvania launched new offices in the farthest corners of the country, while three others launched new offices in the state or its surrounding regions.
3 minute read

The American Lawyer

Big Law's Biggest Stories (UK Edition) For 2024

The legal industry experienced a wide range of major news stories in 2024, from individual tragedies to transatlantic tie-ups, and many others in between.
8 minute read

Corporate Counsel

Pre-Internet High Court Ruling Hobbling Efforts to Keep Tech Giants from Using Below-Cost Pricing to Bury Rivals

Predatory pricing "can be particularly salient in digital markets, where firms are incentivized to prioritize growth over profits in the short term to chase scale and to cement their dominance," Federal Trade Commission Chair Lina Khan said.
6 minute read

New York Law Journal

Enemy of the State: Foreign Sovereign Immunity and Criminal Prosecutions after ‘Halkbank’

Now that the Halkbank and In re Grand Jury Subpoena decisions have made clear that foreign sovereign immunity does not prevent DOJ from enforcing grand jury subpoenas through criminal contempt charges, state-owned corporations must understand these risks and incorporate them as the costs of doing business in the United States.
10 minute read

International Edition

The Stories that Dominated the UK Legal Industry in 2024

The legal industry experienced a wide range of major news stories in 2024, from individual tragedies to transatlantic tie-ups, and many others in between.
8 minute read

International Edition

'A Wake-Up Call': Pressure for Law Firm Mergers Grows in 2024

Some analysts are predicting even more moves in 2025, even if the number of completed unions this year is likely to be on par or only slightly ahead of where it was in 2023.
6 minute read

More from ALM

More from ALM

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

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