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The American Lawyer

Dentons' Project Golden Spike Had Bold Ambitions. Did it Meet Them?

"They thought there was an opportunity to build out a Big Four model that could practice law in the U.S. and the pitch was going to good firms in smaller markets and asking them to join," said Indiana University Maurer School of Law professor Bill Henderson. "There was a shared service model that was quite coherent. That's the model. Time will tell if it works in practice."
5 minute read

The American Lawyer

With 'Fractional' C-Suite Advisers, Midsize Firms Balance Expertise With Expense

While the fractional C-suite model may sound similar to the consulting model, these professionals focus on smaller firms and boast a more hands-on approach to their work
4 minute read

National Law Journal

Big Law Picks Up Several New Lobbying Clients in Second Quarter

Brownstein, Akin, Holland & Knight, Arnold & Porter, King & Spalding and Wilmer are among the firms that have filed new lobbying registrations.
3 minute read

National Law Journal

Law Firms in DC Region Are Checking Out These Markets for Expansion

The growth mindset continues the trend of D.C. area firms launching new offices lately. Just in the last 18 months, Covington, Arnold & Porter, Steptoe, Venable and Miles & Stockbridge have all landed in new cities.
4 minute read

Corporate Counsel

More GCs Join Corporate Boards, but 'Legal Functionary' Stereotype Creates Headwind

"The law teaches us how to think about both sides of things, how to anticipate issues, how to see around the corner, and all of those skills are very, very important to be a valuable board member," said ex-AbbVie Chief Legal Officer Laura Schumacher, a director of two companies.
6 minute read

New York Law Journal

Theft Loss Deductions Denied

In two recent Tax Court decisions, it was determined that, although there had been a loss in value attributable to activities ultimately determined to be crimes, no theft loss was allowable to the petitioners because no crime in the nature of theft had been committed against the petitioners themselves to deprive them of property that they owned.
9 minute read

National Law Journal

For Law Firms, There's No Substitute For Associate Growth

The total number of associates in the NLJ 500 now numbers approximately 84,651, more than 10,000 additional associates since 2018.
8 minute read

New York Law Journal

AI Threatens User Privacy

Without specific legal guardrails, the use of AI tools must be approached with caution. This article addresses some of the issues that users and companies using AI applications should be considering in addressing the privacy of users and their transactions.
8 minute read

National Law Journal

The 2024 NLJ 500: Headcount Growth Returns to Pre-Pandemic Levels

The majority of the largest law firms saw modest headcount growth, though there were a few exceptions, leading to several ranking adjustments at the top of the NLJ 500.
9 minute read

New York Law Journal

Is It Binding? (Part Two)

This month's Practical New York Practice™ column dives into the third, frankly mysterious formula set forth in CPLR 2104 to create an enforceable stipulation: "An agreement between parties or their attorneys relating to any matter in an action…reduced to the form of an order and entered."
13 minute read

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