Dan Packel
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 10, 2021 | The American Lawyer
'Top Dollar for Top Judgment': In Public and Behind Closed Doors, Big Law Investigations Practices Are BoomingA recent string of high-profile investigations in professional sports and the film industry are out in the open, and changing DOJ policy is likely to yield many more probes that won't see the light of day.
By Dan Packel
8 minute read
November 08, 2021 | The American Lawyer
Kirkland Notches Apparent $200M Fee in Chemical Companies' DisputeKirkland client Huntsman Corp. revealed Nov. 5 that rival Albemarle had agreed to pay $665 million following an arbitration ruling. The company will net $465 million.
By Dan Packel
3 minute read
November 04, 2021 | Law.com
Can Low-Cost Initiatives Help Law Firms Bridge the Innovation Gap?"Frugal innovation" could be a recipe for success at law firms, but the model doesn't lend itself well to shortcuts.
By Dan Packel
5 minute read
November 04, 2021 | The American Lawyer
Constant Counteroffers and Zoom Goodbyes Are Changing How Lawyers Leave FirmsBefore COVID-19, lawyers were expected to give notice in person, if possible. But video calls have emerged as a way to be personable while resisting pressure to change their minds.
By Dan Packel
4 minute read
November 04, 2021 | The American Lawyer
LeClairRyan Founder, UnitedLex Can't Dodge Bankruptcy Trustee's ClaimsA Virginia bankruptcy judge declined to wipe claims touching on conspiracy, breach of fiduciary responsibility and misappropriation from an August amended complaint.
By Dan Packel
2 minute read
November 03, 2021 | The American Lawyer
'Aggressive' Rate Hikes Expected in 2022 as Demand Surges and Supply Lags"For some firms, this will be a historic opportunity to make progress on rates," said one industry observer.
By Dan Packel
5 minute read
October 28, 2021 | Law.com
Investment in Disruptive Tech Has Never Been a Big Law Priority. Is That Changing?McDermott Will & Emery is putting $10 million toward legal tech startups, but it's unclear if their model will be embraced by others.
By Dan Packel
5 minute read
October 27, 2021 | The American Lawyer
McDermott Puts $10M Into Legal Tech Venture FundThe LegalTech Fund, which had targeted $25 million, is now oversubscribed, having raised $30 million to invest in early-stage companies.
By Dan Packel
2 minute read
October 27, 2021 | The American Lawyer
With Turn to Hybrid Work, Firms Are Recovering Fewer 'Soft Costs' and Losing RevenueA new survey finds that 51% of firms don't intend to recoup costs generated from at-home work.
By Dan Packel
3 minute read
October 26, 2021 | The American Lawyer
Amid a New Psychedelic Revolution, a Big Law Associate Is Advocating for Therapeutic Use—and HopeBrett Waters lost his mother and grandfather to suicide. His organization, Reason for Hope, wants to make drugs like magic mushrooms widely available for treating PTSD, depression and addiction.
By Dan Packel
6 minute read
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