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
June 29, 2022 | International Edition
Baker McKenzie Partner Presents at Putin-Hosted Conference as Firm Continues Russia Operations SpinoffMoscow partner Vladimir Efremov presented under the firm's name at the 10th annual St. Petersburg Legal Forum Wednesday. Baker McKenzie said it would spin off its Russian operations in March, but the process remains incomplete.
By Dan Packel
3 minute read
June 29, 2022 | The American Lawyer
Gibson Dunn Raises Partner Pay Ceiling But Doubts SimmerAfter the firm revamped its comp system, the highest-earning partners now approach $13 million. But dissatisfaction lingers over the changes and how they were relayed.
By Dan Packel
7 minute read
June 23, 2022 | Law.com
The Law Firm Disrupted: A Wall Street Elite Joins The Subsidiary ParadeCleary Gottlieb Steen & Hamilton, with profits per equity partner of $4.7 million, becomes an outlier among high-end firms in launching a tech-focused unit to deliver savings on elements of transactional work.
By Dan Packel
5 minute read
June 16, 2022 | Law.com
The Law Firm Disrupted: Dentons' Verein Structure Might Have Cost The Firm. But That Won't Move This Appeals CourtIn an attempt to overturn a $32 million verdict, the largest firm in the world told the Ohio Supreme Court that its case is about standards for malpractice litigation, a matter that concerns all firms, regardless of size or structure.
By Dan Packel
5 minute read
June 10, 2022 | The Legal Intelligencer
Dechert Billing Manager's Claims of Racism, Retaliation Fall Short, Judge RulesU.S. District Judge Chad Kenney found no evidence to support Celiena McClelland's claims that she was the subject of unlawful employment discrimination and retaliation by the firm.
By Dan Packel | Justin Henry
3 minute read
June 09, 2022 | Law.com
The Law Firm Disrupted: Dwelling On the Future of SpaceIt's far easier to think about physical space and insist on its significance than it is to answer the questions surrounding mentorship and advancement in the absence of proximity.
By Dan Packel
5 minute read
June 02, 2022 | Law.com
The Law Firm Disrupted: Slow Ticket Sales At The 'Innovation Theater'As the latest big firm to launch an innovation-focused subsidiary, Norton Rose Fulbright wants to ensure the effort is more than just for show.
By Dan Packel
6 minute read
June 01, 2022 | The American Lawyer
Norton Rose Fulbright Unveils Innovation-Focused Subsidiary"We looked less at the competition and more at creating the model as we wanted it to be," partner Daniel Farris said of the new unit, titled LX Studio.
By Dan Packel
3 minute read
June 01, 2022 | The American Lawyer
Hogan Lovells Nabs Foley Hoag M&A Co-Chair in BostonAber is the fifth M&A partner to join the firm in the U.S. this year.
By Dan Packel
3 minute read
May 27, 2022 | The American Lawyer
EY Dumping Audit Business Is Bad News for Law FirmsIf the Big Four firm goes ahead with the split, there will be one less obstacle to its pursuit of legal work. And its peers will likely follow.
By Bruce Love | Dan Packel
4 minute read