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Dan Packel

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

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August 28, 2020 | The American Lawyer

Arizona OKs Outside Ownership of Law Firms

The state is the first jurisdiction to scrap Rule 5.4, which has historically barred nonlawyers from both fee sharing and from having an economic interest in a law firm.

By Dan Packel

3 minute read

August 27, 2020 | Law.com

Doing Good Is Good For Business

Companies aren't just hiring law firms to support their efforts at being better corporate citizens. They're training a gimlet eye on firms' own efforts to be greener and improve their own social impact.

By Dan Packel

6 minute read

August 27, 2020 | The American Lawyer

Surge in 'Blank Check' Companies Keeps SPAC Specialists Busy

The relatively new arrow in private equity's quiver is gaining staying power, and so have the lawyers handling the unique offerings.

By Dan Packel

6 minute read

August 24, 2020 | The American Lawyer

Heed Jones Day's 'One Firm Worldwide' Rhetoric, Plaintiffs Urge Judge in Gender Bias Suit

Jones Day has argued that three female former associates can't compare salaries across offices. The plaintiffs say that the firm's longstanding pronouncements about its level of unity speaks to a deeper truth.

By Dan Packel

4 minute read

August 24, 2020 | The American Lawyer

Manatt Lands 2 Cryptocurrency Partners From FisherBroyles

Corporate partner Marc Boiron and litigation partner Rebecca Rettig realized that their blockchain work complemented each other when they arrived at the "virtual" firm within a year of each other. They say Manatt's "hybrid" practice is a step forward.

By Dan Packel

3 minute read

August 20, 2020 | Law.com

Roll It Back

If there's any message to be taken from the steady stream of law firms rolling back compensation cuts, it's that the sky hasn't fallen.

By Dan Packel

7 minute read

August 20, 2020 | The American Lawyer

More Firms Are Partially Restoring Pay, but Full Salaries May Wait Until 2021

Pillsbury, K&L Gates and Crowell & Moring are the latest firms to walk back some of their pandemic-related pay cuts.

By Christine Simmons | Dan Packel

5 minute read

August 19, 2020 | The American Lawyer

Reed Smith Partially Walks Back Pay Cuts for Lawyers, Staff

The complete rollback of pay cuts is not expected this year. "It is anticipated that the compensation reductions as of September 1 will be in place through year-end," according to a Wednesday statement from the firm's leader.

By Dan Packel | Christine Simmons

2 minute read

August 19, 2020 | The American Lawyer

Remote School Is Now a Marathon, Not a Sprint. How Will Firms Support Parents?

Affinity groups, outside resources and flexibility in work arrangements are on the table, while some leaders are promising to be understanding when it comes to billing requirements.

By Dan Packel

6 minute read

August 19, 2020 | The American Lawyer

America's CEOs Stated A New Goal. Now Law Firms See Opportunities in Getting Them There

Firms such Wachtell, Paul Weiss, Freshfields and Winston & Strawn are guiding clients toward ESG goals.

By Dan Packel

9 minute read