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
September 24, 2019 | The American Lawyer
Behind on Collections? E-Biller Lets Firms Hit Late Payers With Interest FeesHeadnote CEO Sarah Schaaf said midsize law firm are clamoring for the service, calling it a sign of their growing business savvy. "This is about incentivizing on-time payments, not about making more money," she said.
By Dan Packel
3 minute read
September 24, 2019 | The American Lawyer
BCLP Launches High-Volume Legal Services Arm, Adds Tech ExecBryan Cave Leighton Paisner tapped the former head of architecture and innovation at Global 100 firm Gowling WLG to help build out the technology for its new enterprise, dubbed BCLP Cubed.
By Dan Packel
2 minute read
September 24, 2019 | The American Lawyer
The Global 100 Are in the Midst of a Growth SpurtThe world's largest firms turned in a second straight year of robust revenue gains amid near-universal progress.
By Dan Packel
6 minute read
September 24, 2019 | The American Lawyer
Foley & Lardner Names First Chief Legal Talent OfficerHouston-based Jennifer Cafferty Patton, who comes to Foley from Vinson & Elkins, is joining the ranks of C-level talent managers in Big Law.
By Dan Packel
3 minute read
September 23, 2019 | The American Lawyer
Alternative Fees 'Finally' Gaining Currency as Biggest Firms Command a PremiumData from LexisNexis' CounselLink e-billing platform shows that 12.2% of recent matters included a nonhourly component, compared with 9.2% in 2017.
By Dan Packel
4 minute read
September 19, 2019 | Law.com
The Law Firm Disrupted: Contingency as Currency?Contingency cases with significant upside for law firms could become a bargaining chip for those trying to break law firms of the billable hour. Plus, what's on the minds of litigation funders?
By Dan Packel
6 minute read
September 18, 2019 | The American Lawyer
Steve Susman to Litigation Funding Industry: Bring It OnThe Susman Godfrey founder said his firm was at the vanguard of financing commercial claims. He had some advice for the growing set of investors in the field, along with skepticism about Big Law's ability to get the work right.
By Dan Packel
4 minute read
September 16, 2019 | The American Lawyer
Hausfeld Names Vice Chairmen Ahead of Eventual Leadership HandoverFounder Michael Hausfeld says he's still not ready to relinquish his chairmanship, but the litigation boutique is preparing for the future.
By Dan Packel
3 minute read
September 16, 2019 | The American Lawyer
Amid Sanctions and Defections, International Law Firms Hang On in MoscowA year after a Moscow rainmaker set out from Akin Gump to start his own firm, international firms are facing challenges but mainly sticking tight.
By Dan Packel
9 minute read
September 11, 2019 | The American Lawyer
Bentham Adds to Investment Team in NY, SFThe litigation finance firm saw opportunities to support a recent international arbitration hire and build out its trade secrets capabilities.
By Dan Packel
3 minute read
Trending Stories