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
July 25, 2019 | The American Lawyer
Burford Reports Record First Half, Blames Profit-Taking for Declining SharesWith the litigation funder's income climbing 40% and profits up 36%, CEO Chris Bogart said the legal industry, "long a cash-only business," is embracing capital in earnest.
By Dan Packel
3 minute read
July 24, 2019 | The American Lawyer
15-Lawyer LeClairRyan Aviation Team Jumps to Fox RothschildThe multistate moves mark the latest in a string of exits from LeClairRyan in recent months and will bring Fox Rothschild a new office in Northern Virginia.
By Dan Packel
3 minute read
July 22, 2019 | The Legal Intelligencer
Littler Adds Ex-Labor and Employment Practice Chief From Reed SmithKarl Fritton, who spent 23 years at Reed Smith, said it couldn't match the scope of Littler's employment practice.
By Dan Packel
3 minute read
July 22, 2019 | The American Lawyer
Baker McKenzie Exits 'Operation Carwash' Malpractice SuitThe giant Brazilian conglomerate J&F Investimentos dropped its case against the firm with prejudice, according to a filing, and "without payment," according to Baker McKenzie.
By Dan Packel
3 minute read
July 19, 2019 | The American Lawyer
Two Law Firm Subsidiaries Stand Out as Clients Embrace AlternativesAlternative legal service providers owned by Eversheds Sutherland and Fenwick & West were among the leading examples cited in a new survey by the Corporate Legal Operations Consortium, or CLOC.
By Dan Packel
3 minute read
July 18, 2019 | Law.com
The Law Firm Disrupted: Why the Billable Hour's Demise Is Greatly ExaggeratedExperts insist the billable hour creates warped incentives and clients want alternatives. Really?
By Dan Packel
5 minute read
July 16, 2019 | The American Lawyer
Hogan Lovells, Baker McKenzie Elevate Legal Ops ProfessionalsThe promotions are the latest sign that clients are ever savvier about legal operations and law firm pricing—and the firms don't want to fall behind.
By Dan Packel
4 minute read
July 15, 2019 | The American Lawyer
Afghan Deployment Means Practice Pause for Eversheds Cybersecurity LeaderIt will be Michael Bahar's third military tour since enlisting after 9/11, but his first since entering Big Law.
By Dan Packel
5 minute read
July 12, 2019 | The Recorder
California Plan for Lawyer Fee-Sharing Picks Up SpeedA vote by the state bar's board of trustees marks another baby step toward reshaping law firm ownership rules and transforming legal entrepreneurship.
By Dan Packel
3 minute read
July 11, 2019 | Law.com
The Law Firm Disrupted: Kirkland's Contingency PlanHere's why Kirkland & Ellis' announcement that it's "doubling down" on plaintiff's side contingency-fee litigation is worth your attention.
By Dan Packel
4 minute read
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