December 19, 2023 | The American Lawyer
Morgan Lewis to Shape Thomson Reuters AI Products Through New Partnership"We're going to be working with [Thomson Reuters] on a whole suite of AI-powered tools," said chief knowledge and management and practice services officer Colleen Nihill. "Because of Morgan Lewis' depth and breadth across multiple geographies, I think they saw us as being well suited to all different use cases."
By Justin Henry
5 minute read
December 15, 2023 | The American Lawyer
Paul Weiss Targets Houston Entrance, Approaching Lawyers at Peer FirmsThe firm has approached lawyers at several of its Am Law 50 competitors—Baker Botts, Kirkland & Ellis, Latham & Watkins and Vinson & Elkins.
By Justin Henry
2 minute read
December 15, 2023 | The American Lawyer
Big Law Isn't Big In Raleigh, as Region's Start-Ups Prioritize Rate Flexibility"I've worked with firms who find it difficult because they want the partners to charge X rate and they would lose a third of their business," said Charlotte-based Jordan Abshire, founder and managing member of Abshire Legal Search.
By Justin Henry
8 minute read
December 13, 2023 | The American Lawyer
Amid Exits, FisherBroyles Develops Profit-Sharing Plan for 2024The profit-sharing plans of both FisherBroyles and a spinoff firm are a departure from the usual practices of distributed law firms.
By Justin Henry
5 minute read
December 12, 2023 | The American Lawyer
1,660 Years and Counting—Debevoise's John Gleeson Works to Reduce Sentences of Those Like He ConvictedA look at the career and impact of John Gleeson, one of The American Lawyer's 2023 Lifetime Achievement honorees.
By Justin Henry
5 minute read
December 12, 2023 | Pro Mid Market
'Tough-Guy' Mentality Of Leadership Is Changing As Young Lawyers Shift Career Expectations"There's an old standby that the younger generation doesn't work as hard," said law firm management consultant Tim Corcoran, calling this a "false read."
By Justin Henry | Jessie Yount
4 minute read
December 11, 2023 | The American Lawyer
Seyfarth Gets 5 White-Collar Lawyers, Including Practice Co-Chair, From Dissolving StroockRichard Morvillo and his team joined Stroock from Orrick in 2021.
By Justin Henry
3 minute read
December 11, 2023 | The Legal Intelligencer
Holland & Knight Charged Ex-Republic Bank CEO Nearly $7M for 'Ineffective' Services, Suit AllegesVernon Hill, founder of Commerce Bank in the U.S. and Metro Bank in the U.K., accused the firm of "top-heavy staffing, duplicative billing and excessive billing."
By Justin Henry
3 minute read
December 11, 2023 | The American Lawyer
In Stroock Dissolution, Partners Will Get Capital Back After Hogan Lovells Is Made WholeHogan Lovells, which acquired a team of 28 partners from Stroock and office leases in New York and Washington, is also a secured creditor, gaining rights to the firm's largest liability: a loan made by Chase Bank.
By Justin Henry
4 minute read
December 08, 2023 | The American Lawyer
Layoffs at K&L Gates Hit Associates in Chicago, Boston, DC, PittsburghEvery year, K&L Gates manages headcount based on "personnel performance, client demand and related reviews," which typically result in "personnel decisions," the firm's representative said in a statement. Leaders declined to comment directly on the cuts.
By Justin Henry
3 minute read
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