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Roy Strom

Roy Strom

March 30, 2018 | The American Lawyer

McDermott Touts $100M Haul as Raid on DLA Piper Grows

McDermott Will & Emery's chairman said in an internal memo that he expects to hire around 50 lawyers from DLA Piper that will add about $100 million in annual revenue and open a new San Francisco office for the firm.

By Roy Strom

5 minute read

March 29, 2018 | Law.com

The Law Firm Disrupted: The Building Blocks for Better Budgets

Some firms are looking to legal technology to help their lawyers more accurately track their time on client matters.

By Roy Strom

7 minute read

March 28, 2018 | The American Lawyer

Big Talk, Little Action? Survey Details Big Law 'Innovation Gap'

A new survey reveals that 81 percent of clients see "little" or "hardly any" innovation inside their law firms. Only 5 percent of clients are content. What gives?

By Roy Strom |

6 minute read

March 26, 2018 | The American Lawyer

'Drake's Favorite Lawyer' and 4 More Move to Katten Muchin

Steven Reisman, co-chair of the restructuring and insolvency group at Curtis, Mallet-Prevost, Colt & Mosle, is leading a five-lawyer team heading to Katten Muchin Rosenman in New York.

By Roy Strom |

5 minute read

March 26, 2018 | The American Lawyer

Law Firms Are Investing in Tech Before It Overtakes Them

The definition of a law firm is shifting as firms invest in technology to stave off competitors and give clients what they want.

By Rhys Dipshan | Roy Strom

22 minute read

March 23, 2018 | The American Lawyer

Schiff Hardin's Revenue, Lawyers Continue to Slide

Head count and gross revenue fell for the second straight year at Chicago-based Schiff Hardin, where tumult began in January 2016 when 22 partners departed to start their own firm.

By Roy Strom |

3 minute read

March 22, 2018 | Law.com

What Is the 'New Normal' for Kirkland & Ellis?

Latham & Watkins didn't have much time to enjoy being the first firm to shatter the $3 billion gross revenue mark in the Am Law 100. Kirkland, and its incredible growth rate, also joined that exclusive club last year.

By Roy Strom |

7 minute read

March 22, 2018 | The American Lawyer

Baker & Hostetler Elects New Chairman for First Time in 14 Years

Paul Schmidt, chairman of Baker & Hostetler's national tax practice, has been chosen to assume leadership of the firm at year's end. He will be the Cleveland-based Am Law 100 firm's first new leader since 2004.

By Roy Strom |

5 minute read

March 21, 2018 | The American Lawyer

Kirkland Overtakes Latham as World's Biggest Firm by Revenue

There's a new leader atop the Am Law 100. Kirkland & Ellis has surpassed Latham & Watkins as the world's largest law firm, as determined by gross revenue.

By Roy Strom |

6 minute read

March 20, 2018 | The American Lawyer

First a Big Law Innovation, Then a Split

Two partners who helped create the Data Law Center have left Akerman, announcing last week the launch of a now eight-lawyer boutique in Chicago called Actuate Law that they said will be focused on building more expert systems without what they described as Big Law bureaucracy.

By Roy Strom |

5 minute read