The American Lawyer | Analysis
By Justin Henry | February 21, 2024
Roughly 8% of the firm's $2.07 billion in revenue came in the form of contingency fees, according to Michael Carlinsky, one of three co-managing partners at the firm.
By Isha Marathe | February 21, 2024
In addition to highlighting differences in generative AI investments, a LexisNexis survey also found that legal professionals expect generative AI to spur the hiring of more technologists, and the potential loss of some associates and partners.
International Edition | Analysis
By Amy Guthrie | February 21, 2024
Cleary Gottlieb, Davis Polk, Shearman and Simpson Thacher are among the firms busy advising the region's state and corporate issuers as market conditions welcome debt and even some equity offerings.
National Law Journal | Analysis
By Abigail Adcox | February 16, 2024
Squire Patton Boggs, Hogan Lovells, Arnold & Porter and Akin are among the firms registering lately as representing foreign principals. The documents highlight what is for some a growing source of business in their public policy practices.
By Maria Dinzeo | February 16, 2024
"What we'll see is that AI gets better and better and the companies that make it and sell it get more and more sophisticated, and it's harder and harder to say there's collusion," said UC Law San Francisco professor Joshua Davis.
The American Lawyer | Analysis
By Dan Roe | February 15, 2024
As Big Law keeps getting rewarded for pushing large rate hikes, analysts and consultants say midsize firms are leaving money on the table.
By Chris O'Malley | February 15, 2024
"Sellers in every industry should monitor these developments to see how the agency's enforcement priorities evolve and are treated by the courts, so they can calibrate their compliance policies accordingly," said Mary Kaiser, a Morrison & Foerster partner.
The American Lawyer | Analysis
By Andrew Maloney | February 14, 2024
"Our talent levels became misaligned with our existing and projected client demand, particularly in our large transactional practices. I take responsibility for this and am truly sorry that those decisions have led to a significant impact on our people today," said Fenwick & West's chair.
National Law Journal | Analysis|News
By Abigail Adcox | February 14, 2024
Even as the equity tier expanded and the firm's profits per equity partner rose about 16% to $1.91 million. And amid lateral growth, Steptoe's total full-time equivalent head count rose about 4% to around 396 lawyers last year and revenue per lawyer climbed more than 8% to $1.2 million.
By Cassandre Coyer | February 14, 2024
Though law firms' structures have long been an obstacle to successful unionization efforts, generative AI could push the legal industry to consider collective bargaining.
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