By Hugo Guzman | February 26, 2024
The U.S. Comptroller of the Currency issued a cease-and-desist order against Colleen Kimmel, former general counsel of Sterling Bancorp, even though it doesn't allege she had any involvement in the $69 million fraud that threw the institution into chaos.
By Isha Marathe | February 22, 2024
At the UnitedLex webinar "Exploring AI: An In-Depth Discussion of Real-Life Legal Use Cases," panelists discussed the most practical applications of AI across the legal landscape.
By Stephanie Wilkins | February 22, 2024
For an annual conference known to cater to solo and small law firms, the buzz around the mid-market was noticeable, while generative AI remained the industry's legal tech darling of the moment.
National Law Journal | Analysis
By Abigail Adcox | February 22, 2024
The firm's expense growth was driven by investments in new ancillary businesses, as well as overhead for new firm offices, lawyer compensation and inflation, said Michael Martz, Vorys managing partner.
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.
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