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November 30, 2023 | Legaltech News

Legal Tech Rundown: Clearlaw and Tonkean Partnership, Linklaters' Upgraded Gen AI Chatbot, and More

An update on the legal tech market's past few weeks, from product launches to new partnerships.
5 minute read
November 28, 2023 | New York Law Journal

The Power and Peril of Big Law Contingency Practices

In recent years, law firms have taken on an increasing number of contingency cases—but doing so can be a gamble. Fee delays, risk of loss, soaring out-of-pocket costs and potentially going years without revenue are just a few of the risks. It can also lead to unusual volatility in firm revenue. So why are so many firms turning to litigation funding to mitigate these risks? This article examines the benefits and risks of litigation funding and addresses successful models in cost and risk sharing. It also compares how funding can be used successfully as a tool at different types of law firms.
8 minute read
November 20, 2023 | National Law Journal

'Wait-and-See Mode' for Associate Pay: Law Firms in DC Bide Time

Law firms founded in the D.C. region aren't expected to be "leading the charge" in raising associate pay and matching, but they will be heavily influenced by what their peers in New York do.
4 minute read
November 13, 2023 | National Law Journal

10-Lawyer Stroock Litigation Group Heads to Crowell

Crowell now has about 150 lawyers and staff in Manhattan and has seen growth in its midmarket M&A practice.
3 minute read
November 09, 2023 | National Law Journal

After 7-Month Stint at Quinn Emanuel, Crowell Partner Returns

"I don't think I appreciated it the way I should have when I was here my first stint," said Michael Shaheen about Crowell.
2 minute read
November 03, 2023 | The Recorder

Lawyers on the Fast Track 2023: Sima Namiri-Kalantari

The Crowell & Moring partner is being recognized as one of more than 40 Lawyers on the Fast Track as part of The Recorder's California Legal Awards.
4 minute read
November 02, 2023 | The American Lawyer

'A Lot of Hand Wringing': Stroock Leaders Act on Backup Plans to Failed Merger Talks

After Stroock's plan A of merging with another firm fell through, their plan B of dissolving the firm and relocating a portion of the firm is playing out.
6 minute read
November 02, 2023 | The American Lawyer

Big Law Firms Call on Top Law Schools to Condemn Anti-Israel Protests, Harassment

A group of more than 200 leading law firms implored law schools to reign in "anti-Semitic activities" on campus as Israel's response to the Oct. 7 attacks draws protest worldwide.
8 minute read
October 31, 2023 | The Recorder

How Proskauer's Bart Williams Helped Land a Defense Verdict in Gilead Pay-for-Delay Antitrust Case

"In antitrust cases, because these are such blockbuster drugs, the numbers are even higher, so the financial stakes are even higher, which is why many of the so-called 'pay-for-delay' cases settle," says Proskauer's Bart Williams, a finalist for the California Legal Awards' Attorney of the Year award.
5 minute read
October 30, 2023 | Legaltech News

Former LTN EIC Monica Bay, Mentor to an Entire Legal Tech Community, Dies at Age 74

During her time at the helm of LTN, Bay not only helped educate the legal industry on the importance of legal tech, but fostered a future generation of legal tech writers, marketers, e-discovery professionals, and others.
9 minute read

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