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February 02, 2024 | The American Lawyer

Cravath Enters Modern Era of Big Law Amid Regular Rate of Partner Exits

"The tweaking of their model may have stopped some people from leaving, but they don't seem to be leveraging the other aspect of breaking lockstep to expand and grow," noted one observer.
8 minute read
February 01, 2024 | Law.com

The Law Firm Disrupted: Gen AI Use in the Am Law 100 Earns Our Spotlight

We heard about generative AI approaches at Wall Street heavies, global firms, labor and employment giants, and outfits with roots in nearly every major legal market in the U.S.
5 minute read
February 01, 2024 | The American Lawyer

Milbank Leaders Praise Non-Equity Partnership Tier Amid London Growth

The firm's famously high NQ pay is "indirectly demanded" by clients, London co-managing partner Andrej Wolf said.
4 minute read
February 01, 2024 | The American Lawyer

Goodwin, Citing Performance Reviews, Parts With Number of Associates

As part of an attorney evaluation process, "each year, the firm facilitates the transition of lawyers who are not performing at the high standards that our clients expect of us," Goodwin said in a statement Thursday.
2 minute read
February 01, 2024 | The American Lawyer

Kirkland Adds 5-Lawyer Investment Funds Team From Goodwin

The group hires come two years after Kirkland lured a Proskauer funds group.
3 minute read
Law Journal Press | Digital Book District of Columbia Legal Malpractice Law 2024 Authors: Shari L. Klevens, Alanna G. Clair View this Book

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February 01, 2024 | Daily Business Review

DBR Announces 2024 Florida Legal Awards Honorees

All honorees will be recognized, and winners in finalist categories announced, at the Florida Legal Awards event in April.
4 minute read
January 31, 2024 | The American Lawyer

'Late Adopters' or 'Cautious Optimism': Law Firm Partners Share Divergent Approaches to Gen AI

A Legalweek panel highlighted the lack of consensus surrounding how large law firms should be approaching the emerging technology.
6 minute read
January 31, 2024 | The American Lawyer

Paul Weiss Lands Linklaters Partner as Head of European Public M&A in London

The firm continues to build out its corporate practice with high profile hires in London, this time hitting a UK firm for the talent.
2 minute read
January 31, 2024 | The American Lawyer

Big Law Rates Continue Rising, But Trail 2023 Increases So Far

The average Am Law 50 firm upped its rates by 8% to 10% in 2024, according to bankruptcy records.
3 minute read
January 30, 2024 | Daily Report Online

On the Move: Ogletree Elevates Washko to Managing Shareholder, Two Firms Add Lateral Partners

Liz Washko succeeds Matt Keen as managing shareholder at Ogletree, while Troutman Pepper and Nelson Mullins add lateral partners.
5 minute read

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