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September 26, 2024 | The American Lawyer

Wine, Dine and Grind (Through the Weekend): Summer Associates Thirst For Experience in 'Real Matters'

While they appreciate lavish experiences, summer associates also want to know what life in Big Law will actually be like.
8 minute read
September 25, 2024 | The American Lawyer

Sullivan & Cromwell Didn't Ignore FTX Red Flags, Second Examiner Report Concludes

FTX Group's in-house counsel withheld information in communications with Sullivan & Cromwell that prevented the law firm from seeing red flags, the report stated.
4 minute read
September 24, 2024 | The American Lawyer

Senior Partners Approach $3,000 an Hour, As More Billing Rate Hikes Expected in 2025

About 16 Am Law 50 firms have third-year associates with rates over $1,000, but Valeo Partners project around half of the Am Law 50 to have rates of over $1,000 for this group of lawyers by 2025.
5 minute read
September 23, 2024 | National Law Journal

As Election Nears, SEC Ramps Up Activity, More Big Law Firms Land Defense Work

Linklaters, Sullivan & Cromwell, Bracewell, Davis Polk, Milbank, among other firms, are advising financial firms, broker-dealers and companies wrapped up in SEC enforcement actions this month.
3 minute read
September 23, 2024 | National Law Journal

'$20 Billion in Damages': FTX Bankruptcy Estate and MDL Resolve Differences

"We're optimistic that in each of these cases, in FTX, in Voyager, we're going to be able to get people back their damages," said Adam Moskowitz, co-lead counsel in the FTX multidistrict litigation. "But that's looking backward. If you look forward, how will you deal with this situation?"
5 minute read
September 20, 2024 | Legaltech News

Legaltech Rundown: UC Law San Francisco's Justice Tech Accelerator, New Steno and UnitedLex Hires and More

An update on the legal tech market's past week, from product launches to new partnerships.
3 minute read
September 18, 2024 | National Law Journal

SDNY Judge Dismisses Antitrust Class Action Alleging Global Bank Price-Fixing Conspiracy

"Here, the plaintiff has failed to allege any facts to show that the defendants engaged in parallel conduct that suggests the existence of a price-fixing conspiracy and each defendant's participation in that conspiracy," U.S. District Judge John G. Koeltl wrote in his memorandum opinion. "This kind of barebones group pleading of parallel conduct is insufficient."
2 minute read
September 17, 2024 | The American Lawyer

Deal Watch: Midmarket Private Equity Activity Helps Fuel Law Firm Demand

The lack of big PE deals has been a damper on overall deal activity while midmarket work has picked up some of the slack. That may change soon.
8 minute read
September 17, 2024 | The American Lawyer

The 2024 Global 200 Ranked by Revenue

The 200 largest law firms in the world, made up mainly of U.S. firms, saw growth increase in the latest fiscal year, with some regions out-performing others.
7 minute read
September 16, 2024 | Legaltech News

Tracking Generative AI: How Evolving AI Models Are Impacting Legal

A running compilation of how the legal landscape continues to be shaped by generative AI tools, from GPT technologies to art generation tools and beyond.
208 minute read

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