The American Lawyer | Analysis
By Jessie Yount | Maria Dinzeo | October 19, 2023
In-house leaders are increasingly looking to outside counsel to at the very least understand the technology, if not use it to drive their own business efficiencies.
The American Lawyer | Analysis
By Patrick Smith | Justin Henry | October 18, 2023
"There seems to be a pressure for firms, by their clients, staff or attorneys, to raise their voices strongly and firmly," one law professor said. "But that gets dangerous as a hair-trigger reaction."
The American Lawyer | Analysis
By Andrew Maloney | October 18, 2023
The recent turnover in Am Law 200 leadership has multiple drivers, some say, including burnout in the wake of the pandemic, political upheaval and a massive shift to remote work.
By Isha Marathe | October 17, 2023
At the Knowledge Management & Innovation for Legal Conference, law firms discussed their unique experiences deploying generative AI—from their shock at the extent of hallucinations to what drove them to build their own AI tools.
The American Lawyer | Analysis
By Justin Henry | October 12, 2023
The percentage of firms that use "rewards and repercussions" to compel attorneys to meet billing deadlines is on the rise, to 89% in 2023 from 32% in 2017, according to data from consulting firm Harbor Global.
The American Lawyer | Analysis
By Justin Henry | October 12, 2023
While some large firms were quick to affirm support for Israel, others have yet to speak out or did so only after internal or public pressure.
The American Lawyer | Analysis
By Andrew Maloney | October 11, 2023
"We call it 'change slipping through the back of the sofa,'" Steven Manton, part of a group of senior pricing professionals, said. 'It's millions and millions across a large law firm, when you add it all up."
The American Lawyer | Analysis
By Andrew Maloney | October 9, 2023
Law firm leaders point to private equity deals related to home service installation, pest-control roll-ups, software companies and car washes that have generated work lately.
The American Lawyer | Analysis
By Justin Henry | September 29, 2023
As firms move partner pay systems away from favoring seniority toward favoring productivity, cultural challenges ensue.
The American Lawyer | Analysis
By Dan Roe | September 22, 2023
With no standardized method of rewarding origination outside the partnership at most Big Law firms, associates are hoping for a change that benefits them if they manage to land a new client or two.
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