By Vanessa Blum | Zack Needles | October 30, 2020
With clients demanding more cost-effective solutions, traditional law firms are positioning themselves to compete with New Law providers.
By Dylan Jackson | October 23, 2020
The lateral market saw some rare real estate movement this week, while firms continued to add government, IP and cybersecurity lawyers.
By Brenda Sapino Jeffreys | October 21, 2020
Akin Gump Strauss Hauer & Feld is following the lead of Davis Polk & Wardwell by paying a special fall bonus to associates ranging from $7,500 to $40,000.
By Dylan Jackson | October 7, 2020
"This move about extra bonuses seems contrary to the conservative fiscal approach that most of corporate America is taking right now," said in-house legal department consultant Jason Winmill.
By Patrick Smith | September 28, 2020
Changing power dynamics, entrenched ideals and the clarity of organizational values all impact how firms make decisions regarding their more junior attorneys. But the latter aren't powerless.
By Dan Packel | September 25, 2020
One firm fielded a call from an accounting firm curious about a partnership, while another is weighing a subsidiary with nonlawyer shareholders. But regulations governing the new reality still need to be clarified.
By Brenda Sapino Jeffreys | September 21, 2020
Law Offices of Manuel Solis alleges the staffer violated a non-compete agreement when jumping to a competitor in Houston.
By Dylan Jackson | September 18, 2020
Kirkland & Ellis, the richest firm in the Am Law 200, has decided to not adopt the fall bonus scale set by Davis Polk & Wardwell, which was matched by Milbank, Hueston Hennigan, and now Irell.
Daily Business Review | Analysis
By Dylan Jackson | September 9, 2020
John Stewart, who is leading the charge in Florida, says the first big market to adopt new rules will likely set the standard for the industry.
By Victoria Hudgins | August 25, 2020
All eyes were on Utah when it allowed nonlawyers to perform more legal services and share fees with lawyers for the first time in the U.S. Now states will closely watch how Utah lawyers' revenue and consumer complaints fare in the new "sandbox."
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