The American Lawyer | Analysis
By Justin Henry | February 5, 2024
Given the cost and technical expertise required to develop large language models, it's not surprising the majority of firms interviewed by The American Lawyer are relying on tech vendors with pre-existing clout in the industry.
By Maria Dinzeo | Brenda Sapino Jeffreys | February 1, 2024
"I think what gets in the way is fear. If you're going to advance an interest like diversity in our profession, you have to have some courage," said Akshay Verma, a former legal ops chief at Meta and Coinbase.
The American Lawyer | Analysis
By Justin Henry | January 29, 2024
At least 41 of the U.S.'s highest grossing firms are putting the much-discussed technology to use, exploring opportunities for legal work and on the business side of operations.
The Legal Intelligencer | Analysis
By Aleeza Furman | January 25, 2024
For the third year in a row, court data shows, Philadelphia juries were around twice as likely to award verdicts of $1 million or higher than they were in the years before the COVID-19 pandemic.
The American Lawyer | Analysis|Best Practices
By Amanda O'Brien | January 23, 2024
A recent lawsuit and an ongoing trial highlight the challenges that supervisors face in delivering constructive criticism to underperforming attorneys.
By Hugo Guzman | January 22, 2024
Since the financial crisis of 2007-2008, "market power shifted decisively from law firms to the clients, rapidly moving from a sellers' to a buyers' market for legal services," a new report from Thomson Reuters and Georgetown Law says.
The American Lawyer | Analysis
By Andrew Maloney | January 17, 2024
The majority of law firms believe write-offs will increase over the next year, even after many firms made these billing adjustments in 2023, according to new results of a survey of firm leaders.
The Legal Intelligencer | Analysis|News
By Max Mitchell | January 17, 2024
"The CIU has slowed down, but you see a lot of aggressive attorneys going out there after these cases and trying to file PCRAs," Marrone said.
The Legal Intelligencer | Analysis|News
By Amanda O'Brien | January 16, 2024
COVID-19 court closures put pressure on some firms' economic models, and most players in the arena don't regularly bring in fresh talent to create a pool of future leaders.
The American Lawyer | Analysis
By Justin Henry | January 16, 2024
"It is so much easier to keep people happy when they can't see someone is making more than them even though they have more in originations," said Jeffrey Lowe, recounting the message he hears from firms with opaque compensation models.
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