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Stories about how corporate legal departments are restructuring and finding creative new ways to manage budget and outside counsel spend, leverage technology and work with their outside counsel more efficiently.
By Diana C. Manning, Benjamin J. DiLorenzo and Kyle A. Valente | February 22, 2024
As with all new technologies, AI brings with it a plethora of potential benefits in the form of improving efficiency and reducing costs. Law firms and lawyers are increasingly engaging with AI programs and tools in conjunction with document reviews, legal research, contract drafting and the preparation of legal briefs.
8 minute read
By Abigail Adcox | February 14, 2024
Even as the equity tier expanded and the firm's profits per equity partner rose about 16% to $1.91 million. And amid lateral growth, Steptoe's total full-time equivalent head count rose about 4% to around 396 lawyers last year and revenue per lawyer climbed more than 8% to $1.2 million.
4 minute read
By J. Mark Santiago | February 9, 2024
Having a compensation system that clearly outlines partner expectations, provides the partners with the ability to validate the results by communicating the results back to them does more to build collegiality than an opaque system that, by its design, promotes distrust and ill will among partners.
5 minute read
By Zack Needles | Alaina Lancaster | February 7, 2024
Last week, Legal Speak was live on location at Legalweek 2024 in New York City, where we interviewed professionals from across the legal industry about everything from the practical applications of generative AI to the benefits of sharing ideas and advice with both colleagues and competitors.
1 minute read
By Amanda O'Brien | February 5, 2024
Amy Mushahwar has also spent time at Holland & Knight, Reed Smith, Ballard Spahr and Davis Wright Tremaine.
4 minute read
By Joshua Stein | February 5, 2024
One of the most difficult aspects of working in-house as litigation counsel is demonstrating value to the company. Put another way, that means making it clear you are more than a cost center.
7 minute read
By Amanda O'Brien | January 26, 2024
Aliza Karetnick had been at Ballard since 2019, when she arrived from Duane Morris.
2 minute read
By Amanda O'Brien | January 24, 2024
Philadelphia-based Philip Yannella will co-lead Blank Rome's privacy, security, and data protection practice alongside partner Sharon Klein.
5 minute read
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.
5 minute read
By Amanda O'Brien | January 19, 2024
"We want to make it a workspace people love to come to," incoming Philadelphia office co-chair Matthew Comisky said of the office renovation, which is slated to take place over the next 12 to 18 months.
4 minute read
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GlobeSt. Women of Influence Conference celebrates the women who drive the commercial real estate industry forward.
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