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Daily Report Online

Buildup of Alternative Fee Deals Doesn't Pan Out, Midsize Firm Leaders Say

"Clients tend to revert to the safety and comfort of the billable hour," said Chris Parker, who runs the Atlanta office of 124-lawyer Miller & Martin.
4 minute read

International Edition

Simmons Recruits Two Partners For Paris Intellectual Property Team with Reed Smith Hires

Reed Smith European IP head Marina Couste joins Simmons with fellow IP partner Francois Jonqueres
2 minute read

International Edition

CMS Seeks China Tie-up on Back of Rapid Asia Expansion

Duncan Weston is leading the search for a CMS China member-firm as its Asia practice triples in size.
6 minute read

Daily Business Review

Northwest Florida Firm Merges With Alabama's Hand Arendall

The merged firm, which will be headquartered in Mobile, Alabama, will be called Hand Arendall Harrison Sale.
3 minute read

Law.com

The Law Firm Disrupted: A Hitch in a 'New Law' Business Model

Virtual law firms are increasingly popular, but they may also be vulnerable to group departures or spin-offs.
7 minute read

The American Lawyer

In 2018, Law Firms Will Face Greater Challenges Than Slow Growth

A new report by Citi Private Bank's Law Firm Group finds that a slow-growth market for legal services will not abate in 2018. That's just one of several issues facing managing partners as their partnerships continue to age and more competitors squeeze onto their turf.
5 minute read

The American Lawyer

At Morgan Lewis, McKee Nelson's Securitization Legacy Lives On

McKee Nelson ran laps around its competitors during the mortgage-backed securities boom. Morgan, Lewis & Bockius, which nearly three years ago absorbed the remnants of that firm, recently recruited another ex-McKee Nelson lawyer to join its now market-leading securitization practice.
86 minute read

The American Lawyer

New Study Predicts More Uncertainty, Hot Lateral Market in 2018

An industry outlook published Tuesday by Major, Lindsey & Africa reflects on the biggest trends in the U.S. legal industry within the past year and looks ahead at what's to come for law firms in 2018.
3 minute read

International Edition

Mayer Brown to Open Office in Tokyo

Ashurst exits continue as a long-serving corporate partner leaves for Mayer Brown.
2 minute read

The Legal Intelligencer

Why Is Law Firm Innovation Failing? How to Push for Success

Recent news and awards indicate law firms are increasing their investments in innovation. Stories of recently launched innovation committees, R&D teams and idea labs routinely grace the pages of industry publications. Yet despite these investments, the trajectory of the industry as a whole seems to have remained largely unchanged. Why are innovation efforts by larger law firms failing to make a meaningful impact?
5 minute read

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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