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International Edition

The Price of Time: Should Law Firms Sell Minutes or Value?

As the legal industry grapples with the rise of AI, the once-immutable billable hour faces unprecedented scrutiny.
4 minute read

Law.com

Conflict or Earned? Judge in Trump Cases Floated as Potential AG Pick

On one hand, some say Trump recognized the judge's skillset when he appointed her to bench long before she ever presided over any cases involving him. But on the other, some court watchers say awarding her the top job would seem like a reward for her adjudication in Trump's favor.
5 minute read

National Law Journal

Average Partner Pay in D.C. Is Climbing—but Not as Fast as Billing Rates

The average pay for Am Law 200 partners, including equity and nonequity partners, in D.C. has eclipsed $1.5 million.
3 minute read

Law.com

How I Made Office Managing Partner: 'Take Advantage of the Learning and Networking Opportunities,' Says James Kitces of Robins Kaplan

"Lastly, take advantage of the tremendous learning and networking opportunities that the many bar associations and organizations offer. As a lawyer, you are constantly learning and evolving. There are many opportunities to interact and share ideas with other lawyers, judges, and professionals."
7 minute read

The Legal Intelligencer

People in the News—Oct. 25, 2024—Eastburn and Gray, Gawthrop Greenwood

Michael E. Peters, a shareholder at Eastburn and Gray, delivered remarks to the Pennsylvania State Tax Collectors' Association's (PSTCA) annual conference on Oct. 12.
3 minute read

International Edition

Clifford Chance Further Modifies Lockstep to Better Reward Top Performers

The top of equity at the firm can now reach £12 million, according to one person familiar with the matter, amid a frantic London hiring market.
2 minute read

International Edition

White & Case Brought in as Mike Ashley Demands Boohoo CEO Role

The fast-fashion retailer is undergoing a strategic review, having earlier this week secured a £222 million debt financing agreement to help shore up its finances.
2 minute read

The American Lawyer

The Practices With the Highest Jumps in Partner Pay

"It's definitely a good time to be a law firm partner," said Major, Lindsey & Africa's Louis Ramos, referring to a survey showing partners are relatively happy with their pay.
4 minute read

Law.com

The Law Firm Disrupted: Quality Partner Training—The Exception or the Rule?

At firms with more than 500 attorneys, 49% of leaders indicated in a new survey they were rolling out new training initiatives to help upskill partners. For firms under that threshold, only 23% indicated that this was a priority.
4 minute read

National Law Journal

Big Law Leaders and Partners Accelerate Election Fundraising

Cravath's presiding partner and Sullivan & Cromwell's senior chair, among others, each gave $250,000 to the Harris Victory Fund.
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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