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National Law Journal

Covington, Steptoe Form New Groups Amid Demand in Regulatory, Enforcement Space

"We're handling more trade controls investigations than we ever have before," said Eric Sandberg-Zakian, chair of Covington's trade controls enforcement practice group.
4 minute read

International Edition

Macfarlanes Remains Number 1 UK Firm By Profit Margin, Rankings Show

The U.K.-only firm came in slightly ahead of Freshfields, while firms including Hill Dickinson and Simmons & Simmons ranked highly.
2 minute read

Law.com

The Week in Data Sept. 25: A Look at Legal Industry Trends by the Numbers

Catch up on this week's data and insights from across the Law.com Newsroom, including the most profitable international firms and the 2024 Women, Influence & Power in Law Awards honorees.
1 minute read

The American Lawyer

Senior Partners Approach $3,000 an Hour, As More Billing Rate Hikes Expected in 2025

About 16 Am Law 50 firms have third-year associates with rates over $1,000, but Valeo Partners project around half of the Am Law 50 to have rates of over $1,000 for this group of lawyers by 2025.
5 minute read

International Edition

Gibson Dunn Cuts Half of Singapore Partnership, Four Partners Set to Leave

The move, which leaves the firm with three partners who are solely based in Singapore, comes in contrast to the steady influx into the city-state in recent years.
4 minute read

The American Lawyer

'More Deals and Larger Deals': Big Law Dealmakers Weigh In on Rate Cut Impact

Partners at Paul Hastings, Kirkland, Latham, Goodwin, and Simpson, among others, discussed the recent interest rate cut, with several saying it may take time to affect deals.
7 minute read

The American Lawyer

The Real Value of a Corporate Associate's Billing

Four law firm leaders were asked to select between associates based on law firm segment, practice area, office location, rates, hours billed and fees collected.
4 minute read

Legaltech News

Will AI Disrupt the Billable Hour?

Despite decades of sophisticated technological advancements, hourly billing has proven remarkably resilient. However, with the rise of generative artificial intelligence (AI), that may finally change.
5 minute read

The American Lawyer

Report: Firms Should Focus on Collections to Prepare for Uncertain 2025

"If firms are prepared for a softening demand economy, and are surprised that demand is strong, they're going to be in better shape than if they plan for future demand and find that it's weak," said Thomson Reuters analyst Bill Josten.
6 minute read

International Edition

The Disruptors: How Paul Weiss and Freshfields are Transforming the Global Elite Race

They have starkly different backgrounds. But both firms have succeeded in ways that other firms have not when breaking into significant foreign markets. Leaders at both firms explain how.
11 minute read

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