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The American Lawyer

Can AI Help Law Firms Solve the Boom-Bust Hiring Cycle?

"Most law firms typically haven't used a lot of data in these decisions," one lawyer said. "But increasingly, I think they'll make investments to enable the use of data regarding how associates work and are deployed to solve for one variable in the demand equation."
5 minute read

Daily Business Review

Carlton Fields CEO Gary Sasso Strives to Keep His Firm in the 'Sweet Spot'

Five hundred attorneys is large enough to handle the most sophisticated matters, but not so big that scale impairs relationships, he contends.
7 minute read

The Legal Intelligencer

'Lawyer Mindset' at Odds With Succession Planning Best Practices

"It's really hard to get law firms to embrace long-term planning because there's a high sense of urgency for the immediate," said Angela Sebastian, the former CEO of Chicago's Levenfeld Pearlstein.
5 minute read

Legaltech News

Law Firms' Return to Office May Be Pushing Some Legal Tech Vendors to Follow Suit

Law firms are increasingly asking to meet their legal tech vendors in-person, precipitating a push to in-person work within legal technology companies—but only to an extent.
4 minute read

The Legal Intelligencer

Generative AI Slated to Shake Up Competition in Big, Midsize Law Market

Dilworth Paxson chair Lawrence McMichael speculated the technology would level the playing field between midsize and large firms. "Ultimately, you're reducing the number of people that are involved in making the product," he says.
6 minute read

The American Lawyer

As Law Firm Mergers Get More Complex, Fewer Are Crossing Borders

There are fewer cross-border unions materializing lately, despite "an awful lot" of interest among U.K. firms in the U.S. market.
4 minute read

The Legal Intelligencer

Troutman Pepper Elects New Leadership, Chair Steve Lewis to Step Down

Lewis will be replaced as chair by current managing partner Tom Cole. Washington, D.C., partner Amie Colby will become the firm's next managing partner.
2 minute read

The American Lawyer

Where Are the Eligible Acquisition Targets? Acquiring Smaller Firms

Am Law 100 firms may wish to grow by finding midsize merger partners. But those targets would rather grow on their own terms.
6 minute read

Daily Business Review

South Florida's Popularity Propels Law Firm Headcount Growth in 2022

Overall, just 29 of the firms saw declines in headcount last year. That number was 44 in 2021.
4 minute read

Daily Business Review

Akerman Poaches Corporate Team From Harter Secrest

The firm is building up its New York office with corporate lawyers after it recently suffered a loss of nine corporate litigators to Blank Rome.
3 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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