NEXT

International Edition

As Global Law Firm Mergers Keep Coming, Could There Ever Be a New Swiss Verein?

Herbert Smith Freehills and Kramer Levin eschewed the model for their upcoming tie up. So did A&O Shearman earlier this year. But several leaders whose firms embraced the structure say it has served them well.
8 minute read

The American Lawyer

Paul Weiss Promotes Into Both Partner Tiers Amid 'Existential War for Talent'

In a statement to ALM on Monday, firm chair Brad Karp said he believes the new two-tier partnership model is important because it allows the firm to “compete effectively in the existential war for talent."
5 minute read

Law.com

Sink or Swim: The Evolving State of Law Firm Administrative Support

The paradigm of legal administrative support within law firms has undergone a remarkable transformation over the last decade. But this begs the question: are the changes to administrative support successful, and do law firms feel they are sufficiently prepared to meet future business needs?
5 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

The American Lawyer

Skadden Lures Paul Weiss Marketing Pro Luke Ferrandino as Longtime CMO Retires

Sally Feldman, who is retiring from Skadden, is assisting with the CMO transition. She will be pursuing an opportunity in the public sector, the firm said.
3 minute read

Legaltech News

To Woo Law Firms, Legal Training Platforms Are Combining Hands-On and Online Learning

Firms such as Orrick and Husch Blackwell, among many others, have begun using platforms such as AltaClaro, which are taking a dual online and experiential approach to legal training.
5 minute read

The American Lawyer

Cleary Creates Nonequity Partner Tier, Calling for 'Innovation and Adaptation'

"We are not doing it to create a different leverage model within the firm," said managing partner Michael Gerstenzang. "We are doing it to create more opportunities in promotion and development."
5 minute read

The American Lawyer

Law Firm Library and Research Roles, Long Endangered, Are Making a Comeback

AI is one likely driver behind the "greatest shake-up" in law firm staffing over the last year.
5 minute read

The American Lawyer

'Higher Level' of Law Firm Merger Activity Expected in 2025, but Tie-Ups Remain Steady so Far

"I do think there are fewer options" for merger partners, noted consultant Lisa Smith, "although there's always new firms forming, and new firms spinning off."
5 minute read

The Legal Intelligencer

Cozen O'Connor Elects Heller to 5th Term as CEO

"It's been really exciting seeing our growth and expansion, and we're having a lot of fun along the way," said Michael Heller, who's been in the role since 2013.
4 minute read

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