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The American Lawyer

So Far in 2024, Law Firms Are Building on Bankruptcy

Clifford Chance joins Morrison Foerster, Seyfarth Shaw and Selendy Gay in making restructuring hires in recent days.
3 minute read

The Legal Intelligencer

'Seriously Inflated' Duane Morris Bill Highlights Risk When Big Law and Public Clients Lack Alignment

"With public sector clients, you're frequently dealing with people who aren't lawyers," said Mantra Partner founder and CEO Marci Taylor. "You're writing knowing that there's a high likelihood that your invoices will be made public."
7 minute read

New Jersey Law Journal

This Judge Is Leaving for ADR Practice: Here's Where He's Headed

The judge said ADR is "firmly entrenched in the culture in New Jersey, state and federally," because litigation is expensive and time-consuming and often ends in frustration for the parties.
4 minute read

The American Lawyer

In 'Ultra-Dynamic' AI Environment, More Law Firms Are Launching Devoted Teams

Husch, Winston and Norton Rose are a few of the firms that have officially launched AI groups during Q1 of 2024, with firm leaders pointing to increased client interest and a surge of AI-related cases hitting courts.
6 minute read

Corporate Counsel

'Perfection Is Highly Impractical': How Neiman Marcus' CLO Leads

"At the end of the day, no matter what the organizational goals are, no matter what my professional goals are, I have to live with myself. I have to look back on who I am as a person and be comfortable with that person," Neiman Marcus legal chief Tom Mattei said.
9 minute read

Daily Business Review

From May to Must: A Primer on the Potential Impacts of Senate Bill 908 on Construction Lien Waivers in Fla.

The changes proposed by SB 908 will make the statutory lien waiver form mandatory for construction projects in Florida. SB 908 amends subsections (4) and (5) of Section 713.20.
6 minute read

National Law Journal

Without Contingency Fees Windfall, Crowell's Gross Revenue Inched Up 0.9% to $595 million

PEP declined without a significant windfall from contingency receipts. But the firm's base business revenue was up 6.8%, Crowell Chair Phil Inglima said.
4 minute read

The Legal Intelligencer

Emerging Cyber and Data Security Regulations Warn: Assessments Matter!

The failure to comply with these assessment requirements could increase the spotlight on a company should it suffer a data breach. It is imperative that companies understand emerging laws and regulations to which they may be held accountable and proactively modify their practices to manage risk.
9 minute read

The Legal Intelligencer

Cozen O'Connor Sees Modest Growth in 2023, Owing to Diversified Revenue Stream

The firm's revenues climbed by 5.5% to hit $653 million. "We're not looking for a business that's up 20% in the good years and down 8% in the bad years," explained firm chairman Michael Heller.
6 minute read

The Legal Intelligencer

New SEC Cybersecurity Disclosure Requirements Focus on Materiality, Governance and Supply Chain Matters

In order for public companies to make disclosures mandated by the new rules, the SEC cybersecurity requirements must flow down in contracts to companies' suppliers and partners to ensure communication, transparency, and collaboration about cybersecurity risks in the supply chain.
9 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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