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Daily Report Online

King & Spalding Leaves Texas Patent Case After Client Stops Paying

A magistrate judge allowed the firm to drop its representation of a company suing Samsung for patent infringement.
4 minute read

The American Lawyer

Simpson Thacher Names Largest Ever Partner Class

The firm is promoting 44 lawyers to partner, 12 more than in 2023.
3 minute read

The American Lawyer

Law Firms Are 'Pinching Themselves' Amid Double-Digit Profit Growth and Billing Rate Hikes

Billing rate growth continues to drive law firms' performance in 2024.
5 minute read

Texas Lawyer

O'Melveny, Bracewell Add Lawyers to Texas Energy Teams

O'Melveny & Myers hired McDermott Will & Emery energy transactions partner Jibin Luke as a partner in Houston, while Bracewell brought on Vinson & Elkins tax counsel Peter Rogers as a partner in Dallas.
4 minute read

Texas Lawyer

Collections Are Critical for Texas Law Firms Through Year's End

Demand and revenue growth in Texas lagged the industry through Q3, but the homegrown firms can make up ground by focusing on collecting accounts receivable, recent data shows.
3 minute read

The Legal Intelligencer

Survival Guide for Executives and Board Members: 4 Steps to Safeguard Against Individual Liability for Data Security Failures

With cyberattacks on the rise and class actions arising from cyberattacks being filed at an increased rate, executives and board members increasingly face the risk of being individually targeted in lawsuits brought by class action plaintiffs and governmental bodies alleging individual liability for data security failures.
9 minute read

Daily Business Review

Growing Referral Network, Alternative Fees Have This Ex-Big Law’s Atty’s Bankruptcy Practice Soaring

Miami-based restructuring boutique Pack Law only has three attorneys on staff, but has found itself amid some consequential cases, including handling the Red Lobster bankruptcy as well as litigation against JBS Brazil.
5 minute read

Corporate Counsel

Which Outside Law Firms Are Irreplaceable, and Which Should Have Gotten the Ax Years Ago?

"Our goal is to work with firms to reach common objectives, not to simply cut the bill," said Marni Friedlander, general counsel of the American Management Association.
4 minute read

Daily Business Review

The Future of Law: Harnessing AI Without Compromising Integrity

In this evolving landscape, success lies in finding the right balance: AI must enhance human expertise, not replace it. The key is to harness AI for what it does best—analyzing data and automating processes—while ensuring that the core values of legal practice remain intact.
5 minute read

New Jersey Law Journal

Largest Law Firms: New Jersey and Firmwide Attorney Count

This year's numbers marked a nearly 10% increase over last year's median office size, going from 43 to 47.
7 minute read

More from ALM

More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

Resources

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