The American Lawyer | Analysis
By Paul Hodkinson | March 25, 2024
Class actions are set for significant growth across the globe and law firms that corner the market could reap big rewards, Paul Hodkinson writes.
New Jersey Law Journal | Analysis
By Justin Henry | March 25, 2024
Lee Cortes started his legal career with predecessor Kaye & Scholer before entering public service. The firm also added the leader of the environmental practice at Maine-based Preti, Flaherty, Beliveau & Pachios.
The American Lawyer | Analysis
By Dan Roe | March 25, 2024
While a few firms attributed declining realization to market factors, the majority are gladly exchanging lower realization for strong rate increases.
New Jersey Law Journal | Analysis|News
By Amanda O'Brien | March 22, 2024
Core revenue increased from the previous year if contingency fees are removed from the equation, according to chairman and managing partner Gary Wingens. The firm is also poised to bring on a new chief operating officer, Goodwin Procter veteran Michael Caplan.
The American Lawyer | Analysis
By Stephanie Wilkins | March 22, 2024
Sources said several law firms and legal tech providers dove into integrations with Microsoft's Azure OpenAI Service without noticing the fine print that authorizes Microsoft employees to manually review certain prompts.
The American Lawyer | Analysis
By Jessica Seah | March 21, 2024
Asia is no longer cheap and the region's markets are mature enough that firms scoping out opportunities must first do their homework, and do it carefully. If they don't, they may not last, Jessica Seah writes in the Asia Legal Briefing.
The American Lawyer | Analysis
By Dan Roe | March 21, 2024
"Human nature is responsible," said Florida State University College of Law professor Lawrence Kriege. "If you look at history, there has been a persistent problem that has plagued mankind forever, and it's called greed. It can be greed for money, greed for power, greed for prestige—but it's greed."
The American Lawyer | Analysis
By Patrick Smith | March 20, 2024
Interviews with leaders at tech law firms don't indicate a shift in strategy. And despite all the layoffs, their financial results and trajectories in the rankings show how they are keeping pace in the industry.
The American Lawyer | Analysis
By Paul Hodkinson | Lisa Shuchman | March 19, 2024
If only we could boost the legal industry's mental health as easily as U.S. law firms are boosting profits, the Global Lawyer writes.
The American Lawyer | Analysis
By Justin Henry | March 19, 2024
Firms like Kirkland & Ellis and DLA Piper have used forgivable loans to bat away offers from rivals and Shearman & Sterling has used them to incentivize partners at the firm to stick around for the merger with Allen & Overy.
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