The intermingling of technology and the law is far from a new trend, but the cover story for our April issue focuses on something that is new. Law firms are no longer just adopting pre-packaged software from a third-party provider to streamline their internal processes. They are actively investing in and advising legal technology companies—if not creating their own systems—to improve the technology that is out there and recapture some of the rote legal services that clients no longer want to pay a law firm to handle. In essence, law firms are embracing technology before it overtakes them.
Our April issue features that story—by Rhys Dipshan and Roy Strom—and much more, including our annual Dealmakers of the Year, a forecast for the M&A market in 2018, a look at the path forward for bankruptcy practices as the recession fades into the rearview, and a story on the evolution of Boston’s legal industry. If you missed any of it as we rolled out our latest edition in recent weeks, read on to catch up on it all.
By Rhys Dipshan and Roy Strom
The definition of a law firm is shifting as firms invest in technology to stave off competitors and give clients what they want.
By Ben Seal, Brenda Sapino Jeffreys, Scott Flaherty and Miriam Rozen
From creative lawyering to novel issues of law, these are the deals that mattered most in 2017 and the attorneys who made them happen.
By Leigh Jones and Vanessa Blum
Listen in as The American Lawyer Editor in Chief Gina Passarella talks with Mitchell Rabinowitz, a partner at Crowell & Moring. Rabinowitz orchestrated a deal spotlighted in the magazine that involved 42 banks in 15 countries, representing his client R3, a company that runs a consortium of banks.
By Miriam Rozen
The market is primed for another year of booming M&A action, but the art of the deal could be complicated by President Trump’s temperamental tendencies.
By Scott Flaherty
Recession-related bankruptcies are coming to a close, forcing law firm restructuring groups to find new ways to stay active.
By Meghan Tribe
As Boston undergoes a renaissance, law firms are being drawn to its shores, ready to capitalize on a booming market.
By the Young Lawyer Editorial Board
The expectations placed upon young lawyers have evolved over time. To keep pace, legal education must do the same. And there is a role for law firms to play, too.
By Miriam Rozen
Whether they represent gun companies or plaintiffs suing those companies, law firms are increasingly finding themselves caught in the crosshairs.
By Kathryn B. Whitaker
Law firms should double down on their existing clients by focusing on client satisfaction and retention rates rather than billable hours and origination credits.
By Vivia Chen
From the Fortune 500 to patriarchal China, progress is evident for women of Asian descent. What makes in-house work more inviting?