The American Lawyer | Analysis
By Dan Roe | November 20, 2023
The partners of Boies Schiller Flexner will vote on the next firm chair in December, marking the culmination of a long, rocky and highly public succession plan.
The American Lawyer | Analysis
By Justin Henry | November 16, 2023
"For purposes of accuracy and analysis, it would make things much more clear to the market if there were three tiers: income partner, hybrid and full equity," says one recruiter.
The American Lawyer | Analysis
By Andrew Maloney | November 15, 2023
"It's a bit telling of how the overall market is kind of feeling at the moment. There's going to be a lot of variability in how firms perform this year," noted New York legal recruiter Scott Yaccarino.
By Isha Marathe | November 15, 2023
While law firms may see client resistance as a hurdle to their technology evolution, a collaborative approach is likely the key to true innovation.
The American Lawyer | Analysis
By Andrew Maloney | November 14, 2023
"This could be a decent year if firms are able to speed up collections from now through year-end. So, that's the big 'if'," noted Citi's Gretta Rusanow.
The American Lawyer | Analysis
By Jessie Yount | November 13, 2023
AI isn't the first technology to disrupt the legal industry, but it's driving a faster pace of change and altering the law firm-legal department relationship, legal analysts report.
By Hugo Guzman | November 13, 2023
"Billable hours is all they know," consultant Ken Callander said of many in-house attorneys. "To move toward something other than that, it's really foreign to them."
The American Lawyer | Analysis
By Christine Charnosky | Dan Roe | November 13, 2023
While not commenting publicly, some T14 or New York-based law schools have been in discussions with law firms about preventing further incidents of antisemitism on campus, sources say.
The American Lawyer | Analysis
By Justin Henry | November 13, 2023
Some leaders in the lower half of the rankings no longer see elite firms' pay raises as a competitive pressure because the market has become so stratified.
The American Lawyer | Analysis
By Andrew Maloney | Chris O'Malley | November 10, 2023
Some GCs are voicing concerns about further rate hikes after associate pay raises. But Milbank's chair said the salary raises wouldn't have a material effect on its billing rate decisions in the future.
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