Dan Packel surveys the new competitive pressures on law firms and how their managers are coping, plus insights on the tactics and tech employed by would-be disruptors.
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By Dan Packel | April 27, 2023
The perception that Big Law is not ideally situated for servicing start-ups continues to fuel new aspirants into this space. One of the latest is Rains Law, launched by former Davis Polk and Simpson Thacher associates with tech world experience.
By Dan Packel | April 13, 2023
"Project Everest," which aimed to split the Big Four firm's audit and consulting work into two units, might have made it easier to sell legal services. But the proposal is now off the table.
By Dan Packel | March 23, 2023
CEO Joe Conroy saw dark clouds on the horizon for the firm's dealmaking practices, but he didn't realize they would blow in so fast.
By Dan Packel | March 16, 2023
There have been rumblings for years that the country, now home to the fifth biggest economy in the world, would liberalize its legal marketplace, and it finally happened.
By Dan Packel | March 9, 2023
A combination with Hogan Lovells would have helped Shearman & Sterling return to where it stood among the largest firms in the world over two decades ago. But was that the only reason it made sense?
By Dan Packel | February 23, 2023
One economic forecaster predicts continued pain for the tech and finance industries, amid early signs that certain law firms serving these clients are feeling the pinch.
By Dan Packel | February 17, 2023
Allen & Overy is claiming that its embrace of an Open AI-backed platform will be a "game changer," but claims in press releases don't necessarily translate into reality.
By Dan Packel | February 9, 2023
Individual attorneys are no doubt experimenting with the tools that are available, but they don't necessarily fit into firms' economic models.
By Dan Packel | February 2, 2023
Will decision-makers embrace flexible lawyering the next time the demand cycle heats up to avoid a repeat of the current overcapacity crisis?
By Dan Packel | January 26, 2023
Maybe the outlook for the broader economy isn't as grim as people think, but the law firm world is still on edge.
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In Memoriam: Richard "Dick" K. DeScherer (1944-2024) We mourn the loss of our friend and former partner and Co-Chairman, Richard "Dick" K. DeScherer. Dick was a member of Willkie Farr & Gallagher LLP for more than 24 years. He was the consummate business lawyer, wonderful colleague and true friend. He joined the Bloomberg organization in 2012, a client for whom he had served as their principal legal advisor since their inception, and later was appointed as a member of their board. Dick's knowledge and experience were unparalleled, as evidenced by appointment to leadership and board positions at numerous well-respected organizations. He was deeply involved in civic and community engagements through his work with the S.L.E. (Lupus) Foundation, Lupus Research Institute, United Hospital Fund of New York, Lincoln Center for the Performing Arts, National Dance institute, and Baryshnikov Dance Foundation, among others. He received an LL.M. in Taxation from New York University in 1970, a J.D. from Georgetown University Law Center in 1969, and a B.A. from the University of Virginia in 1966. He was a member of the American Bar Association, the New York State Bar Association and the Association of the Bar of the City of New York. We offer our sincerest condolences to his family, including his wife Jennie, son Christopher and wife Amanda, daughter Kate, and grandchildren Emmett, Serena, George, Emily and Madeline. We will remember Dick with the utmost respect, admiration and affection. His loss will be felt by his many friends and colleagues at Willkie, and by all those whose lives he touched.
Congratulations to FLB Law's Newest Partner Matthias J. Sportini
Welcome Judge Joseph Quinn (Ret.) The Honorable Joseph P. Quinn, J.S.C., retired New Jersey Superior Court Judge, served for 23 years in the court s Civil, Chancery, and Family Divisions, where he was a strong proponent of mediation and alternate dispute resolution. As the head of Ansell.Law s mediation practice, Judge Quinn provides a valuable resource to parties seeking a final and efficient resolution of their disputes. ANSELL GRIMM & AARON, PC 732-922-1000 https://ansell.law/