By Maria Dinzeo | Dan Roe | April 8, 2024
"If they figure out how to incorporate this technology into their comp model, then they'll be the winners," said Stephanie Corey, co-founder of the legal ops consulting firm UpLevel Ops, on the rise of AI and how it will disrupt the way law firms do business.
National Law Journal | Analysis
By Abigail Adcox | April 5, 2024
Law firms may face business risks if a single client's bills make up more than 5% of a firm's total revenue, some consultants suggest, while others say the threshold would have to be much higher.
By Greg Andrews | April 5, 2024
"Armed with extensive financial analysis and a deep understanding of the industries they target, activists are increasingly likely to make the case that breaking up or selling off certain divisions or subsidiaries would create more value for shareholders," Vinson & Elkins told clients.
By Maria Dinzeo | April 3, 2024
"As more people leave, there's more work to do, causing more people to leave. It's a potentially vicious cycle that can, ultimately, spin out of control," said a report from Axiom and Wakefield Research.
By Greg Andrews | April 3, 2024
SEC disclosure rules forced Meta to throw the spotlight on what it paid Wilmer. The same rules led Blackstone to reveal what it paid Kirkland, and TDS to disclose what it paid Sidley.
By Chris O'Malley | April 2, 2024
Quickway Transportation asserts that letting an NLRB ruling stand "would eviscerate an employer's right to close its business for any reason."
By Chris O'Malley | April 1, 2024
The DOJ's and FTC's retreat from long-standing guidance on information-sharing appears to have been intended "to inject some uncertainty—to make people nervous about antitrust," Fenwick & West partner Steve Albertson said. "And it worked."
By Greg Andrews | March 29, 2024
"Brett Gerry is an impressive man, with a gold plated resume. He is going to need it. He has the toughest repair job in the entire legal industry right now," legal department consultant Jason Winmill said.
By Chris O'Malley | March 28, 2024
The Department of Labor fined Morristown, Tennessee-based Tuff Torq $296,951 and secured a court order requiring it to disgorge $1.5 million—a month of profits—after a January inspection found 10 illegally employed children as young as 14 subjected to "oppressive" conditions.
By Chris O'Malley | March 25, 2024
"Coming from an in-house perspective, the last thing you want is a letter on your desk from the government that is entitled 'Notice of Proposed Penalty Offense,'" said Sarah La Voi, a partner at Baker & Hostetler.
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