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March 28, 2024 | International Edition

Revenue Per Lawyer Hits New Peak at Reed Smith, as Profits Stagnate Amid Mounting Costs

"We saw financial growth from top 200 clients, including significant increases in international engagements, which indicates that our global platform is working for our international clients," said global managing partner Casey Ryan.
5 minute read
January 29, 2024 | International Edition

We Asked Every Am Law 100 Law Firm How They're Using Gen AI. Here's What We Learned

At least 41 of the U.S.'s highest grossing firms are putting the much-discussed technology to use, exploring opportunities for legal work and on the business side of operations.
10 minute read
June 08, 2023 | International Edition

Holland & Knight Managing Partner Steven Sonberg To Step Down After 16 Years At Helm

"It has been an honor and a privilege to lead Holland & Knight and I am extremely grateful for the extraordinary contributions our attorneys and staff have made to our shared success," Sonberg said in a press release.
5 minute read
February 08, 2023 | International Edition

'Be Careful What We Wish For': US Jury Rules for Hermès in Historic MetaBirkin NFT Trademark Trial

The jury began deliberating Monday afternoon and on Wednesday morning awarded $133,000 in net profits and statutory damages to Hermès, represented by Baker & Hostetler.
3 minute read
September 29, 2022 | International Edition

UK Proposal Extending Property Right to Digital Assets Could Have Sweeping Consequences

Though not surprising, experts suggest that the U.K.'s approach to regulate digital assets could influence ongoing debates around how to apply existing bodies of law to Web3 technologies.
4 minute read
July 28, 2020 | International Edition

Law Firms Remain Vulnerable to Wire Transfer Scams, as Liability and Breach Costs Grow

A lawsuit against Holland & Knight alleging the firm didn't do enough to prevent a wire transfer scam echoes a similar case involving Dentons.
5 minute read
November 13, 2019 | International Edition

US Firms in Merger Talks, Expected to Create $1B Firm

The combined firm would have nearly 1,200 lawyers and over 400 equity partners in 22 offices.
4 minute read
October 28, 2019 | International Edition

As Hackers Get Smarter, Can Law Firms Keep Up?

"It's not the hardware you worry about. It's the mistake that someone makes that inadvertently gives a bad actor access," said one law firm cybersecurity partner.
10 minute read
September 24, 2019 | International Edition

The Global 100 Are in the Midst of a Growth Spurt

The world's largest firms turned in a second straight year of robust revenue gains amid near-universal progress.
5 minute read
September 19, 2019 | International Edition

Will Law Firms Get Hooked By Deepfake Phone Phishing?

Law firms may not present ideal targets for phone-based phishing schemes, but the increasingly mobile nature of most lawyers could place a greater emphasis on training for dealing with suspicious calls.
3 minute read

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