National Law Journal | Analysis
By Abigail Adcox | March 27, 2024
CEO Nancy Greene said the firm is looking at expansion possibilities, including in Wilmington and New York.
The American Lawyer | Analysis
By Justin Henry | March 27, 2024
Even as third-party funders deployed less capital in the 12-month period ending June 30 owing to unfavorable macroeconomic conditions, the largest firms in the country saw their capital commitments rise, both in absolute and relative terms.
By Abigail Adcox | March 26, 2024
Hanson Bridgett, Stoel Rives and Procopio all had gross revenue or profit increases last year, while declines in their equity partnerships helped to boost PEP.
The American Lawyer | Analysis
By Justin Henry | March 26, 2024
While Latham has been gradually expanding its bonus pool, other firms have reallocated the value of share points to reach similar ends.
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.
New Jersey Law Journal | Analysis|News
By Amanda O'Brien | March 22, 2024
Core revenue increased from the previous year if contingency fees are removed from the equation, according to chairman and managing partner Gary Wingens. The firm is also poised to bring on a new chief operating officer, Goodwin Procter veteran Michael Caplan.
By Maria Dinzeo | March 22, 2024
"The thing with AI is it is such an evolving industry. There are no AI experts, and even those who call themselves experts aren't experts yet," said Anna Gorodetsky, a managing director on Major, Lindsey & Africa's in-house recruiting team.
By Cassandre Coyer | March 21, 2024
The SEC issued its first two official charges against companies' "AI washing" practices on March 18, which sources expect to be "only the beginning."
By Cassandre Coyer | Isha Marathe | March 20, 2024
Sources told Legaltech News that several law firms and legal tech providers dove into integrations with Microsoft's Azure OpenAI Service without noticing the fine print that authorizes Microsoft employees to manually review certain prompts.
By Rhys Dipshan | March 18, 2024
When it comes to privilege review and automating the drafting of privilege logs, AI is facing some steep challenges.
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