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April 08, 2024 | Corporate Counsel

The AI Revolution Is Here. Who Will Be the Winners and Losers in Legal Services?

"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.
10 minute read
March 25, 2024 | The American Lawyer

Realization Rates Keep Falling in the Am Law 200. But Does That Matter?

While a few firms attributed declining realization to market factors, the majority are gladly exchanging lower realization for strong rate increases.
3 minute read
March 22, 2024 | New Jersey Law Journal

Lowenstein Sandler Sees Double-Digit Drops After Contingency-Aided 2022

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. 
4 minute read
March 21, 2024 | National Law Journal

Big Law Takes Bigger Bet on Contingency Fee Practices

Kirkland, Crowell, Quinn and Susman Godfrey, among others, have all had financial gains from contingency fee cases. "We've seen a noticeable increase in interest in building out plaintiff side practices," said Evan Meyerson, at Burford Capital.
6 minute read
March 14, 2024 | Texas Lawyer

Patent Owners Slap 20 Lawsuits on Banks Across Texas Courts

Citigroup Inc., Capital One Financial Corp., JPMorgan Chase Bank N.A., Regions Bank, Truist Financial Corp., are among the 13 banks being sued by Innomemory LLC in the Western and Eastern Districts of Texas.
5 minute read
Law Journal Press | Digital Book Wrongful Use of Civil Proceedings and Related Torts in Pennsylvania, Second Edition Authors: George Bochetto, David P. Heim, John A. O’Connell, Robert S. Tintner View this Book

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March 05, 2024 | The American Lawyer

Fish & Richardson Saw Growth in Core Practices Despite Revenue, Profit Slump

A slow year for contingency collections contributed to the IP firm's 2.4% decline in gross revenue, firm president and CEO John Adkisson said.
4 minute read
January 30, 2024 | Texas Lawyer

$67.5M Verdict Against Samsung: See the Law Firms Behind the Result

G+ Communications LLC obtained the award on two of three patent-infringement claims after a jury trial in the U.S. Eastern District of Texas.
3 minute read
January 23, 2024 | Pro Mid Market

Litigation, IP Headlined Big Law Poaching by Midsize Firms in 2023

Rate flexibility and client conflicts drove Big Law attorneys to smaller firms in 2023, leading to gains for Munsch Hardt Kopf & Harr in Texas, Stoel Rives in Oregon and Potter Anderson & Corroon in Delaware.
6 minute read
January 22, 2024 | The American Lawyer

Should US Law Firms Offer 20% Less Pay for 20% Less Work?

Slaughter and May recently formalized a reduced-hours trial, but American firms have typically reserved such accommodations for people with extenuating circumstances.
9 minute read
January 12, 2024 | Litigation Daily

Litigator of the Week Runners-Up and Shout Outs

Runners-up this week include litigators from Quinn Emanuel, Sidley Austin, and Skadden.
5 minute read

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