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Behind Stroock's Dissolution: Partnership Discord and Pension Burdens
"They didn't do anything when 45 people left a year ago," said a Stroock lawyer about firm leadership.
Pillsbury Ends Merger Talks With Stroock
The firm said it couldn't reach an agreement "that adequately balanced Pillsbury's long-term strategic objectives with the more immediate financial and other risks involved."
Legal Enters Full Education Mode as Generative AI Strengthens Its Hold on the Industry
The vast majority of lawyers left education behind once they had their law school diplomas and bar exam passing scores in hand. The generative AI boom has turned that all on its head.
Stroock Cut Pay and Hours of Senior Staff as Merger Talks Dragged On
The cuts in pay and hours for senior staff raise questions about Stroock's financial footing during its merger talks.
Here Are The DC Firms That Are Mansfield Certified
While two-thirds of the Am Law 200 are Mansfield certified, there are several law firms that still aren't, including in D.C.
Law Journal Press | Digital Book
District of Columbia Legal Malpractice Law 2024
Authors: Shari L. Klevens, Alanna G. Clair
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Behind the Prices: Is Generative AI Legal Tech Cheaper to Buy or Build?
The costs to run or buy generative AI-powered tools can be considerable, but there are no easy ways of getting around them.
$2 Billion Blunder: Nationstar Sues Over Error Affecting 500,000 Mortgages
The incident occurred, Nationstar alleges, because "ACI misused Nationstar's nonpublic personal customer information to conduct quality assurance testing ... in a live production environment, instead of a walled-off testing environment."
Orrick Hires Chief Digital Officer to Lead Data Transformation
"If we're tapping into data, we can figure out the areas where there are the greatest risks of having a problem and answer those questions better for our clients," said chair Mitch Zuklie.
Orrick Hires Chief Digital Officer to Lead Data Transformation
"If we're tapping into data, we can figure out the areas where there are the greatest risks of having a problem and answer those questions better for our clients," said chair Mitch Zuklie.
Deal Watch: Simpson, Skadden, Cravath Guide $28 Billion Cisco Deal
The rest of the week was rather quiet on the deal front, but "Old Tech" is making something of a comeback.