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Key Regulatory, Enforcement Practices Drove DC Law Firm Hiring in 2023
While law firms in D.C. may have been more cautious with hiring, sustained demand for regulatory and enforcement practices have also had a positive effect on firms' profits.On the Move: Tracking the Ins and Outs of California Lawyers
New hires, promotions and awards from across the California legal market.Merck Hit With Antitrust Suit Over Settlement for 2 Best-Selling Cholesterol Treatments
"Merck later admitted its lawsuit had no merit because it had failed to disclose prior art to the United States Patent and Trademark Office that would have resulted in the denial of patent protection for Zetia," the complaint said. "But simply by initiating the litigation, Merck triggered a 30-month stay, which precluded the Food & Drug Administration from granting final approval of Glenmark's ANDA."Moving to Diversify Practices, Cahill Adds M&A, Corporate Advisory Partners From Stroock
"Ultimately, as part of our strategy moving forward, the firm wants to diversify," said incoming co-chair Herb Washer. "Diversify the client base, the practices, areas of expertise."Legal Tech Rundown: Clearlaw and Tonkean Partnership, Linklaters' Upgraded Gen AI Chatbot, and More
An update on the legal tech market's past few weeks, from product launches to new partnerships.View more book results for the query "Crowell Moring"
The Power and Peril of Big Law Contingency Practices
In recent years, law firms have taken on an increasing number of contingency cases—but doing so can be a gamble. Fee delays, risk of loss, soaring out-of-pocket costs and potentially going years without revenue are just a few of the risks. It can also lead to unusual volatility in firm revenue. So why are so many firms turning to litigation funding to mitigate these risks? This article examines the benefits and risks of litigation funding and addresses successful models in cost and risk sharing. It also compares how funding can be used successfully as a tool at different types of law firms.'Wait-and-See Mode' for Associate Pay: Law Firms in DC Bide Time
Law firms founded in the D.C. region aren't expected to be "leading the charge" in raising associate pay and matching, but they will be heavily influenced by what their peers in New York do.