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McDermott Sees 13% PEP Rise as Revenue Continues Steady Growth
The firm's revenue growth last year was slower than in recent years, but McDermott Chair Ira Coleman said the firm's concept of "institutional health" was the larger focus.
Reed Smith Adds Fourth McDermott Private Equity Lawyer in Last Nine Months
The McDermott partner was previously the global head of private equity at Hogan Lovells.
Reed Smith Adds Fourth McDermott Private Equity Lawyer in Last Nine Months
The McDermott partner was previously the global head of private equity at Hogan Lovells.
To Implement Gen AI, Lawyers and Large Language Models Go Back to School
Law firms are training attorneys on prompt engineering and feeding data into LLMs to get both parties acquainted with each other.
New ACC CLO Survey Offers Important Board Guidance
Major board take-aways from this year's Survey include (i) indications of a decline in the CLO's leadership - level role and influence, and (ii) increasing pressures on legal departments "to do more with less." Both are particularly relevant to the board's oversight responsibility – and of concern to the CLO.
Can Big Law Extract the Maximum Value of AI?
Legal departments of major corporations along with the industry's most elite firms are actively using generative AI, and the idea that any organization would wait on identifying and testing use cases is seen as a significant competitive risk.
Monsanto Claims Dozens of Bad Rulings Led to $2.25B Roundup Verdict
More than half of Monsanto's 175-page motion revolved around claims that Schulman made dozens of erroneous rulings, many of which related to what evidence was and was not permitted at trial.
McDermott Lands Sports and Entertainment Partner From Venable for Transactions Group
Alexei Cowett had been at Venable since 2015 and has advised on more than $60 billion in closed transactions across various media, McDermott said.
Bridging the Divide in Hybrid Work Models: Balancing Physical Presence and Flexibility
This balance is vital to maintaining a productive, satisfied and cohesive legal workforce in the modern era.TRENDING STORIES
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