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March 18, 2024 | The American Lawyer

Mayer Brown Sees Revenue and PEP Climb Amid Higher Demand, Drop in Equity Tier

The firm's 8.2% drop in equity partners helped push the firm's PEP up by about 4.4% to about $2.44 million. Revenue per lawyer ticked up 1% to nearly $1.01 million.
5 minute read
March 15, 2024 | Corporate Counsel

Discover CLO Scored $3M Change-in-Control Payment in 2023—And May Get an Even Bigger One This Year

Hope Mehlman, who helped engineer the $16 billion sale of her last employer, Bank of the West, before joining Discover, now is helping Discover try to sell itself for $35 billion.
3 minute read
March 14, 2024 | Legaltech News

Latin American Law Firms Slowly Warm to Artificial Intelligence

Pilot programs are starting to roll out in the region, where lawyers are looking to early adopters in the U.S. and Europe for guidance.
3 minute read
March 14, 2024 | New Jersey Law Journal

On the Move and After Hours: Fox Rothschild; Ogletree Deakins; Norris McLaughlin; Brach Eichler; Seiden

Brach Eichler promotes 10 attorneys; Ogletree Deakins welcomes a shareholder; and more moves.
8 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
March 14, 2024 | Law.com

A&O Shearman's New Leaders Show Combined Firm is 'Neither UK Nor US Centric'

Current and former partners give their views on the surprising election results that mean neither of the combined firm's two leaders will be based in either of its two biggest regions.
5 minute read
March 08, 2024 | Texas Lawyer

Revenue Was Flat at Locke Lord in 2023, But Profits Per Partner Inched Up in 'Solid' Year

The Dallas-founded firm's lawyer head count grew slightly, a turnaround from years of declining lawyer numbers.
5 minute read
March 07, 2024 | Law.com

Coins Worth $3.6M Allegedly Missing From Bank of America Safe Deposit Box, Lawsuit Claims

This suit was surfaced by Law.com Radar, ALM's source for immediate alerting on just filed cases in state and federal courts. Law.com Radar now offers state court coverage nationwide. Sign up today and be first to know about new suits in your region, practice area or client sector.
4 minute read
March 06, 2024 | The American Lawyer

Why 'Growth for Growth's Sake' May Actually Help Law Firms

"The movement over the past month has [confirmed that] we're going to continue seeing some of the largest, highest-profit firms have this tremendous recruiting advantage," noted law firm consultant Kristin Stark.
6 minute read
March 06, 2024 | Corporate Counsel

Global Patent Trends Report: Asia Leading the World in Patent Publication

MaxVal recently released its annual report on global patent publication trends which revealed several interesting currents. The resulting data, which spans the past five years, helps unravel the complex tapestry of innovation, technological shifts and the driving forces shaping the intellectual property landscape.
9 minute read

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