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International Edition

Why Law Firms Must Be More Entrepreneurial

Harbour's Maurice MacSweeney says firms that prioritise innovation in pricing, new tech, and external finance, will end 2024 in good health.
5 minute read

Law.com

Inside Track: Why Whirlpool's Decision to 'Re-Scope' CLO Post Doesn't Wash

Chief Legal Officer Ava Harter is leaving Whirlpool, and receiving $2.9 million in severance, in the wake of the company's decision to make her job a non-executive position.
5 minute read

Corporate Counsel

Legal Departments Want to Shake 'Cost Center' Label But Unwittingly Reinforce the Perception

One challenge for legal departments is that it is hard to demonstrate the value of something not happening—a threatened lawsuit not being filed or a regulatory fine not being assessed.
3 minute read

Corporate Counsel

'You're Going to Get a Lot of Pushback': A GC's First 100 Days Pave Way for Success—or Failure

"If it seems like you're raising the red flag on every level of risk at every issue, you're not going to be able to build that relationship," said Ashlin Quirk, general counsel of Axiom.
7 minute read

The American Lawyer

Blank Rome Adds 4 From Akerman in Second 2024 White Collar Group Hire

Partners Bradley Henry and Kathleen Shannon lead the team, which is divided between New York and Washington.
4 minute read

The Legal Intelligencer

Two Worlds Collide: When Artificial Intelligence Meets the Practice of Law

As with all new technologies, AI brings with it a plethora of potential benefits in the form of improving efficiency and reducing costs. Law firms and lawyers are increasingly engaging with AI programs and tools in conjunction with document reviews, legal research, contract drafting and the preparation of legal briefs.
8 minute read

National Law Journal

Steptoe's Revenue Grew 13% Amid Lateral Expansion and Rising Litigation Demand

Even as the equity tier expanded and the firm's profits per equity partner rose about 16% to $1.91 million. And amid lateral growth, Steptoe's total full-time equivalent head count rose about 4% to around 396 lawyers last year and revenue per lawyer climbed more than 8% to $1.2 million.
4 minute read

Law.com

White Box vs. Black Box Compensation Systems

Having a compensation system that clearly outlines partner expectations, provides the partners with the ability to validate the results by communicating the results back to them does more to build collegiality than an opaque system that, by its design, promotes distrust and ill will among partners.
5 minute read

Law.com

Legal Speak at Legalweek 2024: Cimplifi GC Marla Crawford and Everlaw VP of Marketing Joshua Schnoll

Last week, Legal Speak was live on location at Legalweek 2024 in New York City, where we interviewed professionals from across the legal industry about everything from the practical applications of generative AI to the benefits of sharing ideas and advice with both colleagues and competitors.
1 minute read

National Law Journal

Lowenstein Hires New Data Privacy Chair From Alston & Bird

Amy Mushahwar has also spent time at Holland & Knight, Reed Smith, Ballard Spahr and Davis Wright Tremaine.
4 minute read

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More from ALM

More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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