If you think midsize law firms, regional firms, and boutiques are fighting over the scraps of corporate America’s most valuable matters, you’re the opposite of right. That’s according to a new report from Wolters Kluwer’s LegalView Insights. After analyzing $150 billion in law firm invoices from the company’s e-billing tools, […]
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By KELVIN CHAN and RAF CASERT BRUSSELS (AP) — The European Union reached a landmark deal early Saturday to take aim at hate speech, disinformation and other harmful online content. The law will force big tech companies to police themselves harder, make it easier for users to flag problems and […]
Welcome back to the Big Law Business column on the changing legal marketplace written by me, Roy Strom. Today, we look at how many new equity partners were minted during Big Law’s best year in a generation. Sign up to receive this column in your inbox on Thursday mornings. In […]
The Major League Baseball Players Association paid $3.5 million in legal fees last year, with Winston & Strawn taking the largest share, as the union sought to resolve a labor dispute threatening the 2022 baseball season. Winston & Strawn, a longtime legal adviser to baseball players and their brethren in […]
As high-density housing and apartment living becomes increasingly relevant in New Zealand, and many commercial buildings and developments are unit titled, there has been a growing need for good governance of unit titled buildings and regulation of body corporate managers. The Unit Titles (Strengthening Body Corporate Governance and Other Matters) […]
Demonstrators hold up signs during a protest outside the U.S. Supreme Court, after the leak of a draft majority opinion written by Justice Samuel Alito preparing for a majority of the court to overturn the landmark Roe v. Wade abortion rights decision later this year, in Washington, U.S. May 3, […]
The first emails arrived on Friday as Hungarian mergers and acquisitions lawyer Oliver Koppany settled into a village outside Budapest for a firm retreat. Barely 24 hours into the Russian invasion of Ukraine, KNP Law clients in Kyiv and Lviv reached out to their attorneys for a different kind of counsel: Can you book me a plane […]
Profits growth of more than 5% would be a great year for any big law firm. But a look at the early reports of Am Law 200 financials shows many law firms with eye-popping profit per partner hikes of more than 20%, including at Sidley Austin, Dechert, McDermott Will & […]
A new legal group linked to Democratic Party insiders that is aimed at disbarring the lawyers who pushed Donald Trump’s election fraud lies in the courts has launched, Axios first reported Monday, a project that’s targeting the lesser-known lawyers that did Trump’s bidding and punching back at recent Republican efforts […]
In what appears to be an unprecedented move for an Am Law 100 firm, Reed Smith is forming an outside advisory board composed of three business executives to guide the international firm on strategy. The group, called the Independent Strategic Advisory Board, is composed of former EY global vice chair […]
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Paul, Weiss, Rifkind, Wharton & Garrison offices in Washington. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register Cleary Gottlieb, Debevoise, Paul Weiss, others, say they will pay associates on Davis Polk’s new scale Mid-level, senior associates are highly valued by large firms Large U.S. law firms are […]
Big Law firms in the last few years have launched a flurry of new offices in smaller cities, from Nashville, Tennessee, to Austin, Texas, and Salt Lake City—areas where billing rates are far below those in New York, Washington, D.C., and Los Angeles. But analysts say the value proposition for law […]
As Big Law showers associates with cash, corporate legal departments are going to have to get more creative about luring in-house legal talent from the most prestigious law firms—or wave the white flag and start looking elsewhere for recruits. This development was coming long before the latest salvo in the […]
More than two years into the pandemic, and with the vast majority of lawyers and staff vaccinated, law firms appear to have learned to deal with COVID-19 surges with less disruption. The omicron variant has forced dozens of law firms to either halt their plans for hybrid work or (again) […]
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2021 saw Holland & Knight merging with Thompson & Knight, two U.S. Dentons deals Arent Fox, Schiff Hardin to merge next year (Reuters) – Large law firm merger activity increased this year after the pandemic led to a precipitous drop in 2020, and industry consultants said they are expecting a […]
Some of Pennsylvania’s largest firms granted partner status to their largest cohorts of lawyers in recent history this year in another bid to retain talent by offering a clear path to partnership. Morgan Lewis & Bockius, Dechert and Faegre Drinker Biddle & Reath, among others, promoted significantly more lawyers to […]
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Trust is central as firms adopt range of hybrid in-person models Leaders and consultants emphasize flexibility, not tracking The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and develop in beta. […]
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The Netflix sign-on is shown on an iPad in Encinitas, California, April 19,2013. REUTERS/Mike Blake Register now for FREE unlimited access to Reuters.com Register Summary Companies Law firms “Partner Track” could explore some of the pressing issues large firms face, attorneys say The main character is an Asian-American woman trying […]
Consultants are portending a flurry of law firm mergers in 2022, especially among larger firms, as the tight lateral market shows no signs of abating and the elite pull further away from the rest of the pack. Many firms are currently in merger talks, consultants told Law.com. The interest is driven […]
Unimagined supply chain challenges, scarce human resources and worrisome fallout from the inflation squeeze have corporate chief financial officers feeling vulnerable. When people feel vulnerable they look for comfort and support. Thankfully, for global CFOs, they can get the love they seek through sophisticated advisory services provided by the Big […]