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April 08, 2024 | The American Lawyer

The AI Revolution Is Here. Who Will Be the Winners and Losers in Legal Services?

"If they figure out how to incorporate this technology into their comp model, then they'll be the winners," said Stephanie Corey, co-founder of the legal ops consulting firm UpLevel Ops, on the rise of AI and how it will disrupt the way law firms do business.
10 minute read
April 02, 2024 | The American Lawyer

'Right Place, Right Time': McDermott Picks Up Tax Litigation Leader From Baker McKenzie

Susan Ryba, who was a chair of Baker McKenzie's tax practice group in Chicago, has moved to McDermott Will & Emery.
3 minute read
March 27, 2024 | The American Lawyer

From Shein to TikTok, Lawyers Say US-China Agenda is Testing Market Resilience

Increasing regulatory scrutiny can mean more billable hours for a small group of legal advisers but for most, the "uninvestable" U.S.-China status is worrisome. 
6 minute read
March 26, 2024 | The American Lawyer

Deal Watch: Wachtell, Skadden, Cleary Land on Big Healthcare Deals; Dealmakers Stay Optimistic

"People are more open to looking at M&A transactions," said Linklaters' George Casey. With inflation getting under control and the Fed expecting lower rates, "you can start thinking how you can finance."
9 minute read
March 25, 2024 | The American Lawyer

The Global Lawyer: How to Grow Fast Like Kirkland

Class actions are set for significant growth across the globe and law firms that corner the market could reap big rewards, Paul Hodkinson writes.
6 minute read
March 20, 2024 | The American Lawyer

Simpson Thacher Swoops For Weil Gotshal Partner Duo in the UK

The infrastructure moves are the latest additions to Simpson Thacher's London base and the latest departures from Weil Gotshal's.
3 minute read
March 19, 2024 | The American Lawyer

Baker McKenzie Sues IRS for Details on Plans to Crackdown on Partnerships

"Because I represent taxpayers examined by the IRS, I have a compelling need to understand how the IRS plans to impose on my clients so that I can effectively advise them and protect their rights," Baker McKenzie partner George Clarke said in a previous Freedom of Information Act request.
3 minute read
March 13, 2024 | The American Lawyer

Husch Sees 10% Revenue Growth as Nonequity Tier and Head Count Expands by Double Digits

As the firm invested in laterals, the nonequity tier shot up by 11.4%. Meanwhile, average PEP fell by 3.9% to $833,000.
5 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 | The American Lawyer

McDermott Takes Ashurst Duo in Germany, Milbank Hires From Kirkland

Ashurst has also lost another partner, to Baker McKenzie, in Germany.
3 minute read

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