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November 28, 2023 | New York Law Journal

The Power and Peril of Big Law Contingency Practices

In recent years, law firms have taken on an increasing number of contingency cases—but doing so can be a gamble. Fee delays, risk of loss, soaring out-of-pocket costs and potentially going years without revenue are just a few of the risks. It can also lead to unusual volatility in firm revenue. So why are so many firms turning to litigation funding to mitigate these risks? This article examines the benefits and risks of litigation funding and addresses successful models in cost and risk sharing. It also compares how funding can be used successfully as a tool at different types of law firms.
8 minute read
November 20, 2023 | National Law Journal

'Wait-and-See Mode' for Associate Pay: Law Firms in DC Bide Time

Law firms founded in the D.C. region aren't expected to be "leading the charge" in raising associate pay and matching, but they will be heavily influenced by what their peers in New York do.
4 minute read
November 13, 2023 | National Law Journal

10-Lawyer Stroock Litigation Group Heads to Crowell

Crowell now has about 150 lawyers and staff in Manhattan and has seen growth in its midmarket M&A practice.
3 minute read
November 10, 2023 | Legaltech News

Beyond the DPF: A Look at Global Data Transfers Mechanisms for E-Discovery

Many countries, from China to France, come with their unique data transfers mechanisms. "There is no standardization," noted Rohan Massey, partner at Ropes & Gray, during a panel discussion at the Georgetown University Law Center's annual Advanced eDiscovery Institute conference on Friday.
5 minute read
November 09, 2023 | National Law Journal

After 7-Month Stint at Quinn Emanuel, Crowell Partner Returns

"I don't think I appreciated it the way I should have when I was here my first stint," said Michael Shaheen about Crowell.
2 minute read
November 06, 2023 | The Recorder

Meet the Next Generation of California Legal Leaders

Get to know this year's Lawyers on the Fast Track, aged 40 and under.
2 minute read
November 03, 2023 | The Recorder

Meet the Winners of the 2023 California Legal Awards

The Recorder is proud to announce this year's winners and finalists for the California Legal Awards, celebrating the achievements of lawyers and companies leading technology, innovation and the profession as a whole.
4 minute read
November 03, 2023 | The Recorder

Lawyers on the Fast Track 2023: Sima Namiri-Kalantari

The Crowell & Moring partner is being recognized as one of more than 40 Lawyers on the Fast Track as part of The Recorder's California Legal Awards.
4 minute read
November 02, 2023 | The American Lawyer

'A Lot of Hand Wringing': Stroock Leaders Act on Backup Plans to Failed Merger Talks

After Stroock's plan A of merging with another firm fell through, their plan B of dissolving the firm and relocating a portion of the firm is playing out.
6 minute read
November 02, 2023 | The American Lawyer

Big Law Firms Call on Top Law Schools to Condemn Anti-Israel Protests, Harassment

A group of more than 200 leading law firms implored law schools to reign in "anti-Semitic activities" on campus as Israel's response to the Oct. 7 attacks draws protest worldwide.
8 minute read

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