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March 28, 2024 | The American Lawyer

The Law Firm Disrupted: Are Big Law's Remote Lawyers a Vanishing Species?

New NALP figures show that the number of law firms willing to hire associates and partners in areas where they don't have offices is steadily declining.
5 minute read
March 27, 2024 | The American Lawyer

Lewis Brisbois Attempts Revamp After Mass Defections, Email Scandal

The firm has shaken up its C-suite, revamped its staffing ratio, and installed new management software. It succeeded in luring back one client that had publicly severed the relationship after the release of emails containing derogatory language from former employment practice leaders.
7 minute read
March 26, 2024 | The American Lawyer

Diversity of Practices Helped Foley Grow Revenue by 8.1%, Profits Per Equity Partner by 11.5%

The firm posted higher revenue and profits, even as its lawyer head count was steady in 2023.
5 minute read
March 15, 2024 | The American Lawyer

Lewis Brisbois Loses Minneapolis Product Liability Group in Move to Husch Blackwell

The upcoming departures amount to nearly half of Lewis Brisbois' Minneapolis-based partnership.
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 07, 2024 | The American Lawyer

In 'Ultra-Dynamic' AI Environment, More Law Firms Are Launching Devoted Teams

Husch, Winston and Norton Rose are a few of the firms that have officially launched AI groups during Q1 of 2024, with firm leaders pointing to increased client interest and a surge of AI-related cases hitting courts.
6 minute read
February 14, 2024 | The American Lawyer

Have Transactional Demand Levels Slowed Lateral Partner Hiring?

Partner lateral moves fell in 2023 but remained robust, according to data from Law.com Compass. And it's still a fragmented industry, including in lateral hiring.
8 minute read
February 13, 2024 | The American Lawyer

Skadden and Squire Build DC Partner Ranks With Government Hires

James Danly, who was FERC chair, has rejoined Skadden as head of its energy regulatory group, while Squire has added Bridget McGovern, who was an assistant secretary at the Homeland Security Department.
3 minute read
February 12, 2024 | The American Lawyer

To Implement Gen AI, Lawyers and Large Language Models Go Back to School

Law firms are training attorneys on prompt engineering and feeding data into LLMs to get both parties acquainted with each other.
7 minute read
February 08, 2024 | The American Lawyer

Law Firm-Legal Department Relationships Benefit From 'Standard Terms of Engagement'

"The challenge with a lot of legal-ops departments is they are populated by lawyers who are intimidated by external counsel. So it's hard to step away and actually put a real business lens on it," said Bindu Cudjoe, chief legal officer of Laurentian Bank.
4 minute read

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