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February 08, 2024 | The American Lawyer

Can Big Law Extract the Maximum Value of AI?

Legal departments of major corporations along with the industry's most elite firms are actively using generative AI, and the idea that any organization would wait on identifying and testing use cases is seen as a significant competitive risk.
7 minute read
February 06, 2024 | The American Lawyer

McDermott Lands Sports and Entertainment Partner From Venable for Transactions Group

Alexei Cowett had been at Venable since 2015 and has advised on more than $60 billion in closed transactions across various media, McDermott said.
3 minute read
February 02, 2024 | The American Lawyer

Bridging the Divide in Hybrid Work Models: Adapting the Apprenticeship Model and Shifting Measurement Focus

The legal sector, traditionally reliant on apprenticeship models for training and development, faces unique challenges adapting to hybrid work environments.
8 minute read
February 01, 2024 | The American Lawyer

Bridging the Divide in Hybrid Work Models: Balancing Physical Presence and Flexibility

This balance is vital to maintaining a productive, satisfied and cohesive legal workforce in the modern era.
4 minute read
January 31, 2024 | The American Lawyer

Bridging the Divide in Hybrid Work Models: Generational Differences and Expectations

These complex differences affect not only law firm culture, but also client relationships and expectations.
5 minute read
January 31, 2024 | The American Lawyer

Big Law Rates Continue Rising, But Trail 2023 Increases So Far

The average Am Law 50 firm upped its rates by 8% to 10% in 2024, according to bankruptcy records.
3 minute read
January 30, 2024 | The American Lawyer

Bridging the Divide in Hybrid Work Models: Understanding the Root of Discontent

"Law firms can address these perspectives and adopt strategies that recognize and honor the different needs and expectations of employees, leadership and clients," Kathleen Pearson writes in the first part of this series.
7 minute read
January 30, 2024 | The American Lawyer

Deal Watch: Debt Offerings Surge as Markets Begin to Turn

"It is booming right now," said Wachtell partner John Sobolewski of the liability management market.
8 minute read
January 28, 2024 | The American Lawyer

Will We See You? Join Law.com Pro Editors and Analysts at Legalweek NYC For Sessions Geared Toward Law Firm Strategy

Let's meet up in person Jan. 31 to dive into the future of law firm management. Come ready with questions for our experts as we bring Law.com Pro to life at Legalweek NYC.
4 minute read
January 26, 2024 | The American Lawyer

Partner Comp Systems and Competitive Advantage: Lessons From the Kirkland, Cravath, and Paul Weiss Lateral-Hiring Wars

What makes comp systems so insidious is that they're so hard to change.
12 minute read

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