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Stories about how corporate legal departments are restructuring and finding creative new ways to manage budget and outside counsel spend, leverage technology and work with their outside counsel more efficiently.
By Amanda O'Brien | March 28, 2024
While sources pointed to failed discussions over how to transition beyond the leadership of founding partners Angelo Genova and James Burns, Burns said the firm has "built a brand which will continue beyond its founders."
4 minute read
By Greg Andrews | March 21, 2024
Chief Legal Officer Ava Harter is leaving Whirlpool, and receiving $2.9 million in severance, in the wake of the company's decision to make her job a non-executive position.
5 minute read
By Trudy Knockless | March 20, 2024
One challenge for legal departments is that it is hard to demonstrate the value of something not happening—a threatened lawsuit not being filed or a regulatory fine not being assessed.
3 minute read
By Trudy Knockless | March 5, 2024
"If it seems like you're raising the red flag on every level of risk at every issue, you're not going to be able to build that relationship," said Ashlin Quirk, general counsel of Axiom.
7 minute read
By Amanda O'Brien | February 27, 2024
Partners Bradley Henry and Kathleen Shannon lead the team, which is divided between New York and Washington.
4 minute read
By Diana C. Manning, Benjamin J. DiLorenzo and Kyle A. Valente | February 22, 2024
As with all new technologies, AI brings with it a plethora of potential benefits in the form of improving efficiency and reducing costs. Law firms and lawyers are increasingly engaging with AI programs and tools in conjunction with document reviews, legal research, contract drafting and the preparation of legal briefs.
8 minute read
By Abigail Adcox | February 14, 2024
Even as the equity tier expanded and the firm's profits per equity partner rose about 16% to $1.91 million. And amid lateral growth, Steptoe's total full-time equivalent head count rose about 4% to around 396 lawyers last year and revenue per lawyer climbed more than 8% to $1.2 million.
4 minute read
By J. Mark Santiago | February 9, 2024
Having a compensation system that clearly outlines partner expectations, provides the partners with the ability to validate the results by communicating the results back to them does more to build collegiality than an opaque system that, by its design, promotes distrust and ill will among partners.
5 minute read
By Zack Needles | Alaina Lancaster | February 7, 2024
Last week, Legal Speak was live on location at Legalweek 2024 in New York City, where we interviewed professionals from across the legal industry about everything from the practical applications of generative AI to the benefits of sharing ideas and advice with both colleagues and competitors.
1 minute read
By Amanda O'Brien | February 5, 2024
Amy Mushahwar has also spent time at Holland & Knight, Reed Smith, Ballard Spahr and Davis Wright Tremaine.
4 minute read
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In Memoriam: Richard "Dick" K. DeScherer (1944-2024) We mourn the loss of our friend and former partner and Co-Chairman, Richard "Dick" K. DeScherer. Dick was a member of Willkie Farr & Gallagher LLP for more than 24 years. He was the consummate business lawyer, wonderful colleague and true friend. He joined the Bloomberg organization in 2012, a client for whom he had served as their principal legal advisor since their inception, and later was appointed as a member of their board. Dick's knowledge and experience were unparalleled, as evidenced by appointment to leadership and board positions at numerous well-respected organizations. He was deeply involved in civic and community engagements through his work with the S.L.E. (Lupus) Foundation, Lupus Research Institute, United Hospital Fund of New York, Lincoln Center for the Performing Arts, National Dance institute, and Baryshnikov Dance Foundation, among others. He received an LL.M. in Taxation from New York University in 1970, a J.D. from Georgetown University Law Center in 1969, and a B.A. from the University of Virginia in 1966. He was a member of the American Bar Association, the New York State Bar Association and the Association of the Bar of the City of New York. We offer our sincerest condolences to his family, including his wife Jennie, son Christopher and wife Amanda, daughter Kate, and grandchildren Emmett, Serena, George, Emily and Madeline. We will remember Dick with the utmost respect, admiration and affection. His loss will be felt by his many friends and colleagues at Willkie, and by all those whose lives he touched.
Congratulations to FLB Law's Newest Partner Matthias J. Sportini
Welcome Judge Joseph Quinn (Ret.) The Honorable Joseph P. Quinn, J.S.C., retired New Jersey Superior Court Judge, served for 23 years in the court s Civil, Chancery, and Family Divisions, where he was a strong proponent of mediation and alternate dispute resolution. As the head of Ansell.Law s mediation practice, Judge Quinn provides a valuable resource to parties seeking a final and efficient resolution of their disputes. ANSELL GRIMM & AARON, PC 732-922-1000 https://ansell.law/