Law Firms’ Strong Start in 2024: Financial Highlights
Law firms have commenced 2024 on a positive note, rebounding from a lackluster performance in 2023 marked by tepid client…
legal industry
A&O Shearman Merger: Big Law’s New Player
The recent merger of London-based Allen & Overy and New York's Shearman & Sterling has birthed A&O Shearman, the world's…
Allegations of Gender Bias and Mismanagement
A lawsuit filed against Lewis Brisbois Bisgaard & Smith by former partner Julie O’Dell cites systemic business deficiencies and gender…
Troutman Pepper and Locke Lord in Merger Talks
Troutman Pepper Hamilton Sanders and Locke Lord, two prominent U.S. law firms, have confirmed they are engaging in discussions about…
NALP Foundation Report Highlights Associate Departure Trends
A recent report by the NALP Foundation sheds light on the patterns of associate turnover within law firms, revealing insights…
Mike McNamara, Former Dentons U.S. CEO, Ventures into New Horizons with Baretz+Brunelle
After over twenty years of dedicated service, Mike McNamara bids farewell to Dentons, a global law firm, to embark on…
Allen & Overy and Shearman & Sterling Elect New Partners Ahead of Merger
Ahead of their anticipated merger set to finalize on May 1, Allen & Overy and Shearman & Sterling have announced…
Decline in Lateral Hiring Persists for Second Consecutive Year
Law firms are continuing to scale back on lateral hiring of lawyers for the second year in a row, following…
Reed Smith Implements New Associate Compensation Structure
Reed Smith, a prominent law firm, has confirmed adjustments to its associate compensation structure, prompted by a leaked memo revealing…
State Bar of California Trustees Vote for Lower Increase in Attorney Fees
In a recent decision, the trustees of the State Bar of California have opted for a $125 increase in mandatory…
Kirkland & Ellis Faces Layoffs Amidst Market Turbulence
In a surprising move, the world-renowned law firm Kirkland & Ellis, recognized as the highest-grossing legal entity globally, finds itself…
Federal Judge Rejects Law Firm’s Use of AI for Fee Estimation
A recent decision by a federal judge highlights the challenges faced by the legal industry in integrating artificial intelligence (AI)…