Law Firm Competition | Analysis

In Partner Comp, Does Ignorance Equal Bliss? Firms Using the 'Black Box' Hope So

By Justin Henry

"It is so much easier to keep people happy when they can't see someone is making more than them even though they have more in originations," said Jeffrey Lowe, recounting the message he hears from firms with opaque compensation models. Read More

Law Firm Associates | Analysis

'Drastically Different' Associate Strategies in Big Law and Midsize Firms May Continue in 2024

By Andrew Maloney

Am Law 100 firms increased their associate ranks by only 1.7% through November, even accounting for their fall classes, according to a report this week. Read More

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Artificial Intelligence | Analysis

'Pig Butchering' and Other Cybercrimes Preying on Human Psychology Rising Fast

By Maria Dinzeo

"We are getting good with the technical applications of fighting the stuff. But at the end of the day, it comes down to the human," said Stephen Dougherty, a financial fraud investigator with the U.S. Secret Service. Read More

Law Firm Competition | Analysis

Dealmakers Plan to Keep Investing in Private Equity Practices Amid Higher Expectations for 2024

By Patrick Smith

Private equity attorneys from leading law firms say creative dealmaking could meet pent-up demand to produce an uptick in deals. Read More

Class Actions | News

First Lawsuit Against Alaska Airlines Filed Over Door Plug Blowout

By Amanda Bronstad

A lawsuit filed on Tuesday alleged that both Alaska Airlines and Boeing were negligent for a defective door plug that blew out during a Jan. 5 flight, leaving a gaping hole in the 737-9 Max aircraft. Read More

Employment Law

Slow Pace of Retaliation Trial Could Lead to 'Impossible Situation', Says Lawyer for Davis Polk

By Jane Wester

Paul, Weiss, Rifkind, Wharton & Garrison partner Bruce Birenboim, who is representing Davis Polk & Wardwell in a retaliation lawsuit, on Tuesday raised concerns that the plaintiff's use of time could lead to "an impossible situation for the court" and potential appellate issues. Read More

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Law Firm Profitability | Analysis

Even As Billing Rates Increase, Lack of Confidence in Fees and 'Subtle Psychology' May Lead to Less Profit

By Andrew Maloney

The majority of law firms believe write-offs will increase over the next year, even after many firms made these billing adjustments in 2023, according to new results of a survey of firm leaders. Read More

Legal Education | News

Northwestern Law Launches West Coast Initiative, Featuring Student Externships at OpenAI, Sony

By Christine Charnosky

"These innovative new programs will prepare our students to lead by giving them exposure to cutting-edge developments in technology, entertainment, media, sports and business." Read More