It is the best of times, it is the worst of times. In a world where the only thing that doesn't change is change itself, opportunities and risks are too obvious to ignore, and the legal market is no exception. As a nearly $300 billion industry and one of the most profitable in the world, the U.S. legal industry is under fundamental transformation. Whether in-house counsel or law firms, only those with far-ranging sights, clear thoughts and quick action can survive and thrive.
US law firm leaders need to make bold, proactive changes in how legal services are delivered if they want to thrive in the rapidly-changing legal marketplace. Overall revenue across the big US firms rose, revenue per lawyer grew, and profits per part...
Dechert’s newly elected CEO Henry Nassau, who began his term in July 2016, talks to Leaders League about his future plans, the firm’s organizational structure and how relationships can grow stronger by building a client-team approach.
Mr. Verrilli, who is a former Jenner & Block partner and has argued 37 cases between 2011 and 2016 in front of the US Supreme Court, is going to be opening up a Munger Tolles & Olson office in the capital city. The former US solicitor general...
The Alabama Junior United States Senator and member of the Republican Party was appointed by President-elect Donald Trump as attorney general on November 18th 2016.
On Thursday November 10th 2016 Arnold & Porter and New York's Kaye Scholer announced that they will merge in the New Year to create a new, 1000-lawyer firm. This marks the biggest BigLaw deal of a year.