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.
Congratulations are in order for Margaret D’Amico, Rory Leraris, and Kara Mungovan who, on Cravath’s partner election night, were elected partners to fill seats in one of the most exclusive clubs in the legal profession. The two litigators and one t...