Hogan Lovells is gearing up for a gargantuan merger with Cadwalader, but the firm isn't expecting any headaches. Their prior experience, they claim, makes a 3,100-lawyer union look like a walk in the park.
The buzzwords are flying, but what does it actually look like when Big Law tries to get smart with AI? We peeked behind the curtain at the Foundation Innovation Awards.
Lockstep compensation, long a bedrock of Big Law, is showing cracks. One of the top 50 firms is introducing a partner bonus pool, a clear nod to the surging lateral market.
Who's snapping up the best legal talent in Big Law? One firm is leading the charge in lateral hiring for 2026. Dive into the data.
Davis Polk's ambitious Los Angeles expansion just poured rocket fuel on an already scorching talent war. The firm's deep pockets and strategic vision are forcing rivals to rethink their own West Coast play.
Forget the dusty mahogany offices. Moritz isn't just talking about AI in law; they're deploying it to gut Big Law's pricing and speed advantages, armed with a fresh $9 million war chest.
The gulf between Big Law's top earners and the rest is apparently widening. Data suggests a stark divergence in revenue growth, and it's not just about tech.
The American Lawyer's latest report paints a picture of strong financial health for Big Law's Second Hundred firms. Yet, beneath the surface of strong metrics lies a widening disparity that demands attention.
Profits per equity partner (PEP) at a major Big Law firm tanked 13.43% last year, according to new ALM data. The sharp drop raises serious questions about firm strategy and market headwinds.
Imagine shelling out blockbuster prices at the movies, only to munch overpriced popcorn while the stars shine briefly. That's Big Law, says GC Eric Greenberg – and it's waking up in-house lawyers everywhere.
Nonequity partners are miserable. A new survey shows only 28% satisfied, a third undervalued, over half burnt out — and legal AI tools aren't helping.