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A decade ago, $6 million was considered a breathtaking partner payday at a top US law firm. Today, that figure barely cracks the Am Law 100’s top ten. The 2026 Am Law 100 rankings, reflecting 2025 financial performance, tell the story of an industry that has fundamentally reset what “profitable” means: $178.95 billion in aggregate revenues, a $12.15 million average payout for equity partners at Wachtell Lipton, and Kirkland & Ellis becoming the first law firm in history to surpass $10 billion in annual revenue. The rich got richer, the gap widened, and almost nobody at the top is apologising for it. Read the LawFuel review of the AmLaw 100 – login - Musk v Altman: The Lawyers Running the Biggest AI Trial on Earth | LawFuel
The Musk v Altman trial is being sold as a grudge match between two tech billionaires over the future of artificial intelligence. But the real contest is between two skilled commercial litigators. Elon Musk has turned to New York trial lawyer Steven Molo of MoloLamken who delivered his opening statement in Oakland to a nine-person jury on April 28, 2026 with Morgan Chu of Irell & Manella’s Los Angeles office playing a supporting role having been lead counsel on Musk’s original state court filings. Log in to read the article . . - Private Equity MSO Deal Lawyers – The Holland & Knight Lawyers Closing 15+ Law Firm Transactions in Six Months

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The U.S. law firm lateral market shows healthy expansion and also provides a strategic shift toward senior leverage and a surprising surge at smaller firms. According to the National Association for Law Placement (NALP) 2025 Survey of Law Firms on Lateral and 3L Hiring (released April 22, 2026), total lateral hiring volume rose 16.4% year-over-year among the 305 offices/firms reporting comparable data. Log in to read more . . - Sullivan & Cromwell Joins the AI Hall of Shame — and the Irony Is Exquisite
