BigLaw

Litigation Funder Parabellum Capital Raises $450 Million As Pandemic Lawsuits Loom

BigLaw /
litigation lawfuel

Litigation finance firm Parabellum Capital has raised a new fund with commitments exceeding $450 million ahead of a potential torrent of coronavirus-related lawsuits, new proof that betting on court battles remains popular with investors despite the current crisis, Bloomberg Big Law reports. And one of the attractions for the industry is the prospect of major

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Goodwin Procter’s ‘Stealth Layoffs’ For Associates

BigLaw, Legal Careers /
Lawyer1

Jennifer Bridges – Big Law firm Goodwin Procter is apparently implementing layoffs by stealth according to reports. The firm, which grosses over a billion dollars in revenues, is reportedly cutting associates, having already reduced staff numbers. Using ‘stealth tactics’, the firms can reduce employee numbers almost undercover where they avoid referring to cutbacks that relate

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Lawyers Pick Up Summer Program Cash – But Either Virtual Or No Programs On Offer

BigLaw, Legal Careers /
Kid interns

The coronavirus crisis has seen many law firms cancel their summer intern programs, but many firms are continuing to pay their associates as much as $3600 a month despite reducing their summer intern programs. The pandemic has created a range of reactions from law firms, which would normally see market leaders set the framework for

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Slaughter & May: Shareholder Group Litigation On the Rise – But Why?

BigLaw /
Lawsuit

Litigation by shareholders against listed companies appears to be on the rise, with claims against Tesco and Lloyds Bank making the headlines recently. This briefing explores the factors that are contributing to the rise of claims by shareholders against listed companies, why they are likely to increase, and what companies can do to protect themselves.

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Kirkland’s ‘Emotionally Deficient’ Gravy Train Email Scores a Sour Bullseye With Expendable Lawyers

BigLaw, US Law /
Lawyersinoffice

An article in Law.com from Olivia Chen caught our eye for no reason other than its insensitivity to both the lawyers working with Big Law partners, but also to the curren coronavirus crisis situation occurring in workplaces. The need to pump out billables may continue even in times of crisis but some sensitivity to the

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Artificial Intelligence Risk? What Does 2020 Hold

BigLaw, Legal AI /
Artificialintelligence lawfuel

Clifford Chance – Artificial intelligence (AI) creates huge opportunities for businesses globally across all sectors. However, the use of AI also brings the potential for significant legal, ethical and reputational exposure. Recently we have seen global regulators grappling with these risks, with the announcement of a vast number of legal developments, including the publication of

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Pierce Bainbridge Litigation Finance Plays: The $1 Billion Lie and The $65 Million Debt

BigLaw /
Greenfinance

This page about Pierce Bainbridge law firm is no longer available, but you may see further updated information about law firms by joining our list (below)and receiving the latest law firm news As noted, Pravati has been sued, a slew of John Pierce’s former partners have been sued, John Pierce and the firm have been

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