The explosive growth of legal AI operator Legora continues as they expand the company’s US operation with new offices in Houston and Chicago, following last year’s $1.8 billion valuation and funding rounds. Legora’s media release is below – Feb 27, 2026 Legora, the collaborative AI platform for legal professionals, today announced the opening of two […]
Legal AI Platform Expands with Houston and Chicago Offices Read More »
While the rest of Big Law was still muttering about market uncertainty, Norton Rose Fulbright quietly had one of those years that makes equity partners smile into their morning flat white.
The firm racked up more than US$2.8 billion in global gross revenue for 2025 – a tidy 16% jump. But the real headline? Profits per equity partner shot up 27% to nearly US$2.1 million. You read that right. Nearly $2.1 million. Per partner. Per year.
Norton Rose Partners Just Pocketed a 27% Payday – Blame the US (and a Bit of AI Magic) Read More »
Epstein Estate Agrees Up to $35m Settlement in Adviser Aiding Claims The estate of Jeffrey Epstein has agreed to pay up to US$35 million to settle a class action lawsuit alleging that two of his closest professional advisers aided and abetted his sex trafficking operation, according to a federal court filing in New York. The
Epstein Estate Faces Fresh Reckoning as Adviser Claims Settled Read More »
Sullivan & Cromwell’s 2025 review is essentially a victory lap: another record year, heavy on big-ticket mandates in M&A, disputes and restructuring, with a clear push on AI, private capital and London growth. Deals, disputes and AI work Litigation, investigations and arbitration People, platform and pro bono Who is Sullivan & Cromwell Profile Sullivan &
Sullivan & Cromwell’s 2025 Review: Wall Street Giant Bets Big on AI, Deals and Disputes Read More »
You know that moment when a client looks at a bill and just… nods? Christopher Clark, a litigator at a boutique law firm, got one of those last year, the WSJ reported. He’d hiked his rate to a once-absurd $3,000 an hour. The client’s reply? “Congratulations. That’s the highest we’ve seen.”
A year earlier, $2,500 felt like the ceiling. Now it looks almost cute.
According to Persuit’s latest billing data, senior partners at the biggest 50 firms pushed rates up an average 16% in 2025. Some are now openly quoting $3,400 an hour. And that’s before you get to the real outliers.
In bankruptcy filings, Latham & Watkins and Kirkland & Ellis have partners clearing the $3,000 mark this year. Reuters reported in January that Susman Godfrey’s Bill Carmody and Neal Manne quietly set their 2026 rack rate at $4,000 an hour — up from $3,000 last year. (Lawfuel broke the same story and called it “Four Thousand an Hour Arrives in US Big Law Billing.”)
A security flaw that allowed Microsoft’s AI assistant to bypass privacy safeguards and summarise confidential emails is more than a tech inconvenience. For law firms and legal departments, it is a wake-up call. Microsoft has confirmed that a bug in its Microsoft 365 Copilot Chat tool allowed the AI assistant to access and summarise emails
Power Briefing: Justice Injury Law Photo by Karolina Grabowska via Pexels In the world of administrative law, particularly in high-stakes workers’ compensation hearings, victory is rarely a product of courtroom theatrics. Instead, it is meticulously built, piece by piece, long before stepping in front of the judge. Preparation isn’t just a step; it’s the single most
The Ultimate Guide to Preparing Clients for High-Stakes Administrative Hearings Read More »
Power Brief: Clifford Chance Agentic AI is reshaping the nature of technology risk. These systems don’t just process data or generate insights – they take actions, make decisions and, increasingly, operate without human oversight. Unlike traditional generative AI, which primarily responds to prompts, agentic AI can initiate and execute tasks across connected systems. For example,
Agentic AI: The liability gap your contracts may not cover Read More »
The war for legal talent never really ended. It just got more expensive with big law partner pay hitting record levels, but law firm retention bonuses becoming increasingly important as talent retention retains top level importance for law firms. While headline-grabbing salary bumps and biglaw salary information dominate the conversation, the quieter – and often
Diversity in law is still being discussed like it’s a favour, not a competitive advantage.Jayne McGlynn, senior M&A partner at DWF made a point on LinkedIn that is brutally simple. After two decades at the sharp end of deals and boardrooms, she still gets asked whether she’s a “diversity hire”. The implication being that talent
