Latham & Watkins report “EU AI Act: Navigating a Brave New World” provides a comprehensive overview of the European Union’s Artificial Intelligence Act, which was approved by the Council of the European Union on May 21, 2024. The legislation establishes the world’s first comprehensive regulatory framework for AI and is expected to shape the future […]
EU AI Act – Latham & Watkins ‘Brave New World Report’ Read More »
The New Big Law Playbook: Less is More Tom Borman, LawFuel contributor There is a new reality creeping into the world of Big Law and it is the developing practice of closing offices as they move away from the ‘grow or die’ strategy into the consolidation phase. And the reason for consolidation, in large part,
Major changes are disrupting the legal landscape as Big Law firms face challenges from aggressive competitors, start-up would-be usurpers and of course generative AI.
In an era of unprecedented change, the legal industry finds itself at a crossroads. While generative AI has garnered significant attention, it’s merely one piece of a larger puzzle reshaping the practice of law.
From shifting client expectations to the encroachment of non-traditional competitors, law firms are facing a perfect storm of disruptive forces.
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Who Rose? Who Slipped? The latest edition of the UK Top 50 measures gross revenue, revenue per lawyer, and profits per equity partner,like the Am Law 100, and shows that the UK legal market saw a significant rebound in profitability for top law firms in the latest financial year. After an 8.1 percent decline in
The Biggest Law Firms in the UK – More PEP Than Ever Read More »
Baker McKenzie Disputes Report The Global Disputes Forecast 2024 report recently published by Baker McKenzie highlights several key findings and trends in the global disputes landscape. The full report can be downloaded at this link. The report summary: Economic Pressures and Disputes Economic challenges are expected to drive an increase in disputes across various sectors.
Baker McKenzie Publish Global Disputes Forecast Report Read More »
Rajesh Bhimani, CEO of Skynet Technologies The legal market is increasingly competitive nowadays and a subpar website can significantly hinder your ability to attract new clients. Potential clients often form their first impression of your law firm based on their online experience. A polished, professional, and impactful website can single-handedly create a positive first impression
Essential Elements for Crafting a High-Converting Law Firm Websites Read More »
DLA Piper’s Olympian Partnership DLA Piper Africa is proud to announce its partnership with 2024 Olympic Gold medallist and African sprint sensation, Letsile Tebogo. Under its partnership, DLA Piper Africa will be Tebogo’s official legal sponsor, providing the 21-year-old Motswana sprinter with legal services locally in Botswana, across Africa and globally. Born in Kanye, Botswana,
A Lawyer Mental Health Initiative – But Will It Work Ben Thomson, LawFuel contributing writer Australian lawyers have recently gained a new “right to disconnect” after work hours, according to a recent development in the legal profession with the aim of addressing the issue of work-life balance and mental health among legal professionals. The move
What Do The Summer Bonus Delays Mean? Associates are waiting with bated breath for their 2024 summer bonus news, but the waiting continues. Traditionally, these bonus announcements begin to roll out in late July or early August, setting the tone for the industry’s compensation landscape and reports of major bonus payments have left associates waiting
What’s Happened To Our Summer Bonuses, Ask Associates Read More »
London Legal Scene Shaken By Firm Closure US law firms have made big waves in the London law scene particularly with their stellar pay packets and wage wars, but they are also feeling the heat of the competitive London legal scene with a major firm closing shop in the City. The biggest American players in
From Missouri to Mayfair And How One US Firm’s London Gamble Went Bust Read More »
