Merger partners Allen & Overy and its American partner Shearman & Sterling are facing a notable brain drain ahead of their ambitious $3.5 billion merger with reports of dozens of lawyers leaving the firms ahead of the merger. Since the announcement of the merger in May, a wave of senior lawyers, totaling at least 20 […]
The biggest law firms in the world have multi-billion dollar revenues and include US and British law firms with international networks.
Legal Giants: Unveiling 25 Biggest Law Firms in the World Read More »
BigLaw Firms Developing AI Tools Ben Borman* Allen & Overy and other biglaw firms are using AI LegalTech Tools and related law technology tools to push a technological revolution in the legal profession that will transform how legal services are prepared and delivered. The Magic Circle firm is using an AI-driven contract drafting tool, ContractMatrix.
The BigLaw Firms Using AI LegalTech to Redefine Legal Practices Read More »
PLUS – The 2023 BigLaw Pay Scale Survey Albert Goodwin – The Cravath scale has been climbed – and eclipsed – yet again and this time it is top firms, Williams & Connolly LLP who have exceed the wage scale set by Cravath Swaine & Moore. The Williams & Connolly pay deal promises to pay
Ben Boman – We seem to report on raids by Paul Weiss Rifkind Wharton & Garrison with somewhat monotonous regularity, particularly regarding their raids upon Kirkland & Ellis and the massive deal offered to star lawyer Neel Sachdev, but now they are switching their attention to Clifford Chance, adding two new partners to the growing
First Paul Weiss Take Star Neel Sachdev Now Clifford Chance Lose Star Lawyers Too Read More »
The race is on for the leadership of A&O Shearman following the biglaw merger
Who Will Head The New Big Law A&O Shearman Law Firm? Read More »
Rudy Giuiliani faces further pressure following the major jury award for defamation over allegations workers had rigged the 2020 US election
Rudy Giuliani’s Defamation Penalty: A Steep Price for Spreading Election Myths Read More »
Has the party ended for the world’s most profitable law firm Kirkland & Ellis, who have broken the rules to aggressively grow their global law firm brand
BigLaw’s Behemoth at the Crossroads: Does Inside Kirkland & Ellis’ Face Problems? Read More »
Law firm mergers continue to shape the US legal landscape with another new merger announced this week
Post-Pandemic Law Firm Mergers Continue In US With Another Large US Merger Announced Read More »
London’s Daily Telegraph’s article on the collapse of Axiom Ince have reported on the acquisition of property and property developments with the firm’s co-founder Pragnesh Modhwadia involved in multiple businesses, several of which have entered receivership or insolvency. Axiom Ince faced a catastrophic collapse amid accusations of a £66 million fraud. The dramatic situation involved
The Downfall of Axiom Ince and the £66m Fraud Scandal that Left Lawyers Jobless Read More »
