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Private Equity Eyes Big Law And Top Firms Are Opening the Door

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private equity investment in law firms - LawFuel

Private equity is circling the legal sector, a new breed of law firm is exploring ways to monetise its most valuable asset: equity in the partnership.

Both Cohen & Gresser, a litigation boutique, and global player McDermott Will & Emery have reportedly been in discussions about bringing in outside capital — a move that would have been unthinkable a decade ago.

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From Tinder Swipes to AI Legal Wins

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legalfly has tinder style 'swipe right' tool for legal AI app

Remember swiping right on Tinder? Now imagine swiping through contracts at warp speed. That’s the magic LegalFly is bringing to the staid world of law, courtesy of a founding team that once powered the world’s hottest dating app with AI smarts.

Fresh off a blockbuster €15 million Series A, this Belgian legal tech disruptor is gunning for America’s biggest law firms, and it’s not messing around.
Register to read more . .

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Biglaw Bonus Season 2025

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biglaw bonus season 2025 - LawFuel

Cravath Fires the Starting Gun, Milbank Plays Coy, and Everyone Scrambles Like It’s Black Friday Sonia Hickey Bonus season – that magical time of year when Biglaw associates pretend to care about “firm culture” while frantically refreshing their inboxes, praying for a six-figure dopamine hit before the holiday eggnog kicks in. As of November 20,

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Ashurst and Perkins Coie Ink Mega-Merger Deal

Australia Law News, Big Law, Headlining /
Ashurst Perkins Coie’s global co-CEOs, Paul Jenkins and Bill Malley - LawFuel

Tom Borman, LawFuel contributing editor Anglo-Australian biglaw’s Ashurst and US player Perkins Coie have decided to tie the knot, crafting a new transatlantic megalaw entity – to be Ashurst Perkins Coie – pending the perfunctory partner vote and regulatory nods. The new firm will straddle 52 offices in 23 countries, weaving a legal web from

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Courts Drowning in Fake AI Cases as New Report Sounds Alarm

Australia Law News, Headlining, Press Releases /
Autralian report shows rise of fake AI cases on the rise

GenAI, Fake Law & Fallout – New Australian report reveals surge in legal cases involving generative AI The UNSW Centre for the Future of the Legal Profession has dropped a sober but necessary reality check on the messy intersection between generative AI and actual courtrooms. Reviewing more than 520 cases from January 2023 to September

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McDermott Toys With Private Equity Money

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Mcdermott Will & Emory consider private equity investment - LawFuel

Big Law’s Next Taboo Ben Thomson, LawFuel contributing editor McDermott Will & Schulte has decided to dip a cautious toe into capitalism’s deep end, confirming it’s in “preliminary discussions” about selling a slice of the firm to outside investors. Chairman Ira Coleman delivered the usual corporate zen: they get “inbound interest,” they “listen to new

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Can the Magic Circle’s Most Profitable Firm Survive Its Own Success?

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Slaughter & May future - LawFuel

Slaughter and May’s Billion-Dollar Dilemma – Expand or Perish John Bowie, LawFuel publisher Slaughter and May, a member of the UK’s elite Magic Circle, has proudly charted a different course to its contemporaries. Rebuffing endless international expansion and a bigger partnership, it has maintained a tightly-knit operation. But is it sustainable?  Where Slaughters’ rivals have

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Trump’s $1bn BBC Defamation Shakedown

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From ABC to BBC: Trump's Media Litigation Roadshow Claims New Victim

From ABC to BBC – Trump’s Media Litigation Roadshow Claims New Victim Ben Thomson, LawFuel contributing editor The BBC finds itself staring down the barrel of Donald Trump’s latest legal offensive, this time demanding $1 billion for a Panorama documentary edit. With two top executives already out the door, Britain’s public broadcaster faces what may

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Saudi Market Lures BigLaw with Cash, Contracts and Headaches

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Saudi Arabia Work

Riyadh Rising For Big Law Ben Thomson, LawFuel contributor In the kind of year when seismic regulatory shifts and eye-popping economic ambition collide, 2025 has positioned Saudi Arabia as the world’s most coveted legal hot spot. Heavyweights like Reed Smith, Morgan Lewis & Bockius, Trowers & Hamlins, and Stephenson Harwood have placed big bets on

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Luxury Expenses Claims Dog Pogust Goodhead

Big Law, Headlining, UK Law /
Goodhead1

Private jets, yachts and lavish spending are some of the claims against Thomas Goodhead, co-founder of Pogust Goodhead who is now at the center of one of the most significant governance crises in modern UK law firm litigation, according to a Times report.

Pogust Goodhead (former SPG Law) secured a £450 million debt facility and is now seeing its co-founder CEO ousted before its headline case reaches judgment.

Thomas Goodhead co-founded Pogust Goodhead with U.S. class action veteran Harris Pogust, propelling the firm into the big league in 2023 when it secured a reported £450 million investment . . . log in to read more

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