Stories making recent headlines on LawFuel . .
- PEP Talk At Big Law Firms Is Up – But Revenues Are More Often DownLawFuel contributor Ben Boman writes on law firms profitability and statistics Profits per equity partner (PEP) growth for big law firms is increasing for US law firms and exceeding the revenue growth for law firms. The trend demonstrates significant changes within the US law profession as some firms – for instance, such LawFuel prestige law… Read more: PEP Talk At Big Law Firms Is Up – But Revenues Are More Often Down
- The Successful Legal Life For Women Lawyers: How Natasha Harrison Says The Law Profession Needs a Cultural ShiftWomen lawyers face issues in the law profession but Natasha Harrison of Pallas Partners is making a difference
- Another Major Big Law Pay Scale Stat: Davis Wright Shoots Partners Across The $1 Million MarkDavis Wright have provided million dollar a year profits for partners and boosted the big law pay scale rankings for the firm
- A Partner’s Tragic Death Unveils Mental Health Issues in the Law . . AgainSonia Hickey, LawFuel Contributor Mental health issues in the law have once again taken center stage following the tragic death of a key Pinsent Masons’ partner, who died in the course of exhausting work hours completing a major deal, and where she had consumed significant alcohol and was struck by a train. Pinsent Masons’ managing… Read more: A Partner’s Tragic Death Unveils Mental Health Issues in the Law . . Again
- Hourly Rate Unveiled: Lawyers Pursue $6 Billion Legal Fee Tied to Musk’s Pay PackageRecord Legal Fee Request Tom Borman, LawFuel contributing editor We reported recently on a record-breaking ‘first’ billion dollar legal fee in the Elon Musk executive compensation case – but away under-estimated – with the fee looking at several billion more. The lawyers who successfully challenged Elon Musk’s $56 billion compensation package as excessive are now… Read more: Hourly Rate Unveiled: Lawyers Pursue $6 Billion Legal Fee Tied to Musk’s Pay Package
- Lawyer’s Dream: Pogust Goodhead Shifts the Paradigm with Million-Pound Salaries in New Law Pay ScaleLaw firm pay scale shakeup in London has seen huge money paid to junior lawyers in a major shakeup on the London law scene
- AI Law Firm Backfire: New York Law Firm’s Attempt to Justify Fees with ChatGPT Faces Judge’s RebukeLaw firm AI dangers from ChatGPT and other AI tools lie ahead with a cautionary tale about a New York law firm
- How The LegalWeek Conference Was Marred by Sexual Harassment IssuesSexual harassment in the law has long been an issue, but the recent LegalWeek conference has seen how the issue remains a major concern within the legal profession. The ‘LegalTech’ conference was marred by multiple instances of harassment, highlighted in a LinkedIn post from Deloittes VP of global solutions which was posted at the beginning… Read more: How The LegalWeek Conference Was Marred by Sexual Harassment Issues
- Regulated UK Law Firms Battle Surge in Financial Crime, Says SurveyA concerning trend has emerged among regulated firms, with 42 percent reporting an increase in attempts of financial crime according to a recent survey of UK law firms, while over a quarter acknowledge falling victim to such activities. In 2023, nearly half (48 percent) of legal professionals, including solicitors and conveyancers, observed a surge in… Read more: Regulated UK Law Firms Battle Surge in Financial Crime, Says Survey
- Cracking the Law Firm Gender Diversity Code: Wheatly MacNamara Cracks The Glass Ceiling At Simpson Thacher’s London OfficeSimpson Thacher & Bartlett has appointed Wheatly MacNamara, a seasoned real estate lawyer, as the upcoming managing partner of its London office, reflecting a trend towards greater law firm gender diversity, particularly US-based law firms. MacNamara becomes the first woman to hold this position at the top 15 US firm, (which just misses the LawFuel… Read more: Cracking the Law Firm Gender Diversity Code: Wheatly MacNamara Cracks The Glass Ceiling At Simpson Thacher’s London Office
- Legal Eagles in Flight: Orrick’s Loss Becomes Hogan Lovells’ and BonelliErede’s Gain in Dual Power MovesA significant shift in personnel has occurred at the law firm Orrick Herrington & Sutcliffe, with two separate teams making notable departures. Firstly, a team comprising more than 30 individuals, including 23 Finance and M&A lawyers led by Patrizio Messina, has moved to Hogan Lovells which, like Orricks, is a member of LawFuel’s elite ‘most… Read more: Legal Eagles in Flight: Orrick’s Loss Becomes Hogan Lovells’ and BonelliErede’s Gain in Dual Power Moves
- Insight into the Legal Minds: Advocates in the Trump Ballot CaseThe Donald Trump catalog of legal battles continues to occupy both column inches and file rooms, but the Trump ballot case has created issues at the pointy end of the Trump tableau of troubles. But who are the lawyers involved in that constitutional battle before the US Supreme Court? The New York Times looked at… Read more: Insight into the Legal Minds: Advocates in the Trump Ballot Case