The Slow Sinking of The Pierce Bainbridge Ship – And The Case of Its $9 Million Crew

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• Record £534m PE Cash Floods UK Law Firms With AI As the Rocket Fuel
  If you’re a lawyer watching your firm’s P&L or thinking about the next tech upgrade, here’s the headline you can’t ignore: private equity poured a record £534 million into UK law firms in 2024, which is a chunky 42% jump from £377m the year before. Over the past five years that’s more than £1.2 billion of fresh capital heading into the sector.
• BigLaw’s $50K Public Interest Stipend War: What It Really Means for Law Students
• Tiger Woods Arrested for DUI Again — What Florida Law Really Means for Him Now, and the Elite Lawyers Who Fight These Cases
• London Law Boss ‘Spitting Feathers’ Over Partners’ Sexual Harassment Pattern
  The boss of one of the London’s elite insurance law firms has taken the extraordinary step of personally overseeing misconduct complaints after rising allegations of bullying and sexual harassment among senior partners, shining a fresh, unflattering light on law firms’ ongoing struggle to clean up their cultures. Read more . .
• The $11 Million Club – BigLaw’s Partner Profit Machine Just Broke Another Record — And The 2026 Rankings Haven’t Even Dropped Yet
• Ropes & Gray Raids Latham & Watkins for Eight-Lawyer Paris PE/M&A Team
  In a bold lateral strike that underscores the fierce talent battle in Paris Big Law, Ropes & Gray has snapped up a high-powered eight-lawyer private equity and M&A group from rival Latham & Watkins. The move, confirmed by multiple sources including The Lawyer andLaw.com International, brings three partners — Denis Criton, (pictured) Gaëtan Gianasso, and Michael Colle
• Jay Lefkowitz, Kirkland Partner Who Represented Epstein, to Retire from Firm This Spring
• White & Case Hits $3.6bn — And It’s Just Getting Warmed Up
• $11 Million a Partner -The Big Law Pay Story That Makes Every Other Firm’s Numbers Look Modest
  Kirkland & Ellis just changed the frame for the entire industry If you write about lawyers for long enough, you make a quiet peace with the gap between your pay packet and theirs. This week, however, Kirkland & Ellis has made that gap feel almost cosmic. Equity partners at the world’s highest-grossing law firm averaged $11.1 million each for 2025 – a 20% increase on 2024. The major money figure places Kirkland’s partners in the earnings bracket of a top Premier League footballer, at roughly £22,500 a day. The firm simultaneously became the first law firm in history to break $10 billion in revenue, posting $10.56 billion for the year.
• The Private Equity Lawyer Who Will Run Weil Gotshal
  When Weil, Gotshal & Manges announced last week that Ramona Y. Nee will succeed Barry Wolf as Executive Partner from January 2027, the news landed with the quiet inevitability of a deal that everyone saw coming. Wolf, who has steered the firm for 16 years, called her “uniquely suited.” He was not exaggerating. For nearly a quarter-century Nee has been the quiet engine of Weil’s U.S. private equity practice and the beating heart of its Boston office. Now the firm is handing her the keys.
• Is This The Billable Hour’s Last Stand? Anthropic’s Top Lawyer Thinks So
  The legal profession has survived recessions, regulatory upheavals and the occasional partner meltdown. But the next threat to BigLaw’s favourite revenue model may come from something far less dramatic. A machine that reads faster than any associate and which could spell the end of the infamous ‘billable hour’, which has been touted as being in its end time for some time. According to Jeff Bleich, general counsel at AI company Anthropic, (pictured) the traditional billable hour could soon be on borrowed time.
• DLA Piper Makes A Big Bet By Ditching the Verein for a New Global Structure