Who are the leaders of the legal industry? Bloomberg Law’s Leading Law Firms list, now in its second year, recognizes the top performers across the key pillars of finance, growth, talent, and tech & innovation. The list identifies which firms—big or small, based in the US or abroad—are raising the bar for their competitors. Check out the list and dig in to the data now.
Generative AI is forcing law firm leaders to chart their own course. It is true strategic competition, something rarely so visible in Big Law outside of the lateral hiring horse race.
A federal judicial committee unanimously approved a revised disclosure rule for organizations submitting friend-of-the-court briefs in appellate cases.
Rocade Capital announced Wednesday it acquired litigation funder Law Finance Group LLC, creating a combined platform of more than $2.3 billion in deployed capital.
Milbank LLP is raising salaries for its associates, a move quickly followed by McDermott Will & Schulte.
A deals boutique based in Los Angeles sold a position in their back-office functions to a private equity firm, employing a corporate structure that is increasingly gaining a foothold in the legal profession.
Private equity is aggressively investing in personal injury firms, offering their lawyers a cut of the wealth generated by the deals.
Non-lawyer financiers like Uplift Investors’ Orion Legal have been moving into the personal injury sector by acquiring back-office functions using a mechanism called a managed services organization.
Columnist David Lat says several factors could lead successful attorneys to commit insider trading, including rationalization, opportunity, and the belief that they won’t get caught.
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