The escalating trade tensions have begun to seep into the legal tech industry, where the impacts may be felt far beyond increased tariffs. According to recent analysis, legal tech companies could face challenges in accessing global markets as digital services taxes and non-tariff trade barriers are imposed in retaliation against American tariffs. The predicament worries…
Boies Schiller Flexner’s financial performance saw a significant boost in 2024, with the firm’s gross revenue increasing by 57.5% compared to the previous year. This surge was largely driven by payouts from contingency fees, contributing more than 40% to the total revenue. In addition to this, a rise in demand from paying clients also played…
Paul Hastings is enhancing its global energy and infrastructure practice, with strategic hires in Paris. The firm has launched a new practice in the French capital by recruiting a team from White & Case, including partner Xavier Petet and associate Valentin Morichon. Additionally, a partner was brought on board from Hoche Avocats. The new Paris…
In a recent decision by the High Court of South Africa, Indian pharmaceutical giant Cipla has encountered a setback in its trademark battle against South African competitor Adcock Ingram. Justice James Lekhuleni ruled that Cipla’s antibiotic trademark, FURIZOME, bears too close a resemblance to Adcock Ingram’s URIZONE. The court found that the similarity between the…
The Law Society of Ontario (LSO), one of North America’s oldest legal regulators, is facing scrutiny following an investigation that revealed a CA$1 million pay raise for its CEO was approved by a former treasurer without consulting the board of directors. This has led to calls for an independent review of the Society’s self-regulating governance…
The Ontario Law Society, one of North America’s oldest legal regulatory bodies, finds itself embroiled in controversy following a substantial pay increase for its CEO that allegedly lacked proper approval. This development comes at a critical juncture, as a contentious election for the Law Society of Ontario (LSO) treasurer approaches in June. The pay raise,…
In the recently released 2025 Am Law 100 report, it was highlighted that sixty-eight law firms have shown significant growth in their profits per equity partner (PEP), achieving a year-over-year increase of at least 10%. This marks a substantial rise when compared to the previous year, where only 37 firms reported similar growth rates. For…
The Law Society of Ontario, one of North America’s oldest legal regulators, is facing scrutiny following revelations of a nearly CA$1 million CEO pay raise approved without consultation with its directors. This unapproved pay increase has sparked a call for an independent review of the society’s governance structure, which has been self-regulating for centuries. The…
Shane Hardy and Brigeeta Richdale, former partners at Cozen O’Connor, have transitioned to positions at Gowling WLG’s intellectual property group. The move, partly influenced by a dynamic trade environment, sees Hardy and Richdale settling into roles in Toronto and Vancouver, respectively. They have expressed a desire to concentrate more on client matters, aiming to minimize…
Don Liu, who recently concluded his tenure as chief legal and compliance officer at the American retail giant Target, has been appointed as the chief legal officer at Flutter, a UK-based company known for its ownership of the online sports betting platform FanDuel. Liu’s appointment marks the end of a brief retirement following an extensive…
In its sixth annual report, the activist group Law Students for Climate Accountability (LSCA) has spotlighted five law firms as the “worst” actors due to their involvement in fossil fuel litigation. The firms identified are Paul, Weiss, Rifkind, Wharton & Garrison, Gibson Dunn & Crutcher, Arnold & Porter, Kellogg Hansen, and Baker Botts. This designation…
The shortlist for the African Legal Innovation & Technology Awards 2025 has been unveiled, with notable recognition for Webber Wentzel and ALN. ALN has secured the top position in nominations, with eight acknowledgments across various categories, underscoring its significant presence in the African legal innovation landscape. The awards span multiple areas, featuring both private practice…
Global 100 law firms Dentons and Clyde & Co have recently announced their partner promotions for the year 2025. Dentons, ranked as the 13th largest firm globally by revenue, has appointed 10 new partners across its U.K., Ireland, and Middle East (UKIME) regions. Meanwhile, Clyde & Co has seen a rise in partner promotions, which…
Within corporate settings, in-house lawyers frequently confront perceptions of being obstacles to strategic progress. However, acknowledging the importance of their inherent skill sets in strategic decision-making is key. Despite often fixating on the absence of MBAs or accounting credentials, the analytical thinking, problem-solving, and pattern-spotting abilities of experienced lawyers position them well for strategic roles….
Two years after the eruption of Sudan’s civil war, the legal community in Khartoum finds itself amidst chaos and displacement. The ongoing conflict has led to the death of at least 20,000 individuals and has displaced millions, including numerous lawyers who once resided and practiced law in the capital. Law firms such as ALN and…
Since the outbreak of civil war in Sudan two years ago, the country has witnessed profound upheaval, with at least 20,000 lives lost and millions displaced. Among those impacted are the legal professionals who once resided and practiced in Khartoum. Law firms such as ALN and Matouk Bassiouny have been compelled to make difficult decisions,…
Scott Harris, formerly the managing partner of the Australian arm of Hogan Lovells, has joined the Australian firm Hall & Wilcox as a restructuring and dispute resolution partner based in Sydney. This move comes in the wake of Hogan Lovells’ exit from Australia, which took place last month. Harris is the latest partner to secure…
In light of recent developments, at least seven major law firms have made discreet modifications to their online statements regarding diversity, equity, and inclusion (DEI) commitments. This action comes as the deadline set by the Equal Employment Opportunity Commission (EEOC) to disclose diversity data has passed. The firms, including Debevoise & Plimpton; Ropes & Gray;…
The decline of single-tier partnerships is a notable trend in the legal industry. Firms are increasingly shifting towards nonequity tiers, attributing this move to talent management strategies. However, a decade’s worth of data suggests that the introduction of nonequity tiers significantly impacts profitability growth. This shift is reshaping traditional partnership structures and raises questions about…
Paul, Weiss, Rifkind, Wharton & Garrison has announced the addition of Cameron Roper as a finance partner in its London office. Roper, who has spent over five years at Proskauer Rose, will be the first partner in London to concentrate on fund finance, marking a significant expansion of the firm’s capabilities in this area. For…
DLA Piper is expanding its use of a lawyer training program that incorporates generative AI, a technology initially trialed last year. The program, named ‘advanced negotiations and structuring academy’ (ANSAi), offers a six-week training course focused on negotiation skills. Participants are involved in a simulated high-stakes sustainable fuel project in Greenland, though the setting is…
In a notable development, four South African law firms have initiated legal proceedings against the South African government, challenging aspects of its Black Economic Empowerment (BEE) law. Among these firms is Webber Wentzel, who has intriguingly opted to contest the BEE legislation in court despite actively promoting its requirements internally by implementing measures designed to…
In a paywalled article on Law.com, recent attacks on law firm offices, such as the vandalism at Keystone Law’s London headquarters, are discussed by two former senior police officers. This incident highlights a growing trend of reprisals targeting top law firms. Despite swift efforts to clean up the damage, the incident raises significant concerns about…
In a robust performance for 2024, the Am Law 100 reported double-digit gains in both collective revenue and net income, underscoring a year of significant growth for the largest law firms by revenue. Despite these impressive financial metrics, the legal landscape in 2025 presents a “new and changed world,” indicating shifts and adaptations within the…
The 2025 Am Law 100 rankings have been released, using gross revenue as the main metric for evaluation. One of the standout updates for this year is that fifty-eight law firms have reported gross revenues exceeding $1 billion in 2024, marking an increase of four firms compared to 2023. In terms of firm positioning, six…