This company wants to be your law firm and legal AI tech provider in one

Avantia is betting that legal clients want a cost-effective law firm with AI-enabled software efficiencies baked into a hybrid legal service-product.

By Justin Bachman • Nov. 20, 2024

This lawyer stays close to SEC rules, both as in-house and outside counsel

Investment law specialist Courtney Posner has worked in-house for investment funds and large firms, with a close eye on securities regulators in both roles.

By Justin Bachman • Oct. 30, 2024

BigLaw partners hand over work to keep costs down, analysis shows

The bigger the firm, the smaller the percentage of partner work in the blended hourly rate, a review by Brightflag and Priori says. 

By Robert Freedman • Oct. 22, 2024

Politics in the workplace can become a nightmare for employers

Employers and HR teams must contend with a polarized electorate — also known as their employees — as the November U.S. election nears.

By Justin Bachman • Oct. 11, 2024

Can this marriage work? Legal tips for corporate M&A

Due diligence comes in many forms. The legal team’s assessment of the seller’s business problems has a big impact on the buyer’s decision to proceed or walk away.

By Justin Bachman • Oct. 10, 2024

Legal AI sees wide adoption but most teams unprepared for talent impact: survey

In-house counsel expect process efficiencies and cost savings but a majority say their companies aren’t ready for the change effects, ACC survey finds.

By Justin Bachman • Oct. 7, 2024

By looking elsewhere, companies send big law a message

Corporate clients are downsizing their panels, using more mid-sized firms and trying to do more in-house to cut costs and align work with their goals, a survey finds.

By Robert Freedman • Oct. 7, 2024

Conducting due diligence for true-crime shows like ‘Telemarketers’

Personal rights create a challenge for the legal team helping filmmakers get buy-in from insurers, distributors.

By Robert Freedman • Sept. 19, 2024

Hire the talent and not the firm: An alternative model for legal services

By working with an independent project manager, GCs can access legal talent that won’t face constraints in time, motivation and expertise that can impede the success of outside counsel engagement.    

By Jonathan Baum • Aug. 6, 2024

How big firms are trying to keep lawyers from burning out

Resource management efforts seek to match lawyers’ skills with legal matters and divide work more equitably, while treating career development as a crucial DEI element.

By Justin Bachman • July 24, 2024

Labor Department, challengers argue over ESG rule’s tiebreaker standard post-Chevron

A lawyer for the agency said he believes “the logic of the District Court's opinion would produce the same result” under the Loper Bright ruling.

By Lamar Johnson • Updated July 10, 2024

AI software use growing among in-house legal departments: report

Artificial intelligence remains a small newcomer in the legal tech toolbox but ‘dramatic growth’ is forecast, according to an in-house counsel survey.

By Justin Bachman • June 27, 2024

How a third-party auditor helps GCs lower outside counsel spend

In one business model, the service is said to be effectively free because the fee comes out of the savings that are generated.

By Robert Freedman • June 10, 2024

Company touts live bidding process to reduce outside counsel spend

By giving law firms a chance to adjust their proposals, legal teams can engage litigation or transaction work at a lower cost than initially proposed, a white paper says. 

By Robert Freedman • May 30, 2024

Taking the pulse on the IPO landscape: Part 2

Revisiting a conversation between Broadridge’s Jennifer Flynn and Cooley’s Yvan-Claude Pierre.

May 6, 2024

Taking the pulse on the IPO landscape: Part 1

A conversation between Broadridge’s Jennifer Flynn and Cooley’s Yvan-Claude Pierre.

April 29, 2024

GCs urged to act before employees become whistleblowers

By shifting the burden to employers, the Supreme Court’s Murray v. UBS ruling makes it crucial that executives not let employees feel ignored when they report concerns.

By David Weisenfeld • Feb. 23, 2024

61% of organizations faced regulatory proceedings in 2023, report finds

Survey respondents said state and federal regulatory changes are contributing to fears about increased exposure to regulatory disputes, according to Norton Rose Fulbright.

By Lyle Moran • Feb. 13, 2024

Law firms raised rates 6.5% to close 2023, report finds

Outside counsel also reduced their growth in expenses, which helped firms achieve profitability last year, according to Thomson Reuters.

By Lyle Moran • Feb. 12, 2024

Nearly 70% of law firm professionals use legal analytics

An expectation from clients that law firms use analytics tools is helping drive adoption, a LexisNexis and Lex Machina report found.

By Lyle Moran • Feb. 7, 2024

Data breach class actions are on the rise, report finds

The data breach cases also presented difficulties for the courts around issues of standing and uninjured class members, the Duane Morris report found.

By Lyle Moran • Feb. 6, 2024

42% of legal teams face cost-cutting mandates, ACC survey finds

One way many legal departments are aiming to reduce spending is by improving the efficiency of their operations.

By Lyle Moran • Jan. 30, 2024

2024 in-house legal outlook series: GCs, CLOs ready for hard decisions

Legal leaders look at practical generative AI use cases and get tough on outside counsel spend, among other priorities this year.  

By Lyle Moran and Robert Freedman • Jan. 29, 2024

Outside counsel management is a growing focus for in-house legal teams

An emphasis on cost control is prompting legal departments to scrutinize law firm rate requests and examine shifting work to other providers who cost less.

By Lyle Moran • Jan. 29, 2024

Law firm security breaches are fairly common, survey finds

The tech decision-makers surveyed said improved training and technology would help their law firms become better prepared to address cybersecurity threats.

By Lyle Moran • Jan. 22, 2024