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Law firms’ trends

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19 Jul
Embracing Change: New York Law Firms Embrace the Four-Day Office Rule
Category: All, Law firms’ trends
New York law firms are leading the way in adopting a progressive work model: the four-day office rule. This innovative approach allows legal professionals to work remotely for a po...
28 Jun
📢 Saudi Arabia Emerges as a Hotspot for Elite Law Firms Amid Global M&A Drought
Category: All, Law firms’ trends
Saudi Arabia’s surge in dealmaking activities has captured the attention of top-tier law firms worldwide, seeking to offset the decline in mergers and acquisitions (M&A) ...
13 Jun
Pioneering DEI in the Legal Landscape: Inspiring Examples from Top AM Law 100 Firms
Category: All, Law firms’ trends
🌟 In the dynamic world of law firms, the recognition of diversity, equal opportunities, and inclusion has gained paramount importance. Many leading AM Law 100 firms are inv...
02 Jun
Allen & Overy and Shearman & Sterling Announce $3.4bn Merger
Category: All, Law firms’ trends
In one of the most significant transatlantic legal deals in history, UK-based “magic circle” law firm Allen & Overy and New York’s Shearman & Sterling are...
26 May
🚀 Embracing the Future: Major Law Firms Harness the Power of AI Tools 🤖⚖️
Category: All, Law firms’ trends
The growth of AI models based on large language models has been remarkable since the introduction of OpenAI’s ChatGPT last November. These models are capable of generating te...
18 May
📢 Exciting Shift in Legal Careers: Generation Z Prefers Work-Life Balance and Values Alignment 🌟💼
Category: All, Law firms’ trends
According to a survey conducted by Major, Lindsey & Africa, a leading recruitment firm, Generation Z, born between 1995 and 2012, is showing a decreased interest in joining the...
11 May
Generative AI Could Automate Almost Half of All Legal Tasks
Category: All, Law firms’ trends
As technology continues to advance, the potential for automation in the legal industry is becoming increasingly clear. According to a new estimate from Goldman Sachs, generative AI...
03 May
US and International Law Firms Expand in Munich Fueled by M&A and Private Equity
Category: All, Law firms’ trends
International and U.S. law firms are continuing to invest in Germany, with cross-border mergers and acquisitions (M&A), finance, and private equity hires driving legal market g...
27 Apr
How the Dealmaking Drought Impacted Partner Pay at Top US Law Firms in 2022
Category: All, Law firms’ trends
The pandemic, higher interest rates, and geopolitical tensions have led to a decrease in the profitability of major US law firms, as dealmaking has slowed. According to an article ...
20 Apr
AI Tools in the Legal Industry: Survey Reveals Growing Adoption and Potential Benefits
Category: All, Law firms’ trends
According to a recent survey by Thomson Reuters, the legal industry is on the cusp of a major technological shift. The survey found that 71% of law firms are already using artifici...