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Law Firm Mergers Up 21% in First Half of 2025

Law firm mergers surged 21% in early 2025, led by major deals like Herbert Smith Freehills–Kramer Levin and the Schulte–McDermott merger approval.

Jul 02, 2025
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Tech Firms Target PTO's Discretionary Denials with Rare Mandamus Appeals

SAP and Motorola challenge the PTO’s patent review procedures at the Federal Circuit, testing the limits of mandamus in a clash over PTAB authority.

Jul 02, 2025
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Clio Acquires vLex for $1 Billion in Major Legal Tech Deal

Clio acquires AI-driven legal research firm vLex for $1B, expanding into enterprise law with Vincent AI, Docket Alarm and global legal data coverage.

Jul 01, 2025
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1 in 5 U.S. Law Firms Suffer Cyberattacks Amid Rising Threats

A Proton study finds 20% of U.S. law firms were hit by cyberattacks in the past year, highlighting gaps in breach response and the evolving risk landscape.

Jul 01, 2025
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McDermott, Schulte Partnerships Vote to Approve Merger

McDermott Will & Emery and Schulte Roth & Zabel partnerships voted to merge, creating a top-20 U.S. firm with over 1,750 lawyers effective August 1, 2025.

Jun 27, 2025
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Perkins Coie Confirms Layoffs Following Fallout From Trump-Linked Executive Order

Perkins Coie lays off 5% of staff, citing operational strategy, amid lingering effects of Trump-era executive order and internal morale concerns.

Jun 24, 2025
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FTC Clears Omnicom-Interpublic Merger With Conditions on Ad Boycotts

The FTC approved Omnicom's $13.5B merger with Interpublic, barring coordinated ad boycotts based on political content and imposing compliance oversight for five years.

Jun 24, 2025
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Harvey AI Hits $5B Valuation Amid Legal Tech Expansion

Harvey AI secures $300M Series E funding, doubling valuation to $5B, and outlines expansion into adjacent professional services beyond legal.

Jun 24, 2025
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Visa, Mastercard Settle $198 Million ATM Fee Lawsuit

Visa and Mastercard settle a $198 million lawsuit involving inflated ATM fees, bringing an end to a long-standing antitrust case.

Jun 23, 2025
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Health Tech Startup Alleges Doximity Used Prompt Injection to Steal AI Trade Secrets

OpenEvidence sues Doximity and Pathway Medical over prompt injection attacks, claiming reverse engineering of its proprietary AI technology.

Jun 23, 2025
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Puerto Rico Allows Non-Lawyer Ownership of Law Firms

Puerto Rico's Supreme Court approves non-lawyer ownership of law firms, a move diverging from traditional ethics rules with implications for legal practice.

Jun 19, 2025
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LexisNexis Partners with Harvey in Strategic AI Alliance

LexisNexis integrates core research tools into Harvey's AI platform, reshaping legal workflows and reinforcing its place in the legal AI ecosystem amid platform competition.

Jun 18, 2025
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