A Bloomberg Law analysis of the largest 18 law firm mergers over the past 15 years
reveals that two-thirds of these firms increased profits per partner and revenue per lawyer at a slower pace than competitors.
The Legal Disruptors 2025 Report from Summize found that 89% of companies use AI tools, but 53% have no formal AI mandate in place. Without structured guidance, many legal teams risk falling behind or unintentionally exposing their companies to security and compliance risks.
The Arizona Supreme Court is asking Big Four firm KPMG for more details on its bid to deliver legal services in the state, under an alternative business structure program. There are yet no specifics or timeframe as to when the court will make a final decision.
Chief legal officers face increasing litigation, regulatory scrutiny, and growing strategic roles, with many turning to technology to enhance efficiency.
Law firms and in-house legal teams face potential technological debt from rapid tech adoption without strategic planning, risking inefficiency and increased costs.
The Supreme Court lifts an injunction, allowing enforcement of the Corporate Transparency Act, while legal debates over its constitutionality continue in the 5th Circuit.
Big Law increasingly employs deferred compensation and clawbacks to deter partner movement, as firms strive for innovative approaches to talent retention
LexisNexis announced the general availability of Protégé, a personalized artificial intelligence assistant for legal work, which includes a variety of features, including agentic AI, and enhanced personalization.
President Donald Trump has signed an executive order establishing a cryptocurrency working group to create new regulations, explore a national digital asset stockpile, and promote blockchain innovation.
The U.S. Supreme Court allows the Corporate Transparency Act's enforcement, mandating most U.S. businesses to report ownership details to FinCEN. The Fifth Circuit will hear further challenges to the law on March 25.
