Am Law 100 firm Taft Stettinius & Hollister is set to combine with Sherman & Howard in 2025, creating a legal powerhouse with over 1,000 lawyers and a projected combined revenue of $810M.
The global market for AI-related products is inflating at a rapid rate of 40% to 55% annually and will hit as much as $990 billion in 2027, as the technology’s quick adoption disrupts companies and economies, a Bain & Co. report said.
The number of abandoned mergers and acquisitions is at its highest in years, as the current U.S. administration is pursuing a more aggressive antitrust policy, pushing for more lawsuits and fewer settlements.
Google won its legal battle against the European Union regarding a $1.7 billion antitrust fine imposed by the bloc in 2019 for alleged anti-competitive practices in the online advertising sector.
The US Court of Appeals hears arguments today on whether TikTok will be banned unless its parent company, ByteDance, divests from the app, impacting millions of users.
The acquisition aims to integrate Evisort’s AI-native contract intelligence platform into Workday’s suite, unlocking critical insights from unstructured data.
Big Law firms are ramping up investments in their alumni networks, spending up to a few millions of dollars to nurture these relationships for the business and talent recruitment opportunities they provide.
As the price for high-profile laterals in Big Law increases, some nonequity partners are growing increasingly frustrated, feeling that they are subsidizing the compensation package of laterals
