Law Firm Business
BigLaw strategy, revenue, profitability, lateral partner moves, firm mergers, and partnership economics
Norm Law Opens DC Office; Datagnome Launches AI Legal Platform
Norm Law expands to DC to serve federal clients; Datagnome debuts AI contract review platform to boost legal efficiency in August 2026.
Luigi Mangione Pleads Guilty to Killing UnitedHealthcare CEO
Luigi Mangione pleaded guilty on Aug 14, 2026, to stalking and killing UnitedHealthcare CEO Brian Thompson with a 3D-printed gun, highlighting jurisdictional and legal challenges.
Survey: Lack of Stakeholder Buy-In Hampers Early Legal Tech Selection
A UK survey reveals that over half of legal departments struggle with stakeholder buy-in during early legal tech adoption, impacting budgeting and software choices.
Secret Service Sees 40% Rise in Threats Before Correspondents' Dinner
The Secret Service reports a 40% increase in threats ahead of the rescheduled White House Correspondents' Dinner, raising complex legal and operational challenges.
Opensity Solutions Launches Law Firm MSO Practice with Rob Morris
Opensity Solutions announced a Law Firm MSO practice to modernize law firm operations, led by legal veteran Rob Morris.
Setfords Launches Custom Platform for Self-Employed Consultant Lawyers
UK law firm Setfords launches a proprietary legal tech platform in April 2024 tailored to its consultant lawyers, integrating case, accounts, and practice management.
Elite Boutiques Outpace BigLaw with Swift Lateral Partner Moves
Elite boutique law firms lead lateral partner hiring and compensation agility, reshaping BigLaw competition in 2026.
Winston & Strawn, Taylor Wessing Merge to Form $1.75B Transatlantic Firm
Winston & Strawn and Taylor Wessing merged June 2026, creating 1,400-lawyer firm Winston Taylor with $1.75B revenue, reflecting global BigLaw growth.
Big Tech Expands Legal AI, Shaking Up Law Firm Competition
Major law firms and Big Tech companies accelerate AI legal tools development, reshaping legal services and market rivalry.
Davis Polk, Cravath Match Milbank’s $225K Associate Salaries in 2026
Major U.S. law firms, led by Milbank, have increased first-year associate salaries to $225K as of July 2026, intensifying compensation competition.
Winston & Strawn Sees Partner Exodus in Texas Amid Merger Plans
More than a dozen partners have left Winston & Strawn's Texas offices amid its 2026 merger with Taylor Wessing, signaling internal disruption.
Boutique Firms Lead BigLaw in Speedy Associate Pay Raises
Boutique law firms in the US are outpacing BigLaw with faster, higher associate salary raises, reshaping talent management.
BigLaw Firms Shift Partner Pay with Bonuses and Performance Cuts
BigLaw firms like Debevoise & Plimpton are changing partner pay with bonus pools and possible mid-year cuts, affecting retention and morale.
Kirkland Tops $10B Revenue as BigLaw Partner Pay Gaps Widen
Kirkland & Ellis tops $10.6B revenue in 2025; BigLaw sees growing partner pay gaps and a 9.4% rise in lateral partner hiring impacting firm economics.
Milbank Sparks 2026 BigLaw Pay Race with New Associate Salaries
Milbank's June 2026 associate salary hikes have triggered swift matching by firms like McDermott and Susman Godfrey, shaping BigLaw pay trends.
AI’s Legal Shake-Up Mirrors Interstate Highway Revolution
Legal professionals face transformative AI impact akin to interstate highways, reshaping practice culture and operations.
BigLaw Firms Escalate 2026 Pay War with Higher Associate Salaries
In 2026, major U.S. law firms like Milbank and Susman Godfrey raise associate salaries and bonuses aggressively, intensifying recruitment competition.
Boutique Firms Match Milbank's $455K Salary, Lead Litigation Rankings
Milbank and elite boutiques align associate salaries at $455K, reshaping litigation firm compensation and recruiting for legal pros.
BigLaw Profits Soar as Firms Tighten Equity Partnership Doors
Leading US law firms report record profits but limit equity partner promotions amid shifting partnership models.
Susman Godfrey’s 2026 Salaries Competitive but Vary vs. Market Raises
Susman Godfrey’s 2026 salary scale offers competitive pay above market for mid-level associates but aligns or trails at entry level amid BigLaw raises.