Asset management pioneer Franklin Resources, advised by Willkie Farr & Gallagher, agreed to acquire its rival Legg Mason Inc. in a deal to create a global investment manager with a combined $1.5 …
Kirkland & Ellis lawyers for Motorola Solutions last week got a $765 million verdict in an intellectual property case in which the company accused a Chinese-based competitor of using former Motorola …
The American Bar Association passed a resolution encouraging state bars to explore innovative approaches to access to justice by voice vote on Monday, after several days of behind-the-scenes …
An upcoming report from a leading legal ethics group could add significant momentum to the growing movement to bridge the chronic legal services gap for middle-class and poorer citizens.
A resolution before the American Bar Association to address the access to justice crisis has been amended a second time in order to gain support from state bar leaders aligned against the proposal.
Covington & Burling said a solid overall performance of its practices, plus a ripening of some of its longer term investments, pushed gross revenues up 6.3% in 2019, to $1.187 billion, roughly …
Cooley in 2019 capped 10 straight years of growth with 8.4% expansion of its gross revenue, to $1.33 billion, with its average profits per equity partner gaining 6.4%, to reach $2.54 million.
Novartis AG is demanding that its 22 “preferred” Big Law firms make specific diverse staffing commitments for each engagement with the pharma giant—or face punishment in the form of reduced payments.
Proposed changes to law firm ownership rules in several states have set the stage for a fierce debate at an upcoming American Bar Association conference that could open the door to new models for …
Legal industry revenues grew 5.3% in 2019, which was slower than in 2018 but still “solid,” according to a new report based on a survey by Citi Private Bank.