This changes everything. That was the mantra back in 2008 when the financial markets collapsed, and the futurists in the legal field said that the relationship between clients and law firms was changed forever. No longer would general counsel pay exorbitant hourly fees to the big law firms. And the firms had better learn how […]
The Association of Corporate Counsel (ACC), continuing to extend its global reach, has named its 2020 officers and newly elected members of the global board of directors. The 2019 officers are: Chair: Anneliese Reinhold, general counsel &
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Legal Industry
Operations
Legal ops, once exclusive to in-house legal departments, now moves
Just when you’ve got your department to hire legal operations professionals, along comes a new trend. Bloomberg Law, as part of its “Bloomberg Law 2020” series, says that the discipline is spreading to law firms
Cloud-based legal tech provider Clio has just release what it calls the legal industry’s largest nation-wide assessment of client services among law firms. And the result’s sobering. To cut to the chase, law
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Interviews
Legal Industry
Endeavor’s deputy GC wears three hats in his dream job(s)
Riche McKnight has, for an in-house lawyer, a dream job. Perhaps we should say “jobs.” He’s the deputy general counsel of the colossal entertainment agency Endeavor. And he’s the general counsel of one
High Tech and Biotech
Legal Industry
News
You’re using tech more, especially AI, and “pervasive” risk makes
Legal departments, and their top lawyers, have become more and more important to their companies. And to cope with all the work they have to do, in-house lawyers are increasingly turning to sophisticated technology. Those
After 17 years at the helm of Intesa Sanpaolo’s legal and litigation department, Elisabetta Lunati, one of Italy’s most influential corporate lawyers, retired this summer. The former group general counsel has remained available for
Legal Industry
Litigation
News
French member of parliament proposes boosting privilege for in-house attorneys
Attorney-client privilege is one of those third-rail issues that evoke strong reactions in both attorneys and laypeople. In the United States, the privilege is pretty robust, for both lawyers in private practice and in-house. Not
Top in-house lawyers’ compensation hit a five-year high last year. Why? An ever-expanding job meant more material rewards, said Bloomberg in a report yesterday. The report says that median compensation for general counsel of the 500
There’s good news and bad news for your outside counsel. According to a recent survey, cited by Bloomberg’s Big Law Business blog, large law firms are more profitable than ever. But there’s
