Dispatch Media Inc. has acquired SCOTUSblog, the website with in-depth and breaking news coverage of the U.S. Supreme Court that was founded by Tom Goldstein and Amy Howe, a husband-and-wife legal team.
Legal technology company Clio announced Thursday that it acquired ShareDo, an artificial intelligence-focused platform specializing in large law firms.
KPMG has become the first Big Four accounting company to own a law firm in the United States after Arizona approved its participation in the state’s alternative business structure program.
U.S. law firms took a greater share of the mergers and acquisitions market in the United Kingdom in 2024, according to data that was published Wednesday.
A slightly lower number of partner promotions this year by Kirkland & Ellis is in keeping with the trend; new-partner class sizes in BigLaw have decreased an average of 4% this year, based on partnership announcements so far.
Mergers can lead to problems for both attorneys and their clients if certain issues and potential complicating factors are ignored, law firm consultants warn.
Kramer Levin Naftalis & Frankel announced plans Monday to merge with Herbert Smith Freehills, creating a “global legal powerhouse” law firm with more than $2 billion in combined revenue.
Law firm financials have improved for seven consecutive quarters, leading to a profitability score that is the second highest on record for the Law Firm Financial Index since its inception more than 15 years ago.
Womble Bond Dickinson and Lewis Roca Rothgerber Christie announced Tuesday that they will merge Jan. 1, 2025, to create “a powerhouse firm” of more than 1,300 lawyers.
A&O Shearman is cutting 10% of its global equity partners, closing its Johannesburg office in South Africa and terminating its consulting business, multiple legal publications are reporting.
Another survey shows an 11.4% year-over-year increase in law firm revenue for the first half of 2024, a percentage that is more than double the 4.4% growth for the same period last year.
