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London Lateral Hiring Has Busiest First Half in 5 Years

The first six months of 2024 has been the busiest first half for partner hiring at top London law firms for five years. In between January and June 2024, there were 100 lateral partner moves at Am Law 50 and Magic Circle firms, according to data from transatlantic recruitment firm…

Clio Raises 0M Series F to Reach B Valuation With Help From New Investors

On Tuesday, Canada-headquartered practice management software provider Clio announced that it raised $900 million in a series F round led by new investor New Enterprise Associates (NEA), with participation from additional new investors Goldman Sachs, Sixth Street, CapitalG and Tidemark. The round, which also included a handful of participating existing investors…

An Empirical Look at ‘Social Inflation’

Expert Perspectives on Biggest Court Cases Page Printed From: https://www.law.com/litigationdaily/2024/07/23/an-empirical-look-at-social-inflation/ Credit: Bart Sadowski/Adobe Stock ANALYSIS In a 103-page report released earlier this month, RAND Corporation researchers took a look at changes in court filings, jury verdicts in personal injury cases and insurance claims and concluded that the trendlines were “consistent…

Los Angeles Courts Reopen After Ransomware Attack Leads to One-Day Closure

Los Angeles courthouses will reopen Tuesday “with limited functionality” four days after a ransomware attack crippled computer networks across the nation’s largest trial court system. All 36 courthouses in the Los Angeles County Superior Court were closed Monday as technicians worked to bring databases and documents back online and law…