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5 Ways AI Strengthens Client Relationships and Revenue Generation

A recent article published by Law.com on June 6, 2024, “‘This Is Your Time’: AI Gives In-House Counsel Unprecedented Leverage,” covered the keynote panel of corporate counsel at the Legal Innovators’ conference.  In the discussion, speakers listed several ways that in-house counsel are leveraging AI-tools for research, contract review, building…

Clifford Chance Adapts Associate Bonus System in US-Style Shift

Clifford Chance has adapted how it calculates its associate bonuses in what is being described as a “move towards” a more U.S.-style associate bonus pay structure, according to several people close to the matter. One of the people said that, while the firm continues to champion “well-rounded” performances from its juniors,…

Gibson Dunn Secures Defense Win for HSBC in ‘Trade Secrets’ Lawsuit

A defense team at Gibson, Dunn & Crutcher scored a win for HSBC Holdings in a trade secret theft suit launched by First Citizens Bank and Trust Company in the aftermath of Silicon Valley Bank’s 2023 collapse. In an order released Tuesday in the California Northern District Court, Magistrate Judge Laurel Beeler dismissed most…

Ashurst PE Duo Walk to O’Melveny in London

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A&O Profits Hit £1B in Run Up to Merger

Allen & Overy’s financial results show that the firm made pre-tax profits of £1 billion in the year before its merger with Shearman & Sterling to form A&O Shearman. This an increase of over 17.2% on the £892 million profit made by the firm in 2023.