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This paper consists of insights from a study conducted by Onit, composed of two parts: comparing the performance of manual contract review and drafting versus using automation by new users of ReviewAI, and analysing reporting from a client to learn how time utilization changed after adopting ReviewAI.
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The Crossrail service has paid thousands in legal fees to a few select firms
Four US City firms have topped $10m in revenue per partner
Rising professional indemnity rates threaten to destabilise the market
One firm has set the precedent for a controversial WFH policy
Revenue per lawyer has jumped by 44 per cent in three years at Paul Weiss
All change for partners in the quartet right now
Allen & Overy is on the lookout for space in Dublin, as it seeks regulatory approval to practise from the Republic of Ireland capital. The Lawyer understands the purpose of the outpost is to accommodate the firm’s latest litigation addition David Herlihy, who joined the magic circle firm last month after more than 20 years […]
CMS has decided to introduce beehives across its UK and international offices as part of the firm’s new sustainability programme. The news comes five years after The Lawyer reported that Olswang’s 80,000 bees were looking for a new home ahead of its merger with CMS. CMS’s new initiative to bring in beehives coincides with World Bee […]
Latham & Watkins has dethroned Kirkland & Ellis as London’s largest US firm by revenue after overtaking its closest rival over 2021. Latham’s broad City practice, powered by consistent investment over recent years, sees it reclaim the number one spot in The Lawyer’s exclusive ranking of US firms in the UK by revenue it last […]
Kirkland & Ellis is one of two US firms set to open an office in Miami, recruiting lawyers to bulk out its headcount in the fledgling base. Four existing Kirkland partners will relocate to kickstart operations. They are Chicago trio Jeremy Liss, Matthew Arenson, Jeffrey Swatzell, who work in the firm’s corporate and private equity […]
Linklaters, Slaughter and May and White & Case have scored mandates on the sale of UK repairs company HomeServe to Toronto-based Brookfield Asset Management for a deal valued at £4bn. Brookfield said in a statement that HomeServe’s shareholders will acquire £12 a share in cash, which will be financed by equity drawn from funds from […]
Knights has continued its expansion with the acquisition of Coffin Mew. The acquisition will add 102 fee earners to Knights, which has expanded rapidly though mergers in the last few years. Prior acquisitions include Spearing Waite, ASB, Shulmans, Mundays, Keebles, Archers Law and most recently Langleys. Under the terms of the acquisition, Knights will acquire […]
