The American Lawyer

King & Spalding partner Jamieson Greer, Trump's pick for U.S. trade representative, is the latest attorney expected to join Trump's second administration. https://lnkd.in/guqaJVcw

As its equity partner tier shrank, Polsinelli saw double-digit revenue growth in 2024 and a 31.2% surge in average profits per equity partner. The firm’s leader acknowledged Polsinelli’s equity tier saw “some de-equitizations and retirements” in the last year, contributing to a 15% decline in the equity ranks to 108 partners, while its nonequity tier grew by 14% to 473 partners. Revenue grew 12.6% to $964.1 million in 2024 and PEP jumped to $2.5 million. https://loom.ly/lyrfVpM

I attended an interesting session recently presented by Richard Susskind, a recognized expert on AI, on how the technology is poised to change the legal industry in the coming years. Check out my article in The American Lawyer: https://lnkd.in/eE5AygGE

The departure of a trio of practice leaders from Weil Gotshal & Manges came amid tensions in the partnership, including over the influence of the firm’s corporate department leader and the succession planning process, sources say. https://loom.ly/AnG93sQ

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"My fear is we're training [law school students] to become 20th century lawyers," said Richard Susskind, a U.K.-based professor and globally recognized authority on all things AI. https://loom.ly/vlzTUgA

Willkie Farr & Gallagher announced that it has promoted 19 attorneys to partner, six fewer promotions than last year but one more than in 2022. https://lnkd.in/g4_sdpsb

DLA Piper has been hit with a legal malpractice suit filed by two Houston companies that allege they hired Juan Manuel Barros to assist them with energy projects in Argentina, but "unfortunately, because Barros was not a real attorney, and wholly unqualified, the transactions failed, either due to incompetence or because Barros usurped those opportunities for his own." https://lnkd.in/gczEPWHx

Cravath announced late Tuesday that it will pay both year-end bonuses and "special bonuses" to firm associates that ultimately match Milbank's summer bonus scale. Early this morning, Paul Hastings and McDermott confirmed they are also matching. https://loom.ly/n5UIQGk

Litigators, I need YOUR feedback ???: What do ?YOU? want as a ?? for the holidays—both literally (gift guides help everyone) and figuratively (i.e. conceptual improvements? technological advancements? etc.) Please, let us at ALM, Law.com and Daily Report | ALM know in the COMMENTS below! Cedra Mayfield