Jon Campisi

Dilworth Paxson co-managing partner Patrick Northen said the new team, arriving from Scarinci Hollenbeck, "reflects our continued investment in top-tier talent to meet growing client demand."

One M&A adviser focused on the legal industry predicts the first Big Law MSO deal will come from the Second Hundred—potentially later this year. "In the Second Hundred, you still have founders that are active in their firms."

Michiel Visser arrives at Broadfield from Sidley Austin, and Patrick Flanagan comes to the firm from Cooley. The two Am Law 50 alums join lawyers with experience at Dentons, White & Case, Venable and other firms.

A new report by a global leadership consultancy shows that law firm clients would like billing to decrease if their lawyers incorporate AI use in legal work, but they simultaneously want more man hours spent on human oversight and risk mitigation.

Current firmwide managing Partner Robert Hicks will serve until the end of 2017. He will then be succeeded by Minneapolis partner-in-charge Justin Weinberg. Chicago partner-in-charge Paul Jenson will serve as vice managing partner, a new role.

Mega deal M&A activity was up and middle market deal work increased year-over-year. But expenses—chiefly compensation—also swelled, according to Citi analysts.

‘Selling' the idea of an PE-backed, MSO arrangement to rank-and-file partners may be new, but it is analogous to the process underpinning past law firm mergers.

“The overarching theme seems to be that all the firms were very focused on growing out their corporate practices,” said Sarah Morris, co-office managing partner of the West Coast for recruiting firm Macrae.

Headline-generating AI hallucinations in the legal industry have some questioning whether carriers who insure lawyers may be looking to change future liability policies.

The Philadelphia-founded firm signed a 10-year lease for roughly 13,000 square feet of office space. The move takes the firm only about a block from its previous location in the city.