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Is Big Law Ending Its Roller Coaster Ride of Volatility?
It's still early in 2024, but law firms may finally be disembarking from a nearly four-year "roller coaster" of volatility, and returning to something that more closely resembles the pre-pandemic era.
A return to profit growth and a more normal baseline for other drivers of profitability in 2023, coupled with fresh optimism for a transactional rebound in 2024, have firm leaders and industry observers in recent weeks gesturing toward an idea that's often eluded them since at least the string of COVID shutdowns around this time in 2020: "normalcy."
"I don't anticipate anything more surprising than in past years, we'll put it that way," Bill Stoeri, managing partner of Dorsey & Whitney, said in a recent interview when asked about what he expects in 2024.
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'Huguenot LLC v. Megalith Capital Group Fund I, L.P.': A Tutorial On Contract Liability for Real Estate Purchasers
In June 2024, the First Department decided Huguenot LLC v. Megalith Capital Group Fund I, L.P., which resolved a question of liability for a group of condominium apartment buyers and in so doing, touched on a wide range of issues about how contracts can obligate purchasers of real property.
Strategy vs. Tactics: Two Sides of a Difficult Coin
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CoStar Wins Injunction for Breach-of-Contract Damages In CRE Database Access Lawsuit
Latham & Watkins helped the largest U.S. commercial real estate research company prevail in a breach-of-contract dispute in District of Columbia federal court.
The Power of Your Inner Circle: Turning Friends and Social Contacts Into Business Allies
Practical strategies to explore doing business with friends and social contacts in a way that respects relationships and maximizes opportunities.