Jon Campisi

1 week ago | law.com | Jon Campisi

Generative AI is most likely to change the pricing and profits of transactional practices first, while effects on large litigation matters may lag. The end of the billable hour has been prophesied for years. But as the steady adoption of artificial intelligence upends how legal work gets done, the promised efficiencies from automation are most likely to emerge in certain elements of deal work, like due diligence and contract review and analysis.

1 week ago | law.com | Jon Campisi

Kirkland & Ellis announced the hire Wednesday of a three-partner M&A team from Skadden, Arps, Slate, Meagher & Flom, on the heels of landing a 13-partner mass tort group from King & Spalding at the start of the week. Partners Graham Robinson, Laura Knoll and Chade Severin will be joined in Boston with approximately 15 associates from Skadden. Robinson was the head of Skadden's Boston office.

1 week ago | law.com | Jon Campisi

K&L Gates has promoted Stacy Ackermann to global managing partner and Rick Giovannelli to management committee co-chair, the firm announced Tuesday. Effective July 1, Ackermann will take the reins from current managing partner Jim Segerdahl, who opted not to seek a third term. Giovannelli will serve as co-chair of the firm's management committee alongside Michael Caccese, who will leave his leadership post in June 2026 after serving in the position for nine years.

1 week ago | law.com | Jon Campisi

K&L Gates has promoted Stacy Akermann to global managing partner and Rick Giovannelli to management committee co-chair, the firm announced Tuesday. Effective July 1, Ackermann will take the reins from current managing partner Jim Segerdahl, who opted not to seek a third term. Giovannelli will serve as co-chair of the firm's management committee alongside Michael Caccese, who will leave his leadership post in June 2026 after serving in the position for nine years.

2 weeks ago | law.com | Jon Campisi

Private equity has successfully made its mark on a host of American industries, including some professional services businesses, and the law firm world is an enticing next target, even with rules of professional conduct for attorneys that serve as a stiff barrier for entry. In all but two U.S. states, nonlawyers are generally prohibited from having an ownership stake in law firms. This has served as a hurdle for PE firms who eye the law firm business as a potential cash cow.