Dossier
legal industry
Coverage of legal industry in the Nexus archive.
- Why the CEO of an elite law firm sees AI driving more deals
Hogan Lovells CEO Miguel Zaldivar led the largest legal merger in history by combining with Cadwalader, Wickersham & Taft to create a top-five global law firm. The merger addresses a New York practice gap and aims to scale operations as AI transforms the legal industry, requiring increased resources and technological investment.
- Cooley CEO: Big Law won’t survive if it treats AI as just an efficiency tool
Cooley CEO argues that Big Law firms cannot survive by viewing AI solely as an efficiency tool. The legal industry faces disruption as AI challenges traditional models like the billable hour, requiring firms to prioritize client outcomes and value-based pricing over time-based billing.