The U.S. Department of Justice reached a settlement in the lawsuit filed last April by the American Federation of State, County and Municipal Employees union and the American Library Association, agreeing to leave IMLS intact and allowing it to continue its work supporting libraries and museums across the country.
Leaving Wachtell wasn't an easy decision - it's one of the great law firms in the world, and I learned an enormous amount there. But it wasn't about leaving something behind; it was about being intentional about what came next.
This may be the last year that law firms can expect billing rate increases to drive financial stability, according to a new survey of more than 800 senior finance and legal professionals in large firms across North America, the United Kingdom and Ireland. Technology company BigHand's 2026 finance report suggests that firms can no longer rely on traditional measures of profitability, as clients are demanding more efficiency and predictability amid the increased adoption of artificial intelligence across the legal profession, according to Law.com.
The legal profession rewards endurance, precision and control. It also quietly normalizes stress, isolation and overextension. For patent practitioners and other IP lawyers, the pressures are uniquely acute: compressed prosecution deadlines, high-stakes litigation exposure, often unrealistic client-driven budget constraints, regulatory whiplash at the U.S. Patent and Trademark Office (USPTO), and increasingly complex technologies layered with global filing and prosecution strategy.
Market forces such as rising attorney salaries, persistent inflation, and unrelenting demand in premium practices are giving firms the confidence to push hourly rates beyond historical norms.
Leading legal departments are shifting from reactive negotiation to proactive pricing design, setting guardrails before rates are proposed rather than responding after the fact. This approach enables departments to establish parameters and expectations upfront, fundamentally changing the negotiation dynamic and improving outcomes.
With so many options out there, it's easy to feel overwhelmed and confused about where to begin. To help you make sense of it all, "Adventures in Legal Tech" welcomed Jess Birkin, a solo attorney who gets a heck of a lot done in her unique practice niche by leveraging AI and business planning. Goals Versus Themes It's been a decade of upheaval. For lawyers, this reality complicates setting specific goals, because they are likely to be upended by outside events.
From law firms to in-house legal teams, the rules of value are being rewritten. The question is: Who's ready to lead the change? In the first episode of 2026 for the UpLevel View podcast, Stephanie Corey and Ken Callander sit down with Rita Gunther McGrath, Columbia Business School professor and Wall Street Journal columnist, to talk about how AI is forcing professional services to price outcomes instead of hours.
For all our talk of AI disruption, few legal teams are tackling the true productivity killer: tab switching. Email bloat. Scattered context. Carl Davidson noticed it while practicing immigration law. His clients needed answers. His inbox overflowed. His case files were always one click too far away. And somewhere between toggling screens and pasting notes, he realized the problem wasn't the complexity of the law it was the friction in the workflow.
The single biggest need I see is for firms to focus on nurturing, valuing and hiring meaningful trial talent. There is a growing generational divide in the profession. When I came of age as a litigator, my mentors were seasoned trial lawyers who had come through the ranks trying dozens of cases a year. The industry has changed and those opportunities have dwindled.
