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Just as the world of law was getting carried away with the excitement of AI, legal tech firm Legora has brought us all thudding back down to earth.
Legora has told its clients that it plans to move to consumption based pricing - a decision that could fundamentally change how law firms use AI, right as its role is being normalised.
So on this episode of the podcast, we return again to the question of legal AI as we are joined by our tech editor Ben Lucas - who broke the Legora story - and our tech reporter Clementine Doyle, to ask just how big of a deal this is, what it means for the market, and what it might mean for lawyers' day to day.
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It is an uncertain time for those wanting a career in the law.
Doom-mongers would have you think that AI is about to lead to a mass cull in junior lawyer roles around the world.
But at the same time, associate salaries keep going up – and some big firms are even increasing their junior hiring.
So what is the truth behind the future of junior talent?
The Lawyer Podcast tries to find out.
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In 2015, The Lawyer wrote: “eight candidates for two top roles at Allen & Overy, and not one woman. For a law firm committed to that 30 per cent target, it’s not a good look.”
Fast-forward to 2026 and, as The Lawyer wrote last week, just one female partner included on A&O Shearman’s refreshed board of six has left many “disappointed” with the outcome.
This is not a problem unique to A&O, with female representation low at a number of big firms.
And yet, a generation of female leaders are coming to the fore in many law firms.
So, on the latest episode of the podcast, we discuss why there is still such an issue at A&O Shearman, and across the law more generally, but also which firms and leaders are making a change.
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We’ve all been seeing a lot more of Jude Law lately.
Legal AI firm Legora’s effort to cement itself in our consciousness with expensive ads featuring the actor has certainly been refreshing
In its latest funding round in March, the company hit a valuation of $5.5bn and now has contracts with law firms including White & Case, HSF Kramer, Dentons, and Pérez-Llorca.
Meanwhile, its competitor Harvey has grown its own valuation from $3bn early last year to $11bn in its latest funding round in March.
On its books are firms like A&O Shearman, CMS, Ashurst and, as of last week, Slaughter and May.
But despite their rapid rises, is there a risk that the two companies’ dominance is peaking?
Some lawyers are becoming concerned at the size of these legal AI vendors, while Freshfields recently turned its nose up at both of them, instead choosing to partner with AI giant Anthropic. It wants more freedom to tinker with the AI model itself.
So on this episode of the podcast, we ask what the future is for the two legal tech firms as bigger competitors enter the market, why lawyers like them – and why they don’t – and what’s with the bonkers valuations?
Check out The Lawyer’s brand new Innovation Map, exploring how law firms are using AI as the technology moves from experimentation to routine practice.
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Ever since its big German mergers in 2000, the firm has been one of the major international players in Europe and is now the second largest law firm in Germany.
And yet… Freshfields has lost some top talent in the country recently, at the same time as making no bones about its intention to prioritise its US practice.
As many firms will be aware, the gap between American and German fees – and compensation – can create problems.
So what is going on with Freshfields and Germany, and is there really a future for the firm there as it shifts its focus to America?
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The Lawyer Podcast is on holiday this week, but with Taylor Wessing and Winston and Strawn aiming to complete their merger in three weeks’ time, we thought you might like to listen back to our episode from last year when news of the deal broke.
The 1st May target date for the merger to go live is not locked in – the two firms are still dotting I’s and crossing T’s. If it goes ahead then though, it will be the first of the three transatlantic tie-ups agreed late last year to complete.
On the episode recorded back in December, the team discusses the firms’ strategies, what it means for Germany and the rest of Europe, and whether it actually makes sense...
Hosts Catrin Griffiths and Christian Smith are joined by deputy insight editor Nikhil Raj Aggarwal and international editor Charlie Johnstone, along with special guest Aled Griffiths, the founder of German legal magazine Juve.
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In hindsight, Kirkland & Ellis’s rise to the top of BigLaw may now seem as predictable as death and taxes.
There was even a sense of inevitability when its latest financial results were released earlier this month, becoming the first firm to surpass $10bn with PEP at $11m.
But it was actually less than a decade ago, in 2017, when the firm first topped the global revenue charts.
So how did Kirkland get here, what makes it so successful, and is its place at the top of the tree actually secure?
Tune in to the new episode of The Lawyer Podcast to find out!
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Private equity investment in law firms is kicking off in England. But in Scotland, lawyers are at risk of falling behind as regulations restrict Scottish firms from doing the same – and that’s left lawyers there frustrated.
So on this episode of the podcast, the team is joined from Glasgow by Horizon editor Margaret Taylor and deputy editor (UK) Richard Simmons, as we unpack the challenges facing private equity investment in Scotland, dive into the dramatic changes in Scottish firms' leadership in recent years, and ask what the future has in store for the market.
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The Silver Circle was a concept coined by The Lawyer more than 20 years ago. Rather than describing a set of “magic circle wannabes”, its purpose was to collate the firms’ strategies and models. Those in the Silver Circle have arguably changed over the years, with the likes of Macfarlanes and Travers Smith remaining constant.
But after two decades and enormous changes in the legal market, does the term still hold true, and who is actually in the Silver Circle now?
Tune in to the new episode of The Lawyer Podcast as we discuss what the future holds for the Silver Circle.
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Brad Karp became a household name - for Big Law at least - during his 17 year tenure at the helm of Paul Weiss.
But the long serving chair of the New York firm resigned from his leadership role last week over revelations in the latest batch of the Epstein files.
His exit makes him one of the first Americans to resign over the revelations.
So on this episode of The Lawyer Podcast, we take a look at why he quit, and what next for Paul Weiss under new chair, Scott Barshay.
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The annual meeting of the World Economic Forum at Davos usually revolves around talk of business, finance and investment. Indeed, law firms Baker McKenzie and DLA Piper are official partners of the forum.
But last week’s meeting was dominated by the unusual topic of Greenland: President Trump’s threat to take the island by force, the Danish government’s rebuff and the seeming fracturing of the NATO alliance.
While the issue may seem like a matter of geopolitics not immediately connected to lawyers and law firms, the ramifications of the crisis have big implications for the increasingly international and, perhaps more importantly, transatlantic nature of Big Law.
Not least of all for firms in Denmark, where the market was already flying through some (quite exciting) turbulence.
So on this episode of The Lawyer Podcast, we assess the wide ranging implications of the crisis for Danish and global lawyers, along with the rapid developments in the Danish legal market in recent years.
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The Lawyer Podcast is back for 2026 and it is picking up where we left off: with transatlantic mergers.
Just before Christmas, Hogan Lovells and Cadwalader announced what will be, by value, the largest law firm merger ever agreed.
The headline figures look good, but all may not be as it seems…
So on the first podcast of the year, we assess what we really make of the tie-up and ask, is time running out for other firms to find a merger partner?
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As if 2025 needed just another little dollop of big legal news, Taylor Wessing and Winston & Strawn are set to become the fourth major transatlantic merger in two and a half years.
So The Lawyer Podcast is back for an unexpected bonus episode as they talk through the announcement.
The second transatlantic tie-up in a month, the team discusses what the firms are up to, what it means for Germany and the rest of Europe, and whether it is actually a good idea, or a bold mistake…
Hosts Catrin Griffiths and Christian Smith are joined by deputy insight editor Nikhil Raj Aggarwal and international editor Charlie Johnstone, along with very special guest Aled Griffiths, the founder of German legal magazine Juve.
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As 2025 draws to a close, it feels like 2025 has been an inflection point for the legal sector.
While firm financials largely look good, fundamental changes are underway on both sides of the Atlantic.
Technology, investment, mergers and even politics all shook the business of law this year.
So for the final episode of The Lawyer Podcast in 2025, we take a look back at what has changed for the sector this year, and what it means for 2026.
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Unlike A&O’s tie up with Shearman and Sterling, Ashurst’s announcement that it had agreed a merger did not come as a surprise.
The firm had been in the market for a US-merger for more than two decades, yet its new partner, Perkins Coie, did still come as a bit of a surprise.
The silver circle firm clearly needed to make its move, but was it the right one?
Tune in to the new episode of The Lawyer Podcast as hosts Catrin Griffiths and Christian Smith are joined by Matt Byrne and Nikhil Raj Aggarwal discuss what the move might mean for the two firms, the wider market, and those firms leftover who are still looking for their own merger partner.
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The Lawyer’s editor Catrin Griffiths and director of insight Matt Byrne are back from a fact-finding mission in New York, and merger mania is gripping the city’s lawyers.
As firms seek scale, reach and private capital clients, some of the oldest firms in the Big Apple are pondering how a tie up could help their bottom line.
And while private equity investment into firms is all the rage in the UK, in the US it is starting to gain traction as well.
So in the new episode of The Lawyer Podcast, Catrin and Matt recount what they learned on their adventure across New York last week…
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Tax rises for partnerships may be on the way in next month’s Budget – and potentially big ones at that.
Many lawyers were left shocked after the news broke last week that the Government is considering adding the equivalent of employer’s national insurance onto partnerships.
So on the new episode of The Lawyer Podcast, we ask what that might mean for a range of firms, whether it is a good idea (or just good politics), what firms might do about it, and what friend of the show and former Clifford Chance head of tax Dan Neidle thinks…
You can read The Lawyer’s piece on the idea from 2022 here:
https://www.thelawyer.com/the-treasury-could-tax-commercial-law-firms-an-extra-1bn-and-theyd-barely-notice/
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Private equity investment in law firms has accelerated in the past 12 months. Essentially every UK200 law firm in the country has been approached, and many have already accepted the opportunity. Now the question is whether firms at the top of the market might join in.
But is it actually a good idea? Can law firms offer the rapid turnaround that private equity demands? Or is it just a chance for equity partners to cash in and retire, leaving behind them a mess for their firms?
The Lawyer Podcast investigates.
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The Lawyer's UK200: Top 100 report, sponsored by Legora, is out and it contains 100 stories of firms forging ahead or falling behind. But which are the most interesting of all?
In this week's episode of The Lawyer Podcast we dive into the sea of data and analysis that is the UK200 report and come up clutching four firms that are particularly worthy of attention this year. Who are they? Why should you care about them? And who does director of insight Matt Byrne think is the sexiest firm in the top 100? You'll have to listen to find out.
And subscribers can read the full top 100 report right here:
https://www.thelawyer.com/mda/report/uk-200-top-100-2025/
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Gardening has transformed from an old-fashioned past-time to a popular trend in the past few years, and now, even law firms are getting in on the action.
Firms like Eversheds, Switalskis and CANDEY are leading the charge, but there is so much more that could be done. After all, who wants to look at a grey bit of concrete all day.
So as the Autumn weather sets in and as we all try to distract ourselves from the news, The Lawyer Podcast asks what difference gardens would make to law firms, which firms have the best gardens, and whether your firm needs to make more of an effort than a pot plant and a strip of manky grass.
- Visa fler
