In short: mergers between healthy firms work, Hugh Simons explains, detailing data that shows adding an unhealthy firm into the mix is a recipe for multi-year declines in PEP rank.

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---- Old Section -----Legal Departments Frustrated by Law Firms' Lack of Transparency
In-house staffers say in a new survey that they want law firms to provide better visibility into their costs and processes. But the respondents gave the firms high marks for the quality and responsiveness of their communications and for how they collaborate on strategy.
Cooley Launches Cooley D+O, an Online D&O Questionnaire Platform for Clients and Attorneys
The firm plans to soon expand the platform into Cooley D+O 2.0, which will include additional features such as scalable initial public offering filings.
Allen & Overy Sells Majority Stake in Risk Management Division to Private Equity
Inflexion is investing in the £20 million-revenue A&O affiliate, but that the law firm will retain a ‘significant minority stake’.
In Amicus Brief, ACC Says FTC Running Roughshod Over Attorney-Client Privilege in Amazon Prime Case
“The complaint’s theory of liability would turn this act of finding out how to obey the law by speaking with counsel into a self-incriminating exercise.” according to the Association of Corporate Counsel’s brief.
Legal Departments Snatching Back Work From Law Firms: The Morning Minute
The news and analysis you need to start your day.
Big Law's Approach to Billing Rate Hikes in 2024
“There’s a lot of people trying to play a little bit of catch-up, and they’ll run out of opportunity runway if there’s a recession,” said Mark Medice, a principal at LawVision and law firm consultant.
Winston & Strawn Sued by Blum-Led Group Over 1L Diversity Scholarship
The law firm vowed to continue the program after the American Alliance for Equal Rights threatened litigation earlier this month.
'Dirt Is Turning to Quicksand': Following a Wave of Privacy Class Actions, Defense Bar Warns Compliance Is Key
In the current environment of changing privacy laws and an uptick in litigation in the area, the defense bar is warning companies that it might be time time to take a hard look at compliance in the wake of a wave of class action lawsuits.
Meta's Promotion of Targeted Ads on Instagram Likened to Tobacco and Opioids in New State Court Suit
This complaint was first surfaced by Law.com Radar.