Law Firms — Major Law Firm Developments: Skadden Sanctions, Partnership Economics Shift, and $9M Legal Tech Investment

Law Firms · 2026-03-04

Today's developments reveal significant structural shifts in the legal industry across three key dimensions: firm governance, technology integration, and practice economics. Skadden's sanctions over litigation conduct signal heightened judicial scrutiny of big law tactical decisions. Meanwhile, the trend toward fewer equity partners with higher compensation points to fundamental changes in…