Surrendering firms have taken substantial action against the Trump administration as a strategy to enhance their public image, especially amidst a backdrop of talent and client defections. The Supreme Court is reportedly imposing a 'rule of guess' to obscure its legal actions, which raises significant transparency concerns. In a noteworthy trend, Burford Capital considers elevating litigation finance with new offerings of equity stakes in law firms. However, not all adaptations are successful, as demonstrated by Norton Rose's unsuccessful attempt to operate like a tech startup, reflecting the difficulties for traditional firms in evolving with the market.
Surrendering firms have taken significant steps against the Trump administration, aiming to enhance their image during a time of talent and client losses.
The Supreme Court is applying a rule of guess to obscure its legal processes, raising concerns about transparency in its actions.
Burford Capital is exploring the potential of offering equity stakes in law firms to elevate the litigation finance industry.
Norton Rose's attempt to operate as a tech startup failed, indicating the challenges traditional firms face in adapting to modern business models.
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