Dear Reader:
The legal industry is evolving rapidly, and this 2024 Business of Law magazine covers several new trends reshaping law firm operations.
A Gartner survey shows legal, compliance and privacy leaders increasingly focus on strategic roles, driving both risk management and business outcomes. AI adoption is rising, with 79% of law firms incorporating it into operations, reshaping billing models and priorities. Despite increased earnings, mid-sized firms face challenges with billing and collections. Partner billing rates are at record highs, but delayed payments persist, while general contract cases are on the rise, signaling increased legal activity. The California State Bar’s “Look Up a Lawyer” tool highlights the need for trust and ethical practices. The legal profession must adapt to tech changes, enhance cybersecurity and uphold ethical standards to succeed in this dynamic environment.
Starting on page 15, we recap the 2024 In-house Counsel Leadership Awards with a photo gallery and a list of the honorees, finalists and nominees. We hope you enjoy reading about their backgrounds, accomplishments and contributions to the legal community over the past two years.
Additionally, the magazine recognizes numerous legal visionaries representing diverse areas of practice – from litigation to labor & employment to intellectual property, to name a few. They exemplify transformative leadership while setting new standards in the legal profession. Congratulations to the 2024 In-house Counsel honorees, finalists and nominees, as well as all of this year’s Legal Visionaries.
To read and share the digital version of the Business of Law magazine, visit latimes.com/b2b/law. We will be promoting the publication of this magazine, and we invite you to follow us:
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Best regards,
Anna Magzanyan
annamagzanyan
@magzanyan
Contact us with comments or questions at b2bpublishing@latimes.com.
Anna Magzanyan | President of LA Times Studios
CONTENT
Flora Mekari
Content Manager
Alan LaGuardia
Senior Strategist, Content
David Chee
Advertorial Copywriter
AJ Moutra
Consultant, Research
Paul Williams
Contributing Writer
David Nusbaum
Contributing Writer and Research Consultant
Jack Needham
Contributing Writer
ADVERTISING SALES
Helya Askari
Vice President, Sales
helya.askari@latimes.com
Naz Bayazit
Senior Executive, Sales
naz.bayazit@latimes.com
Heidi Lawrence
Executive, Sales
heidi.lawrence@latimes.com
Jordan Moss
Executive, Sales
jordan.moss@latimes.com
EVENTS
Jordan Harris
Vice President, Events
Kim Bueno
Director of Operations, Events
Alexandra Slifkin
Senior Manager, Events
Stryker Matthews
Manager, Events
Nicole Flores
Coordinator, Events
CLIENT SOLUTIONS
Mike Kechichian
Executive Vice President, Client Solutions
Christianne Bradley
Director, Client Solutions
Ellen Varvarian
Senior Analyst, Marketing & Planning
PROJECT MANAGEMENT
Helen Chang
Senior Manager, Projects
Karren Adamyan
Manager, Projects
PRODUCTION & CREATIVE SERVICES
Melinda Marquez
Director, Client Services
Maximilliano Enciso
Director, Art Production
Rance Novotney
Specialist, Prepress
Kevin Chau
Designer
Larry Tomoyasu
Designer
Matthew Franco
Designer
Caroline Verbica
Designer
