Consultant: More Big Law Firms Will "Implode"

Feb. 27 (Bloomberg Law) -- Bruce MacEwen, a law firm consultant and publisher at AdamSmithEsq.com, tells Bloomberg Law's Lee Pacchia that "we will see some more name brand [law] firms implode" in 2013. The defunct New York law firm Dewey & LeBeouf, which dissolved in 2012, saw its bankruptcy plan approved by a Manhattan U.S. Bankruptcy Court judge on Wednesday. It is the largest U.S. law firm ever to go out of business, with more than 1,400 lawyers on its staff at its peak. Dewey "didn't do anything wrong that a lot other firms don't do, they just did all of them to an extreme," says MacEwen.

Creating a One-Stop Shop for A.I. Integration
12:39 - Businesses of all stripes are doing their best to integrate big data, artificial intelligence and machine learning into their workflows. Optix Solutions is trying to take the stress out of the transition. Globalive Chairman Anthony Lacavera asks Spencer Fung, founder and CEO of Optix Solutions, about the objective behind the company. (Source: Bloomberg)
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