The American Lawyer | Analysis
By Lisa Shuchman | February 20, 2024
Firms with large transactional practices may see the recent rush of deals as the sign they've been waiting for. The Global Lawyer suggests they may want to curb their enthusiasm.
The American Lawyer | Analysis
By Patrick Smith | February 20, 2024
Industry experts and recruiters say there are a multitude of data, many individualized, that factor into the "success" of a lateral. And even defining "success" can be tricky, depending on how firms view their attorneys.
The American Lawyer | Analysis
By Amanda O'Brien | February 20, 2024
Law firms and partners may struggle to deliver appropriate guidance to rising attorneys while keeping diversity, equity, and inclusion standards in mind. But getting it wrong has real costs.
The American Lawyer | Analysis
By Jessica Seah | February 16, 2024
'If they had consulted the lawyers here, they would have gotten opposition,' says one insider, while rivals believe the firm risks being ostracized by Chinese companies.
The American Lawyer | Analysis
By Dan Roe | February 15, 2024
As Big Law keeps getting rewarded for pushing large rate hikes, analysts and consultants say midsize firms are leaving money on the table.
The American Lawyer | Analysis
By Maria Dinzeo | February 15, 2024
A newly released report from the law firm network Lex Mundi has reinvigorated the age-old debate on the topic.
The American Lawyer | Analysis
By Justin Henry | February 15, 2024
Embracing the nonequity tier, building bigger bonus pools and moving to a "black box" for individual earnings are all on the table.
The American Lawyer | Analysis
By Andrew Maloney | February 14, 2024
Partner lateral moves fell in 2023 but remained robust, according to data from Law.com Compass. And it's still a fragmented industry, including in lateral hiring.
The American Lawyer | Analysis
By Andrew Maloney | February 14, 2024
"Our talent levels became misaligned with our existing and projected client demand, particularly in our large transactional practices. I take responsibility for this and am truly sorry that those decisions have led to a significant impact on our people today," said Fenwick & West's chair.
National Law Journal | Analysis|News
By Abigail Adcox | February 14, 2024
Even as the equity tier expanded and the firm's profits per equity partner rose about 16% to $1.91 million. And amid lateral growth, Steptoe's total full-time equivalent head count rose about 4% to around 396 lawyers last year and revenue per lawyer climbed more than 8% to $1.2 million.
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