The American Lawyer | Analysis
By Justin Henry | January 2, 2024
Sheppard Mullin tapped Chicago-based employment partner Kevin Cloutier to serve as the firm's co-managing partner, while St. Louis-founded Armstrong Teasdale named corporate partner Richard Engel managing partner.
The American Lawyer | Analysis
By Justin Henry | December 29, 2023
"The big group moves are driven by the stars that are part of those groups," said Macrae recruiter Justine Donahue. "The high rainmakers can command a group to move with them based on their clients and their brand name."
The American Lawyer | Analysis
By Dan Roe | December 28, 2023
From Stroock to Schnader, firms that failed struggled with common issues of recruitment, retention and financial obligations.
The American Lawyer | Analysis
By Justin Henry | December 28, 2023
Though firms have different approaches, the momentum in partner compensation is heading toward merit-based rewards to compete for rainmakers and grow profitability.
National Law Journal | Analysis|News
By Abigail Adcox | December 27, 2023
While law firms in D.C. may have been more cautious with hiring, sustained demand for regulatory and enforcement practices have also had a positive effect on firms' profits.
By Trudy Knockless | December 20, 2023
"Most of us went through a period of retrenching when it comes to our outside counsel budgets last year. And so we're thinking very judiciously about how we're going to allocate resources in 2024," said Andrew Woods, general counsel of PubMatic.
The American Lawyer | Analysis
By Patrick Smith | December 20, 2023
"The overwhelming majority of our colleagues are complying," noted Davis Polk's Neil Barr. "I know not everyone loves it, but from the institution's perspective, we are in a good spot."
The American Lawyer | Analysis
By Andrew Maloney | December 19, 2023
At least 30 large law firms have announced some kind of leadership transition within the last year or so. "It's been an exciting but challenging and exhausting few years," noted one Am Law 100 leader.
The American Lawyer | Analysis
By Patrick Smith | December 18, 2023
The firm's moves are consistent with a slew of large law firms making staff and associate cuts in 2023, as firms focused on efficiency, outsourcing and productivity in a year of declining demand.
The American Lawyer | Analysis
By Justin Henry | December 15, 2023
"I've worked with firms who find it difficult because they want the partners to charge X rate and they would lose a third of their business," said Charlotte-based Jordan Abshire, founder and managing member of Abshire Legal Search.
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