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.
The American Lawyer | Analysis
By Justin Henry | December 13, 2023
The profit-sharing plans of both FisherBroyles and a spinoff firm are a departure from the usual practices of distributed law firms.
The American Lawyer | Analysis
By Linda A. Thompson | December 12, 2023
Lawyers say the landmark AI legislation agreed upon by EU officials on Friday will generate extensive work for Big Law, with multijurisdictional law firms that have strong regulatory practices best positioned to ride the wave of advisory and compliance work the new bill is expected to create.
The American Lawyer | Analysis
By Andrew Maloney | December 12, 2023
Most of the law firms that have confirmed matches to the latest associate salary scale have PEP above $2 million a year and more than $1 dollars in gross revenue.
The American Lawyer | Analysis
By Christine Simmons | Anne Bagamery | December 11, 2023
"It was clear that if we didn't approve the pension, the [Allen & Overy] deal wasn't going to go through," a retired Shearman partner said.
The American Lawyer | Analysis
By Justin Henry | December 6, 2023
"I give Kevin Broyles and James Fisher full credit for having this vision when they started in 2002," said Grant Walsh, who left FisherBroyles a decade ago to co-found Culhane Meadows, another distributed firm.
The American Lawyer | Analysis
By Chris O'Malley | December 5, 2023
"Some clients are super loyal to their firms that they work with, sometimes blindingly so," said Joan MacLeod Heminway, a University of Tennessee law professor.
The American Lawyer | Analysis
By Andrew Maloney | December 4, 2023
Even before some firms embraced associate salary increases, the legal industry appeared less optimistic heading into 2024 than they were going into 2023, according to a recent survey.
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