Daily Business Review | Analysis
By Dan Roe | April 20, 2022
If you want to know how Miami has grown up as a legal market in the past decade—particularly since the onset of the COVID-19 pandemic—look no further than its largest home-grown law firm.
By Dan Roe | April 18, 2022
Firmwide increases in demand drove gross revenue up 11%, but cost savings in compensation and real estate locked in a highly profitable year for the Rocky Mountain law firm.
The American Lawyer | Analysis
By Dan Roe | April 12, 2022
Law firms are staffing more corporate matters with partners, a new report from Wolters Kluwer shows.
By David Gialanella | March 21, 2022
The Newark-based firm increased profits per equity partner (PEP) by 19.5%, to $1.13 million. There was a more incremental year-over-year gain in gross revenue—by 3.7%, to $263.47 million.
By Dan Roe | March 9, 2022
The team effort also drove PPP up 29% as Nelson Mullins Riley & Scarborough held its equity tier mostly flat while continuing to add nonequity partners, shunning the "up or out" mentality.
Daily Business Review | Analysis
By Dan Roe | January 27, 2022
Long before King & Spalding relocated 37 attorneys to Miami, partners at Wall Street firms have worked out of their South Florida homes. But despite a recent influx of Northeastern talent and clients, recruiters say the nation's most profitable law firms may hold off on launching a Miami office until a direct competitor moves in.
Daily Business Review | Analysis
By Dan Roe | December 15, 2021
New data shows corporate legal departments are increasingly brand-agnostic in hiring outside counsel.
By Dan Packel | November 17, 2021
In some ways preferred provider firms have an easier in for discussion on rates, but they may have a harder sell if value is at the heart of those relationships.
By Jessica Mach | November 10, 2021
"Some law firms seem to prioritize their bottom line over the economic reality of their clients, perhaps for a host of reasons," said Fred Paulmann, a former senior attorney at Pfizer Inc. who has since founded the Counsel Management Group. "What is sustainable and what is not?"
By Dan Packel | November 3, 2021
"For some firms, this will be a historic opportunity to make progress on rates," said one industry observer.
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