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By Dan Roe | October 5, 2023
A recent survey of managing partners, COOs, CFOs, pricing chiefs and other senior law firm professionals at 50 firms in the U.S., Canada, the United Kingdom and Europe showed a signifcant decline in profitablility satisfacton.
3 minute read
By Habiba Cullen-Jafar | October 4, 2023
Only 3 of the top 15 law firms for European M&A in 2023 to date were firms founded in Europe
4 minute read
By Jessica Seah | September 19, 2023
Chinese firm revenue plummeted despite growth in head count.
7 minute read
By Habiba Cullen-Jafar | September 19, 2023
This year's rankings show a challenged set of results across the board, with one leader saying: 'I don't think there's ever been a period that has been so 'hot, and then cooled down so quickly'.
9 minute read
By Law.com International Staff | September 19, 2023
The 100 largest law firms in the world saw profit decline on the back of several boom years.
1 minute read
By Habiba Cullen-Jafar | September 18, 2023
Like their U.S. counterparts, lawyers at the U.K.'s top commercial firms on average brought in less this year, with notable exceptions.
2 minute read
By Habiba Cullen-Jafar | September 15, 2023
Many of the astronomical rises of the past couple of years have been 'corrected', with PEP at some firms dropping by as much as 55%.
4 minute read
By Krishnan Nair | September 14, 2023
This year's ranking contains several warnings—chief among them being the need for further corrective measures to address the shrinking profit margins.
4 minute read
By Habiba Cullen-Jafar | September 14, 2023
Overall fee income growth at the UK's top firms outstripped the AmLaw 100 in 2023, but average partner profits fell at the worst rate since the financial crisis.
4 minute read
By Jessica Seah | September 6, 2023
International firms are struggling to hire and domestic Chinese firms are growing at a much slower pace than just two years ago. With continued volatility in China, law firms aren't sure how to plan their growth and lawyers looking at the lateral market are wondering where they should go.
8 minute read
By Dan Roe | April 1, 2024
After years of declining head count and revenue, the litigation shop is back in growth mode.
6 minute read
By Patrick Smith | April 1, 2024
While net income slid down, the firm's PEP was up by 1.2% to $2.41 million, as the equity tier shrunk by 5%.
5 minute read
By Andrew Maloney | April 1, 2024
"Given the equity partner promotion ratios, [firms] could be looking at a long-term problem," said law firm consultant Brad Hildebrandt.
6 minute read
By Justin Henry | March 29, 2024
"The last three years, when you look at them as a whole, were the best three years we've ever had," said co-chair David Forti.
6 minute read
By Abigail Adcox | March 29, 2024
"We had another very good year, particularly given the sort of uncertainties around the economic environment," chairman Robert Sartin said in an interview.
3 minute read
By Justin Henry | March 28, 2024
"We saw financial growth from top 200 clients, including significant increases in international engagements, which indicates that our global platform is working for our international clients," said global managing partner Casey Ryan.
5 minute read
By Patrick Smith | March 28, 2024
As the firm's equity-only partnership expanded 13% to 78 partners last year, the firm's profits per partner dipped 7.7% to $3.34 million,
5 minute read
By Brenda Sapino Jeffreys | March 28, 2024
Marking 32 years straight of higher revenue, rising 6.5% in 2023, Sheppard, Mullin, Richter & Hampton also saw even healthier increases in net income and profits per equity partner.
5 minute read
By Andrew Maloney | March 27, 2024
While Seyfarth's head count decreased last year, the firm is looking for growth in its major markets and "actively exploring" the South Florida market, the firm's leader said.
3 minute read
By Thomas Spigolon | March 27, 2024
After revenue and profits grew in 2023, the firm wants to reach a goal to add enough new partners to exceed last year's head count of almost 300 lawyers, despite the mass exit in early 2024.
8 minute read
Celebrate outstanding achievement in law firms, chambers, in-house legal departments and alternative business structures.
The African Legal Awards recognise exceptional achievement within Africa s legal community during a period of rapid change.
The Daily Report is honoring those attorneys and judges who have made a remarkable difference in the legal profession.
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Black Owl Recruiting is looking for a number of qualified applicants to fill positions for a highly reputable client. Recent experience work...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
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