By Patrick Smith | April 15, 2024
In this week's Legal Speak episode, McDermott Will & Emery Chair Ira Coleman explains "Big Law Better," his idea on where the legal sector is moving and what elements of previous iterations the industry should be looking to maintain and which it should perhaps relegate to times gone by.
National Law Journal | Analysis
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.
By Brenda Sapino Jeffreys | March 28, 2024
Munsch Hardt Kopf & Harr has started the process of selecting a new chief executive officer to succeed longtime CEO Phil Appenzeller, who will step down and return to his litigation practice, amid a number of management changes.
By Brenda Sapino Jeffreys | Amanda O'Brien | March 20, 2024
A combination of cultural concerns and incentives, lack of uniformity across practices, and a need for leadership to encourage younger attorneys to return to office by example is complicating the process of bringing attorneys back to the office.
By Andrew Maloney | March 18, 2024
The firm continued to improve its profit margin, as average PEP rose nearly 6% to $7.955 million, according to American Lawyer reporting.
By Andrew Maloney | March 13, 2024
As the firm invested in laterals, the nonequity tier shot up by 11.4%. Meanwhile, average PEP fell by 3.9% to $833,000.
By Charles Toutant | March 12, 2024
"I've seen technology change the way that we practice, like allowing for virtual law firms, using the cloud, being able to share documents easily online, but this is just, like, next level," attorney and author Carolyn Elefant said.
The American Lawyer | Analysis
By Andrew Maloney | March 6, 2024
"The movement over the past month has [confirmed that] we're going to continue seeing some of the largest, highest-profit firms have this tremendous recruiting advantage," noted law firm consultant Kristin Stark.
The American Lawyer | Analysis
By Andrew Maloney | February 27, 2024
Now, there may be even greater emphasis on the profitability of a practice, not just hours.
The American Lawyer | Analysis
By Andrew Maloney | February 26, 2024
"For the first time in years, firms don't seem to be harried by the tumultuous rollercoaster of events seen thus far during the 2020s," according to a legal industry report this month.
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