By Dan Roe | March 18, 2024
Gross revenue was up 12.3% while profits per equity partner rose 13.4% during the firm's 28th consecutive year of revenue growth.
By Alexander Lugo | March 8, 2024
Because of the large gap between standard and agreed rates, some firms have been able to raise rates for clients quietly. Now, there's seemingly pushback.
The Legal Intelligencer | Analysis|News
By Amanda O'Brien | March 7, 2024
The firm's revenues climbed by 5.5% to hit $653 million. "We're not looking for a business that's up 20% in the good years and down 8% in the bad years," explained firm chairman Michael Heller.
The American Lawyer | Expert Opinion
By Hugh A. Simons | March 5, 2024
"Most partners in support practices are earning dramatically more than they ever thought they would, and at root they know they're earning more than their practices warrant," writes Hugh Simons.
By Brenda Sapino Jeffreys | March 4, 2024
The midsize New York firm's compensation system moved away from an 'eat-what-you-kill' system to criteria that still includes origination, but also at overall financial performance and workload, and "qualitative factors" such as corporate citizenship, collaboration, and efforts toward institutionalization of clients.
By Brenda Sapino Jeffreys | March 1, 2024
Morrison Cohen, a midsize law firm in New York, announced that nine partners are departing, with seven expected to join Am Law 200 firm Loeb & Loeb.
By Alexander Lugo | February 28, 2024
Receipts from the Central Florida Tourism Oversight District show that labor and employment attorneys raised rates dramatically while increases in other practices were more muted. Firms billing the entity include FordHarrison, BakerHostelter and Greenberg Traurig.
By Krishnan Nair | February 28, 2024
The move comes as Paul Weiss Rifkind has been hiring aggressively from Linklaters in London, and Top UK-founded firms are seeking to keep their remuneration models attractive to partners at risk of departing for lucrative roles at U.S. firms.
By Christopher Niesche | February 27, 2024
Workplace Gender Equality Agency releases pay gap data for first time.
By Thomas Spigolon | February 21, 2024
The firm's PEP dropped by 5% to $820,000, as its equity tier expanded and its nonequity tier shrunk by 9%, bucking a trend in the industry of growing the nonequity ranks.
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