By Andrew Maloney | March 1, 2023
Seyfarth grew its equity tier by nearly 7%, as its profits per partner inched down by about 1%.
By Andrew Maloney | February 23, 2023
The Midwest firm has considered "a number" of merger opportunities, while Miami and Tampa are potential expansion targets.
By Andrew Maloney | February 17, 2023
The firm increased its billing rates for this year and last year, said the firm's leader, noting Quarles has been a bit too modest on rates compared with its peers.
By Andrew Maloney | February 16, 2023
Hogan Lovells and Troutman Pepper are some of the latest big firms to announce corporate laterals this week.
The American Lawyer | Analysis
By Justin Henry | February 16, 2023
New capital commitments for commercial cases grew by 16%, but the share of this capital deployed on cases handled by the 200 largest firms dropped from 41% to 28%.
By Andrew Maloney | February 15, 2023
Some rate increases last year were "shocking at the high end," according to a new rate report, noting about 15% of Am Law 100 firms increased their rates between 10% and 20%.
By Andrew Maloney | February 14, 2023
Law firms can see some signs of improvement, including moderating expenses and transactional demand that remains above pre-pandemic levels. But a shaky economy in 2023 could put that in jeopardy.
The American Lawyer | Analysis
By Andrew Maloney | Patrick Smith | Hank Grezlak | February 13, 2023
Legal market "free agency" has only grown during the pandemic era, as isolation and uncertainty frays the bonds many lawyers had with their firms.
By Andrew Maloney | February 7, 2023
Firm costs actually dropped by the end of 2022, partly because firms were more frugal in staffing and pay. Law firms will continue to be vigilant on expense growth in 2023, analysts say.
The American Lawyer | Analysis
By Andrew Maloney | Patrick Smith | Hank Grezlak | February 6, 2023
With four generations co-mingling in the workplace, and some law firms demanding a return to the office, more conflicts are arising in law firms.
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