By Amanda O'Brien | February 27, 2024
Partners Bradley Henry and Kathleen Shannon lead the team, which is divided between New York and Washington.
National Law Journal | Analysis|News
By Abigail Adcox | February 14, 2024
Even as the equity tier expanded and the firm's profits per equity partner rose about 16% to $1.91 million. And amid lateral growth, Steptoe's total full-time equivalent head count rose about 4% to around 396 lawyers last year and revenue per lawyer climbed more than 8% to $1.2 million.
By Zack Needles | Alaina Lancaster | February 7, 2024
Last week, Legal Speak was live on location at Legalweek 2024 in New York City, where we interviewed professionals from across the legal industry about everything from the practical applications of generative AI to the benefits of sharing ideas and advice with both colleagues and competitors.
By Hugo Guzman | January 22, 2024
Since the financial crisis of 2007-2008, "market power shifted decisively from law firms to the clients, rapidly moving from a sellers' to a buyers' market for legal services," a new report from Thomson Reuters and Georgetown Law says.
By Trudy Knockless | December 20, 2023
"Most of us went through a period of retrenching when it comes to our outside counsel budgets last year. And so we're thinking very judiciously about how we're going to allocate resources in 2024," said Andrew Woods, general counsel of PubMatic.
By Alaina Lancaster | Zack Needles | December 9, 2023
In this episode, Law.com Litigation Reporter Aleeza Furman talks with Temple University Health Network General Counsel John Ryan about how, in the wake of an eight-figure verdict, his legal department decided to revamp its approach to litigation.
By Hugo Guzman | November 13, 2023
"Billable hours is all they know," consultant Ken Callander said of many in-house attorneys. "To move toward something other than that, it's really foreign to them."
By Zack Needles | Alaina Lancaster | November 6, 2023
In this episode, Linda Seal, chief legal officer of delivery service Shipt, talks about how she seeks to get the most out of her team.
By Justin Henry | September 26, 2023
Heather Jacobson said she was attracted to Axiom Advice & Counsel because it spoke to the roots of her clients' issues with the traditional law firm model while she occupied previous roles, citing limited access to partners and the ever-escalating billable hour.
By Justin Henry | September 25, 2023
Five employees could lose their jobs at the end of the month. An MLA representative said the search firm isn't exiting the advisory services business but "refocusing to a more tailored advisory offering, including coaching, advising and on-boarding."
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