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%.
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.
By Patrick Smith | March 29, 2024
The firms said they turned to the business consultants for advice ranging "from operational integration through to ways of working."
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.
The American Lawyer | Analysis
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.
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,
The American Lawyer | How I Made It|Q&A
By ALM Staff | March 28, 2024
"Your job is to represent the best interests of the firm and office," says Chung, New York office managing partner, in law.com's 'How I Made It' series, "and you can only do that when you understand what your colleagues bring to the table, the trends and concerns in their sectors, and the needs of their client matters."
By Andrew Maloney | March 27, 2024
U.S. partners, associates, legal assistants and other fee earners at Freshfields will be expected to work at least four days in the office each week, beginning May 1.
The American Lawyer | Analysis
By Justin Henry | March 27, 2024
The firm has shaken up its C-suite, revamped its staffing ratio, and installed new management software. It succeeded in luring back one client that had publicly severed the relationship after the release of emails containing derogatory language from former employment practice leaders.
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.
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