By Andrew Maloney | August 28, 2024
Lower billing rates, more head count, and slowed collections, relative to the top 50, have all contributed to the Second 50's slower growth.
By Patrick Smith | August 27, 2024
For advisers to companies being bought or sold, Latham led all law firms in total round value for all PE stages.
By Andrew Maloney | August 26, 2024
The growth in "rack" billing rates remains the "primary contributor" to revenue growth and "was considerably higher for the Am Law 1-50 (10%) than for the other tiers, said Wells Fargo in its first-half report.
By Andrew Maloney | August 26, 2024
Several Am Law 200 law firms with roots in Kansas City are quickly attracting talent and clients across the U.S.
National Law Journal | Analysis
By Abigail Adcox | August 23, 2024
"There's a certain inevitability to it. These firms all need a mechanism for being able to increase the compensation of their highest performers," noted one recruiter.
By Andrew Maloney | August 23, 2024
"It is a bit of a vicious cycle for the rest of the industry to observe. It allows these elite firms to continue to pull away, as long as they continue to focus on those higher client value opportunities," noted one industry consultant.
By Abigail Adcox | August 21, 2024
"Creating an income tier in the partnership gives us more flexibility to attract, promote, and retain the most sought-after talent in a very competitive market," said Wilmer's managing partner.
By Andrew Maloney | August 19, 2024
Citi's Global Wealth at Work Law Firm Group found the industry continued its momentum from the first quarter.
By Patrick Smith | August 19, 2024
Deal work continues its up and to the right trajectory, while work constructing and litigating liability management exercises grows.
By Andrew Maloney | August 15, 2024
Researchers assert the new metric is more strongly correlated to profitability.
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