By Alexander Lugo | February 29, 2024
The moderate growth came after two years of faster pace in revenue growth, but CEO Brian Duffy says it's only a slowdown because 2021 and 2022 were such extraordinary years for the firm.
By Brenda Sapino Jeffreys | February 28, 2024
While Jackson Walker, the state's largest Texas-only firm, only grew its revenue by 3.8% in 2023, its lawyer head count grew by 8.4% with substantial lateral hiring.
By Dan Roe | February 28, 2024
Colorado's biggest law firm also increased gross revenue by 11.3% in 2023 as all major practice areas saw growth.
By Alexander Lugo | February 28, 2024
The Fort Lauderdale-based firm saw revenue increase for the fourth straight year, but the 1.7% bump was far less than 2022's 16% surge.
The American Lawyer | Analysis
By Andrew Maloney | February 27, 2024
Now, there may be even greater emphasis on the profitability of a practice, not just hours.
By Thomas Spigolon | February 26, 2024
The firm increased its realization rate, from 105% in 2022 to 109% last year.
The American Lawyer | Analysis
By Andrew Maloney | February 26, 2024
"For the first time in years, firms don't seem to be harried by the tumultuous rollercoaster of events seen thus far during the 2020s," according to a legal industry report this month.
By Abigail Adcox | February 23, 2024
McGuireWoods benefited from rate increases and also embraced alternative fee arrangements, including "very significant enterprise-wide flat fee type arrangements" and blended rates, said the managing partner.
By Patrick Smith | February 22, 2024
Paul Hastings' equity tier grew by 2% while its nonequity tier surged by 14%.
National Law Journal | Analysis
By Abigail Adcox | February 22, 2024
The firm's expense growth was driven by investments in new ancillary businesses, as well as overhead for new firm offices, lawyer compensation and inflation, said Michael Martz, Vorys managing partner.
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