The American Lawyer | Analysis
By Patrick Smith | December 18, 2023
The firm's moves are consistent with a slew of large law firms making staff and associate cuts in 2023, as firms focused on efficiency, outsourcing and productivity in a year of declining demand.
The American Lawyer | Analysis
By Justin Henry | December 15, 2023
"I've worked with firms who find it difficult because they want the partners to charge X rate and they would lose a third of their business," said Charlotte-based Jordan Abshire, founder and managing member of Abshire Legal Search.
The American Lawyer | Analysis
By Justin Henry | December 13, 2023
The profit-sharing plans of both FisherBroyles and a spinoff firm are a departure from the usual practices of distributed law firms.
By Andrew Maloney | December 13, 2023
"Firms have a greater understanding of new working practices and have revised their approach to their space," according to the latest Citi Hildebrand client advisory.
By Justin Henry | December 11, 2023
Hogan Lovells, which acquired a team of 28 partners from Stroock and office leases in New York and Washington, is also a secured creditor, gaining rights to the firm's largest liability: a loan made by Chase Bank.
The American Lawyer | Commentary
By Jay Russell, Mark Masson and Ed Estrada | December 8, 2023
How can firms end 2023 strong and set up for success in 2024? Consultants at Lotis Blue Consulting and Estrada Consulting lay out tangible steps to improving firm performance.
By Andrew Maloney | December 6, 2023
"We do not have a business plan or profit formula that requires the four-figure rates that some of the other firms entering that market are probably expecting," chair Pat Whalen said.
The American Lawyer | Analysis
By Justin Henry | December 6, 2023
"I give Kevin Broyles and James Fisher full credit for having this vision when they started in 2002," said Grant Walsh, who left FisherBroyles a decade ago to co-found Culhane Meadows, another distributed firm.
By Amanda O'Brien | December 5, 2023
Ulmer & Berne LLP and Greensfelder Hemker & Gale will be merging, effective Feb. 1, 2024. The new firm, UB Greensfelder, will have an estimated 275 attorneys across nine offices and an annual gross revenue of approximately $150 million, according to leaders.
By Brenda Sapino Jeffreys | December 5, 2023
Litigation boutiques and other small firms compete for the same top law students as Big Law, so they are likely to move to the new, higher market salary and bonus scales for associates.
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