By Thomas Spigolon | February 21, 2024
The firm's PEP dropped by 5% to $820,000, as its equity tier expanded and its nonequity tier shrunk by 9%, bucking a trend in the industry of growing the nonequity ranks.
National Law Journal | Analysis
By Abigail Adcox | February 12, 2024
"Many do compete with the New York firms," said Wells Fargo's Owen Burman about D.C. firms. "But it's not universal."
By Amanda O'Brien | February 7, 2024
"I don't want to sound pessimistic, but the time of the smaller insurance defense shop is probably going away," said Weber Gallagher chairman Andrew Indeck.
The American Lawyer | Analysis
By Dan Roe | January 10, 2024
Dechert has hiked its rates for a top partner by 20%, while McDermott is charging top partners out at $2,590 hourly, according to recent bankruptcy court filings.
Daily Report Online | Analysis
By Chris O'Malley | December 5, 2023
"Some clients are super loyal to their firms that they work with, sometimes blindingly so," said Joan MacLeod Heminway, a University of Tennessee law professor.
By Andrew Maloney | November 28, 2023
"Our real value proposition is we provide coastal expertise at Midwestern rates," said one law firm leader. "You get a lot of bang for your buck."
By Thomas Spigolon | November 21, 2023
The state party group paid Smith Gambrell & Russell more than $252,000 this year, according to government disclosures.
By Allison Dunn | November 16, 2023
Some of the rates requested by Quinn Emanuel—$1,690 per hour for a lead partner or $1,385 per hour for associates—were unrealistic for the Richmond, Virginia, market in the present case, the court found.
By Alex Anteau | Thomas Spigolon | October 9, 2023
Burke and Moore contend they are just two of "a continuing exodus of partners and other attorneys" leaving Drew Eckl & Farnham because of inequitable compensation, according to court papers.
The American Lawyer | Analysis
By Dan Roe | May 30, 2023
"Frankly, I do not give assignments to associates and junior partners who are not in the office at least 3 days a week," wrote one Am Law 100 practice leader.
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