By Jessie Yount | March 31, 2023
Dragged down by overcapacity, some firms continue to trim the associate ranks. But many still plan to pull in more junior lawyers because no one wants to end up with a hole in their ranks when the next deal boom comes along.
By Everett Catts | March 31, 2023
"I think it was a very good year, our best financially speaking. We're very fortunate that our clients remained resilient in the face of economic headwinds," Stephen Forte, Smith Gambrell's managing partner and executive committee chair, said.
By Dan Roe | March 23, 2023
The global law firm finished 2022 down 3.8% on gross revenue and 12.8% on profits per equity partner after separating from 17 partners and more than 200 personnel in Russia.
By Everett Catts | March 21, 2023
"I managed the firm throughout the COVID years, and as that drew to a close, I made the decision to step down from management because I wanted to go back to what I had always done as a practicing attorney, which is U.S. and international patent procurement for companies of all sizes and for individual inventors," Chris Leonard said.
By Jessie Yount | Justin Henry | March 14, 2023
As clients scrambled to access and move funds from Silicon Valley Bank accounts over the weekend, many law firms quickly pivoted to provide resources and guidance.
By John E. Hall Jr. | March 10, 2023
"Midsize firms have a couple of advantages over firms of other sizes. We've all heard about associates having to wait seven years at a big firm to argue a motion, and they'll get better opportunities to go to court and have more client contact at a firm like ours," said founding partner John E. Hall.
By Dan Roe | March 8, 2023
Gross revenue fell 10.5% in 2022 after rising 34.5% in 2021 as demand for structured products work plummeted in the second half of the year.
By Dan Roe | March 3, 2023
The intellectual property-focused firm boosted gross revenue and equity partner profits by roughly 10% in 2022.
Daily Report Online | Commentary
By Shari L. Klevens and Alanna Clair | February 27, 2023
In a world where cybersecurity threats continue to increase, there are steps that firms can consider to help protect themselves, their employees and their clients.
By Mason Lawlor | February 16, 2023
"It's a good system for people that want to work hard, and want to put in the time," one of the firm's founding partners told Law.com.
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