Law Firm Management

Exclusive law firm financial reporting and rankings. News, trends and analysis of law firm management; leadership profiles, market reports and case studies.

International Edition

Controversial UK-Nigeria Trade Deal: Which Law Firms Will Benefit Most?

By Alfred Olufemi | February 26, 2024

Africa's second largest economy is viewed as a strategic business location for international law firms.

7 minute read

International Edition

Vereins: A Means for Law Firms to Dodge Responsibility?

By Krishnan Nair | February 25, 2024

Swiss verein law firms, made up of multiple distinct legal entities, like to portray themselves as one unified firm—but when they're against the wall, do they shape-shift to their advantage?

5 minute read
International Edition

Spanish Law Firm Pérez-Llorca on Why a Swedish Gen AI Assistant Was the Right Fit

By Isha Marathe | February 23, 2024

Perez-Llorca became the first Spanish law firm to adopt Leya, a Swedish generative AI assistant, earlier this month. For the firm, the tool struck the right balance between being able to operate in Spanish-language and being compliant with the GDPR.

6 minute read

International Edition

DLA Piper Elects Managing Partner—Incumbent to Step Down After 10 Years

By Jack Womack | February 23, 2024

The elected managing partner for the firm's non-US business won't take up the role until January 2025.

2 minute read
International Edition

'One Firm' or Separate Entities? Vereins' Growth Bumps Into Conflicts, Liability Concerns

By Justin Henry | Kasvi Sehgal | February 23, 2024

A ruling from an appellate court in the U.S. has put Baker McKenzie's structure under scrutiny, two years after Dentons was saddled with a $32 million malpractice verdict that also implicated the firm's verein status.

8 minute read
International Edition

Amid Partnership Expansion, Paul Hastings Sees Double-Digit Boost in Profits and RPL

By Patrick Smith | February 22, 2024

Paul Hastings' equity tier grew by 2% while its nonequity tier surged by 14%.

5 minute read
International Edition

Consistent Demand and Increased Rates Help Dorsey Edge Closer to $500M Mark

By Andrew Maloney | February 21, 2024

Dorsey managing partner Bill Stoeri said the firm's U.K. revenue last year totaled about $12.26 million, the combined revenue from its offices in Shanghai, Beijing and Hong Kong reached almost $9 million, and its offices in Toronto and Vancouver brought in about $6.7 million.

5 minute read
International Edition

Quinn Emanuel's Revenue Up Nearly 28%, as PEP Rises More Than 38%

By Justin Henry | February 21, 2024

Roughly 8% of the firm's $2.07 billion in revenue came in the form of contingency fees, according to Michael Carlinsky, one of three co-managing partners at the firm.

4 minute read
International Edition

US Firms Benefit as Latin America Capital Markets Activity Roars Back

By Amy Guthrie | February 21, 2024

Cleary Gottlieb, Davis Polk, Shearman and Simpson Thacher are among the firms busy advising the region's state and corporate issuers as market conditions welcome debt and even some equity offerings.

4 minute read
International Edition

Garrigues Hits €454M Revenue as Firm Charts 10 Years of Growth

By Alex D'Elia | February 21, 2024

However, the firm's growth trajectory has slowed, with leaders citing 'global geopolitical crisis and political and institutional instability'.

3 minute read
The American Lawyer

Vereins: A Means for Law Firms to Dodge Responsibility?

By Krishnan Nair | February 26, 2024

The Global Lawyer: Swiss verein law firms, made up of multiple distinct legal entities, like to portray themselves as one unified firm—but when they're against the wall, do they shape-shift to their advantage?

5 minute read
The Legal Intelligencer

Eying Continued Canadian Growth, Cozen O'Connor Appoints New Office Managing Partners

By Lisa Shuchman | February 26, 2024

Kathy Tang will lead the firm's Vancouver office and Steve Weisz will helm the Toronto team.

3 minute read
The Legal Intelligencer

No Longer Just an HR Matter, DEI Expands to Law Firm Operations

By Amanda O'Brien | February 26, 2024

It's not just a question of talent management, but also how the offices are decorated and what are the parking and seating arrangements, among other examples.

5 minute read
The American Lawyer

Has Big Law Finally Returned to a Point of 'Normalcy'?

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.

6 minute read
National Law Journal

'Steady Year in a Turbulent Market': McGuireWoods Surpasses $1B in Gross Revenue

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.

4 minute read
Daily Report Online

Atlanta Lawyer Arrested, Facing Charges She Told Suspect to Dispose of Evidence

By Thomas Spigolon | February 22, 2024

Nicole Fegan of Fegan Law was arrested by Atlanta police Feb. 16 and charged with participation in criminal street gang activity and criminal solicitation to commit the offense of tampering with evidence, both felonies.

3 minute read
The American Lawyer

Amid Partnership Expansion, Paul Hastings Sees Double-Digit Boost in Profits and RPL

By Patrick Smith | February 22, 2024

Paul Hastings' equity tier grew by 2% while its nonequity tier surged by 14%.

5 minute read
The Legal Intelligencer

Pa. Firms Seek Efficiency, Amenities in New Office Spaces

By Amanda O'Brien | February 22, 2024

Current trends observed in both Philadelphia and Pittsburgh include same-sized offices, a commitment to office sharing and amenity spaces that take wellness seriously.

5 minute read
Law.com

New Strategic Planning Considerations for Legal Industry Leaders

By Yuliya LaRoe | February 22, 2024

The business landscape over the last few years has been changing at an ever-increasing speed. To effectively navigate the challenges and opportunities that present themselves, leaders need to adopt a fresh approach to strategic planning.

7 minute read
National Law Journal

As Firm Expenses Grew by $15M, Vorys' Revenue Rose but Profits Declined

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.

3 minute read

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