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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.
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Quinn Emanuel's John Quinn: 'Climate Change-Related Litigation Is Going to Be a Real Growth Area'
By Linda A. Thompson | February 20, 2024
John Quinn, co-founder of one of the world's leading litigation firms, talks about global litigation opportunities, the rise of class actions in Europe and podcasting about the law.
7 minute read
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France's Fidal and Its Network Partners Look to Expand Arbitration Work in Africa, Europe
By Rick Mitchell | February 20, 2024
The French law firm has hired Africa-focused international arbitration partner Manuel Tomas at a time when international companies and their law firms are looking to tap into Africa's fast-growing markets.
5 minute read
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Law Firm Partners Income Tax Arrangements Come Under Scrutiny in Australia
By Christopher Niesche | February 20, 2024
Members of Australia's Senate are questioning the use by law firms and their partners of a tax structure that lowers the amount of tax owed to the government.
5 minute read
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Baker McKenzie's Verein Structure Heavily Scrutinized in US Malpractice Case
By Habiba Cullen-Jafar | February 19, 2024
The firm argues that the case 'has no merit', and has accused its former client of 'forum shopping', calling its lawsuit an 'affront' to certain legal doctrines.
5 minute read
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Latham Blocks Hong Kong Lawyers' Access to Foreign Files, Is It Making the Right Call?
By Jessica Seah | February 16, 2024
'If they had consulted the lawyers here, they would have gotten opposition,' says one insider, while rivals believe the firm risks being ostracized by Chinese companies.
7 minute read
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Akin Gump Revenue and PEP Up Double Digits as Aggressive Hiring Pays Off
By Brenda Sapino Jeffreys | February 15, 2024
The firm's London office had a "fantastic year" and Akin also performed well in the Middle East, particularly in Dubai, where demand and lawyer head count grew, Chairperson Kim Koopersmith said.
5 minute read
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Bird & Bird CEO: 'We Want to be a €1B Law Firm in 5 Years'
By Jack Womack | February 15, 2024
With a current global revenue of €568.7 million, the target means the firm will have to nearly double its income by 2029.
3 minute read
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Simpson Thacher Appoints First Female London Head, Jason Glover to Step Down
By Habiba Cullen-Jafar | February 15, 2024
It marks a major leadership change at the firm.
3 minute read
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Gavin MacLaren to Lead Australia's Corrs Chambers Westgarth Until 2033
By Christopher Niesche | February 14, 2024
The extension is a reflection of the firm's success under MacLaren's leadership, Corrs chairman Stephen Price said.
2 minute read
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The Future of Partner Compensation: How Profit-Sharing Systems Shape the Firm's Culture and Success
By Corinne Staves, CM Murray | February 14, 2024
The likes of Paul Weiss and Linklaters have to decide on a remuneration system that reflects their culture and strategic objectives.
5 minute read
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Former Eckert Seamans Trio Returns to Firm, Citing New Leadership
By Amanda O'Brien | February 22, 2024
Litigators Ray Middleman, Amy Roy and Shane Valenzi left for Baltimore-based Whiteford, Taylor & Preston in 2022, but Eckert CEO Scott Cessar, who started in the role last May, successfully recruited them back.
4 minute read
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McDermott Sees 13% PEP Rise as Revenue Continues Steady Growth
By Patrick Smith | February 22, 2024
The firm's revenue growth last year was slower than in recent years, but McDermott Chair Ira Coleman said the firm's concept of "institutional health" was the larger focus.
5 minute read
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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
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Faegre Drinker Rebounds From 2022 With Double-Digit PEP Growth
By Amanda O'Brien | February 21, 2024
"We saw these huge gains in litigation, including product liability, intellectual property, class actions, appellate work," said Chair Gina Kastel, who is close to completing her first year in the role.
4 minute read
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2024 Layoffs: How to Navigate the Downsizing Trend
By Leslie A. Firtell | February 21, 2024
A look at the benefits of using contract staffing when faced with downsizing.
4 minute read
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The Sweet Spot Between Microaggressions and Empty Words: Threading the Needle on Associate Feedback
By Amanda O'Brien | February 20, 2024
Law firms and partners may struggle to deliver appropriate guidance to rising attorneys while keeping diversity, equity, and inclusion standards in mind. But getting it wrong has real costs.
5 minute read
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The Morning Minute: Latest Big Law Layoffs Illustrate Inconsistency in Market
By Zack Needles | February 16, 2024
The news and analysis you need to start your day.
4 minute read
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Latham Blocks Hong Kong Lawyers' Access to Foreign Files, Is It Making the Right Call?
By Jessica Seah | February 16, 2024
'If they had consulted the lawyers here, they would have gotten opposition,' says one insider, while rivals believe the firm risks being ostracized by Chinese companies.
7 minute read
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Ex-Employee Sues Thomas J. Henry Firm, Alleging Drugging, Discrimination
By Katie Hall | February 15, 2024
The case is the second lawsuit filed against the firm in less than two years in which a woman alleged misconduct by a man in connection with the Austin Elevates art and music festival.
5 minute read
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Proskauer Snags 2 Milbank Attorneys to Expand Finance Practice
By Patrick Smith | February 15, 2024
Eric Reimer cited market changes that he said made Proskauer a better fit for his practice. "I do a lot of bankruptcy financing and restructuring, and I see the market moving away from bankruptcy and to balance sheet adjustment."
3 minute read
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