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

Firms Using the 'Black Box' Hope Ignorance Equals Bliss When It Comes to Partner Comp

By Justin Henry | January 16, 2024

"It is so much easier to keep people happy when they can't see someone is making more than them even though they have more in originations," said Jeffrey Lowe, recounting the message he hears from firms with opaque compensation models.

5 minute read

International Edition

New Global Chair Says Norton Rose Fulbright Staying the Course With Current Firm Leadership

By Gail J. Cohen | January 12, 2024

Walied Soliman, the highly respected and sometimes outspoken chair of Norton Rose Fulbright Canada, took over the one-year assignment as the firm's global chair this week. In an interview, Soliman, who is also head of the firm's special situations team, talks about the firm's goals and expectations for the coming year.

4 minute read
International Edition

Greenberg Traurig, DLA Piper Hire Top Local Talent in Mexico; Haynes and Boone Names New Mexico City Administrative Partner

By Amy Guthrie | January 11, 2024

U.S. law firms are scooping up seasoned practitioners in Mexico as nearshoring enthusiasm continues to channel work into the country.

3 minute read

International Edition

Canadian M&A Lawyer Takes Second Turn as Global Chair for Norton Rose Fulbright

By Gail J. Cohen | January 11, 2024

Walied Soliman has chaired the Canadian team since 2017 and is also head of the firm's special situations team.

3 minute read
International Edition

McMillan Brings on 4-Person Commercial Leasing Team in Toronto From Minden Gross

By Gail J. Cohen | January 11, 2024

Partner Christina Kobi will lead the full-service Canadian firm's commercial real estate practice.

1 minute read
International Edition

Paul Weiss Hides Partner Pay Inside 'Black Box,' as Firm Shells Out for Top Laterals

By Justin Henry | January 11, 2024

The adoption of a nontransparent pay system comes as firm leaders seek to reduce internal tensions as the spread of compensation expands.

3 minute read
International Edition

South Korea's Shin & Kim Hires Senior Advisers to Launch New Offering on AI

By Jessica Seah | January 10, 2024

Leading the new offering is a group of three senior advisers, two of whom are Shin & Kim recent hires.

3 minute read
International Edition

Paris is Ripe For Private Equity Growth, Say Kramer Levin's New Office Leaders

By Rick Mitchell | January 10, 2024

The New York-headquartered firm named the office's co-leaders for two-year terms at the start of the month.

4 minute read
International Edition

Top Big Law Partners Are Earning More Than $2,400 Per Hour, as Rates Continue to Climb

By Dan Roe | January 10, 2024

Dechert has hiked its rates for top partners by 20%, while McDermott is charging top partners out at $2,590 hourly, according to recent bankruptcy court filings.

3 minute read
International Edition

Quinn Emanuel London Revenue Leaps 47% as Profits Swell

By Charlotte Johnstone | January 10, 2024

The firm's London senior partner, Richard East, said that the year's success was 'boosted by a material one-off success fee'.

2 minute read
The Legal Intelligencer

With an Eye Toward the Future, Two Phila. Personal Injury Firms Switch to Co-Managing Partner Model

By Max Mitchell | January 24, 2024

"That mentality not only attracts talent," he said. "Why would I leave if I'm already doing everything I would want to do if I left?"

6 minute read
The American Lawyer

Where Are Big Law Billing Rates Growing the Fastest?

By Andrew Maloney | January 24, 2024

Some lawyers have seen a rate increase above 20%. Overall, lawyers in financial services and health care, and in markets such as Dallas and Houston, all saw notable rate hikes.

4 minute read
The American Lawyer

Doubling Down on DEI

By Kristina D. Lawson and Jennifer M. Martinez | January 24, 2024

"One activist who has made an entire career of attacking policies ... essentially admitted that he does not care about whether the legal profession has a place for everyone. Well, we do," Hanson Bridgett's Kristina D. Lawson and Jennifer M. Martinez write.

5 minute read
Law.com

How I Made Office Managing Partner: Don't Sacrifice Professional Growth Opportunities for Billable Hours, Says Jeremy Glenn of Cozen O'Connor

By ALM Staff | January 24, 2024

"The work is very important, of course, but so is meaningful participation in networking and social events, working on firm or bar association committees, and participating in pro bono workshops and opportunities. All these things have added joy to my career and, in my view, are valuable tools for career planning and navigating inside a law firm."

8 minute read
Daily Business Review

Slow and Steady Has Served Jones Foster Well For A Century, Says Incoming Chair Scott Hawkins

By Alexander Lugo | January 24, 2024

"Some people put a high premium on growth for the optics. Long term, it can be a problem, so that's why I say our growth model has tended to be incremental," said the new leader of the Palm Beach County institution.

7 minute read
The American Lawyer

A 'Sweatshop'? Lawyers Detest Law Firm Cultures That Emphasize Profitability

By Andrew Maloney | January 23, 2024

"Profit-mindedness" was identified as the top law firm culture trait that inspires lawyers' negative feelings toward their firms.

5 minute read
New Jersey Law Journal

Discrimination Lawsuits Put Partners' Feedback for Associates Under the Microscope

By Amanda O'Brien | January 23, 2024

A recent lawsuit and an ongoing trial highlight the challenges that supervisors face in delivering constructive criticism to underperforming attorneys.

6 minute read
Daily Report Online

Smith Gambrell, Arnall's Promotions Reflect Emphasis on Transactional, IP Practices

By Thomas Spigolon | January 23, 2024

Both firms promoted fewer lawyers to partner this year compared with previous years.

3 minute read
Delaware Law Weekly

Morris James Welcomes New Director of Human Resources

By Victoria Pfefferle-Gillot | January 23, 2024

Morris James welcomed Michelle Spitelli to the firm as the director of human resources, effective Jan. 15.

1 minute read
New Jersey Law Journal

'That Just Doesn't Fly': Lawyers' Salaries Off Limits as Exec Sues McElroy Deutsch

By Charles Toutant | January 22, 2024

"The firm routinely permitted robust use of the cards and other firm assets for select male partners/leaders whenever and wherever they desired without any concern of repercussions," Nicole Alexander's attorney stated in court papers.

5 minute read

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