Law Firm Profitability

International Edition

Stephenson Harwood Offers Hope for UK Results Season With Strong Financials

By Charlotte Johnstone | June 8, 2023

The firm attributed its strong performance to its balance in practice areas, with dispute resolution bouncing back after a quieter couple of years.

2 minute read

International Edition

Whats Up With Texas? Clifford Chance's Houston Debut Marks the Latest UK Entry into Texas

By Brenda Sapino Jeffreys | June 6, 2023

"We are trying to play our own game," said Clifford Chance's Sharis Pozen. "We are looking at where the talent is and where our clients are pointing us."

5 minute read
International Edition

Freshfields Pips Linklaters in Latest FTSE 100 Adviser Rankings

By Habiba Cullen-Jafar | June 1, 2023

The rankings for 2023 Q2, compiled by Adviser Rankings, remain steady despite economic headwinds and industry change causing uncertainty.

3 minute read

International Edition

Visualizing A&O Shearman—How the Numbers Stack Up

By Jack Womack | May 25, 2023

Using the latest data from Law.com Compass, Law.com International shines a light on the anticipated combination in four charts and three key figures.

4 minute read
International Edition

Smaller but Mightier: The 2023 Am Law 200 Outperforms Larger Firms

By Patrick Smith | May 24, 2023

For the Am Law Second Hundred, 2022 was a great year. They are looking to continue that growth, but is their market-leading performance here to stay?

10 minute read
International Edition

Law Firms Are Increasingly Debt Free—Why?

By Jack Womack | May 16, 2023

The U.K.'s largest 50 law firms reduced their combined debt by more than £100 million in the 12 months to April 2022, fresh research shows.

4 minute read
International Edition

Why UK Law Firms Might Be Over the Worst

By Paul Hodkinson | May 12, 2023

There are a few reasons why this May could mark the start of a brighter period for London's legal market, writes The London Lawyer.

4 minute read
International Edition

Dechert to Cut Global Workforce by 5%

By Amanda O'Brien | May 9, 2023

The firm, which has offices in the U.K., Asia, the Middle East and Europe, is letting go of 55 attorneys and 43 business professionals, including a "redundancy" process that has begun in London.

2 minute read
International Edition

Revenue, Profits Drop at Finnegan in 2022, but Firm Invested in Growth

By Brenda Sapino Jeffreys | May 9, 2023

Among its investments, the intellectual property specialty firm opened an office in Munich. Between its offices in Munich and London, the firm said it now has more than 25 IP professionals in Europe, where the Unified Patent Court is set to open this summer, providing work for IP lawyers.

4 minute read
International Edition

Withers Calls On Junior Partners to Stump Up as LLP Accounts Show Cash Fall

By Habiba Cullen-Jafar | May 5, 2023

The firm's recently-filed accounts show its overdraft balance is higher than its cash level.

2 minute read
The American Lawyer

Despite Expense 'Dent' From Pay Raises, Law Firms Expect to See Rebound in Transactional Practices

By Andrew Maloney | December 6, 2023

Firms can anticipate a rebound in transactional practices heading into 2024. "As such, we expect 2024 to be a better year than we saw in 2023," said Citi and Hilderbrandt Consulting in a new report.

6 minute read
The American Lawyer

Full Circle: Milbank Matches Latest Associate Pay Scale

By Patrick Smith | December 5, 2023

Milbank's mid and senior associates are getting another pay raise.

2 minute read
Law.com

Law Firm Leaders Less Bullish on 2024: The Morning Minute

By Zack Needles | December 5, 2023

The news and analysis you need to start your day.

4 minute read
The American Lawyer

Deal Watch: Wachtell, Ropes Lead $10B Biotech Deal, and M&A Landscape Could Use Fewer 'Shock Waves'

By Patrick Smith | December 4, 2023

Deals continue to come in, though not at a pace most would prefer. Debevoise's Michael Diz said the last couple of years have been one shock after another.

6 minute read
The American Lawyer

Year-End Bonuses Top $300K for Several Boies Schiller Associates

By Dan Roe | December 4, 2023

The litigation shop's formula compensation system rewards associates for originating clients and contributing to contingency cases.

2 minute read
The American Lawyer

'Not A Rosy Outlook': Law Firm Leaders Are Less Bullish Heading Into 2024

By Andrew Maloney | December 4, 2023

Even before some firms embraced associate salary increases, the legal industry appeared less optimistic heading into 2024 than they were going into 2023, according to a recent survey.

5 minute read
The American Lawyer

'Smaller Group' of Law Firms May Match Associate Pay Scale This Time Around

By Andrew Maloney | November 30, 2023

Second Hundred law firm leaders said that, while they keep tabs on top-of-the-market compensation, they don't feel compelled by it.

6 minute read
The American Lawyer

Kirkland, Quinn, Davis Polk, Wachtell and Sidley Line Up to Match Cravath Salary Scale

By Patrick Smith | November 30, 2023

Quinn Emanuel, which is matching the latest base salary scale and bonuses, is expecting profits to increase more than 20% this year.

5 minute read
The American Lawyer

Latham, Mayer Brown, Greenberg Traurig Lead 2023 Social Law Firm Index

By Patrick Smith | November 30, 2023

While several law firms earned top recognition in their digital marketing, law firms overall are facing uncertainty over how to handle AI and X.

6 minute read
New York Law Journal

How Legal Finance Facilitates New Lawyering Combinations and Strengthens Old Ones

By G. Andrew Lundberg | November 30, 2023

Legal finance is uniquely capable of enabling the integration of lateral lawyers or practice groups into firms by allowing lawyers to meld a firm's risk appetite with the client and case profiles new lawyers can bring to the party. For the same reasons, it's also uniquely suited to bridging emerging rifts in existing firms.

6 minute read

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From Data to Decisions

Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends.

Exclusive Depth and Reach.

Law.com Compass includes access to our exclusive industry reports, combining the unmatched expertise of our analyst team with ALM’s deep bench of proprietary information to provide insights that can’t be found anywhere else.

Big Pictures and Fine Details

Law.com Compass delivers you the full scope of information, from the rankings of the Am Law 200 and NLJ 500 to intricate details and comparisons of firms’ financials, staffing, clients, news and events.