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By Justin Henry | Patrick Smith | October 27, 2023
The partner moves from Stroock amount to more than half of its partnership, creating an even more bleak future for the New York law firm that was founded nearly 150 years ago.
5 minute read
By Christopher Niesche | October 23, 2023
The Australian firm, which is now a national legal brand, has enjoyed 18 years of consecutive double-digit revenue growth.
5 minute read
By Jack Womack | October 19, 2023
Like its rival Deloitte Legal, KPMG's legal arm is expected to land in the UK Top 50 in the next two or three years.
2 minute read
By Jack Womack | October 11, 2023
Deloitte Legal's total lawyer headcount in the UK has also increased and is now comparable with some of the country's Top 50 law firms.
3 minute read
By Habiba Cullen-Jafar | October 10, 2023
The firm's recently-filed LLP accounts also show its top-earning partner took home £1.7 million in 2022, 34% less than in the previous year.
2 minute read
By Charlotte Johnstone | October 8, 2023
Enhanced regulation of other sectors, like banking, could be a warning sign for law firms of increased scrutiny to come, one UK lawyer has warned.
2 minute read
By Habiba Cullen-Jafar | October 6, 2023
The London managing partner is set to retire at the end of 2024 after over 20 years at the helm.
2 minute read
By Dan Roe | October 5, 2023
A recent survey of managing partners, COOs, CFOs, pricing chiefs and other senior law firm professionals at 50 firms in the U.S., Canada, the United Kingdom and Europe showed a signifcant decline in profitablility satisfacton.
3 minute read
By Habiba Cullen-Jafar | October 4, 2023
Only 3 of the top 15 law firms for European M&A in 2023 to date were firms founded in Europe
4 minute read
By Jessica Seah | September 19, 2023
Chinese firm revenue plummeted despite growth in head count.
7 minute read
By Paul Hodkinson | March 25, 2024
Class actions are set for significant growth across the globe and law firms that corner the market could reap big rewards, Paul Hodkinson writes.
6 minute read
By Amanda O'Brien | March 22, 2024
Core revenue increased from the previous year if contingency fees are removed from the equation, according to chairman and managing partner Gary Wingens. The firm is also poised to bring on a new chief operating officer, Goodwin Procter veteran Michael Caplan.
4 minute read
By Andrew Maloney | March 22, 2024
Several law firm leaders have said they are often more concerned with per-lawyer or per-partner thresholds, compared with top-line milestones.
5 minute read
By Patrick Smith | March 22, 2024
"There was no plan for mass de-equitization," said chair Kenneth Rosh. "We do manage it [the partnership], and there were some laterals who left and some retirements."
6 minute read
By Dan Roe | March 21, 2024
Strong performances in litigation, middle-market M&A and bankruptcy practices propelled the firm to a 6.2% increase in gross revenue.
6 minute read
By Thomas Spigolon | March 21, 2024
"We're not going to limit the people who should be partners when they've achieved the firm's milestones," said CEO Betty Temple.
6 minute read
By Abigail Adcox | March 21, 2024
Kirkland, Crowell, Quinn and Susman Godfrey, among others, have all had financial gains from contingency fee cases. "We've seen a noticeable increase in interest in building out plaintiff side practices," said Evan Meyerson, at Burford Capital.
6 minute read
By Patrick Smith | March 21, 2024
Despite a higher head count in 2023, Goodwin said it did not plan on any force reductions in 2024.
5 minute read
By Andrew Maloney | March 20, 2024
People were the engine of the Am Law 100 firm's gains last year, with 34 lateral partners and around 90 lawyers overall joining the firm, said Barnes managing partner Andy Detherage.
5 minute read
By Thomas Spigolon | March 20, 2024
The firm reached another financial milestone in 2023, when its PEP passed the $3 million mark for the first time, increasing 9.3% to $3.252 million.
5 minute read
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