Law Firm Profitability

International Edition

DWF Considers Delisting With Talks Over Private Equity Sale

By Jack Womack | July 10, 2023

Shares in the listed law firm have soared on the news of a possible take-private.

2 minute read

International Edition

Taylor Wessing Scraps Profit Share Bonus Scheme After UK Profits Fall

By Jack Womack | July 7, 2023

The firm offered the bonus to everyone at the firm, excluding partners, in the previous two financial years.

2 minute read
International Edition

Intra-Asia Deals Dominate Asia Pacific M&A Market

By Jessica Seah | July 7, 2023

The value of announced deals in Asia was over $282 billion, a 40% drop from the same period last year.

4 minute read

International Edition

Latham Leads Legal Adviser Tables, as Worldwide M&A Hits Lowest Point in 3 Years

By Patrick Smith | July 7, 2023

Latham and Kirkland were top ranked while several Wall Street law firms picked up market share and rose up the league tables released by Refinitiv.

5 minute read
International Edition

Slaughters and Linklaters Slide Down H1 UK M&A Rankings Amid Dismal Market

By Habiba Cullen-Jafar | July 7, 2023

The Refinitiv data showed a dramatic 49% decrease in the value of European M&A, marking a 10-year low.

4 minute read
International Edition

HFW Posts Double-Digit Growth Alongside PEP, Profit Rises

By Jack Womack | July 6, 2023

The firm's leaders have attributed the strong set of financial results to a refreshed firm strategy.

2 minute read
International Edition

Eversheds Maintains Revenue Growth Against Difficult Backdrop

By Habiba Cullen-Jafar | July 4, 2023

CEO Lee Ranson described the results as "pleasing" in the face of "volatility" across the market.

2 minute read
International Edition

Scottish Legal Scene Fizzes with an Office Launch and its First £100M Law Firm

By Habiba Cullen-Jafar | July 4, 2023

Though overall growth is slowing in line with other parts of the UK, Scotland is nevertheless attracting interest with a UK top 50 firm planting its flag in Glasgow.

2 minute read
International Edition

PEP Drops 13% at Osborne Clarke

By Jack Womack | July 3, 2023

The firm's international CEO said more consolidation in the industry was 'inevitable' given difficult market conditions.

2 minute read
International Edition

Cravath Has Made Sweeping Moves. Is It Enough?

By Patrick Smith | June 12, 2023

A non-equity tier is a possibility for Cravath, said some industry observers, given what other firms in similar positions have done in recent years.

7 minute read
Law.com

Recruiting and Retaining Talent: Advantages of a Two-Tier Partnership Structure

By Miten Shah | December 13, 2023

While the one-tier partnership model ruled for a long period of time, today's competitive challenges exposed its limitations, particularly in terms of talent recruiting and retention, as well as client acquisition.

7 minute read
The American Lawyer

Amid Exits, FisherBroyles Develops Profit-Sharing Plan for 2024

By Justin Henry | December 13, 2023

The profit-sharing plans of both FisherBroyles and a spinoff firm are a departure from the usual practices of distributed law firms.

5 minute read
National Law Journal

DC Law Firms Have Gotten 'Head Start' on Billing and Collections Push

By Abigail Adcox | December 13, 2023

Steptoe has also been investing more in financial and budget professionals, alongside updating its financial systems, said firm chair Gwen Renigar, adding that "we have a much stronger modern infrastructure to help us all year long."

5 minute read
Law.com

How Some Big Law Firms Can Afford Associate Salary Raises: The Morning Minute

By Zack Needles | December 13, 2023

The news and analysis you need to start your day.

4 minute read
The American Lawyer

How Some Big Law Firms Can Afford Associate Salary Raises

By Andrew Maloney | December 12, 2023

Most of the law firms that have confirmed matches to the latest associate salary scale have PEP above $2 million a year and more than $1 dollars in gross revenue.

5 minute read
The Legal Intelligencer

Pa. Firm Leaders Turn Cautious Following Years of Optimism, According to Survey Results

By Max Mitchell | December 11, 2023

The cautious outlook jibes with what firm leaders said about their revenues this year. Fewer reported seeing revenue increases than at any point since the pandemic.

6 minute read
The American Lawyer

'Staggering' Jump in Law Firms Planning to Expand Nonequity Partner Ranks

By Andrew Maloney | December 7, 2023

The average annual growth in income partner classes at some of the most profitable firms between 2017 and 2022 was 13.4%, while at other large, two-tier partner firms, it was 4%, according to a report this week.

4 minute read
The Legal Intelligencer

Transactional Turbulence Made 2022 a Mixed Bag for Pennsylvania Firms

By Amanda O'Brien | December 7, 2023

Dips in transactional work translated into a mixed-bag of financial results for Pennsylvania's Am Law 200 firms in 2022, as they returned to reality after 2021's glut of hiring, transactional work, and revenue increases.

7 minute read
Law.com

Can the Distributed Law Firm Model Still Work?: The Morning Minute

By Zack Needles | December 7, 2023

The news and analysis you need to start your day.

4 minute read
The American Lawyer

Citing Health-Related Reasons, Proskauer's Chair to Step Down

By Patrick Smith | December 6, 2023

Proskauer will have an election to fill Steven Ellis' position in January, with the newly elected chair taking the reins in April 2024, according to managing partner Daryn Grossman.

3 minute read

Previous Previous
1
2
3
4
5
6
7
8
9
10
…
106
Previous

Featured Employers

Spotlight Job

M&A Partner - leading City Firm

This leading international firm has been a massive success story in recent years. Growth of the Corporate practice, with a number of key market leading partner hires, has further increased the workstr...

Signium

London, Greater London, United Kingdom

More From ALM

Are you managing NDAs with the speed and precision the market demands? Download this guide to learn about the most important terms in private equity NDA to help streamline your workflows.

The Top 10 Terms in Private Equity NDAs

Brought to you by Ontra
Download Now

As private equity fund managers, remaining compliant on every front is critical as the SEC continues to intensify enforcement efforts and propose reforms. Learn how to improve your compliance and face your biggest risks head on in this guide.

Top 10 Compliance Concerns for Private Fund Managers

Brought to you by Ontra
Download Now

Premium Subscription

With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas.
View Now

Team Accounts

Our Team Account subscription service is for legal teams of four or more attorneys. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team.
View Now

Bundle Subscriptions

Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Both options are priced the same.
View Now

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.