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By Hank Grezlak | September 6, 2019
The billable hour can give mid-market firms an advantage when competing against Big Law because of the lower hourly rates, but not so when up against their peers. Moving away from it can be profitable for certain matters. But there are risks too.
1 minute read
By Hannah Roberts | September 5, 2019
The accounts show revenues rose 12% in 2018, which differs from the firm's stated 40% increase.
1 minute read
By James Willer | September 4, 2019
There are several ways that firms can improve their PEP numbers, but some are easier than others.
1 minute read
By Hannah Roberts | September 3, 2019
Our comprehensive table shows slow but steady is the story of the year for the top law firms, which are still failing to keep pace with their US rivals on profits.
1 minute read
By Rose Walker | September 2, 2019
The firms have called off talks after 18 months with some blaming foreign exchange rate volatility.
1 minute read
By Meganne Tillay | August 29, 2019
The firm's acting chair said that the difficult global market prompted clients to cancel or postpone projects.
1 minute read
By Krishnan Nair | August 28, 2019
The firm's March float made millionaires of the groups top leaders, now 217 DWF staff members have been rewarded.
1 minute read
By Simon Lock | August 19, 2019
The firm's operating profit has fallen by nearly 10% following 36% growth the previous year.
1 minute read
By Simon Lock | August 19, 2019
One accounting giant audits over 40% of the top 50 law firm LLP accounts, more than twice as many as its closest competitor.
1 minute read
By Krishnan Nair | August 14, 2019
An administrator's report has revealed a slew of creditors, including legacy Ince & Co partners who are claiming more than £15m.
1 minute read
By Andrew Maloney | February 18, 2022
Many firms did a better job collecting fees last year. Practice mix, billing discipline, and managing client relationships could help firms nudge realization higher.
5 minute read
By Patrick Smith | February 17, 2022
The firm saw its attorney and partner ranks swell, while more than half of its revenue came from cross-border matters.
7 minute read
By Jacob Polacheck | February 17, 2022
Southeast firms particularly benefited from having a New York presence, a Citi analyst said, noting that corporate and transactional practices were bright spots for these firms.
3 minute read
By Brenda Sapino Jeffreys | February 17, 2022
Revenue improved by 8.5% at homegrown Texas firms in 2021, according to a Citi Private Bank Law Firm Group survey, although average revenue was up more for the industry nationally.
4 minute read
By Justin Henry | February 16, 2022
"I think it's going to be a good year, but I think firms are smart to take a conservative approach to revenues and profits," one consultant said.
5 minute read
By Jacob Polacheck | February 16, 2022
The momentum is continuing into 2022. In the first four months of its 2022 fiscal year, Quarles & Brady is 8% above budget for billable hours, said the firm's leader.
3 minute read
By Gretta Rusanow, Gloria Gomez and Scott Kesselman | February 16, 2022
Compensation costs soared, but double-digit profit growth was still the norm across the legal industry.
7 minute read
By Dan Packel | February 15, 2022
"I don't worry about the Cravaths of the world," said LawVision's Joe Altonji. "It trickles down, even though they don't all match the market leaders."
5 minute read
By Andrew Maloney | February 14, 2022
Large firms continue to enter smaller cities such as Austin and Salt Lake City, where billing rates are often half as much as those in larger markets. But firms can enjoy plenty of benefits in such areas.
6 minute read
By Andrew Maloney | February 14, 2022
Increases in associate pay and head count led to an 8.4% rise in direct expenses at the end of 2021.
4 minute read
Celebrate outstanding achievement in law firms, chambers, in-house legal departments and alternative business structures.
The African Legal Awards recognise exceptional achievement within Africa s legal community during a period of rapid change.
Law firms & in-house legal departments with a presence in the middle east celebrate outstanding achievement within the profession.
Atlanta s John Marshall Law School is seeking to hire one or more full-time, visiting Legal WritingInstructors to teach Legal Research, Anal...
Shipman is seeking an associate to join our Labor & Employment practice in our Hartford, New Haven, or Stamford office. Candidates shou...
Lower Manhattan firm seeks a premises liability litigator (i.e., depositions, SJ motions, and/or trials) with at least 3-6 years of experien...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
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