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Competitive intelligence and news on billing rates, evolving rate pressures and alternative pricing.
By Andrew Maloney | April 18, 2023
Amid industry-wide dip, some Am Law 100 firms soared.
7 minute read
By Dan Roe | April 18, 2023
Rates and expenses have a limited window to rise in unison before law firms have to turn to innovation.
8 minute read
By ALM Staff | April 18, 2023
A shifting market didn't do enough to change the top of our rankings of the 100 largest law firms by gross revenue.
1 minute read
By Alexander Lugo | April 11, 2023
Even after a rate hike, the firm said its billing rates were still desirable because of how they compare across its office markets.
6 minute read
By Justin Henry and Amanda O'Brien | April 10, 2023
Troutman saw a 2.8% increase in net income spread across an equity partner pool that shrunk 8.5%, allowing profits per equity partner to soar 12.4% to $1.55 million, as the firm de-equitized some of its partnership.
4 minute read
By Amanda O'Brien | Justin Henry | April 10, 2023
Troutman saw a 2.8% increase in net income spread across an equity partner pool that shrunk 8.5%, allowing profits per equity partner to soar 12.4% to $1.55 million, as the firm de-equitized some of its partnership.
4 minute read
By David McVeigh | April 3, 2023
When GCs can't 'staff up' for more support, they 'send out.' The question is: Can they send out, get more, and still somehow pay less? (Hint: Not with Legal's current budgeting structure.)
6 minute read
By Dan Roe | March 30, 2023
Second-year associates and 19th-year partners share the same billing rate in recent bankruptcy filings.
3 minute read
By Sarah Tincher-Numbers | March 24, 2023
The Washington, D.C.-based firm saw gains in its regulatory and litigation practices, as well as its contingency fee business, particularly in health care and antitrust recovery.
4 minute read
By Dan Roe | March 22, 2023
The global law firm finished 2022 down 3.8% on gross revenue and 12.8% on profits per equity partner after separating from 17 partners and more than 200 personnel in Russia.
4 minute read
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