By Dan Roe | February 14, 2024
As Big Law keeps getting rewarded for pushing large rate hikes, analysts and consultants say midsize firms are leaving money on the table.
By Thomas Spigolon | February 5, 2024
If midsize firms can't match the top of the market in associate compensation, they should tout other perks to potential recruits, said recruiter Steve Stone. For some, non-financial benefits include earlier access to client contact and work-life balance.
By Alexander Lugo | January 16, 2024
Newly formed Maschoff Brennan Gilmore Israelsen & Mauriel will have offices in California, New York and Utah. "We are certainly not resting on our laurels," said one leader in an interview. "We're interested in ... expanding our geographic base into markets that seem to make sense."
By Dan Roe | October 31, 2023
It's a buyer's market for midsize firms across the country as Big Law associates struggle to hit hours and partners get priced out of their own practices.
By Dan Roe | February 21, 2023
Economic uncertainty is accelerating clients' flight to law firms with niche expertise.
By Michelle Foster, Founder, and Drew Foster, Managing Director, of The Foster Group | January 30, 2023
"For middle-market firms, a shifting market offers a variety of advantages in terms of attracting both clients and talent," Michelle and Drew Foster write. "Should a further economic slowdown create conditions that cause a down market, those advantages could be even more pronounced."
By Dan Roe | January 3, 2023
The tables have turned on large firms that poached mid-market talent in recent years.
By Dan Roe | October 31, 2022
Midsize firm leaders expected a rise in flat-fee requests from clients under pressure to control costs, but getting too many requests in a specific area could signal pricing pressures on firms themselves on the horizon.
By Jessie Yount | October 26, 2022
Prospective clients are searching for more reasonable rates, more efficient staffing, more discerning billing practices, and more creative fee arrangements.
By Ronald H. Shechtman, Managing Partner, Pryor Cashman LLP | October 11, 2022
"As a midsize firm we have found ourselves perched comfortably between Big Law partners who crave our comparative agility and flexibility, and lawyers from smaller firms who see the midsize platform providing the potential to raise their ceiling and business development goals," writes Pryor Cashman managing partner Ronald H. Shechtman.
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In Memoriam: Richard "Dick" K. DeScherer (1944-2024) We mourn the loss of our friend and former partner and Co-Chairman, Richard "Dick" K. DeScherer. Dick was a member of Willkie Farr & Gallagher LLP for more than 24 years. He was the consummate business lawyer, wonderful colleague and true friend. He joined the Bloomberg organization in 2012, a client for whom he had served as their principal legal advisor since their inception, and later was appointed as a member of their board. Dick's knowledge and experience were unparalleled, as evidenced by appointment to leadership and board positions at numerous well-respected organizations. He was deeply involved in civic and community engagements through his work with the S.L.E. (Lupus) Foundation, Lupus Research Institute, United Hospital Fund of New York, Lincoln Center for the Performing Arts, National Dance institute, and Baryshnikov Dance Foundation, among others. He received an LL.M. in Taxation from New York University in 1970, a J.D. from Georgetown University Law Center in 1969, and a B.A. from the University of Virginia in 1966. He was a member of the American Bar Association, the New York State Bar Association and the Association of the Bar of the City of New York. We offer our sincerest condolences to his family, including his wife Jennie, son Christopher and wife Amanda, daughter Kate, and grandchildren Emmett, Serena, George, Emily and Madeline. We will remember Dick with the utmost respect, admiration and affection. His loss will be felt by his many friends and colleagues at Willkie, and by all those whose lives he touched.
Congratulations to FLB Law's Newest Partner Matthias J. Sportini
Welcome Judge Joseph Quinn (Ret.) The Honorable Joseph P. Quinn, J.S.C., retired New Jersey Superior Court Judge, served for 23 years in the court s Civil, Chancery, and Family Divisions, where he was a strong proponent of mediation and alternate dispute resolution. As the head of Ansell.Law s mediation practice, Judge Quinn provides a valuable resource to parties seeking a final and efficient resolution of their disputes. ANSELL GRIMM & AARON, PC 732-922-1000 https://ansell.law/