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.
By Justin Henry | Hank Grezlak | October 11, 2022
"I'm a big believer in consistent and predictable pricing featuring premium fees that drives the total cost of the matter discussion," said Patrick Fuller, vice president of ALM Intelligence. "Too often, I've seen lawyers in mid-market firms sell on lower fees or lower fees as a business development tool instead of the value they will efficiently and effectively deliver to the client."
By Justin Henry | September 27, 2022
For many midsize firms we've reported on this year, leaders have told us that the reward for developing a sophisticated practice and loyal client base is constantly having to fend off competition from larger national firms.
By Jessie Yount | Dan Roe | June 27, 2022
Rate flexibility is also helping midsize firms land partners and clients that are being priced out of Big Law.
By Christine Simmons | Lizzy McLellan | David Gialanella | April 16, 2021
"We might be leaving a little bit of money on the table, but it's not a time to be responding to what might be a short-term demand increase with price gouging," one firm leader said.
By Lizzy McLellan | April 18, 2019
What's the dollar value of a photocopy, or a Lexis Nexis search? That depends on who you ask.
By Lizzy McLellan | January 4, 2019
Recent surveys show that billable hours and originations have increased more dramatically at midsize firms than at large firms.
By Alan Tarter | December 19, 2018
From a heightened focus on cybersecurity, to offering a hybrid remote/in-office work option, here are some trends for midsize firms to look out for as the new year approaches.
By Lizzy McLellan | December 13, 2018
Midsize law firms throughout the U.S. said they've tried to even out their cash flow, but this time of year always requires more attention to accounts receivable.
By Jeff Coburn | November 26, 2018
What can law firms learn from corporate America?
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