In another sign of generally robust health among New York’s biggest firms, the latest crop of new partners is the largest in years.
With the demand for change in the legal industry pushing firms to innovate on behalf of their clients and employees, midsize law firms are ideally positioned to succeed with their nimble infrastructures and ability to quickly adapt to market trends.
Why the new breed of law firms is moving from point- to math-based compensation models.
The Tax Cuts and Jobs Act of 2017 (P.L. 115-97) is transformative legislation that dramatically changes the tax landscape for individuals and businesses for years to come. It has an impact on the income tax that attorneys will pay and it also affects the work that firms will be asked to do.