The American Lawyer | Expert Opinion
By John Wilmouth and Gretta Rusanow | February 7, 2018
Increased demand led to a strong 2017, but expense growth and a lengthened collection cycle tempered profit growth. Strong inventory at year's end bodes well for the start of 2018, Citi Private Bank Law Firm Group's FY 2017 survey of law firms found.
By Roy Strom | February 6, 2018
In moving from Latham & Watkins' private equity practice, Jennifer Perkins has gone to the one firm that last year closed more deals in that space, Kirkland & Ellis.
The American Lawyer | Analysis
By Roy Strom and Christine Simmons | January 28, 2018
Lateral hiring is a reality of today's legal market, even if it is fraught with risks. In the cover story for our February Laterals Report package, we look at five strategies to limit the downside, and how they've played out for firms that deploy them.
By Susan DeSantis | January 23, 2018
As a “right size firm”—big enough to handle large, complex transactions, but small enough to be conscious of doing it efficiently and cost-effectively—Olshan lawyers really know their clients and their needs, something that large firm “client service teams” have been trying to figure out for years.
New York Law Journal | Letter to the Editor
By Rebecca Caravaglio | January 19, 2018
Lawyers tend to devote an enormous amount of time to enhancing their careers and becoming successful. Implementing all the factors that the midsize law firms in your recent article have instituted gives the attorneys a greater chance to become assets in the law field.
By Susan DeSantis | January 17, 2018
The leaders of New York's midsize law firms say they are uniquely suited to give millennials meaningful work, recognition for their accomplishments and a better work/life balance—all values that studies show are attractive to that generation.
By Susan DeSantis | January 16, 2018
"The legal market has changed significantly since the recession. We believe that these changes create opportunities for middle market firms like Farrell Fritz," says Robert Creighton, the firm's managing partner.
New York Law Journal | Analysis
By Marcie Borgal Shunk | January 11, 2018
Law Firm Marketing columnist Marcie Borgal Shunk writes: As the connection between the billable hour and financial success becomes more tenuous, so too does the premise for advocating a highly leveraged business model comprised primarily of lawyers. The pyramid model the industry has grown to know and love may be coming to an end. What will surface in its place?
By Roy Strom | January 10, 2018
"Consensual neglect?" An annual report from Georgetown University and Thomson Reuters states that many law firms are ignoring drastic changes occurring in the legal market.
By Roy Strom | January 3, 2018
Altman Weil Inc. said there were 102 mergers last year, topping the record of 91 set in 2015. The long-running factors remain the same. But several new questions have also arisen.
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