By Dylan Jackson | July 6, 2020
At least 45 law firms in the Am Law 200 received SBA loans this year.
The American Lawyer | Analysis
By Dan Packel | June 23, 2020
In the midst of an economic crisis, the traditional operating model, in which firms strip the balance sheet clean at the end of each fiscal year, distributing all the profits to the partnership and starting fresh, looks more and more like a liability.
By David Gialanella | May 19, 2020
There are five New Jersey-based firms in the "second hundred" rankings released Monday, and year-over-year changes in revenue ranged considerably among the group.
The American Lawyer | Commentary
By Gretta Rusanow | May 13, 2020
Median projections of 15% declines in second-quarter demand and revenue are partially driven by an estimated 11% lengthening of the collection cycle.
By Vanessa Blum | Leigh Jones | April 24, 2020
Are law firms financially prepared to weather the fallout from COVID-19? Hear from the experts on this week's Legal Speak podcast.
By Gina Passarella and Krishnan Nair | April 20, 2020
The many conversations happening now between law firms and their lenders may be easier this time around than in the Great Recession, but partners may be increasingly on the hook.
By Dan Packel | April 16, 2020
Partner distributions at the firm have already been deferred, and base pay for counsel has also been cut by 10%
By Samantha Stokes | April 8, 2020
Despite the move, the firm's executive board said it was "pleased" with the current level of client activity during the coronavirus pandemic.
By David Gialanella | March 9, 2020
Years into what leaders call a process to emphasize the business aspects of operating a law firm, McCarter & English posted year-over-year declines in gross revenue and attorney head count, while improving in revenue per lawyer and profitability metrics.
The Legal Intelligencer | News
By Lizzy McLellan | March 3, 2020
The firm saw revenue increase 7%, and profits per equity partner 8.1% as head count remained steady and the equity partner tier shrank.
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