By Dan Roe | October 4, 2023
Law firms are emphasizing billing hygiene, conducting profit education and improving utilization levels to shore up profits by the end of 2023.
By Law.com Contributing Editors | September 5, 2023
"Firm is saying we have too much headcount, but we all know this is to ensure partner comp remains unaffected," one respondent said.
The American Lawyer | Analysis
By Andrew Maloney | August 25, 2023
Midsize law firms are seeing faster demand growth than big firms. But this segment of the market is still vulnerable to large, existential threats.
The American Lawyer | Analysis
By Andrew Maloney | August 22, 2023
Sidley Austin's memo to associates about late time entries highlights that law firms are tidying up billing and collections procedures amid a slower demand environment.
By Andrew Maloney | August 9, 2023
Am Law 100 firms have tried to cut head count and expenses, midsize firms have sought to bolster revenue, and the Second Hundred have sought "to find a Goldilocks zone between the two," says a new report.
By Andrew Maloney | July 19, 2023
In the age of remote work, so-called dynamic law firms have shrunk occupancy costs.
By Andrew Maloney | June 26, 2023
Law firm leaders are trying to spark a sense of pride and ownership in their law firms for the next generation, a sense they feel has diminished since the pandemic.
By Andrew Maloney | June 23, 2023
Law firm collections are "slower relative to what we've seen the last couple of years," said Jeffrey Lowe, of Major, Lindsey & Africa.
By ALM Staff | June 14, 2023
Several Big Law firms have announced layoffs and associate class deferrals as they face depressed demand across sectors and geographies.
By Justin Henry | June 14, 2023
Around 20 staff members and 30 lawyers, including those in corporate practices, are affected, according to sources with knowledge of the cuts.
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