New Jersey Law Journal | Analysis
By David Gialanella | June 12, 2023
The picture is not quite as rosy as a year ago. But the 40 listed firms collectively increased firmwide gross revenue 4.6% year over year.
The American Lawyer | Analysis
By Justin Henry | June 5, 2023
A string of individual departures along with an increase in group moves at both Shearman & Sterling and Stroock & Stroock & Lavin bring attention to the calculations partners need to make when they gain a sense their firm may be in distress.
The American Lawyer | Analysis
By Dan Roe | June 2, 2023
As law firms wait and see whether the economy picks up in the third quarter, associates at risk of layoffs are feeling the other side of the billable hour's wrath.
The American Lawyer | Analysis
By Justin Henry | May 23, 2023
Am Law 100 partners are defecting to Second Hundred firms for better business development opportunities, and their clients are on board.
The American Lawyer | Analysis
By Patrick Smith | May 23, 2023
For the Am Law Second Hundred, 2022 was a great year. They are looking to continue that growth, but is their market-leading performance here to stay?
By Patrick Smith | April 27, 2023
Senior partner Adam Hakki noted that while 2023 will be a transition year, many of the firm's practices are thriving and partners are being paid "consistent with our long-standing profit distribution practices."
By Jessie Yount | April 24, 2023
Holding lawyers back or not promoting them with the rest of their class year is undoubtedly a cost-cutting measure. But it's a less aggressive approach than layoffs.
By Andrew Maloney | April 20, 2023
Nearly 45% of associates said they would like to make partner at their firms, compared to 23.5% in 2021, according to a new survey from Major, Lindsey & Africa and Above the Law.
The Legal Intelligencer | Analysis
By Justin Henry | April 17, 2023
Lawyers at the firm represented a pharma distributor in a suit brought by relatives of opioid abuse victims and a Philadelphia City Councilman in a case involving allegations of fraud.
The American Lawyer | Analysis
By Justin Henry | April 13, 2023
Two years ago, law firms realized skyrocketing profits because they had no choice but to work remotely. Today, the cost-benefit analysis of spending on travel and in-person meetings is a matter of their own volition.
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