The American Lawyer | Analysis
By Dan Roe | February 9, 2023
Prior to January's layoffs, the law firm has hired more than 600 lateral associates and lost nearly 400 since 2020, an American Lawyer analysis found.
The American Lawyer | Analysis
By Jessie Yount | February 1, 2023
"We're seeing a lot of interest in mergers of magnitude because laterals and [lateral] groups tend to rarely result in net growth, or net growth that is satisfying to the overall strategy," said law firm consultant Kristin Stark.
By Andrew Maloney | January 31, 2023
More large firms are also building their own ALSPs, according to a new report.
The American Lawyer | Analysis
By Andrew Maloney | Patrick Smith | January 17, 2023
"Getting people to come back in the office is continuing to be a challenge," said one Am Law 100 leader. "Do we lay down the law? Or is the cost of doing that not worth the price we will pay?"
By Justin Henry | January 9, 2023
A Paul Hastings representative said Friday that the firm now has no plans to hire Jonathan O'Brien, who recently returned to the U.S. from an overseas vacation.
New Jersey Law Journal | Analysis
By Justin Henry | December 5, 2022
Leaders at the Newark-based firm say temporary expenses during the pandemic came back into play during its 2022 fiscal year, which saw it expand into Indianapolis and Miami.
By Andrew Maloney | December 2, 2022
Profit pressure from rising client discounts is also "driving lawyers hard to increase billable hours" and that could jeopardize talent if it continues, according to a new report.
The American Lawyer | Analysis
By Justin Henry | Jessie Yount | December 2, 2022
One lesson that can be gleaned is the importance of building broad corporate practices and offering a range of industry expertise, according to industry observers.
By Andrew Maloney | December 1, 2022
Law firms may not want to expand and incur even more expenses after a costly 2021 and 2022. "There's a lot of concern about all of these really high expenses that have been incurred over the last couple years," said Georgetown's Jim Jones.
By Andrew Maloney | November 29, 2022
If it used to take 30 days for a payment, it's now taking 60; if it used to take 60 days, it's taking 90, said Citi's Gretta Rusanow.
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