By Andrew Maloney | November 22, 2022
"We're seeing higher planned rate increases at this point than we've ever seen, and we've been tracking this for 15 years," said a Wells Fargo analyst.
By Andrew Maloney | November 21, 2022
Expectations for a quick surge in profitability appear to have fallen.
By Andrew Maloney | November 15, 2022
Average law firm net income fell by 7.3% and profits per equity partner was down 8.5% through the first nine months of 2022, according to a new Wells Fargo report.
By Andrew Maloney | November 7, 2022
Big Law equity partners are facing possibly smaller payouts, as firms are under pressure to cut into head count, according to the latest Law Firm Financial Index.
The American Lawyer | Analysis
By Justin Henry | October 25, 2022
An updated survey finds that principal administrators in firms of all sizes are pushing for the COO title, which correlates to higher compensation.
By Andrew Maloney | October 20, 2022
Several firms from the Am Law 100 on down have launched new groups over the last few years to handle more business from colleges and universities.
The Legal Intelligencer | Analysis
By Justin Henry | October 13, 2022
While less than 5% of the firm's annual revenue comes from arrangements in which the client agrees to a set price for 12 months of legal services, that figure is growing, according to managing partner Steve Wall.
By Brenda Sapino Jeffreys | October 11, 2022
With realization up, a new Clio report finds that every hour of work has become more valuable to firms.
The American Lawyer | Analysis
By Andrew Maloney | October 11, 2022
Middle-market deals continue at a healthy pace, while real estate, health care and marijuana transactions are flourishing.
The American Lawyer | Analysis
By Dan Roe | September 26, 2022
Some prosecutors on the DOJ's newly formed Digital Assets Coordinator Network will look to earn the first conviction in a new area of law, said crypto lawyers who expect to get busier as the network's first enforcement actions materialize.
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