By Justin Henry | March 28, 2023
"At some point, [Big Law] decided they didn't want to do the day-to-day work of corporations, just bet-the-company type stuff," Wendy Bernero, chief growth officer of software provider Page Vault, said at a LegalWeek panel on the state of mid-market firms. "The gift they gave to middle-market firms was the day-to-day work."
By Jessie Yount | March 27, 2023
Midsize firms are scooping up laterals from Big Law, drawn to smaller platforms that alleviate billing rate pressures and more.
By Dan Roe | March 22, 2023
Large corporate clients are increasingly tapping midsize and specialty shops for their litigation matters, but lower rates are only one part of the story.
By Justin Henry | March 14, 2023
Managing too many software programs ranked high among sources of stress for midsize firm employees and staff, according to a recent survey.
By David Gialanella | Justin Henry | March 1, 2023
"It seems that every law firm out there wants to be double the size they are now, no matter what size they are now," said one firm leader.
By Dan Roe | February 21, 2023
Economic uncertainty is accelerating clients' flight to law firms with niche expertise.
By Jessie Yount | February 14, 2023
Firm leaders said they face fewer limitations when it comes to helping early-stage companies, and view the current environment as an opportunity to press their advantage.
By Justin Henry | David Gialanella | Everett Catts | Jessie Yount | Max Mitchell | Dan Roe | February 8, 2023
From changing billing software to developing incentives for timely billing, midsize law firm leaders shared enhancements they made to their billing practices in recent interviews.
By Justin Henry | January 31, 2023
Midsize law firms often pitch themselves to candidates on upward mobility and a collaborative culture to make up for lower compensation compared to…
By Michelle Foster, Founder, and Drew Foster, Managing Director, of The Foster Group | January 30, 2023
"For middle-market firms, a shifting market offers a variety of advantages in terms of attracting both clients and talent," Michelle and Drew Foster write. "Should a further economic slowdown create conditions that cause a down market, those advantages could be even more pronounced."
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