By Dan Roe | April 11, 2024
Another year of strong rate increases for Big Law means continued pressure on practices that can't sustain firmwide increases—and opportunities for midsize firms with greater flexibility.
By Dan Roe | February 14, 2024
As Big Law keeps getting rewarded for pushing large rate hikes, analysts and consultants say midsize firms are leaving money on the table.
By Thomas Spigolon | February 5, 2024
If midsize firms can't match the top of the market in associate compensation, they should tout other perks to potential recruits, said recruiter Steve Stone. For some, non-financial benefits include earlier access to client contact and work-life balance.
By Alexander Lugo | January 16, 2024
Newly formed Maschoff Brennan Gilmore Israelsen & Mauriel will have offices in California, New York and Utah. "We are certainly not resting on our laurels," said one leader in an interview. "We're interested in ... expanding our geographic base into markets that seem to make sense."
By Dan Roe | October 31, 2023
It's a buyer's market for midsize firms across the country as Big Law associates struggle to hit hours and partners get priced out of their own practices.
By Dan Roe | February 21, 2023
Economic uncertainty is accelerating clients' flight to law firms with niche expertise.
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."
By Dan Roe | January 3, 2023
The tables have turned on large firms that poached mid-market talent in recent years.
By Dan Roe | October 31, 2022
Midsize firm leaders expected a rise in flat-fee requests from clients under pressure to control costs, but getting too many requests in a specific area could signal pricing pressures on firms themselves on the horizon.
By Jessie Yount | October 26, 2022
Prospective clients are searching for more reasonable rates, more efficient staffing, more discerning billing practices, and more creative fee arrangements.
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