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September 08, 2022 | The American Lawyer

Hiring Pauses, Stealth Layoffs at Top 50 Law Firms Signal Industry Austerity

Cooley has reportedly implemented a freeze on hiring associates, while sources say Reed Smith is responding to dipping profitability in lower performing regions by easing out senior lawyers who lack substantial books.
5 minute read
August 31, 2022 | The Recorder

Wells Fargo Hit With Proposed Data Breach Class Action

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read
August 26, 2022 | Texas Lawyer

'Getting Busier and Busier': 2022 Shaping Up Strong for Homegrown Texas Firms

Leaders of homegrown firms Jackson Walker and Munsch Hardt Kopf & Harr say revenues in 2022 may come in at record levels.
6 minute read
August 23, 2022 | The American Lawyer

Is Law Firm 'Free Agency' Pushing Clients and Firms Apart?

As law firms mix and match partners and associates on a client's matters, client relationships can diminish.
5 minute read
August 22, 2022 | Texas Lawyer

Bouncing Back From a Relatively Low-Performing 2021, Texas Firms Had a Stronger Start to 2022 Than Their Peers

According to the Wells Fargo Private Bank Legal Specialty Group Six-Month 2022 Check-In Survey results, the Texas region was the only one that improved productivity during the first half of 2022.
3 minute read
Law Journal Press | Digital Book Chester County Court Rules 2024 Authors: View this Book

View more book results for the query "Wells Fargo Bank Ltd"

August 22, 2022 | Daily Report Online

Georgia Lawsuit Claims Wells Fargo Is Liable for Alleged $21,500 Fraudulent Wire Transfer

This lawsuit was surfaced on Law.com Radar. Read the complaint here.
1 minute read
August 22, 2022 | The American Lawyer

Law Firms Likely to Make 'Course Corrections' as Inflation Challenges Billing

Average billing rate hikes of 5.8% in 2022, per Wells Fargo Private Bank, lag behind the sharper increases of recent years. They also trail the U.S. inflation rate.
6 minute read
August 19, 2022 | New York Law Journal

An Abundance of Civil Procedure Decisions From the Court of Appeals

The number of appeals disposed of by the Court of Appeals during the term was relatively small, but the percentage of decisions devoted to civil procedure was thankfully high.
23 minute read
August 18, 2022 | The Legal Intelligencer

Revenue Growth Slows, Expenses Pile Up at Pennsylvania's Top Firms

Data from the first half of 2022 from both Wells Fargo and Citi Private Bank shows that costs are growing more slowly in the commonwealth than other regions, but profits are still being pinched.
6 minute read
August 17, 2022 | The Recorder

Six Months Into 2022, California's Top Law Firms See Revenue Growth Wane

California firms reported a strong top line, but a hit to their bottom line as they adapt to increasing expenses, according to Wells Fargo Private Bank Legal Specialty Group's 2022 Mid-Year Check-In Survey.
3 minute read

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