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Law.com Trendspotter: Law Firms Are Reversing Cuts, but Remaining Cautious
About a dozen large law firms—at least seven of which made announcements last week—have rolled back certain austerity measures put in place at the start of the pandemic, citing better-than-expected financial performance. But it's clear that, despite this welcome news, no one feels confident that the threat is totally over.
What's Driving the Boom in Firms' Life Sciences Practices?
Largely untouched by a pandemic-related downturn, the LS practice as we know it has been around less than 20 years and is still evolving.
'We Want a Movement, Not a Moment': Despite Skepticism, Law Firms Haven't Relented on Racial Justice
"I've never seen anything quite like this in my practice of law before," said Beveridge & Diamond managing partner Ben Wilson.
Big Law Firms Are Forcing Out More Unproductive Partners as Recession Stalls Profits
Law firms are picking up the pace of "counseling out" equity and nonequity partners, many of which are in the hard-hit corporate space, sources said.
More Firms Are Partially Restoring Pay, but Full Salaries May Wait Until 2021
Pillsbury, K&L Gates and Crowell & Moring are the latest firms to walk back some of their pandemic-related pay cuts.
Law Firms Manage Client Collections Amid the COVID Crisis
"It does not help us to push people into bankruptcy," said one law firm managing shareholder.
Atlanta's John Marshall Names Gatewood as First African American Dean
The new dean, Jace Gatewood, had served as interim dean since January, succeeding Malcolm Morris.
Deal Watch: Skadden, Latham, Cravath, Weil and Cooley Land Roles in $10B Worth of Pharma Deals
Johnson & Johnson, Sanofi are buyers in some big moves in a hot industry.TRENDING STORIES
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Revenue, Profit, Cash: Managing Law Firms for Success
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Law Firm Operational Considerations for the Corporate Transparency Act
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Practical Guidance Journal: Protecting Work Product in a Generative AI World
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