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April 17, 2024 | Daily Business Review

Florida Defense Firms Adapt as Insurers Exit and Tort Reforms Limit Claims

Insurance work has shrunk as a consequence of the state's insurance crisis and recent legislative changes. But some firms are still hiring, betting that top lawyers will attract lucrative matters.
6 minute read
April 17, 2024 | Law.com

Judge Certifies Question to State High Court Over Constitutionality of the Maryland Child Victims Act

"We're optimistic that after consideration of the briefing and oral arguments, the Court will agree that the Maryland General Assembly acted within its constitutional bounds. This will ensure that survivors of childhood sexual abuse can finally seek relief through the courts and hold their abusers fully accountable," said the plaintiff's legal team.
4 minute read
April 17, 2024 | The Legal Intelligencer

To Improve Law Firm Culture, Let Authenticity Fly

We hear a multitude of ideas and solutions for attracting and retaining lawyers and business professionals in today's ultra-competitive environment. Tellingly, when surveying the landscape of a multigenerational workforce operating in a mixture of hybrid and remote work, authenticity is essential to workplace satisfaction and loyalty.
7 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Average Compensation - All Partners

Average Compensation–All Partners increased by 6.2% in 2023. Seventy-two firms posted increases, compared with 41 the previous year. Twenty firms posted double-digit gains, while five firms posted double-digit losses.
2 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Profits Per Lawyer

Profits per lawyer is an alternative way of looking at firm profitability, intended to reduce the influence of factors such as leverage. The average is about $518,000, and the list-topper is about $3.04 million.
2 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Profits Per Equity Partner

For the Am Law 100 as a whole, average PEP was up by 9.3% in 2023. Thirty-seven firms had growth rates of at least 10%, compared to 14 last year. Twenty firms had declines in 2023.
2 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Revenue Per Lawyer

For the Am Law 100 as a whole, average revenue per lawyer, the metric that we've long regarded as the most reliable measure of a firm's financial health, increased by 4.9%. In 2023, eighty-five firms posted a gain in RPL.
2 minute read
April 16, 2024 | New York Law Journal

Practical Implications of the New Restrictions on New York Employers' Access to Employee and Applicant Social Media Accounts

On March 12, New York's Governor Kathy Hochul signed a bill into law that effectively prohibits employers from accessing employees' or job applicants' personal social media accounts. New York employers should evaluate their current application processes and social media policies to ensure compliance with the new law.
6 minute read
April 16, 2024 | The Legal Intelligencer

See How Pa. Firms Fared in The 2024 Am Law 100 Gross Revenue Ranking

Fifty-four firms posted gross revenue of $1 billion or more in 2023, four more than in 2022. Ninety firms reported gains in gross revenue.
2 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Gross Revenue

Fifty-four firms posted gross revenue of $1 billion or more in 2023, four more than in 2022. Ninety firms reported gains in gross revenue.
2 minute read

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