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After 'Banner Year' of Lateral Hiring in DC, Recruiters Anticipate More of the Same in 2022
Amid a year of 'unanticipated and unprecedented competition' for talent, legal recruiters have also seen an unprecedented number of unsolicited signing bonuses for attorneys who would otherwise have left bonus dollars on the table upon joining a new firm.
Trimming Travel Is Key to Cutting Law Firms' Carbon Footprint—and Client Satisfaction
"[Clients are] not eager to get back to the type of travel that used to be expected, even if lawyers say, 'We have to,'" one sustainability expert said.
How Lawyers Will Fill the (Billable) Hours
Billable hours are no doubt an effective way to measure how busy a lawyer is, and, if your revenue comes mainly from billing hours, to measure a person's contribution to the firm's top line. But some firms are increasingly looking for other ways to quantify the work they do for clients.
NetDocuments Announces Investment From New Equity Partner Warburg Pincus
Private equity firm Warburg Pincus acquired Clearlake Capital Group's equity stake in NetDocuments for an undisclosed sum.
Chicago's Second Hundred Firms Lagged Behind Peers Nationally
From Hinshaw to Schiff Hardin, most Chicago firms in the Second Hundred saw declines in gross revenue.
Law Journal Press | Digital Book
Emerging Technologies and the Law: Forms and Analysis
Authors: Richard Raysman, Peter Brown, Jeffrey D. Neuburger, William E. Bandon III
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As Clients Search for Alternatives, AFAs Are Growing in Prominence
Gains have been slow but steady, as alternative fee arrangements continue to make up a growing portion of revenue among the Am Law 200.
Why Australia's Gilbert + Tobin Sold Off Its Own Legal Software
The law firm sold its verification tool to U.S. legal software provider Litera for an undisclosed sum.
Multibillion-Dollar High Tech, Energy Deals Add to Resurgence of M&A in Q4
The deals highlight two early-week, multibillion-dollar deals in the high tech and energy sectors as M&A work continues to grow in the latter part of the year, hoping to course-correct a rocky spring.
At Working Mother's Top Firms for Women, Female Equity Partner Gains Were Slight
Flexible work schedules were prominent among the winners: 39% of the female lawyers at these firms worked remotely in some capacity in 2019.
Competition Where? ALSPs Are Baked Into Law Firms' New Offerings
On the surface, more law firms offering advanced data analysis and consulting services are invading the alternative legal service provider (ALSP) market. However, firms are powering these endeavors with ALSPs' technology and resources.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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The Ultimate Guide to Remote Legal Work
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Practical Guidance Journal: Protecting Work Product in a Generative AI World
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