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What It Means to be a Law Firm Partner Now
Instead of moving lawyers to the equity ranks, or keeping them as associates or counsel, there is a shift inside Big Law to make more lawyers salaried partners.Judge Sides With Sanofi, Dismissing Patient's Claims Against Cancer Medication Taxotere
The plaintiff sought to file an amended complaint, which would replace her short form complaint that defines "Permanent Chemotherapy Induced Alopecia," using identical language in which the multidistrict litigation court previously rejected. Chief U.S. District Judge Michael F. Urbanski rejected the plaintiff's request and agreed with Sanofi as to each of the plaintiff's claims.Are Brain Waves the New Data Privacy Frontier? Novel Colorado Law Says Yes
In first-of-its kind legislation, the updated Colorado Privacy Act (CPA) will consider consumer neural data as "sensitive information." California and Minnesota are likely to follow suit.Showcasing Resilience of the Industry, Am Law 100 Firms Turn in Strong 2023
After taking a couple of body blows in 2022 and not knowing how the legs would hold up, Big Law was just waiting to counter.Showcasing Resilience of the Industry, Am Law 100 Firms Turn in Strong 2023
After taking a couple of body blows in 2022 and not knowing how the legs would hold up, Big Law was just waiting to counter.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.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.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.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.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.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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Countdown to Compliance: SEC Private Fund Reforms
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