By J. Mark Santiago | June 15, 2018
Raising Costs and Declining Demand are Sapping Profits
The “New Normal” of today is one in which raising operating costs, associate salary increases, and reduced realization rates coupled with AFAs and demands from corporate counsel for reduced rates are sapping firm profits and there is no relief on the horizon. Law firm leaders, seeing current conditions, should be asking if there is a better way.
The American Lawyer | Commentary
By Hugh A. Simons | June 12, 2018
By matching Milbank's pay raise, firms in the middle of the Am Law 200 are paving a path to ruin.
The American Lawyer | Analysis
By Hugh A. Simons and Nicholas Bruch | May 22, 2018
If you thought law firms have been consolidating through merger, think again.
The American Lawyer | Analysis
By Dan Packel | May 22, 2018
The bottom is eventually going to drop on the U.S. economy, and many law firms won't be positioned to handle the fallout.
By Xiumei Dong | May 22, 2018
From San Francisco to Silicon Beach, the Golden State was golden for Second Hundred firms.
By Roy Strom | May 21, 2018
A new survey shows that law firm leaders are increasingly fed up with their partners' resistance to change. Meanwhile, half of firm leaders said there's nothing especially different about their firms compared to their competitors.
By Xiumei Dong | May 16, 2018
Law firms in Southern California reported the highest revenue and demand during the first quarter of 2018, according to a recent analysis by Citi Private Bank's Law Firm Group.
By Kelly Woodruff | May 8, 2018
Most people are aware of Equal Pay Day, which is the approximate day the average woman in the United States must work into the new year to make what the average man made the previous year.
By Vanessa Blum | Leigh Jones | May 4, 2018
Volatility is the new normal for America's biggest law firms. How should law firm managers cope with the ups and downs?
By Xiumei Dong | April 26, 2018
A half-dozen large firms with roots in San Francisco and Silicon Valley saw their financials rise in 2017.
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