Exclusive law firm financial reporting and rankings. News, trends and analysis of law firm management; leadership profiles, market reports and case studies.
By Everett Catts | December 20, 2023
When asked about their law firms' possible layoffs between July 1, 2022, and July 1, 2023, managing partners provided positive info, with 89.3% saying they did not lay off lawyers or staff, 7.1% laying off staff only, 3.6% laying off both attorneys and staff and none laying off lawyers only. When asked if their firms were planning layoffs for the next year, all leaders said they have none expected.
4 minute read
By ALM Staff | December 20, 2023
This graphic aims to capture some of the firms most impacted by the ups and downs of the current economic environment.
1 minute read
By David Gialanella | December 20, 2023
"It's sort of a proof-of-concept moment in that, we undertook [the Stein Center] out of nothing more than a belief that lawyers have a responsibility to give back, to be part of the conversation of the issues of the day, and that law firms are uniquely positioned to make a difference," managing partner Michael Stein said.
6 minute read
By Ross Todd | December 20, 2023
Here's one last visit with the 16 leaders of Big Law litigation practices and elite boutiques we queried this year as part of our Litigation Leaders Q&A series.
11 minute read
By Jack Womack | December 20, 2023
The merger of the two firms is due to formally take effect in May 2024, with 99% of partners at both firms approving the plans in October.
2 minute read
By Patrick Smith | December 20, 2023
"The overwhelming majority of our colleagues are complying," noted Davis Polk's Neil Barr. "I know not everyone loves it, but from the institution's perspective, we are in a good spot."
6 minute read
By Habiba Cullen-Jafar | December 19, 2023
Major hires from firms like Paul Weiss put the firm on everyone's radar this year; and potential culture clashes aren't dampening the firm's appetite for expansion and disruption, and not just in private equity.
7 minute read
By Habiba Cullen-Jafar | December 19, 2023
Major hires from firms like Paul Weiss put the firm on everyone's radar this year; and potential culture clashes aren't dampening the firm's appetite for expansion and disruption, and not just in private equity.
7 minute read
By Andrew Maloney | December 19, 2023
At least 30 large law firms have announced some kind of leadership transition within the last year or so. "It's been an exciting but challenging and exhausting few years," noted one Am Law 100 leader.
5 minute read
By Charlotte Johnstone | December 18, 2023
'It's like wading through treacle to get to the promised land and finding that in the promised land there is just more treacle,' said one lawyer in a new academic study.
3 minute read
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Women, Influence & Power in Law UK Awards honors women lawyers who have made a remarkable difference in the legal profession.
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Professional Announcement
Frederick D. Miceli has joined the firm as Of Counsel
Professional Announcement
