Exclusive law firm financial reporting and rankings. News, trends and analysis of law firm management; leadership profiles, market reports and case studies.
By Zack Needles | January 11, 2023
The news and analysis you need to start your day.
4 minute read
By Andrew Maloney | January 11, 2023
For law firms at the highest end of the billing rate scale, certain practices are no longer as economically palatable as they once were.
5 minute read
By Dan Roe | January 10, 2023
November's attack against Cadwalder is just the tip of the iceberg: more than 750,000 Americans had personal information compromised in law firm hacks since 2020, public data shows.
6 minute read
By Zack Needles | January 10, 2023
The news and analysis you need to start your day.
4 minute read
By Andrew Maloney | January 10, 2023
Law firm rate structures are already mostly in place for 2023 and firms are generally reluctant to walk them back, according to authors of a new study from Georgetown University and Thomson Reuters.
5 minute read
By Jessie Yount | January 9, 2023
Joe Alexander, previously based in Miami, was a member of the executive and management committees and helped lead the transactions practice during his 15-year stint at DLA Piper.
2 minute read
By Chris McDevitt | January 9, 2023
Chris McDevitt, COO of MG+M The Law Firm, discusses the importance emotional intelligence to ensure continued success and longevity at law firms. "Using EI to understand the composition of your team and what motivates them builds confidence and productivity," he writes. "Noticing emotional cues such as voice inflection or facial expressions during a video call can help better facilitate the meeting and direct the conversation in a more positive direction."
6 minute read
By Ronald H. Shechtman | January 9, 2023
With Big Law's planned rate hikes this year, midsize firm leader Ron Shechtman says firms in his cohort are in a position to reap the business of clients who get priced out of Big Law firms. "What especially impresses these prospects is the lack of leverage in the midsize model. Big Law pricing relies on leveraging associate hours vs. partner hours, but our firm and our peers have staffing ratios that lead to almost 1:1 partner vs. non-partner time," Shechtman writes.
4 minute read
By Patrick Smith | January 9, 2023
The firm cited "more attorney and staff resources" than it needed "for the foreseeable future" as the driver behind the head count reduction.
3 minute read
By Tasha Norman | January 9, 2023
A focus on excellence, but tempered with efficient problem-solving and an affinity toward relationships, both with colleagues and clients.
4 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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Pond Lehocky Giordano LLP would like to congratulate Jerry Lehocky and his team on PA's largest workers' compensation settlement.
