By Habiba Cullen-Jafar | Krishnan Nair | September 26, 2023
The impending closure follows a court case in which the firm's owner had been accused of misappropriating "significant sums of money" from the firm.
3 minute read
By Jessica Seah | September 19, 2023
Chinese firm revenue plummeted despite growth in head count.
7 minute read
By Habiba Cullen-Jafar | September 19, 2023
This year's rankings show a challenged set of results across the board, with one leader saying: 'I don't think there's ever been a period that has been so 'hot, and then cooled down so quickly'.
9 minute read
By Law.com International Staff | September 19, 2023
The 100 largest law firms in the world saw profit decline on the back of several boom years.
1 minute read
By Krishnan Nair | September 14, 2023
This year's ranking contains several warnings—chief among them being the need for further corrective measures to address the shrinking profit margins.
4 minute read
By Justin Henry | September 12, 2023
"When there's a downturn, major or minor, companies rein in legal spending," said one law firm consultant on what could explain the concentration of demand and productivity increases at law firms outside the Am Law 200. "A common approach is to be more selective about which firms get which work."
6 minute read
By Justin Henry | Andrew Maloney | September 12, 2023
Their potential pay may not be the highest for partners at high-end Am Law 25 firms, where annual compensation for a handful is more than $25 million.
5 minute read
By Joel Wirchin | September 8, 2023
The onus is on law firm leaders to balance risk and opportunity. How can firms guide through an increasingly perilous landscape rife with opposing hazards to start building the law firm of the future today?
10 minute read
By Patrick Smith | September 8, 2023
This slowdown "is the longest since leveraged finance has been around," said Cahill executive committee co-chair William Hartnett.
8 minute read
By Patrick Smith | September 8, 2023
The firm is smaller in partnership than most of its peers and lacks extensive practice diversification. "Is there a place for a 400-person firm in Big Law?" said an Am Law 50 chair.
9 minute read
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