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Litigation Daily

2024 Marked Growth On Top of Growth for Law Firm Litigation Practices. Is a Cooldown in the Offing for 2025?

According to data released by Thomson Reuters last week, litigation demand grew 3.3% in 2024 after seeing 2.8% growth in 2023.
4 minute read

The American Lawyer

As Bonus Pools Expand, Challenges Grow in Partner Compensation

While partner bonuses remain a strong and flexible tool to reward lawyers, the more firms lean on them, the more likely it is they can cause confusion or dismay, some observers say.
7 minute read

The American Lawyer

Am Law 50's Head Count 'Holding Pattern' Could Trickle Down

Head count growth at top 50 firms has lagged behind other segments in Big Law. But that could change in the near future.
5 minute read

The American Lawyer

Demand Growth to 'Likely Weaken' in 2025 After 'Anomalies' Propelled Big Law Profits in 2024

"The pattern of massive growth may cool a little bit, where that ability to do growth upon growth settles some," said Bill Josten.
5 minute read

The American Lawyer

Topping Kirkland, Weil Won the Most Valuable Major Bankruptcy Retentions of 2024

One massive Chapter 11 generated nearly $70 million in revenue for Weil in 2024.
3 minute read

New Jersey Law Journal

NJ Managing Partner Survey Indicates Tougher 2024 for Many Law Firms

All told, only 44% of firms said they saw an increase in net profits this year. That's a significant drop from the 75% who reported seeing new profit gains in 2023.
7 minute read

The Legal Intelligencer

Firms Saw Slight Declines From Last Year, but Merger Interest Remains High, Managing Partner Survey Reveals

All together, the bottom line saw more sluggish growth this year than last, according to the survey, with nearly 39% saying they saw growth in net profits and 28% saying they saw a decrease.
6 minute read

The American Lawyer

Changes at the Top: How 'Different Leadership Skills' Are Prevailing in Big Law

"Law firms are looking to leaders with proven leadership and management experience rather than relying on long and deep success in law practice as leadership criteria," one expert says.
5 minute read

The American Lawyer

The American Lawyer's Top Stories of 2024

From partnership changes to GenAI, here are some of The American Lawyer's most-read stories of the year.
1 minute read

International Edition

Fieldfisher Top of Equity Halves to £3.1M

The firm's latest LLP accounts also document rising staff costs and a reduced cash position.
2 minute read

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