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
By Patrick Smith | September 7, 2023
This slowdown "is the longest since leveraged finance has been around," said Cahill executive committee co-chair William Hartnett.
8 minute read
By Law.com Contributing Editors | September 5, 2023
"Firm is saying we have too much headcount, but we all know this is to ensure partner comp remains unaffected," one respondent said.
6 minute read
By Justin Henry | September 5, 2023
"I don't want to talk to firms that have huge pension commitments or revenue drops because of partner departures or that are suffering in branding recognition. We would like to be opportunistic and associate ourselves with winners," said Miguel Zaldivar.
6 minute read
By Abigail Adcox | September 1, 2023
Firms in the capital region were aided by their focus on regulatory and enforcement work, rather than transactions, which have sagged nationwide.
4 minute read
By Andrew Maloney | August 31, 2023
Common billing reminders often begin in September, from managers asking partners in meetings to pledge what they think they're going to collect, to some managers going door-to-door in the office to discuss it.
5 minute read
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Professional Announcement
Frederick D. Miceli has joined the firm as Of Counsel
Professional Announcement
