By Hugh A. Simons and Nicholas Bruch | September 11, 2017
Spoiler alert: it's already here. What current data portends for the next economic downturn.
1 minute read
By James Booth | September 1, 2017
The troubled U.K. business of Australia-based Slater & Gordon, which became the world's first publicly traded law firm a decade ago, will be divided from its parent into a holding company owned by the indebted firm's senior lenders.
1 minute read
By Hugh A. Simons | August 30, 2017
Strategist Hugh Simons lays out how many excess partners reside in the Am Law 200 and what that means at the next economic downturn.
1 minute read
By James Booth | August 30, 2017
Gowling WLG, a roughly 1,400-lawyer firm formed last year following a cross-border combination between British firm Wragge Lawrence Graham & Co and Canadian firm Gowling Lafleur Henderson, earned enough during fiscal 2016-17 to make The Am Law 100 list if it was eligible. The firm does not have an office in the U.S.
1 minute read
By Lizzy McLellan | August 23, 2017
Things are looking up for law firms in the Philadelphia region, if financial data from the first half of 2017 is any indicator.
1 minute read
By Teresa J. Walker, Law Firm Partnership & Benefits Report | August 22, 2017
The law firm business model of the past is under attack. Slowly, private legal is responding with things like developing knowledge management systems, establishing jobs for data analysts who can establish pricing of services and beginning to look at ways to outline workflows and processes. Unfortunately, corporate clients are impatient and are beginning to push harder for improved efficiency and increased speed of service delivery.
1 minute read
By Roy Strom | August 21, 2017
Joining a crowd of positive reports on law firms' first half financial performance, Wells Fargo Private Bank said Tuesday that the first half of 2017 was a surprising financial success for law firms, largely thanks to the performance of the largest and most profitable among them.
1 minute read
By Zach Warren | August 17, 2017
DLA Piper's marketing team revealed the inner workings of its massive client retention data analysis program at ILTACON 2017.
1 minute read
By Miriam Rozen | August 16, 2017
New billing models are about to sweep the industry, according to one law firm leader who says alternative fees helped catapult his firm onto The Am Law 200 just 14 years after he founded it.
1 minute read
By Miriam Rozen | August 11, 2017
For many firms, anxieties about alternative fees highlight a billable hour-based business model they've already left behind.
1 minute read
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Professional Announcement
Frederick D. Miceli has joined the firm as Of Counsel
Professional Announcement
