By Dan Roe | February 12, 2024
The Am Law 50 finished the fourth quarter with nearly 8% more fees worked than Q4 2022 despite a decline in demand, according to a new Thomson Reuters report.
3 minute read
By Justin Henry | February 9, 2024
After profits per equity partner dipped by 5.7% in 2022, they climbed by 6.6% in the last year, according to data from Citi's Global Wealth at Work Law Firm Group.
5 minute read
By Thomas Spigolon | February 8, 2024
The Atlanta firm decreased its equity partner tier by 7.6% to 106 partners, while its nonequity partner ranks expanded by 6% to 146.
5 minute read
By Thomas Spigolon | February 8, 2024
Firms have shifted their leverage models, helping to bump up profits per equity partner for a second year, said Wells Fargo.
5 minute read
By Abigail Adcox | February 8, 2024
"D.C. was our best-performing region," said Owen Burman, of Wells Fargo Legal Specialty Group. "The regulatory side was on fire for so many firms."
3 minute read
By Abigail Adcox | February 8, 2024
In average revenue growth, D.C. firms exceeded peers in New York City, California, Texas, Florida, Chicago, Philadelphia and Atlanta, according to Wells Fargo data.
3 minute read
By Amanda O'Brien | February 7, 2024
"I don't want to sound pessimistic, but the time of the smaller insurance defense shop is probably going away," said Weber Gallagher chairman Andrew Indeck.
4 minute read
By Abigail Adcox | February 6, 2024
The environment for counsel on government-facing issues was "quite strong" last year, driving demand across the firm's litigation, transaction and regulatory practices, said chairman Richard Alexander.
3 minute read
By Brenda Sapino Jeffreys | February 2, 2024
A group of homegrown Texas firms did better than the industry average in a number of financial metrics in 2023, according to a Wells Fargo Legal Specialty Group year-end survey.
3 minute read
By Patrick Smith | February 2, 2024
"The tweaking of their model may have stopped some people from leaving, but they don't seem to be leveraging the other aspect of breaking lockstep to expand and grow," noted one observer.
8 minute read
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Professional Announcement
Frederick D. Miceli has joined the firm as Of Counsel
Professional Announcement
