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The American Lawyer

'Strength of the Market': Big Law Revenue, Demand Continue to Climb

"Not only are we seeing lawyers busier, we’re seeing them busier across a pretty broad cross section of practices,” Citi's Gretta Rusanow noted.
4 minute read

The American Lawyer

Law Firms Gain Demand and Productivity Momentum in Q3

"It looks like clear sailing for firms to outperform all but their profit heights of 2021” in 2024, said a new industry report Monday.
4 minute read

International Edition

The Law Firms Generating 8-Figure Fees on the Year's Big Ticket UK Deals

The U.K. M&A market rebound has been a boon for a handful of elite law firms, according to Law.com International research, with one firm proving especially prolific.
3 minute read

New Jersey Law Journal

Managing Partners Survey: Please Let Us Know How The Past Year Went

All responses are CONFIDENTIAL.
2 minute read

National Law Journal

From Guaranteed Comp to Ethics Screens, How Big Law Navigates the Revolving Door

"When firms do a profitability projection, they factor in the hands-off period for the person's prior agency for a period of time," noted a legal recruiter.
7 minute read

The Legal Intelligencer

'These Things Tend to Go in Cycles': Avg. Partner Comp Hits $1M in Phila.

The figure grew by $260,000 over the previous year, according to a new Major, Lindsey & Africa survey.
4 minute read

International Edition

Kirkland, Freshfields Earn 8-Figure Windfall for Leading £5.4B Hargreaves Lansdown Takeover

The legal spend is among the highest seen in London for a single transaction, according to rival partners.
3 minute read

The American Lawyer

Guarantees Are Back, Whether Law Firms Want to Talk About Them or Not

Certain firms are more widely spoken of for using multi-year deals, including Kirkland & Ellis and Paul Hastings.
7 minute read

International Edition

The Price of Time: Should Law Firms Sell Minutes or Value?

As the legal industry grapples with the rise of AI, the once-immutable billable hour faces unprecedented scrutiny.
4 minute read

Pro Mid Market

Hodgson Russ Expects Double-Digit Growth This Year After Ranking First Among Mid-Market 50 Firms

Hodgson Russ is expecting double-digit growth in profits and income after last year's slump in both categories, coming from a boost in work within the firm's litigation and corporate practices.
4 minute read

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More from ALM

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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