By Miten Shah | December 13, 2023
While the one-tier partnership model ruled for a long period of time, today's competitive challenges exposed its limitations, particularly in terms of talent recruiting and retention, as well as client acquisition.
7 minute read
By Justin Henry | December 13, 2023
The profit-sharing plans of both FisherBroyles and a spinoff firm are a departure from the usual practices of distributed law firms.
5 minute read
By Abigail Adcox | December 13, 2023
Steptoe has also been investing more in financial and budget professionals, alongside updating its financial systems, said firm chair Gwen Renigar, adding that "we have a much stronger modern infrastructure to help us all year long."
5 minute read
By Zack Needles | December 13, 2023
The news and analysis you need to start your day.
4 minute read
By Andrew Maloney | December 12, 2023
Most of the law firms that have confirmed matches to the latest associate salary scale have PEP above $2 million a year and more than $1 dollars in gross revenue.
5 minute read
By Max Mitchell | December 11, 2023
The cautious outlook jibes with what firm leaders said about their revenues this year. Fewer reported seeing revenue increases than at any point since the pandemic.
6 minute read
By Andrew Maloney | December 7, 2023
The average annual growth in income partner classes at some of the most profitable firms between 2017 and 2022 was 13.4%, while at other large, two-tier partner firms, it was 4%, according to a report this week.
4 minute read
By Amanda O'Brien | December 7, 2023
Dips in transactional work translated into a mixed-bag of financial results for Pennsylvania's Am Law 200 firms in 2022, as they returned to reality after 2021's glut of hiring, transactional work, and revenue increases.
7 minute read
By Zack Needles | December 7, 2023
The news and analysis you need to start your day.
4 minute read
By Patrick Smith | December 6, 2023
Proskauer will have an election to fill Steven Ellis' position in January, with the newly elected chair taking the reins in April 2024, according to managing partner Daryn Grossman.
3 minute read
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Professional Announcement
Frederick D. Miceli has joined the firm as Of Counsel
Professional Announcement
