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International Edition

Norton Rose Spends £25.9 Million of Covid Warchest, LLP Accounts Show

The move potentially marks a change in mentality among major law firms, many of which built up strong cash reserves during and after the pandemic.
2 minute read

International Edition

Why Concealing PEP Isn't Always the Best Idea

A few firms have omitted PEP from their most recent financial results—there's really only one way the market will interpret this, writes The London Lawyer.
5 minute read

New York Law Journal

Ahead of Legislative Hearing, NY Courts Create New Leadership Role for Family Courts

Judge Richard Rivera's elevation, now serving courts in all of New York's 62 counties, comes ahead of a planned public hearing to be hosted by state lawmakers to examine deficiencies in family courts.
4 minute read

International Edition

White & Case UK Accounts Show Stagnant Profit Despite Turnover Boost

The LLPs also showed that the firm made almost £3 million more from currency exchange rate fluctuations in the past year.
3 minute read

International Edition

Stephenson Harwood Offers Hope for UK Results Season With Strong Financials

The firm attributed its strong performance to its balance in practice areas, with dispute resolution bouncing back after a quieter couple of years.
2 minute read

International Edition

Withers Calls On Junior Partners to Stump Up as LLP Accounts Show Cash Fall

The firm's recently-filed accounts show its overdraft balance is higher than its cash level.
2 minute read

International Edition

Which Top Law Firms Could be Most Affected by Incoming UK Tax Changes?

Six UK top 50 firms affected by the changes had cash balances of under £20 million in their most recent accounts, Law.com International analysis has found.
6 minute read

International Edition

The Industry's 'Achilles heel': Freshfields Focuses on Reducing Lock-up

'Chasing clients for a couple of months is normal, but we're finding it's taking longer these days—so we're really quite focused on cutting that gap down.'
4 minute read

International Edition

Freshfields US Revenue Growth Outstrips All Other Regions, Accounts Show

The numbers show the importance of the US to the firm's strategy as it seeks to compete in the world's largest legal market.
3 minute read

International Edition

Top Dechert Earner Took Home Over £5M Last Year, UK Accounts Show

Profits soared despite the firm's U.K. turnover remaining broadly flat for the 2021 calendar year, according to the latest LLP filings.
2 minute read

More from ALM

More from ALM

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

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