Law Firm Management

Exclusive law firm financial reporting and rankings. News, trends and analysis of law firm management; leadership profiles, market reports and case studies.

  • Management and IT: The right resource

    By a:1:{i:0;s:1:" ";} | February 14, 2007

    The holiday season is still a distant prospect but for law firms the New Year means the rapid approach of Easter and the long summer break. Juggling staff levels with client demand and natural peaks and troughs in activity is essential to ensure a firm's workflow does not slip into 'go-slow' in the summer. Yet how can the law, a people-centred business, balance ever-fluctuating resource planning needs with a trading environment which encourages firms to constantly drive down overheads?

    1 minute read

  • Management and IT: A lesson in retention

    By a:1:{i:0;s:1:" ";} | February 14, 2007

    Knowledge and experience management is one of the top four most important strategic challenges faced by the UK's leading law firms, according to research conducted by Thomson Elite. Following a recent survey of the UK's 125 largest firms, 73% of those surveyed rated it as either a 'very important' or an 'important' issue.

    1 minute read

  • Management: Bedrock principles

    By a:1:{i:0;s:1:" ";} | February 7, 2007

    Twenty years ago, partnership was the pre-eminent form of governance in most major professional sectors. In the 1980s, it began to decline in sectors such as accounting, consulting and investment banking to the extent that almost 50 of the top 100 accounting firms are now organised as privately-held or publicly-quoted corporations. So far, law firms have been slow to follow their lead, but in the UK the new Legal Services Bill brings with it the possibility of change.

    1 minute read

  • First among equals

    By a:1:{i:0;s:1:" ";} | January 31, 2007

    The news that Freshfields Bruckhaus Deringer is to shed some 50 or so partners in the next year may have surprised a few at the firm's Fleet Street HQ, but at Linklaters the shock was that its arch rival had not acted sooner. Over at Silk Street, they have long shed the softly, softly approach to partnership that used to characterise the profession and managing partner Tony Angel has taken the firm in hand with obvious results.

    1 minute read

  • I predict...

    By a:1:{i:0;s:1:" ";} | January 24, 2007

    What future trends are worrying managing partners in the US? A survey of 100 managing partners highlighted a range of concerns, such as regulatory changes, the rise of outsourcing and the generation gap. Patrick McKenna reports

    1 minute read

  • Survival of the fittest

    By a:1:{i:0;s:1:" ";} | January 10, 2007

    With the Carter reforms set to take hold next year, insolvency is a very real threat facing law firms. David Miles offers advice on how not to go bust in 2007

    1 minute read

  • Law In Business: Out of site, out of mind

    By a:1:{i:0;s:1:" ";} | December 13, 2006

    Searching archives stored on obsolete data formats presents a serious challenge to efficient and cost-effective e-discovery. Gordon Harris reports on how companies can index billions of files and facilitate information-searching procedures

    1 minute read

  • Finance: The big breakup

    By a:1:{i:0;s:1:" ";} | December 13, 2006

    Partnerships can face severe disruption in the event of a death or serious illness for a partner. It pays to plan for those unpleasant eventualities, says Matt Haswell

    1 minute read

  • Law In Business: Open source of confusion

    By a:1:{i:0;s:1:" ";} | December 13, 2006

    There is more to free software applications than meets the eye. John Buyers looks at the legal risks of open source software

    1 minute read

  • Law In Business: Emission statement

    By a:1:{i:0;s:1:" ";} | November 29, 2006

    Taking steps to reduce a firm's carbon footprint is as good for business as it is for the planet. Richard Bate looks at leading City firms' green policies and asks what more can be done to protect the environment

    1 minute read

  • National Law Journal

    Revenue Tops $2 Billion at Hogan Lovells, Led by Corporate Practice

    By Ryan Lovelace | February 23, 2018

    CEO Steve Immelt said he expects more growth to be driven by the tech sector and the Chinese market this year.

    1 minute read

  • International Edition

    Herbert Smith Freehills senior partner Palmer faces challenge from litigation heavyweight for top role

    By Rose Walker | February 23, 2018

    Corporate and litigation partners to contest top role at Anglo-Australian firm

    1 minute read

  • The American Lawyer

    Nixon Peabody Sees Partner Profits Surge

    By Meghan Tribe | February 22, 2018

    With a continued focus on delivering better value to clients, Nixon Peabody saw gains in gross revenue and profits per partner in 2017.

    1 minute read

  • National Law Journal

    Nelson Mullins Takes 11 Miles & Stockbridge Partners for Baltimore Launch

    By Meredith Hobbs | February 22, 2018

    The hires by South Carolina-based Nelson Mullins coincide with a leadership change at Miles & Stockbridge.

    1 minute read

  • The American Lawyer

    Shearman & Sterling Taps Capital Markets Pro as New Leader

    By Miriam Rozen | February 22, 2018

    David Beveridge will replace M&A partner Creighton Condon as the firm's senior partner.

    1 minute read

  • National Law Journal

    Fearing DLA Piper-Style Breach, DC Firms Ramp Up Cyber Defenses

    By Ryan Lovelace | February 22, 2018

    Months after a crippling malware attack on one of the world's largest law firms made global headlines, firms in the nation's capital say they're doing everything they can to fend off a similar crisis.

    1 minute read

  • The Recorder

    Sheppard Mullin Posts 27th Straight Year of Revenue Growth

    By Xiumei Dong | February 22, 2018

    The Los Angeles-based Am Law 100 firm saw gains in several key metrics in 2017.

    1 minute read

  • Pro Mid Market

    Mid-Market Recap: Signs of Momentum for Female Leadership at Midsize Firms

    By Hank Grezlak | February 22, 2018

    The legal profession, particularly when it comes to firm leadership and highest paid partners, remains, amazingly in 2018, overwhelmingly white and…

    1 minute read

  • The American Lawyer

    Latham & Watkins Makes History with $3 Billion in Revenue

    By Roy Strom | February 22, 2018

    The firm became the first to exceed $3 billion in annual revenue last year, setting up a new challenge for anyone looking to take its place atop the Am Law 100.

    1 minute read

  • International

    PwC Eyes Global Expansion of Its Flexible Lawyering Service

    By Alex Berry | February 22, 2018

    The big four firm's on-demand lawyering service has signed up more than 1,000 contractors since it launched in the U.K. four months ago. The model is now also being used at PwC's Swiss offices, and its Asia network is considering adopting it as well.

    1 minute read

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