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Legaltech News

Law Firms' Stinginess With Equity Can Handicap Their Tech Subsidiaries

Firms serious about luring top talent to their technology subsidiaries may have to break with a longstanding tradition of reserving equity for partners—and let their subsidiaries have their own culture.
5 minute read

The American Lawyer

The 2021 Am Law 100 Report

Our annual report on the state of the industry, featuring in-depth reporting and analysis, financial metrics for each of the country's 100 largest law firms, and rankings by gross revenue, profits per equity partner and more.
6 minute read

The American Lawyer

The Super (Conflicted) Rich: For the Industry's Elite, a Wildly Successful Year Came at a Cost

For some leaders on this year's Super Rich list, it's difficult to talk about their firm's success without considering the disparities the past year has exposed.
7 minute read

The American Lawyer

Against All Odds, The Am Law 100 Were Stunningly Successful in 2020

Against a backdrop of economic anxiety and uncertainty, the country's largest firms set records for the post-Great Recession era.
11 minute read

The American Lawyer

Resilient Firms Outperformed After 2008. Their Success Offers a Roadmap for 2021.

A dozen years of data since the Great Recession shows resilient law firms rose above the competition over the past decade. In the fraught present moment, history holds lessons for the latest competitive reset.
13 minute read

The American Lawyer

Profits Surged at Am Law 100 Firms in 2020. Can They Keep It Up in 2021?

In 2020, 92 of the Am Law 100 improved profits per equity partner. A repeat performance could be difficult to pull off.
7 minute read

The American Lawyer

Position Isn't Destiny: Big Law's Rising Stars Show Growth Can Come From Anywhere

An analysis of 12 years of data since the Great Recessions reveals that outperforming firms can emerge from any region of the country—and any region of the rankings.
4 minute read

The American Lawyer

Partners in Charge: How Clients' Need for Expert Counsel Fueled an RPL Spike

Revenue per lawyer set post-Great Recession records as pricey partners fielded clients' urgent questions. If firms want to build on that growth instead of losing ground, discipline is key.
6 minute read

The American Lawyer

With Millions in Real Estate Savings on the Table, the Am Law 100 Are Ready to Slim Down

Eyeing millions in savings, many firms are ready to reduce their post-pandemic footprint. Elites may keep it as a differentiator. Everything is on the table.
8 minute read

The American Lawyer

Law Firms Are Weak When It Comes to Developing Leaders. Here's How They Can Fix It.

Lack of cogent succession planning, risk aversion and the halo effect are just some of the obstacles.
7 minute read

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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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