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Daily Business Review

It's Not Just Trump: Rich Northerners are Moving Their Billions (and Legal Work) to South Florida

The Trump administration's tax law provided the catalyst for more of the very rich to transfer their permanent residence from high-tax states like New York to states known for their lower tax burden — like Florida.
7 minute read

The American Lawyer

Lucrative Referral Relationships at Risk as US Firms Expand UK Practice Offerings

For many years U.S. firms have quietly used local expertise to plug gaps in their offering, but recent hiring activity is making U.K. firms wary.
6 minute read

The Legal Intelligencer

Philadelphia's 'Monster' Merger News Reflects Industrywide Zeal for Big Deals

Firms that never would have considered a merger years ago are now seriously thinking about combinations.
6 minute read

The American Lawyer

Baker McKenzie's New Global Chairman Talks Rates, Expansion and More

From equalizing rates, to managing through trade wars to growth in the U.S., Baker McKenzie's new chair, Milton Cheng, spells out his vision for the firm.
7 minute read

The American Lawyer

Midwest Mania? What's Behind the Biggest Law Firm Mergers of 2019

The geography may stand out, but the business pressures driving a flurry of midwest mergers are familiar to law firms everywhere.
6 minute read

The American Lawyer

How Do Midsize Firms Define a Good Year of Revenue Growth?

The 22 midsize firms (those between 50 and 200 lawyers) in this year's Am Law 200 combined to average 4.4% revenue growth in 2018.
7 minute read

The American Lawyer

Law Firm Debt Levels Shrink as Partners Put More Skin in the Game

What does widespread "deleveraging" in the wake of the Great Recession mean for law firm health?
6 minute read

The American Lawyer

Will a Recession Test Firms' Commitment to Legal Tech?

Outside and in-house counsel see legal tech as a dependable ally in delivering proven efficiency during the throes of a recession.
8 minute read

The American Lawyer

Exit Strategies: Aging Partners Are Forcing Firms to Reconsider Retirement

Baby boomers control an outsize portion of law firm business. As they inch toward retirement, how are firms preparing for the transition process?
11 minute read

The American Lawyer

Cleary's Firing of Heavyweight Team Raises Eyebrows, Invites Criticism

The firm's decision to expel the Freshfields-bound team has been described as "very un-Cleary."
4 minute read

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