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Daily Report Online

As Equity Tiers Shrink, Big Law Grows Leverage

While some law firms may have increased leverage to boost profitability, firms may also change leverage because they need more associates to assist with complex cases, noted a law firm consultant.
6 minute read

National Law Journal

Lateral Partner and Counsel Hiring in DC Was Down in First 3 Months of Year

Despite the hiring slowdown, firms such as Foley & Lardner, King & Spalding, Cooley and Morgan Lewis have added D.C. partners in recent days.
3 minute read

The American Lawyer

Help, the Lenders Are Fighting Again: Creditor Violence Driving Demand in Bankruptcy, Litigation Practices

As more large corporations go bust, lenders are jockeying for the position to get repaid first.
6 minute read

National Law Journal

Several DC Law Firms Rose in Latest Am Law 100 Ranking

While three D.C. firms slid down the rankings, six rose in the Am Law 100 and three others held their rank.
4 minute read

National Law Journal

Bridge Collapse Draws in Several Law Firms for Upcoming Litigation

Two Am Law 100 firms and several plaintiff firms have entered appearances. Observers expect more lawyers to enter as litigation and investigations mount.
5 minute read

The American Lawyer

Weil Revises Partner Pay Criteria, as Firm Plots Leadership Succession

Barry Wolf has led the firm since 2009 and will hit the firm's mandatory retirement age of 68 within the next four years.
6 minute read

The American Lawyer

Ex-Big Law Corporate Defenders Explain Why They Now Help Fund the Opposite Side of the 'V'

"The skillsets we were developing as associates were largely transferable," said Evan Meyerson, a former Paul Weiss associate who moved to Burford Capital. "A big part of litigation strategy is thinking about what the other side thinks about your case and the job at Burford is to think through these investments as a devil's advocate."
8 minute read

The American Lawyer

Power Ranking the Am Law 100: Flash Points Ahead

Facing market volatility and AI disruption, winning firms reinvest for renewal and reinvention.
16 minute read

The American Lawyer

Big Law's Big Realization?

Am Law 100 firms last year saw their lowest realization rates in five years: 80.93%, down from 82.2% in 2022 and 83.11% in 2021.
9 minute read

The American Lawyer

'Sign of Overall Health': The Am Law 100 Metric That Deserves More Attention

"PPL, and especially year-over-year PPL growth, helps mitigate any biases in the numbers influenced by law firm size or geographic location."
5 minute read

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