NEXT
Sign in to follow

The American Lawyer

Tech Transactions Took a Beating the Last Two Years. But These Law Firms Are Staying the Course

Interviews with leaders at tech law firms don't indicate a shift in strategy. And despite all the layoffs, their financial results and trajectories in the rankings show how they are keeping pace in the industry.
10 minute read

The American Lawyer

PEP Talk: The Am Law 100's Quiet Boost

If only we could boost the legal industry's mental health as easily as U.S. law firms are boosting profits, the Global Lawyer writes.
8 minute read

The American Lawyer

Bonuses With Strings Attached Play Role in Partner Retention

Firms like Kirkland & Ellis and DLA Piper have used forgivable loans to bat away offers from rivals and Shearman & Sterling has used them to incentivize partners at the firm to stick around for the merger with Allen & Overy.
5 minute read

The American Lawyer

Firm Leader Exits Highlight Challenge of Filling Those Roles

"Very few people want to do it and many of those who want to do it aren't really qualified to do it, so you end up with a qualified pool that's really quite small."
5 minute read

The American Lawyer

DLA Piper Posts 8th Consecutive Year of Revenue Growth Thanks to 'Horizontal Scale'

Diversified practice areas and geographies continue to prove fruitful for the global law firm.
5 minute read

The American Lawyer

O'Melveny Re-Elects Chair, Prepares for 'Tremendous' 2024 After Revenue Dip

Gross revenue slid by 3.6% last year, but the firm started March 2024 with 20% more inventory than the previous March.
6 minute read

The Legal Intelligencer

Duane Morris Sees 16th Straight Year of Revenue Growth, but Profits Lagged

Chairman and CEO Matt Taylor pinned the 3.6% dip on pressures on transactional work.
4 minute read

The American Lawyer

Bryan Cave Leighton Paisner, Offsetting 'Interest Rate-Challenged' Practices With Disputes, Sees Flat Year for Revenue, Profits

A strong year for litigation and disputes combined with a decent year for M&A and sluggish areas of the real estate practice, global CEO Steve Baumer said.
3 minute read

The American Lawyer

Facing Overcapacity, Law Firms Made Fewer Offers for 2024 Summer Associates

"The data looks a lot like what it was in the Great Recession," said Nikia Gray, executive director of the National Association for Law Placement. "We don't think it's because the legal market is going through a recession, but because the law firms are overleveraged."
6 minute read

The American Lawyer

Anticipating Transactional Rebound, Am Law 50 Steps Up Partner Hiring in Early 2024

"It shows optimism about what's to come," Macrae partner Jon Truster said. "I don't believe that the hiring is reflective of deal activity. I think it's law firms being more opportunistic that their corporate departments will become busier."
6 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.

Resources

  • Leveraging Technology to Improve Employee Engagement and Client Satisfaction

    Brought to you by CARET Legal

    Download Now

  • How to Choose Your Legal Operations Software: Key Considerations and Expert Tips

    Brought to you by DiliTrust

    Download Now

  • Yearly Roundup: Strategic Insights for Law Firm Decision Making

    Brought to you by CARET Legal

    Download Now

  • Lex Machina Contracts: Commercial Litigation Report 2024

    Brought to you by LexisNexis®

    Download Now