The American Lawyer | Analysis
By Dan Roe | March 21, 2024
"Human nature is responsible," said Florida State University College of Law professor Lawrence Kriege. "If you look at history, there has been a persistent problem that has plagued mankind forever, and it's called greed. It can be greed for money, greed for power, greed for prestige—but it's greed."
The American Lawyer | Analysis
By Patrick Smith | March 20, 2024
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.
The American Lawyer | Analysis
By Paul Hodkinson | Lisa Shuchman | March 19, 2024
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.
The American Lawyer | Analysis
By Justin Henry | March 19, 2024
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.
The American Lawyer | Analysis
By Alexander Lugo | March 18, 2024
"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."
The American Lawyer | Analysis
By Dan Roe | March 15, 2024
Diversified practice areas and geographies continue to prove fruitful for the global law firm.
The American Lawyer | Analysis
By Dan Roe | March 14, 2024
Gross revenue slid by 3.6% last year, but the firm started March 2024 with 20% more inventory than the previous March.
The Legal Intelligencer | Analysis|News
By Amanda O'Brien | March 13, 2024
Chairman and CEO Matt Taylor pinned the 3.6% dip on pressures on transactional work.
The American Lawyer | Analysis
By Dan Roe | March 13, 2024
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.
The American Lawyer | Analysis|News
By Amanda O'Brien | March 12, 2024
"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."
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