By Andrew Maloney | November 29, 2022
If it used to take 30 days for a payment, it's now taking 60; if it used to take 60 days, it's taking 90, said Citi's Gretta Rusanow.
By ALM Staff | November 28, 2022
How law firms across the U.S. are handling this year's class of partner promotions.
By Andrew Maloney | November 21, 2022
Expectations for a quick surge in profitability appear to have fallen.
The American Lawyer | Commentary
By Dan Binstock and Erin Sears | November 17, 2022
As law firms consider moving associates to busier practice areas rather than facing layoffs, they should consider some less obvious impacts to both the associates and the partners who take them on.
The American Lawyer | Commentary
By Gloria Gomez-O'Rourke & Gretta Rusanow | November 17, 2022
Citi Private Bank's look at 9-month results shows a decline in demand coupled with expense growth is causing some firms to look for progress payments or sell receivables.
By Andrew Maloney | November 15, 2022
Average law firm net income fell by 7.3% and profits per equity partner was down 8.5% through the first nine months of 2022, according to a new Wells Fargo report.
The American Lawyer | Analysis|News
By Andrew Maloney | November 14, 2022
Remote and office schedules of both attorneys and professionals aren't yet settled, law firm leaders and analysts say.
By ALM Staff | November 11, 2022
Law Firm of the Year went to Ropes & Gray while Latham & Watkins won Law Firm Corporate Practice of the Year. Other honors included lifetime achievers, young lawyers of the year and a suite of industry awards aimed at honoring the evolution of the profession.
By Andrew Maloney | November 11, 2022
Despite reports of elite law firms trimming ranks, head count continued to trend up across the industry through the third quarter.
By Jacob Polacheck | November 9, 2022
"We make multiyear plans and are working to grow the firm," said chief growth officer Mark Carlson.
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