By Dan Packel | May 18, 2022
Law firms recognize the demand from baby boomers passing along their wealth to the next generation. But underwriters look at the practice and see big potential payouts.
By Habiba Cullen-Jafar | May 18, 2022
The credit is part of a two-year sustainability plan which includes carbon emission targets and comes at a time when firms are ramping up ESG efforts.
By Richard Binder | May 17, 2022
For a little over an hour, the assembled panel traded several words of concern, compassion, and hope as they delved deeply into the implications of the survey in ALM's first-ever Twitter Space.
By Patrick Smith | May 16, 2022
The latest ABA diversity survey results showed troubling trends leading up to the pandemic.
By Andrew Maloney | May 13, 2022
Despite a 121% increase in law firm recruiting expenses and 75% increase in marketing costs, overhead still has room to grow this year, analysts say.
By Dan Roe | May 13, 2022
Flexible rates and transparent compensation helped midsize global law firm Rimon PC lure Holland & Knight's Paul Loving.
By Andrew Maloney | May 11, 2022
Some lawyers are heading into smaller firms or launching their own boutiques, due to a mix of billing rate pressures, remote-work flexibility and taking a breather after a busy 2021.
The American Lawyer | Infographic
By ALM Staff | May 10, 2022
With more than 3,400 respondents, Law.com and ALM Intelligence's Mental Health Survey has given plenty of opportunity for analyzing the state of the industry's well-being. Below we offer some of the highlights.
By Andrew Maloney | May 9, 2022
Direct expenses shot up 13% in the first quarter after large bonuses and multiple associate pay increases went into effect, while recruiting expenses rose a staggering 121%.
By Andrew Maloney | May 4, 2022
The need to scale up to compete is driving more mergers among smaller and midsize firms. "It's getting to that point where you become a safe choice for the client, particularly if they're moving work from a larger firm," said consultant Lisa Smith.
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