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Spin-Off Firm Leaves Reed Smith Without Richmond Lobbying Practice
"A lot of our work ... is alternative fee arrangement, or fixed fee work," said a Seven Hills founder. "It's not necessarily rate pressure, but it's a different model and a different setup than a lot of Big Law practices."
Husch Blackwell Hires Former Adobe Counsel to Oversee AI Advisory Offering
Michael Yang will serve as the firm’s inaugural senior director of artificial intelligence advisory services, following an 11-year stint with Adobe.
Strategic Pricing: Setting the Billable Hour at the Intersection of Psychology, Feedback and Growth
If there's no pushback on new rates, the increase was too low, David Ackert writes: Each strategic adjustment should help cull a few unprofitable clients.
'Taking the Best' of Both Firms, Ballard Spahr and Lane Powell Officially Merge
For example, the combined firm, which maintains the Ballard Spahr name, has begun to reevaluate its compensation system after looking at Lane Powell’s methodology.
Bracewell Adds Former Pioneer Natural Resources Lawyer to O&G, Energy Transition Practices
Bryan Clark was managing associate general counsel at Pioneer Natural Resources in Dallas.
Law Journal Press | Digital Book
A Letter from Your Client
Authors: By Alex Geisler
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Another US Firm Shutters London Office
The closure of this firm's London office follows the decision by peer firm Armstrong Teasdale to shutter its own London base in 2024.
Demand Growth to 'Likely Weaken' in 2025 After 'Anomalies' Propelled Big Law Profits in 2024
"The pattern of massive growth may cool a little bit, where that ability to do growth upon growth settles some," said Bill Josten.
Holland & Knight Matches Milbank Bonuses for Some Associates
Amid questions over how much of the Am Law 100 will pay out special bonuses for 2024, Holland & Knight matched the Milbank base bonus scale while also matching on special bonuses for some associates. But the biggest bonuses are limited to associates in large markets.
Akin Promotes Record Number of Lawyers to Partner
Akin Gump Strauss Hauer & Feld promoted 22 lawyers in nine offices to partner, effective Jan. 1, as a number of Am Law 200 firms elect record classes of new partners.
Proskauer, Cleary, O’Melveny, Sidley Add Laterals, as New Year Opens With Movement
Several laterals landed in corporate practices, while some firms added former GCs.Trending Stories
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- 3Pa. High Court to Decide Whether Flight in a High Crime Area Can Result in an Investigative Stop
- 4EB-5 Immigration Investor Program: a Win-Win Program, or Is It?
- 5People in the News—Feb. 6, 2025—Unruh Turner, Fox Rothschild
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