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October 14, 2024 | The American Lawyer
Cutting Partner Compensation Becomes Routine in Big LawSome firms are making sharper pay cuts of partners, helping them pay their top performers.
By Andrew Maloney
5 minute read
October 11, 2024 | The American Lawyer
Setting Partner Comp: Are Law Firms Now Too 'Short-Term Focused'?"People are less patient than they have ever been before. People want to be awarded now," noted one consultant.
By Andrew Maloney
4 minute read
October 09, 2024 | The American Lawyer
As Law Firms Set Partner Comp and Budgets for 2025, Leadership Manages Expectations"There's a difference from what they tell their partners and what they expect," said one consultant about some firms' budget for the coming year.
By Andrew Maloney
6 minute read
October 08, 2024 | The American Lawyer
Willkie Keeps Building in Chicago as Office Eclipses 100 LawyersThe lateral moves are consistent with its strategy to stock up on "A-plus practitioners" in places where the firm is already strong, said Willkie Midwest office leader Craig Martin.
By Andrew Maloney
4 minute read
October 04, 2024 | The American Lawyer
Former Mayer Brown Chair Bob Helman, Who Steered the Firm Through Turbulent Time, Dies at 90"His successes on behalf of clients are legion, including his representation of Santa Fe Pacific in a merger that created the largest North American rail network," the firm said in a statement.
By Andrew Maloney
3 minute read
October 04, 2024 | The American Lawyer
Law Firm Library and Research Roles, Long Endangered, Are Making a ComebackAI is one likely driver behind the "greatest shake-up" in law firm staffing over the last year.
By Andrew Maloney
5 minute read
October 03, 2024 | The American Lawyer
Internal Leadership Revamp Aids Growth of Spencer Fane"We don't believe it is feasible for a practice group leader or co-leaders to effectively execute on everything in the current job description of a practice group leader," firm chair Pat Whalen said.
By Andrew Maloney
6 minute read
October 01, 2024 | The American Lawyer
'Higher Level' of Law Firm Merger Activity Expected in 2025, but Tie-Ups Remain Steady so Far"I do think there are fewer options" for merger partners, noted consultant Lisa Smith, "although there's always new firms forming, and new firms spinning off."
By Andrew Maloney
5 minute read
October 01, 2024 | The American Lawyer
Kirkland Keeps New Partner Promotion Class at 200 LawyersThe firm's latest partner promotions are the first time the class has decreased year-over-year in at least the last eight years.
By Andrew Maloney
2 minute read
October 01, 2024 | The American Lawyer
In Another Am Law 200 Firm Merger, Spencer Fane Expands in Las VegasSpencer Fane adds about 14 lawyers in its combination with Las Vegas-based Holley Driggs.
By Andrew Maloney
3 minute read
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