February 21, 2024 | Pro Mid Market
Slower Collections Test Boundaries of Attorney-Client RelationshipsProminent law firms are finding themselves adverse to former clients in unpaid fee litigation as collection cycles lengthen, but not every dispute is worth litigating.
By Justin Henry | Alexander Lugo
7 minute read
February 20, 2024 | Daily Report Online
Tucker Ellis Opens in Atlanta, North Jersey With Laterals From Local OfficesThe Cleveland-based Am Law 200 firm plans to open an office in Atlanta in the spring and one in Morristown in the coming days.
By Justin Henry
6 minute read
February 16, 2024 | New York Law Journal
BakerHostetler Picks Up Private Equity Dealmaker Amid Firm's M&A 'Expansion'Salomon "Sol" Sassoon spent the last three decades at Morrison & Cohen.
By Justin Henry
3 minute read
February 15, 2024 | The American Lawyer
Chasing Higher Performance, Top Firms Are Refreshing Comp Systems to Court LateralsEmbracing the nonequity tier, building bigger bonus pools and moving to a "black box" for individual earnings are all on the table.
By Justin Henry
11 minute read
February 14, 2024 | New York Law Journal
Weil Private Credit Partner Jumps to Dechert Amid Growing Signs of Transactional ThawEliot Relles arrived at Weil, Gotshal & Manges four years ago after serving as co-chair of Schulte Roth & Zabel's finance practice.
By Justin Henry
4 minute read
February 13, 2024 | The American Lawyer
Impressive Gains at Quinn Emanuel, Hogan Lovells, Milbank Suggest a Healthy 2023 for Am Law 100"It's interesting to me that those in the top 50 did even better than those in the next 50," said Marci Taylor, a law firm strategy consultant and founder of Mantra Partner, in regard to early reports.
By Justin Henry | Dan Roe
6 minute read
February 13, 2024 | The American Lawyer
Hogan Lovells Rebounds in 2023 With Most Profitable Year in HistoryThe global firm brought in $2.68 billion in revenue, which translated into $2.74 million in profits per equity partner.
By Justin Henry
6 minute read
February 09, 2024 | The American Lawyer
Law Firms Witnessed a 'Return to Profit Growth' in 2023After profits per equity partner dipped by 5.7% in 2022, they climbed by 6.6% in the last year, according to data from Citi's Global Wealth at Work Law Firm Group.
By Justin Henry
5 minute read
February 07, 2024 | New York Law Journal
Client Says Kasowitz Benson Torres Owes $100M for Alleged Conflict of InterestA New York state court summons names the Am Law 200 firm and a former partner who now serves as chief legal officer at real estate investment company Safehold as defendants.
By Justin Henry
3 minute read
February 05, 2024 | Pro Mid Market
Midsize Firms Use Bonuses, Culture to Compete for Talent After High Payouts for AssociatesIf midsize firms can't match the top of the market in associate compensation, they should tout other perks to potential recruits, said recruiter Steve Stone. For some, non-financial benefits include earlier access to client contact and work-life balance.
By Thomas Spigolon
7 minute read