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Justin Henry

Justin Henry

Justin Henry covers law firm business trends and innovation for The American Lawyer. Reach him at [email protected] or on Twitter @jstnhenry87

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June 05, 2023 | The American Lawyer

When Rainmakers Leave, Partners Ask 'Should I Stay or Should I Go?'

A string of individual departures along with an increase in group moves at both Shearman & Sterling and Stroock & Stroock & Lavin bring attention to the calculations partners need to make when they gain a sense their firm may be in distress.

By Justin Henry

10 minute read

June 01, 2023 | The American Lawyer

Reed Smith Reshuffles Senior Team Under Newly Minted Leader

Casey Ryan took over from Alexander "Sandy" Thomas as global managing partner earlier this year.

By Justin Henry

4 minute read

June 01, 2023 | Pro Mid Market

Lippes Mathias Executes Its 2nd Merger In 2023 With Tax Boutique

Asked about Lippes Mathias' aggressive merger activity in 2023, Kevin Cross, the firm's managing partner, said: "During COVID, we were a bit cautious, like a lot of businesses were. We felt strongly that these combinations made sense. Tax controversy fits into a lot of our practice areas."

By Justin Henry

5 minute read

June 01, 2023 | Pro Mid Market

What It's Like for Midsize Firms To Get Mansfield-Certified, According to the Firms Who Just Did

About 70 midsize firms qualified for Diversity Lab's midsize Mansfield Certification, which required 30% of candidates considered for leadership roles or equity partner promotions to be from underrepresented groups.

By Justin Henry

5 minute read

June 01, 2023 | The American Lawyer

The Other Talent War: Professional Development Isn't Just for Lawyers Anymore

Law firms have invested in competitive compensation packages for business managers, one of many indicators of raising the profile of nontimekeeping staff in the legal industry.

By Justin Henry

7 minute read

May 24, 2023 | The American Lawyer

A Failure to Decentralize: A Messy 4 Months at Lewis Brisbois Has Roots in Belated Succession Planning

"Rarely does there seem to be a good time to introduce meaningful change," current Lewis Brisbois chairman Bob Smith acknowledged earlier this month. But the fallout from two recent large group exits suggests the firm paid the price for waiting.

By Justin Henry

12 minute read

May 24, 2023 | Pro Mid Market

'Founder's Syndrome' Befalls Firms Seeking Transition from First Gen Leadership

According to a recent survey of 250 law firm professionals, only 5% are concerned about their firm's succession plan. "I think that it's something they are avoiding having to deal with," said Patrick McKenna, a principal and founder of McKenna Associates Inc. and survey author.

By Justin Henry

6 minute read

May 23, 2023 | The American Lawyer

Are Second Hundred Firms the New 100?

Am Law 100 partners are defecting to Second Hundred firms for better business development opportunities, and their clients are on board.

By Justin Henry

10 minute read

May 19, 2023 | The American Lawyer

Lewis Brisbois Leaders Hoarded Firm Assets, Misused Client Funds, Ex-COO Alleged in 2019 Letter

"Firm Co-Founder and Chairman Bob Lewis appeared to run this massive partnership as if the Firm was still a 'mom and pop' operation still controlled by Bob Lewis," former COO Robert Kamins wrote of the alleged improprieties in how the Am Law 100 firm was managed.

By Justin Henry | Jessie Yount

8 minute read

May 17, 2023 | The Legal Intelligencer

Dechert Becomes the Latest Firm Caught in Boom-and-Bust Hiring Cycle

The cuts announced last week return the firm to 2021 staffing levels.

By Amanda O'Brien | Justin Henry

5 minute read