February 14, 2023 | The American Lawyer
Arizona and Utah Opened the Door, But Firms Remain Skeptical of Alternative Business StructuresLitigation funders are eager to make equity investments in law firms, but partner resistance and regulatory uncertainty present major obstacles.
By Justin Henry
6 minute read
February 09, 2023 | The Legal Intelligencer
Troutman Pepper Hit With Cyberattack, Firm AcknowledgesLawyers at the firm have been corresponding using their personal emails following the outage of their work email platform.
By Justin Henry
2 minute read
February 09, 2023 | The American Lawyer
Aging Lawyer Demographics Provide Growth Opportunities for Acquisitive FirmsThe buying and selling of law firms has accelerated over the last two years, thanks to leaders who see retirements of older lawyers as a strategic opportunity to grow their practices.
By Justin Henry
6 minute read
February 08, 2023 | The American Lawyer
Following Mass Exit, Lewis Brisbois Restocks Cyber Practice With 6 Wilson Elser AttysThe departure of 42 data security professionals to Constangy Brooks in January left the firm needing to rebuild its breach response capabilities.
By Justin Henry
3 minute read
February 08, 2023 | Pro Mid Market
Mid-Market Realization Trends Up With Enhancements in Billing FunctionsFrom changing billing software to developing incentives for timely billing, midsize law firm leaders shared enhancements they made to their billing practices in recent interviews.
By Justin Henry | David Gialanella | Everett Catts | Jessie Yount | Max Mitchell | Dan Roe
6 minute read
February 07, 2023 | The Legal Intelligencer
Lawyer Productivity More Stable in Phila. Due to Less Reliance on Deal WorkBillable hours per lawyer dipped by just 4.4% in a sample of Philadelphia-based firms, compared to 6.1% nationwide and 9% in New York. A Wells Fargo analyst credited the region's diverse practice mix for the relatively strong performance.
By Justin Henry
6 minute read
February 06, 2023 | The Legal Intelligencer
Fox Rothschild Elects New Managing Partner, as Morris Becomes Chair and Silow Steps BackCurrent chair Mark Silow will become chair emeritus, effective April 1, the firm said Monday.
By Justin Henry
4 minute read
February 06, 2023 | The American Lawyer
Trans-Atlantic Trio of Orrick Antitrust Partners Moves to DechertThe firm is adding the former leader of Orrick's antitrust and competition practice in Washington, D.C., as well as partners in San Francisco and London.
By Justin Henry
6 minute read
February 03, 2023 | Pro Mid Market
Developing Your Legal Niche Is a Marathon, Not a SprintMid-Market Pro columnist Ioana Good says midsize firms can own their niche by positioning themselves as thought leaders in a set of industries or practice groups.
By Justin Henry
5 minute read
February 03, 2023 | The American Lawyer
With Law Firms Under Profit Pressure, Litigation Funders Have Bullish Outlook for 2023Leaders at Burford Capital and Validity Finance say that in a down market, firms are increasingly open to arrangements that allow them to offload risk.
By Justin Henry
5 minute read
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