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The American Lawyer

White & Case, Reversing Revenue and Profit Slides, Rides Out Practice Growth in 2023

The firm had several outperforming practices in a year in which it saw its first leadership change in almost two decades.
5 minute read

The American Lawyer

Paul Weiss, Seeing Record Year in Revenue and Profits, Plans Compensation, Partnership Changes

The growth, including crossing the $2 billion mark in revenue, comes as Paul Weiss has decided to move to a two-tier partnership and a black-box compensation system for partners, said firm chair Brad Karp.
7 minute read

Daily Report Online

Baker Donelson, Fueled by Demand and Rate Increases, Sees Revenue and Profits Climb

The Tennessee-founded firm raised profits while paying down debt from recent expansion.
5 minute read

The American Lawyer

Anticipating Transactional Rebound, Am Law 50 Steps Up Partner Hiring in Early 2024

"It shows optimism about what's to come," Macrae partner Jon Truster said. "I don't believe that the hiring is reflective of deal activity. I think it's law firms being more opportunistic that their corporate departments will become busier."
6 minute read

The American Lawyer

Weil's Energy Sector Expansion Continues With Lateral Partner From Bracewell

Steven Lorch is the fifth energy partner to join the firm in the past year.
3 minute read

The American Lawyer

Freshfields Goes to One-Size Attorney Offices, as NY Space Mixes 'Egalitarian' and 'Vibrancy'

In New York, junior associates up through the most senior partners have solo workspaces that are now the same square feet.
4 minute read

The American Lawyer

Facing Overcapacity, Law Firms Made Fewer Offers for 2024 Summer Associates

"The data looks a lot like what it was in the Great Recession," said Nikia Gray, executive director of the National Association for Law Placement. "We don't think it's because the legal market is going through a recession, but because the law firms are overleveraged."
6 minute read

The Legal Intelligencer

How One PI Lawyer Built a Huge Practice Without Advertising

I wanted to share his story with you—because he has built a huge personal injury (PI) practice without advertising—on the internet, yellow pages, billboards or otherwise.
7 minute read

Delaware Law Weekly

3 Potter Anderson Lawyers Selected to Participate in LCLD Programs

As part of Potter Anderson & Corroon's continuing commitment to supporting the work of the Leadership Council on Legal Diversity, three firm lawyers have been selected to participate in this year's LCLD programs.
2 minute read

The American Lawyer

Covington's Stacey Grigsby on the Changing Legal Landscape for Diversity, Equity, Inclusion and Accessibility Initiatives

Grigsby, who worked on civil rights issues as Deputy White House Counsel in the Biden Administration, returned to the firm earlier this year as a senior member of its institutional culture and social responsibility practice and co-chair of government litigation.
8 minute read

More from ALM

More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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