Sign in to follow

International Edition

Macfarlanes Highest Paid Partner Pay Breaks £4M Barrier

The new record comes as profits at the firm also experienced a healthy boost.
2 minute read

International Edition

BCLP Mulls Merger Prospects as Profitability Lags, Partnership Shrinks

The quest to form a global firm with a shared profit pool has led to some U.S. partner tensions.
8 minute read

International Edition

Law Firms See Double-Digit Profit Growth as Billing Rates Rise

Billing rate growth continues to drive law firms' performance in 2024.
5 minute read

International Edition

The Law Firms Generating 8-Figure Fees on the Year's Big Ticket UK Deals

The U.K. M&A market rebound has been a boon for a handful of elite law firms, according to Law.com International research, with one firm proving especially prolific.
3 minute read

International Edition

Kirkland, Freshfields Earn 8-Figure Windfall for Leading £5.4B Hargreaves Lansdown Takeover

The legal spend is among the highest seen in London for a single transaction, according to rival partners.
3 minute read

International Edition

The Price of Time: Should Law Firms Sell Minutes or Value?

As the legal industry grapples with the rise of AI, the once-immutable billable hour faces unprecedented scrutiny.
4 minute read

International Edition

Can AI Beat the Billable Hour? Legal Tech Firms Say Selling AI Products to Law Firms Still a Challenge

In-house teams continue to make up the majority of legal tech company clients and profit growth, tech leaders say.
6 minute read

International Edition

At Least a $5M Book of Business: Partner Expectations Tighten

More top law firms have initiated earnings expectations for their equity partners, such as at least $5 million to $7 million in business each year.
5 minute read

International Edition

UK's Top Partners Billing $1,300+ Per Hour Driven by US Rivals

"We know law firms have been using rates to increase that top line for a number of years and I suppose the question that arises is: 'How much longer is that possible?'"—PwC.
2 minute read

International Edition

A&O Shearman Adopts 3-Level Lockstep Pay Model Amid Shift to All-Equity Partnership

The changes follow the news that the firm is to trim its partner numbers and withdraw from certain areas, as elite law firms seek ways to better reward top performers.
3 minute read

TRENDING STORIES

Law Pro Logo

Featured Firms

Law Offices of Gary Martin Hays & Associates, P.C.

(470) 294-1674

Law Offices of Mark E. Salomone

(857) 444-6468

Smith & Hassler

(713) 739-1250

More from ALM

More from ALM

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

Resources

  • Leveraging Technology to Improve Employee Engagement and Client Satisfaction

    Brought to you by CARET Legal

    Download Now

  • How to Choose Your Legal Operations Software: Key Considerations and Expert Tips

    Brought to you by DiliTrust

    Download Now

  • Yearly Roundup: Strategic Insights for Law Firm Decision Making

    Brought to you by CARET Legal

    Download Now

  • Lex Machina Contracts: Commercial Litigation Report 2024

    Brought to you by LexisNexis®

    Download Now