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International Edition

Average Partner Pay 'Surges' in Both Equity and Nonequity Tiers

The average origination amount for a partner also shot up last year, amid a general trend of partners maintaining bigger books of business.
5 minute read

International Edition

Clifford Chance Further Modifies Lockstep to Better Reward Top Performers

The top of equity at the firm can now reach £12 million, according to one person familiar with the matter, amid a frantic London hiring market.
2 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

More Young Lawyers Are Entering Big Law With Mental Health Issues. Are Firms Ready to Accommodate Them?

A generation well aware of its mental health struggles will require law firms to adapt, experts said.
7 minute read

International Edition

Kennedys to Refresh Leadership as Senior Partner Stands Down

Exclusive: The departure of Nick Thomas will represent a major change as he has led the firm as senior partner since 1997, having been re-elected to the role unopposed in 2007, 2012, and 2017.
2 minute read

International Edition

The Africa Top 30, 2024: A Headcount Ranking of the Largest Law Firms on the Continent

ENS remains dominant, while two international firms have dropped out of the top 30 entirely.
5 minute read

International Edition

Freshfields Loses Debt Finance Partner to Kirkland

H.T. Flanagan will work out of both Dallas and New York, said Kirkland, which earlier this year combined its debt finance and structured finance teams into a single group.
3 minute read

International Edition

When It Comes to Law Firm Mergers, Are Firm Leaders Getting FOMO?

"If the good ones are pairing up, you don't want to be the ones [left]," noted one industry observer.
5 minute read

International Edition

Political Polarization Prompts Asia's Regional Firms to Seek Out Legal Networks

The age of globalization has faded, creating major change in the legal ecosystem in Asia. While the most notable shift has been Big Law's retreat, regional Asian players are seizing the opportunity to push for international exposure.
7 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

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