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International Edition

Fieldfisher Top of Equity Halves to £3.1M

The firm's latest LLP accounts also document rising staff costs and a reduced cash position.
2 minute read

International Edition

Partner Pay Has Entered 'A Whole Different World'

Rapid changes to partner pay in Big Law will continue, experts say. Among nearly 200 firms, more than one-third plan to make changes to their equity partner compensation models over the next two years.
6 minute read

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

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

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