NEXT
Sign in to follow

International Edition

Partner Cuts: The Grim Reality of Post-Merger Integration

A&O Shearman is now following the trajectory of other big law firm mergers that saw partner cuts shortly after deal completion.
7 minute read

International Edition

Cleary Creates Nonequity Partner Tier, Calling For 'Innovation and Adaptation'

"We are not doing it to create a different leverage model within the firm," said managing partner Michael Gerstenzang. "We are doing it to create more opportunities in promotion and development."
5 minute read

International Edition

Will Private Credit Produce Another Kirkland?

"If [law firms] don't have the right volume, the right connections, the right associates and the right knowledge management tools, they will burn out. The big players won't," said Akin Gump Strauss Hauer & Feld's Ranesh Ramanathan.
8 minute read

International Edition

'London and Brussels Have Quickly Become Accretive for the Firm': Paul Weiss Enters Top 10 UK M&A Advisers

"It shows that if you hire the top talent... then the London legal market is a fantastic investment for law firms," says London co-head Neel Sachdev.
4 minute read

International Edition

The Best Measure of Success: Revenue, Reputation, or Relationships?

Law firms are redefining success by incorporating metrics beyond revenue and profits, including social media presence, diversity, and client relationships. While financial growth remains crucial, other benchmarks play an increasingly important role in measuring performance, writes the Global Lawyer.
5 minute read

International Edition

Macfarlanes Remains Number 1 UK Firm By Profit Margin, Rankings Show

The U.K.-only firm came in slightly ahead of Freshfields, while firms including Hill Dickinson and Simmons & Simmons ranked highly.
2 minute read

International Edition

Senior Partners Approach $3,000 an Hour, As More Billing Rate Hikes Expected in 2025

About 16 Am Law 50 firms have third-year associates with rates over $1,000, but Valeo Partners project around half of the Am Law 50 to have rates of over $1,000 for this group of lawyers by 2025.
5 minute read

International Edition

Gibson Dunn Cuts Half of Singapore Partnership, Four Partners Set to Leave

The move, which leaves the firm with three partners who are solely based in Singapore, comes in contrast to the steady influx into the city-state in recent years.
4 minute read

International Edition

Armstrong Teasdale Faced Regulatory Inquiry Before Shuttering in London

The firm's London office, which opened in 2021,brought in $14 million in revenue in 2022 but recorded less than $250,000 in profits.
5 minute read

International Edition

The Disruptors: How Paul Weiss and Freshfields are Transforming the Global Elite Race

They have starkly different backgrounds. But both firms have succeeded in ways that other firms have not when breaking into significant foreign markets. Leaders at both firms explain how.
11 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

  • 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

  • White Collar Investigation Practice: Global Expertise in Complex Investigations

    Brought to you by HaystackID

    Download Now

  • Criminal Division's Evaluation of Corporate Compliance Programs: September 2024 Updates Review

    Brought to you by NAVEX Global

    Download Now