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International Edition

Is Toronto the Next Hot Spot for US Firm Expansion?

Canada's largest city has a lot to offer and firms like Mintz and Cozen O'Connor have already started the trend to move north of the border.
6 minute read

International Edition

In Canada, the Glory Days of Associate Signing and Retention Bonuses Are Over

As U.S. firms shed lawyers, Canadian firms are holding steady and being more strategic in their hiring, says a new salary report.
3 minute read

International Edition

Can Rates Make Up for Expense Growth Much Longer?

Rates and expenses have a limited window to rise in unison before law firms have to turn to innovation.
8 minute read

International Edition

What $1,000 an Hour Gets You in the Am Law 200 Today

Second-year associates and 19th-year partners share the same billing rate in recent bankruptcy filings.
3 minute read

International Edition

With the Financial Year End Nearing, Keeping Your Cool Has Never Been Harder

There are a few reasons why firms might be focusing on getting paid faster, but the timing is unfortunate, writes the London Lawyer.
4 minute read

International Edition

The Industry's 'Achilles heel': Freshfields Focuses on Reducing Lock-up

'Chasing clients for a couple of months is normal, but we're finding it's taking longer these days—so we're really quite focused on cutting that gap down.'
4 minute read

International Edition

Clients are Driving a Harder Bargain: Is This Cost Pressures or a Cultural Shift?

UK lawyers, consultants and GCs all agree cost pressures are causing clients to push for discounts, fixed fees and delayed payments, but others say there are also cultural issues at play.
5 minute read

International Edition

Can Law Firms Hold the Line on Layoffs and Billing Rates in 2023?

"The top 200 firms should hold back on raising rates to fill their shortfall for 2023, as clients are watching and weighing alternatives," recommends a new report.
6 minute read

International Edition

Big Money For Lawyers, But Still a Question Mark for Consumers: Are UK Class Actions Really Working?

The Competition Appeal Tribunal has gone from being a backwater to being a major centre for modern disputes, hearing cases that could generate billions in legal fees. But an in-depth analysis by Law.com International has found many are unhappy with the new world, saying the ultimate beneficiaries are not the claimants.
12 minute read

International Edition

Law Firms Push Aggressive Rate Increases But Clients Have Room to Negotiate

Some rate increases last year were "shocking at the high end," according to a new rate report, noting about 15% of Am Law 100 firms increased their rates between 10% and 20%.
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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