By Patrick Smith | October 14, 2024
Recruiting and retaining senior associates—that gold mine of Big Law leverage—may now be more challenging to single-tier firms.
The American Lawyer | Commentary
By Lisa Shuchman | October 13, 2024
Even in an industry that acts like it knows where it's going, there are no certainties, writes The Global Lawyer.
By Alexander Lugo | October 11, 2024
The St. Petersburg office of Johnson Pope was damaged by a collapsed crane, but other area law firms expect to resume business as usual Monday morning.
The American Lawyer | Analysis
By Christine Simmons | October 11, 2024
A&O Shearman is now following the trajectory of other big law firm mergers that saw partner cuts shortly after deal completion.
By Habiba Cullen-Jafar | Paul Hodkinson | October 11, 2024
"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.
By Andrew Maloney | October 11, 2024
"People are less patient than they have ever been before. People want to be awarded now," noted one consultant.
By Dan Packel | October 10, 2024
"You want to be part of a winning team," one former Big Law CEO said. "It's very important in legal, maybe more so than other professions. As a leader, you need to be very attentive to that."
By Saurabh Mehra | October 10, 2024
End of year collections are crucial for law firms because they allow them to maximize their revenue for the year, impacting profitability, partner distributions and bonus calculations by ensuring outstanding invoices are paid before the year closes, which is especially important for meeting financial targets and managing cash flow throughout the firm.
By Thomas Spigolon | October 10, 2024
Veteran commercial litigator James "Jimmy" Adams will take office Feb. 1, 2025.
By Patrick Smith | October 10, 2024
"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."
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