By David Wood | April 15, 2024
While growing by acquiring lateral partners and practice groups can be lucrative, it carries many risks. Lateral candidates' projections of the revenue they will bring to a new firm can prove inaccurate, or a particular candidate may simply be a bad fit culturally.
By Patrick Smith | April 11, 2024
Profit growth slowed in 2023, as the firm's equity tier expanded by nearly 5% to 60 partners and Brown Rudnick's PEP inched up by 0.2% to $1.68 million.
By Lisa Shuchman | April 10, 2024
In other Paris moves, Herbert Smith Freehills got back a veteran banking and finance partner from a French firm, and a veteran Big Law arbitration partner started his own firm.
By Kasvi Sehgal | April 10, 2024
Massey has been at Ropes for over eight years, having joined the firm after nearly 15 years at McDermott Will & Emery.
By Andrew Maloney | April 9, 2024
Private equity may have been down in 2023, "but our share of private equity is growing because we've been enlarging that practice," Executive Committee Chair Michael Schmidtberger said.
The American Lawyer | Analysis|News
By Amanda O'Brien | April 9, 2024
Smaller firms in particular struggle with handling younger attorneys "more keen" on leadership positions, according to executive coach and strategic adviser Gwen Mellor Romans.
By Dan Packel | April 9, 2024
Mike McNamara is now an equity partner as well as the first CEO at Baretz + Brunelle. He stepped down as the leader of Dentons U.S. in July 2021.
Daily Business Review | Commentary
By Harold Lewis and Roger Slade | April 8, 2024
A well-drafted partnership agreement among law firm partners is often the initial step to long-term success.
The American Lawyer | Commentary
By Krishnan Nair | April 8, 2024
Major law firms are still shelling out on expensive management consultants like Accenture and McKinsey—but what do they hope to achieve, asks The Global Lawyer.
The American Lawyer | Analysis
By Patrick Smith | April 8, 2024
Several New York law firms last year even bested their 2021 performance during the heyday of the deal market.
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