The American Lawyer | Analysis
By Andrew Maloney | September 6, 2024
A lot of firms are now offering make-whole or even "make-better" agreements to get laterals right away, illustrating top firms' buying power and desire to keep growing as demand and billing rates accelerate.
New York Law Journal | Analysis
By Mimi Lamarre | August 29, 2024
"The incremental demand has really come from the transactional practices—capital markets, private equity, and fund formation. That trend started in the late third quarter of last year."
By Samson Amore | August 29, 2024
"Insurance is a blessing and a curse. You have a constant stream of work and gigantic clients that are never going to be a credit risk; but on the other side, it's a rate-constrained practice."
National Law Journal | Analysis
By Abigail Adcox | August 28, 2024
Among D.C.-based firms, revenue was up 5.6% in the first six months of 2024, falling below the 11.4% revenue growth the industry saw overall.
By Patrick Smith | August 28, 2024
The initial list of six approved investment firms will limit the fresh opportunities for Big Law, but expect more chances for dealmakers to unfold over time.
By Brenda Sapino Jeffreys | August 28, 2024
Demand also declined on average during the first six months of 2024 for the group of Texas firms that participated in the Wells Fargo Legal Specialty Group Six-Month 2024 Survey.
By James Jackson | August 28, 2024
The legal sector in Europe's largest economy has skipped the recession but what lies ahead?
By Andrew Maloney | August 28, 2024
Lower billing rates, more head count, and slowed collections, relative to the top 50, have all contributed to the Second 50's slower growth.
By Patrick Smith | August 27, 2024
For advisers to companies being bought or sold, Latham led all law firms in total round value for all PE stages.
By Andrew Maloney | August 26, 2024
The growth in "rack" billing rates remains the "primary contributor" to revenue growth and "was considerably higher for the Am Law 1-50 (10%) than for the other tiers, said Wells Fargo in its first-half report.
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