By Patrick Smith | December 18, 2024
Leaders from DLA Piper, Sidley, A&O Shearman, Paul Weiss, Fried Frank and Proskauer, among others, weigh in on 2024 trends.
By Amanda O'Brien | December 18, 2024
Mid-market dealwork and litigation practices proved to be stabilizing forces for Pennsylvania’s AmLaw 200 firms, who were able to grow their revenues while facing ongoing transactional headwinds and inflated expenses.
By Andrew Maloney | December 16, 2024
Rapid changes to partner pay in Big Law will continue. Among nearly 200 firms, more than one-third plan to make changes to their equity partner compensation models over the next two years.
By Andrew Maloney | December 5, 2024
An "aggressive" lateral market as well as expense pressure and partner integration will challenge firms in 2025, even as they are looking to build on an already strong position.
By Andrew Maloney | November 27, 2024
"There continues to be quite a bit of expense pressure,” contributing to big firms pressing forward with billing rate increases, noted Wells Fargo's Les Starck.
By Dan Roe | November 26, 2024
The quest to form a global firm with a shared profit pool has led to some U.S. partner tensions.
By Andrew Maloney | November 25, 2024
With revenue growing 13%, practices such as health care, real estate, labor and employment and litigation were “clicking on all cylinders," said the firm's CEO.
By Samson Amore | November 22, 2024
In addition to Southern California firms' “really, really strong growth in revenue” through the first nine months of the year, Citi senior client specialist Gloria Gomez-O’Rourke said the region is “outperforming most regions in almost all categories.”
By Abigail Adcox | November 20, 2024
Revenue was up 7.6% for firms in the D.C. region in the first nine months, falling behind the industry average revenue growth of 11.9%, according to a Q3 report from Citi.
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