The American Lawyer | Analysis
By Paul Hodkinson | March 25, 2024
Class actions are set for significant growth across the globe and law firms that corner the market could reap big rewards, Paul Hodkinson writes.
New Jersey Law Journal | Analysis|News
By Amanda O'Brien | March 22, 2024
Core revenue increased from the previous year if contingency fees are removed from the equation, according to chairman and managing partner Gary Wingens. The firm is also poised to bring on a new chief operating officer, Goodwin Procter veteran Michael Caplan.
By Andrew Maloney | March 22, 2024
Several law firm leaders have said they are often more concerned with per-lawyer or per-partner thresholds, compared with top-line milestones.
By Patrick Smith | March 22, 2024
"There was no plan for mass de-equitization," said chair Kenneth Rosh. "We do manage it [the partnership], and there were some laterals who left and some retirements."
By Dan Roe | March 21, 2024
Strong performances in litigation, middle-market M&A and bankruptcy practices propelled the firm to a 6.2% increase in gross revenue.
By Thomas Spigolon | March 21, 2024
"We're not going to limit the people who should be partners when they've achieved the firm's milestones," said CEO Betty Temple.
By Abigail Adcox | March 21, 2024
Kirkland, Crowell, Quinn and Susman Godfrey, among others, have all had financial gains from contingency fee cases. "We've seen a noticeable increase in interest in building out plaintiff side practices," said Evan Meyerson, at Burford Capital.
By Patrick Smith | March 21, 2024
Despite a higher head count in 2023, Goodwin said it did not plan on any force reductions in 2024.
By Andrew Maloney | March 20, 2024
People were the engine of the Am Law 100 firm's gains last year, with 34 lateral partners and around 90 lawyers overall joining the firm, said Barnes managing partner Andy Detherage.
By Thomas Spigolon | March 20, 2024
The firm reached another financial milestone in 2023, when its PEP passed the $3 million mark for the first time, increasing 9.3% to $3.252 million.
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