By Brenda Sapino Jeffreys | March 1, 2024
Morrison Cohen, a midsize law firm in New York, announced that nine partners are departing, with seven expected to join Am Law 200 firm Loeb & Loeb.
By Dan Roe | March 1, 2024
Gross revenue increased nearly 3% even as real estate and public finance practices struggled with high interest rates.
The Legal Intelligencer | Analysis|News
By Amanda O'Brien | February 29, 2024
This is the fifth consecutive year in which net income growth surpassed 8.5%, coinciding with the course of the firm's five-year strategic plan.
By Alexander Lugo | February 29, 2024
The moderate growth came after two years of faster pace in revenue growth, but CEO Brian Duffy says it's only a slowdown because 2021 and 2022 were such extraordinary years for the firm.
By Brenda Sapino Jeffreys | February 28, 2024
While Jackson Walker, the state's largest Texas-only firm, only grew its revenue by 3.8% in 2023, its lawyer head count grew by 8.4% with substantial lateral hiring.
By Dan Roe | February 28, 2024
Colorado's biggest law firm also increased gross revenue by 11.3% in 2023 as all major practice areas saw growth.
By Alexander Lugo | February 28, 2024
The Fort Lauderdale-based firm saw revenue increase for the fourth straight year, but the 1.7% bump was far less than 2022's 16% surge.
The American Lawyer | Analysis
By Andrew Maloney | February 27, 2024
Now, there may be even greater emphasis on the profitability of a practice, not just hours.
By Thomas Spigolon | February 26, 2024
The firm increased its realization rate, from 105% in 2022 to 109% last year.
The American Lawyer | Analysis
By Andrew Maloney | February 26, 2024
"For the first time in years, firms don't seem to be harried by the tumultuous rollercoaster of events seen thus far during the 2020s," according to a legal industry report this month.
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