By Alexander Lugo | October 25, 2024
Hodgson Russ is expecting double-digit growth in profits and income after last year's slump in both categories, coming from a boost in work within the firm's litigation and corporate practices.
National Law Journal | Analysis
By Abigail Adcox | October 25, 2024
The average pay for Am Law 200 partners, including equity and nonequity partners, in D.C. has eclipsed $1.5 million.
The American Lawyer | Analysis
By Natasha Teja | October 25, 2024
"If you're billing by the hour, you're not really very incentivized to buy some software that makes it take fewer hours to do the same thing," one chief technology officer said.
By Andrew Maloney | October 25, 2024
"It's definitely a good time to be a law firm partner," said Major, Lindsey & Africa's Louis Ramos, referring to a survey showing partners are relatively happy with their pay.
By Natasha Teja | October 24, 2024
In-house teams continue to make up the majority of legal tech company clients and profit growth, tech leaders say.
By Andrew Maloney | October 24, 2024
The average origination amount for a partner also shot up last year, amid a general trend of partners maintaining bigger books of business.
The American Lawyer | Analysis
By Andrew Maloney | October 22, 2024
More top law firms have initiated earnings expectations for their equity partners, such as at least $5 million to $7 million in business each year.
By Andrew Maloney | October 18, 2024
There are three major pricing errors, and many partners "don't grasp the balance between costs, pricing and profits," one expert says.
By Patrick Smith | Brenda Sapino Jeffreys | Thomas Spigolon | October 17, 2024
"You must have very clear objectives," observed strategy consultant Deborah Farone. "If you're producing a training session without knowing exactly what you want to get out of it, you're setting yourself up for failure."
By Patrick Smith | October 16, 2024
Of seven announced deals in the past week that were worth more than $1 billion, four were private equity-driven, and two were driven by private lenders.
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