By Zack Needles | January 26, 2024
The news and analysis you need to start your day.
By Christine Simmons | January 25, 2024
In the race to increase profits and attract the best talent, law firms are now caught in a conundrum in adjusting partner compensation.
The American Lawyer | Commentary
By Lauren G. Krasnow | January 25, 2024
"Whether conversing with a leader who was facilitating their organization's decision-making or with an individual advocating for themselves, 'the numbers' always serve as the starting point," Lauren Krasnow writes. "However, as I remind my coaching clients, 'the numbers' never tell the whole story."
By Zack Needles | January 24, 2024
The news and analysis you need to start your day.
By Andrew Maloney | January 23, 2024
"Profit-mindedness" was identified as the top law firm culture trait that inspires lawyers' negative feelings toward their firms.
By Zack Needles | January 23, 2024
The news and analysis you need to start your day.
By Hugo Guzman | January 22, 2024
Since the financial crisis of 2007-2008, "market power shifted decisively from law firms to the clients, rapidly moving from a sellers' to a buyers' market for legal services," a new report from Thomson Reuters and Georgetown Law says.
By Zack Needles | January 19, 2024
The news and analysis you need to start your day.
By Thomas Spigolon | January 18, 2024
"If you don't have the talented people who are committed to the clients, then you can't grow revenue and profitability above the average like we've been able to do consistently for a decade," said chairman Robert Hays.
The American Lawyer | Analysis
By Andrew Maloney | January 17, 2024
The majority of law firms believe write-offs will increase over the next year, even after many firms made these billing adjustments in 2023, according to new results of a survey of firm leaders.
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