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.
Legaltech News | Expert Opinion
By Stephanie Wilkins | January 17, 2024
Legal industry experts give their predictions for what how we can expect to see the business of law disrupted in 2024.
By Habiba Cullen-Jafar | January 17, 2024
Partners ranging from Latham's Mark Austin and Weil's Murray Cox are upbeat on expected changes that could break open London's faltering stock market—but do the reforms go far enough?
By Justin Henry | January 11, 2024
The adoption of a nontransparent pay system comes as firm leaders seek to reduce internal tensions as the spread of compensation expands.
By Zack Needles | January 11, 2024
The news and analysis you need to start your day.
The American Lawyer | Analysis
By Andrew Maloney | January 11, 2024
Am Law 100 firms increased their associate ranks by only 1.7% through November, even accounting for their fall classes, according to a report this week.
The American Lawyer | Analysis
By Dan Roe | January 10, 2024
Dechert has hiked its rates for a top partner by 20%, while McDermott is charging top partners out at $2,590 hourly, according to recent bankruptcy court filings.
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