The American Lawyer | Analysis
By Justin Henry | December 29, 2023
"The big group moves are driven by the stars that are part of those groups," said Macrae recruiter Justine Donahue. "The high rainmakers can command a group to move with them based on their clients and their brand name."
By Habiba Cullen-Jafar | December 28, 2023
The firm's total number of partners and staff costs rose, as it continued to grapple with its pension liability, the latest LLP accounts show.
The American Lawyer | Analysis
By Justin Henry | December 28, 2023
Though firms have different approaches, the momentum in partner compensation is heading toward merit-based rewards to compete for rainmakers and grow profitability.
The American Lawyer | Analysis
By Justin Henry | December 15, 2023
"I've worked with firms who find it difficult because they want the partners to charge X rate and they would lose a third of their business," said Charlotte-based Jordan Abshire, founder and managing member of Abshire Legal Search.
Daily Report Online | Analysis
By Justin Henry | December 15, 2023
"I've worked with firms who find it difficult because they want the partners to charge X rate and they would lose a third of their business," said Charlotte-based Jordan Abshire, founder and managing member of Abshire Legal Search.
New York Law Journal | Commentary
By Miten Shah | December 14, 2023
While the one-tier partnership model ruled for a long period of time, today's competitive challenges exposed its limitations, particularly in terms of talent recruiting and retention, as well as client acquisition.
By Andrew Maloney | December 14, 2023
The firm reached $856 million in revenue, and more than $1.9 million in average profits per equity partner, as its equity ranks stayed flat.
By Miten Shah | December 13, 2023
While the one-tier partnership model ruled for a long period of time, today's competitive challenges exposed its limitations, particularly in terms of talent recruiting and retention, as well as client acquisition.
The American Lawyer | Analysis
By Justin Henry | December 13, 2023
The profit-sharing plans of both FisherBroyles and a spinoff firm are a departure from the usual practices of distributed law firms.
National Law Journal | Analysis
By Abigail Adcox | December 13, 2023
Steptoe has also been investing more in financial and budget professionals, alongside updating its financial systems, said firm chair Gwen Renigar, adding that "we have a much stronger modern infrastructure to help us all year long."
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