By Patrick Smith | December 4, 2023
Deals continue to come in, though not at a pace most would prefer. Debevoise's Michael Diz said the last couple of years have been one shock after another.
By Dan Roe | December 4, 2023
The litigation shop's formula compensation system rewards associates for originating clients and contributing to contingency cases.
The American Lawyer | Analysis
By Andrew Maloney | December 4, 2023
Even before some firms embraced associate salary increases, the legal industry appeared less optimistic heading into 2024 than they were going into 2023, according to a recent survey.
The American Lawyer | Analysis
By Andrew Maloney | November 30, 2023
Second Hundred law firm leaders said that, while they keep tabs on top-of-the-market compensation, they don't feel compelled by it.
By Patrick Smith | November 30, 2023
Quinn Emanuel, which is matching the latest base salary scale and bonuses, is expecting profits to increase more than 20% this year.
By Patrick Smith | November 30, 2023
While several law firms earned top recognition in their digital marketing, law firms overall are facing uncertainty over how to handle AI and X.
New York Law Journal | Analysis
By G. Andrew Lundberg | November 30, 2023
Legal finance is uniquely capable of enabling the integration of lateral lawyers or practice groups into firms by allowing lawyers to meld a firm's risk appetite with the client and case profiles new lawyers can bring to the party. For the same reasons, it's also uniquely suited to bridging emerging rifts in existing firms.
The Legal Intelligencer | News
By Justin Henry | November 29, 2023
Other Am Law 50 firms with roots in Pennsylvania did not respond to inquiries about whether they'd also be raising associate salaries.
By Thomas Spigolon | November 28, 2023
Atlanta law firms grew billing rates by an average of 9.5% in the first nine months of the year, compared with the industry's 7.9% growth, according to a Wells Fargo survey.
New York Law Journal | Analysis
By Paul Haskel | November 28, 2023
In recent years, law firms have taken on an increasing number of contingency cases—but doing so can be a gamble. Fee delays, risk of loss, soaring out-of-pocket costs and potentially going years without revenue are just a few of the risks. It can also lead to unusual volatility in firm revenue. So why are so many firms turning to litigation funding to mitigate these risks? This article examines the benefits and risks of litigation funding and addresses successful models in cost and risk sharing. It also compares how funding can be used successfully as a tool at different types of law firms.
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