By Andrew Maloney | November 16, 2023
Rate increases, by an average of nearly 8%, have helped the industry see an uptick in revenue between the second and third quarters.
The American Lawyer | Analysis
By Justin Henry | November 16, 2023
"For purposes of accuracy and analysis, it would make things much more clear to the market if there were three tiers: income partner, hybrid and full equity," says one recruiter.
By Zack Needles | November 16, 2023
The news and analysis you need to start your day.
By Amy Guthrie | November 15, 2023
Argentines head to the polls Sunday to choose between an establishment candidate and a challenger who vows to shred the playbook and scrap the local currency in a country choking under triple-digit inflation and chronic debt troubles.
The American Lawyer | Analysis
By Andrew Maloney | November 15, 2023
"It's a bit telling of how the overall market is kind of feeling at the moment. There's going to be a lot of variability in how firms perform this year," noted New York legal recruiter Scott Yaccarino.
The American Lawyer | Expert Opinion
By Hugh A. Simons | November 14, 2023
History suggests that acquiring a "falling knife firm" can be accretive for the acquiring firm but that it requires something of the order of a 30% reduction in the equity partner ranks at the acquired firm, Hugh Simons writes.
By Zack Needles | November 14, 2023
The news and analysis you need to start your day.
The American Lawyer | Analysis
By Andrew Maloney | November 14, 2023
"This could be a decent year if firms are able to speed up collections from now through year-end. So, that's the big 'if'," noted Citi's Gretta Rusanow.
By Patrick Smith | November 13, 2023
Wilson Sonsini's Michael Nordtvedt noted that boards and management teams are "leaving optionality for IPOs in the second half of 2024."
By Isha Marathe | November 13, 2023
Some worry that, as legal tech becomes more essential and expensive, firms will have to cut other areas, such as personnel.
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