The American Lawyer | Analysis
By Jessie Yount | October 12, 2023
Law firms risk missing out on an already-short list of leadership candidates without rewards and incentives that are directly linked to leadership goals.
The American Lawyer | Analysis
By Justin Henry | October 12, 2023
The percentage of firms that use "rewards and repercussions" to compel attorneys to meet billing deadlines is on the rise, to 89% in 2023 from 32% in 2017, according to data from consulting firm Harbor Global.
National Law Journal | Analysis
By Abigail Adcox | October 11, 2023
Still, other law firm leaders are expressing concerns to partners about meeting budget, according to area legal recruiters.
By Brenda Sapino Jeffreys | October 11, 2023
The 2023 Legal Trends report from Clio, a cloud-based legal technology provider, finds legal professionals are 75% more productive than in 2016, when the Canadian company started analyzing data from its customers.
The American Lawyer | Analysis
By Andrew Maloney | October 11, 2023
"We call it 'change slipping through the back of the sofa,'" Steven Manton, part of a group of senior pricing professionals, said. 'It's millions and millions across a large law firm, when you add it all up."
By Andrew Maloney | October 6, 2023
"The decline in realization is happening even before the client is billed," analysts said in a new report analyzing billing rates.
By Zack Needles | October 5, 2023
The news and analysis you need to start your day.
By Dan Roe | October 4, 2023
Law firms are emphasizing billing hygiene, conducting profit education and improving utilization levels to shore up profits by the end of 2023.
By Zack Needles | October 4, 2023
The news and analysis you need to start your day.
By Krishnan Nair | October 3, 2023
Clients have also turned to the SRA's Compensation Fund, a hardship fund with several conditions attached to it.
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