By Patrick Smith | March 30, 2023
Double-digit drops in revenue, PEP and other key financial metrics were the norm in 2022 for New York's elite firms.
New York Law Journal | Analysis
By Leslie Firtell | March 30, 2023
No one needs to remind us of that. So, what if we tune that out for a moment and focus on certainty—efforts you can take internally that will certainly strengthen your law firm or legal department so that external forces don't hold so much sway?
By Alexander Lugo | March 29, 2023
"Overall, we felt 2022 turned out pretty well and that we are well positioned for the future," said Kilpatrick's chair and CEO Henry Walker.
By Patrick Smith | March 29, 2023
After explosive growth due to strong transactional and capital markets work in 2021, the flip side of that equation was some significant drops in most key financial metrics.
By Zack Needles | March 29, 2023
The news and analysis you need to start your day.
The American Lawyer | Analysis
By Justin Henry | March 28, 2023
"I'm happy that we were flat [in revenue] given the unbelievable transactions in 2021," said chief managing partner Mike Millikan.
The American Lawyer | Analysis
By Justin Henry | March 28, 2023
For some, the dip was a necessary consequence of spending more on travel for much-delayed in-person meetings. For others, 2022 was the right time to invest in growth aimed at generating long-term rewards.
By Justin Henry | March 28, 2023
"At some point, [Big Law] decided they didn't want to do the day-to-day work of corporations, just bet-the-company type stuff," Wendy Bernero, chief growth officer of software provider Page Vault, said at a LegalWeek panel on the state of mid-market firms. "The gift they gave to middle-market firms was the day-to-day work."
By Jessie Yount | March 27, 2023
Willkie grew revenue and net income again in 2022, as a swell in litigation offset some declines on the corporate side. Successful lateral investments in places such as Chicago and California fueled some of the top-line returns, firm leaders said.
By Jessie Yount | March 27, 2023
In the year-and-a-half that Willkie has been in Los Angeles, the firm has grown to more than 80 lawyers there.
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