By J. Mark Santiago | February 24, 2023
The best and most effective way to drive firm profitability is through influencing partner behavior. The best way to incent the partners is by linking their compensation clearly and directly to the achievement of the firm's business strategy.
By Dan Packel | February 23, 2023
One economic forecaster predicts continued pain for the tech and finance industries, amid early signs that certain law firms serving these clients are feeling the pinch.
By Justin Henry | Patrick Smith | February 23, 2023
Chris Davis, formerly acting CFO at Goodwin Procter, started at Paul Hastings this month. The firm had previously planned to hire Jonathan O'Brien before he was sued by Proskauer over allegations of stealing trade secrets.
By Brenda Sapino Jeffreys | February 23, 2023
Jackson Walker, the largest Texas-only firm, posted another record year in 2022, spurred by strong demand in practices including bankruptcy, litigation and finance.
By Andrew Maloney | February 23, 2023
The Midwest firm has considered "a number" of merger opportunities, while Miami and Tampa are potential expansion targets.
By Andrew Maloney | February 23, 2023
Several law firm leaders said they're getting more revenue from alternative fee arrangements or ramping up their ability to put them together.
By Alexander Lugo | February 22, 2023
The expanding Fort Lauderdale-based firm brought in over $175 million, while profits per equity partner grew to $830,000.
The American Lawyer | Analysis
By Justin Henry | February 22, 2023
"We're trying to try to achieve greater profitability, but we're not making that an obsession," said CEO Miguel Zaldivar.
By Alexander Lugo | February 21, 2023
Revenue for the New Orleans-founded firm grew by 6% to $137.8 million, while profits per equity partner also rose in 2022.
By Dan Roe | February 21, 2023
Economic uncertainty is accelerating clients' flight to law firms with niche expertise.
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