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Early Reports: The 2021 Am Law 200 Financials
A collection of all The American Lawyer's reporting on how law firms fared in 2020, updated as we learn more.
Under Economic Pressure, Large Firms May Increasingly Sue Clients for Nonpayment
There may be an uptick in cases, mirroring what happened in the mid-2010s after the Great Recession, lawyers who represent law firms say.
Past Due: Why Large Firms May Be Increasingly Likely to Sue Clients for Nonpayment
"Partners are under pressure to bring in as much money as they can, and that has led to more aggressive behavior in terms of fee collections and those kinds of disputes," said one litigator who represents law firms in fee collections disputes.
The Ethics of a One-Sided Grand Jury Presentation
No statute or case law legally compels a balanced presentation—as if the prosecutor had a dual personality or had mixed emotions over whether she really wants the grand jury to indict. He virtually always, if not always, wants to indict. The recent Rochester grand jury investigation by New York's Attorney General that resulted in a no true bill against seven police officers regarding the death of Daniel Prude raises the issue squarely, which Joel Cohen explores in this edition of his Ethics and Criminal Practice column.
ESG Work Takes Off at Big Law Firms, as Clients Navigate Disclosure Requirements
ESG "has been driven into the mainstream both by the regulatory and government side, but also the pandemic accelerated interest in this," Stacy Louizos, co-lead of Blank Rome's ESG team, said.
Nelson Mullins and Dickinson Wright Create New Diversity Director Roles
Several other firms have recently announced new D&I hires, including Balch & Bingham, Polsinell, Littler Mendelson, Blank Rome and Armstrong Teasdale.
These Firms Steered Clear of Layoffs and Salary Cuts in 2020
"Our employees have been very grateful and appreciative and it's instilled a sense of loyalty," one firm leader said.
Clients Call The Shots On Geographic Expansion
Despite the shift to remote work, office openings have continued, one right after the other. Firms of various sizes have been popping up in new cities, and they're putting down roots.Trending Stories
- 1Generations Aren't Connecting, and It May Be Hurting Law Firms
- 2A Law Firm Divided: How Generational Differences Are Fracturing Firms
- 3Skadden's Reputation Remains Sterling. So Why Are Partners Leaving?
- 4A Look at Law Firms' Intergenerational Communication Breakdown
- 5After Milbank Rolls Out Summer Bonuses, Big Law in 'Waiting' Mode While Associates Watch Eagerly
Featured Firms
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Driving Value with Better Decision-Making: A Governance Maturity Checklist
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Strategic Triumph: Unveiling the Secrets Behind Small Law Firms Thriving with AI Research and Drafting
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CFIUS Compliance: Your Organization's Growth and Investment Strategy May Be a Matter of National Security
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Document Review Challenges: Strategies for Law Firm Litigation Professionals in 2024
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