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October 02, 2024 | The American Lawyer

More Than 360 Law Firms Gain Mansfield Certification as Firms Remain 'Quietly Committed' Amid DEI Challenges

Mansfield leaders said that many firms have "blocked out the noise" and "remained quietly committed" to increasing diversity leadership.
4 minute read
September 30, 2024 | The American Lawyer

The Best Measure of Success: Revenue, Reputation, or Relationships?

Law firms are redefining success by incorporating metrics beyond revenue and profits, including social media presence, diversity, and client relationships. While financial growth remains crucial, other benchmarks play an increasingly important role in measuring performance, writes the Global Lawyer.
5 minute read
September 30, 2024 | The American Lawyer

Baker McKenzie Sets Profitability Goals, Focusing on New York

"Our U.S. [PEP] would land us around No. 39. Our goal is to be playing in the top 25," said Colin Murray, the firm's North American CEO.
7 minute read
September 27, 2024 | New York Law Journal

For Summer Associates, Experience in 'Real Matters' Trumps Recreational Perks

While they appreciate lavish experiences, summer associates also want to know what life in Big Law will actually be like.
8 minute read
September 26, 2024 | The Legal Intelligencer

Wine, Dine and Grind: Summer Associates Want Experience in 'Real Matters'

While they appreciate lavish experiences, summer associates also want to know what life in Big Law will actually be like.
8 minute read
September 26, 2024 | Law.com

Wine, Dine and Grind (Through the Weekend): Summer Associates Thirst For Experience in 'Real Matters'

While they appreciate lavish experiences, summer associates also want to know what life in Big Law will actually be like.
8 minute read
September 26, 2024 | The American Lawyer

Wine, Dine and Grind (Through the Weekend): Summer Associates Thirst For Experience in 'Real Matters'

While they appreciate lavish experiences, summer associates also want to know what life in Big Law will actually be like.
8 minute read
September 24, 2024 | Law.com

Foreign Law Firms in Hong Kong Cut Head Counts; the 20 Largest Firms Trim 5% of Lawyers in 12 Months

Senior partners have been encouraged to retire early, while capital markets and M&A teams also have been cut as deal work dries up. A Law.com analysis of Hong Kong Law Society data shows just how dramatic those cuts have been over the past year.
5 minute read
September 18, 2024 | The American Lawyer

The 2024 Global 200: The Year Law Firms Had to Get Smart (And Ruthless)

Despite a 10-year low for worldwide M&A activity profit per equity partner at the top firms grew by 12.4%, as they pruned their equity ranks and closed offices.
8 minute read
September 18, 2024 | The American Lawyer

Tie-Up or Break-Up? Latin American Firms Are Doing Both

Being independent allows local law firms in the region to do business with whom they want, when they want, but deprives them of some of the institutional support they might enjoy with a global firm.
3 minute read

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