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April 13, 2023 | The American Lawyer

Am Law 100 Firms Reconsider the 'Givens' in Their Expense Budgets

Two years ago, law firms realized skyrocketing profits because they had no choice but to work remotely. Today, the cost-benefit analysis of spending on travel and in-person meetings is a matter of their own volition. 
5 minute read
April 10, 2023 | Daily Report Online

Strong Deals Led Atlanta's Troutman Pepper to Another Year of Revenue Gains

Troutman saw a 2.8% increase in net income spread across an equity partner pool that shrunk 8.5%, allowing profits per equity partner to soar 12.4% to $1.55 million, as the firm de-equitized some of its partnership.
4 minute read
April 10, 2023 | The American Lawyer

Strong Deals Led Troutman Pepper to Another Year of Revenue Gains

Troutman saw a 2.8% increase in net income spread across an equity partner pool that shrunk 8.5%, allowing profits per equity partner to soar 12.4% to $1.55 million, as the firm de-equitized some of its partnership.
4 minute read
March 27, 2023 | Pro Mid Market

Economic Opportunities Prompt a Partner Flight to the Mid-Market

Midsize firms are scooping up laterals from Big Law, drawn to smaller platforms that alleviate billing rate pressures and more.
6 minute read
March 14, 2023 | The Legal Intelligencer

Uncertainty Fuels Demand as New Firms Muscle In on Phila.'s Life Sciences Market

Two Am Law 100 firms have raided established players in the last six months, but practitioners describe a local ecosystem with plenty of work to go around.
7 minute read
March 10, 2023 | The Legal Intelligencer

The Top Lateral Hires of 2022

With COVID fatigue in full swing in 2022, workers started to return to the office—at least in a hybrid capacity—and law firms began seeking out talent from a few different sources.
12 minute read
March 02, 2023 | New Jersey Law Journal

New Partners Yearbook 2023

Congratulations to these new partners, made and hired laterally over the past year.
52 minute read
February 21, 2023 | The Legal Intelligencer

'Sobering': Conrad O'Brien Merger Highlights Pitfalls for Pa.'s Midsize Firms

"In this post-pandemic world, if a firm wants to be attractive to new clients, a firm is now expected to offer a full complement of high-level resources and talent, a significant geographic footprint, maintain cutting-edge data security and be able to cleverly navigate the rapidly increasing regionalized and centralized legal marketplace."
8 minute read
February 09, 2023 | The Legal Intelligencer

Troutman Pepper Hit With Cyberattack, Firm Acknowledges

Lawyers at the firm have been corresponding using their personal emails following the outage of their work email platform.
2 minute read
January 25, 2023 | The Legal Intelligencer

Phila. Law Firm Leaders Find Opportunity, Not Threat, in Goodwin Procter Arrival

Competitive pressures may tick upward, but the interest from another Am Law 50 player showcases the region's promise as a life sciences hub.
5 minute read

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