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March 22, 2023 | Law.com

4 Reasons Midsize Firms Are Beating Big Law in Litigation

Large corporate clients are increasingly tapping midsize and specialty shops for their litigation matters, but lower rates are only one part of the story.
9 minute read
March 22, 2023 | Pro Mid Market

4 Reasons Midsize Firms Are Beating Big Law in Litigation

Large corporate clients are increasingly tapping midsize and specialty shops for their litigation matters, but lower rates are only one part of the story.
9 minute read
March 20, 2023 | Legaltech News

The 2023 Legalweek Leaders in Tech Law Awards Winners Are Here!

Law.com and Legaltech News are proud to announce this year's winners for the Legalweek Leaders in Tech Awards, celebrating the achievements of law firms, legal departments and vendors leading the legal profession into the future through technology and innovation.
14 minute read
March 16, 2023 | Law.com

Amid Legal Layoffs, An AI Talent Race is Heating Up

As large language models (LLMs) begin to power a host of innovations, from ChatGPT to contract lifecycle management tools, law firms are looking to get ahead of what they see as both business opportunity and a market disruption.
8 minute read
March 16, 2023 | The Legal Intelligencer

From a Workers' Comp Firm's Perspective: Ways to Weather the Economic Uncertainty Storm

As if law firm leaders didn't already have enough to worry about day to day, they must execute their strategic plans without having a sense of whether the conditions they're facing today will be the same in six months.
11 minute read
March 14, 2023 | The American Lawyer

Signature Bank's Failure Prompts Alarm Bells for Law Firms

The bank's closing has led to immediate challenges for many midsize law firms, while many in the legal industry will be re-examining their banking relationships.
6 minute read
March 02, 2023 | The American Lawyer

Beyond Excess Capacity, Pooled Services and Automation Expedite Staff Layoffs

Law firms' increasing use of national teams and push for automation are putting more business professionals on the chopping block, especially when demand falls.
5 minute read
February 27, 2023 | The American Lawyer

Perkins Coie Lays Off 58 Business Professionals

In an internal memo, the firm cited "macroeconomic conditions" as well as "increased expenses" that surpass the rate of revenue growth this year.
2 minute read
February 23, 2023 | Law.com

The Law Firm Disrupted: A 'Short, Shallow' Recession May Be Here Already. Are More Layoffs Coming?

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.
4 minute read
February 15, 2023 | The American Lawyer

As Law Firms Push Aggressive Rate Increases, Clients Have Room to Negotiate

Some rate increases last year were "shocking at the high end," according to a new rate report, noting about 15% of Am Law 100 firms increased their rates between 10% and 20%.
5 minute read

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