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November 28, 2023 | Daily Report Online

Even as Billing Rates Soared, Atlanta Law Firms See Slowdown in Revenue Growth

Atlanta law firms grew billing rates by an average of 9.5% in the first nine months of the year, compared with the industry's 7.9% growth, according to a Wells Fargo survey.
5 minute read
November 28, 2023 | Daily Business Review

Big Law Firms Offering 'Mixed Bag' of Rate, Comp Structures in Emerging Markets, Including Miami

"Our real value proposition is we provide coastal expertise at Midwestern rates," said one law firm leader. "You get a lot of bang for your buck."
6 minute read
November 28, 2023 | The American Lawyer

Deal Watch: This M&A Partner Just Had Two Big Deals on Same Day

Karessa Cain led Wachtell teams for eBay and Jacobs Solutions for deals announced on same day.
8 minute read
November 28, 2023 | The American Lawyer

Big Law Firms Offering 'Mixed Bag' of Rate, Compensation Structures in Emerging Markets

"Our real value proposition is we provide coastal expertise at Midwestern rates," said one law firm leader. "You get a lot of bang for your buck."
6 minute read
November 22, 2023 | Daily Business Review

Slower Collections Hamper Revenue Growth In Fla. Law Firms As Year End Approaches

"They've done the work creating the value. Now they have to collect it, and that's what's going to drive that revenue figure up," said Owen Burman, a senior consultant at Wells Fargo.
3 minute read
November 22, 2023 | Texas Lawyer

Homegrown Texas Law Firms Reap Benefits of Collections 'Discipline' and Strong Demand Through Q3

"This revenue outcome represents not only favorable client demand [and] the right decisions around billing rates, but also the right discipline around the collection cycle."
3 minute read
November 21, 2023 | Daily Business Review

Am Law 200 Boom in Miami Picks Up Steam, as Dinsmore Enters With Lewis Brisbois Group

The firm's growing size in Florida "starts to really give you the gravitas and the gravity, if you will, to let others know you're serious about your investment in that region," said Dinsmore's leader.
4 minute read
November 21, 2023 | The American Lawyer

New York Law Firms See Good News, But Still Have Some Cause for Concern

"We've been incredibly fortunate to have had a lot more stability and excitement in our own work during 2023," Wachtell's Adam Emmerich said.
7 minute read
November 21, 2023 | National Law Journal

DC Law Firms on Road to Finish Strong 2023, Amid Billing Rate and Demand Growth

Citi attributed D.C. firms' demand growth to client demand for partner-level talent, in areas including regulatory, litigation and restructuring.
4 minute read
November 21, 2023 | Texas Lawyer

Texas Law Firms 'Holding Their Own' So Far This Year

While demand through the first nine months of 2023 was flat for the legal industry when compared to the same period last year, homegrown Texas firms posted a 1.1% increase in demand, according to a Wells Fargo Legal Specialty Group survey.
3 minute read

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