0 results for 'Wells Fargo'
New York City-Headquartered Law Firms Outpace Industry in First Half of 2024
"The incremental demand has really come from the transactional practices—capital markets, private equity, and fund formation. That trend started in the late third quarter of last year."Litigation Department of the Year Finalist, Class Action: Bernstein Litowitz Berger & Grossmann
"Our attorneys are experienced trial lawyers who are prepared to take every case through to trial."Hourly Rates Rocket Higher, as Elite Firms Leverage Pricing Power
Legal departments are facing unprecedented financial pressure. "But when it comes to high-value work, they are willing to pay top dollar," said Owen Burman, managing director of the Wells Fargo Legal Specialty Group.DC Law Firms 'Underperformed' in First Half of 2024
Among D.C.-based firms, revenue was up 5.6% in the first six months of 2024, falling below the 11.4% revenue growth the industry saw overall.Revenue Growth for Homegrown Texas Firms Trailed Industry in First Half of 2024
Demand also declined on average during the first six months of 2024 for the group of Texas firms that participated in the Wells Fargo Legal Specialty Group Six-Month 2024 Survey.View more book results for the query "Wells Fargo"
Second 50 Law Firms Are Trailing Elite Firms and Smaller Peers in Growth
Lower billing rates, more head count, and slowed collections, relative to the top 50, have all contributed to the Second 50's slower growth.As Associates Watch for Summer Bonuses, Timing Expectations Pushed Back
"If it doesn't happen this week, that doesn't mean that it won't happen at all," noted one Big Law associate recruiter.Elite Law Firms Pushed Industry Gains in First Half of 2024
The growth in "rack" billing rates remains the "primary contributor" to revenue growth and "was considerably higher for the Am Law 1-50 (10%) than for the other tiers, said Wells Fargo in its first-half report.Am Law 50 Law Firms 'Outpacing' the Industry More in 2024, as Segmentation Accelerates
"It is a bit of a vicious cycle for the rest of the industry to observe. It allows these elite firms to continue to pull away, as long as they continue to focus on those higher client value opportunities," noted one industry consultant.CPLR 5704 Is a Powerful, but Poorly-Defined, Tool That Highlights Department Differences
CPLR Section 5704 ("Review of ex parte orders") provides an avenue for Appellate Division review of such a refusal to sign an order to show cause. Unfortunately, however, New York courts have yet to provide clear guidance on when such applications will or will not be granted.Trending Stories
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