The American Lawyer | Analysis
By Justin Henry | October 12, 2023
The percentage of firms that use "rewards and repercussions" to compel attorneys to meet billing deadlines is on the rise, to 89% in 2023 from 32% in 2017, according to data from consulting firm Harbor Global.
The American Lawyer | Analysis
By Justin Henry | October 12, 2023
While some large firms were quick to affirm support for Israel, others have yet to speak out or did so only after internal or public pressure.
The American Lawyer | Analysis
By Andrew Maloney | October 11, 2023
"We call it 'change slipping through the back of the sofa,'" Steven Manton, part of a group of senior pricing professionals, said. 'It's millions and millions across a large law firm, when you add it all up."
The American Lawyer | Analysis
By Andrew Maloney | October 9, 2023
Law firm leaders point to private equity deals related to home service installation, pest-control roll-ups, software companies and car washes that have generated work lately.
The American Lawyer | Analysis
By Justin Henry | September 29, 2023
As firms move partner pay systems away from favoring seniority toward favoring productivity, cultural challenges ensue.
The American Lawyer | Analysis
By Dan Roe | September 22, 2023
With no standardized method of rewarding origination outside the partnership at most Big Law firms, associates are hoping for a change that benefits them if they manage to land a new client or two.
The American Lawyer | Analysis
By Justin Henry | Christine Charnosky | Jessie Yount | September 15, 2023
In the traditional OCI process, everyone is provided with the same list of rules, one law firm's recruiting director said. "If you go outside of that process, how do you find out about the opportunities and learn the rules?"
By Greg Andrews | September 14, 2023
"There are more ways than ever to find information today. Just think about how you use the internet—you may look for recommendations on TikTok, Reddit or Instagram, find music and podcasts on Spotify, ask ChatGPT a question, or shop on Amazon," Google chief legal officer Kent Walker said in a blog post.
The American Lawyer | Analysis
By Patrick Smith | September 14, 2023
Several law firms have already seen significant departures in their business development, marketing and communications ranks.
The American Lawyer | Analysis
By Thomas Spigolon | September 7, 2023
"Law firms are different from other businesses—they just are," said Atlanta-based law firm consultant Alexa Ross. "Lawyers don't want to be told what to do and when to do it."
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