By Andrew Maloney | October 1, 2024
The firm's latest partner promotions are the first time the class has decreased year-over-year in at least the last eight years.
The American Lawyer | Analysis
By Mimi Lamarre | October 1, 2024
Some firm leaders say nonequity tiers can offer women and diverse lawyers earlier opportunities, while others say they've seen a lack of transparency and "moving goalposts."
By Charles Toutant | September 23, 2024
The attorney allegedly suggested that the $400,000 her firm had previously paid to its counsel be applied again, an idea the lawsuit termed "incredulous." In other words, counsel would continue to represent the attorneys in three cases, but would receive nothing on current bills of more than $400,000, the suit claims.
The American Lawyer | Analysis
By Andrew Maloney | September 20, 2024
Four law firm leaders were asked to select between associates based on law firm segment, practice area, office location, rates, hours billed and fees collected.
The American Lawyer | Analysis
By Andrew Maloney | September 20, 2024
Enforcing office policies this year could mean withholding a portion or percentage of a partner's draw or reducing bonus pool eligibility.
By Dan Packel | September 19, 2024
A former law firm CFO says firms should be committing 5% to 8% of their own revenue every year to fund their own cases.
The American Lawyer | Analysis
By Patrick Smith | September 18, 2024
Leaders of Paul Weiss, McDermott and Weil explain their firm's path to partnership approach—and the benefits from it.
The American Lawyer | Analysis
By Andrew Maloney | September 10, 2024
If you're outside the top 50, it's harder to grow through laterals without being dented by attrition of your own, industry analysts say.
The American Lawyer | Live Coverage|News
By Amanda O'Brien | September 5, 2024
The combined firm will be known as Troutman Pepper Locke.
The American Lawyer | Analysis
By Mimi Lamarre | September 3, 2024
"When partners see their peers are being treated that way by leadership, it typically results in less loyalty across the board," noted one recruiter about the effects of de-equitizations.
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