National Law Journal | Analysis
By Abigail Adcox | March 29, 2024
"We had another very good year, particularly given the sort of uncertainties around the economic environment," chairman Robert Sartin said in an interview.
By Chris O'Malley | March 28, 2024
The Department of Labor fined Morristown, Tennessee-based Tuff Torq $296,951 and secured a court order requiring it to disgorge $1.5 million—a month of profits—after a January inspection found 10 illegally employed children as young as 14 subjected to "oppressive" conditions.
The American Lawyer | Analysis
By Justin Henry | March 27, 2024
The firm has shaken up its C-suite, revamped its staffing ratio, and installed new management software. It succeeded in luring back one client that had publicly severed the relationship after the release of emails containing derogatory language from former employment practice leaders.
By Abigail Adcox | March 26, 2024
Hanson Bridgett, Stoel Rives and Procopio all had gross revenue or profit increases last year, while declines in their equity partnerships helped to boost PEP.
The American Lawyer | Analysis
By Justin Henry | March 26, 2024
While Latham has been gradually expanding its bonus pool, other firms have reallocated the value of share points to reach similar ends.
The American Lawyer | Analysis
By Dan Roe | March 25, 2024
While a few firms attributed declining realization to market factors, the majority are gladly exchanging lower realization for strong rate increases.
By Cassandre Coyer | March 21, 2024
The SEC issued its first two official charges against companies' "AI washing" practices on March 18, which sources expect to be "only the beginning."
By Chris O'Malley | March 19, 2024
"I think there is a point that they become so large that they encourage executives to take the deal, regardless of whether it is in the best interests of the shareholders," said Cindy Schipani, a professor of business law at the University of Michigan.
By Alexander Lugo | March 15, 2024
Davis Wright Tremaine managing partner Scott MacCormack's abrupt resignation from his leadership role illustrates the growing pressures on what one observer called "easily the most difficult job at the firm."
The American Lawyer | Analysis
By Dan Roe | March 15, 2024
Diversified practice areas and geographies continue to prove fruitful for the global law firm.
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