The American Lawyer | Analysis|News
By Amanda O'Brien | April 9, 2024
Smaller firms in particular struggle with handling younger attorneys "more keen" on leadership positions, according to executive coach and strategic adviser Gwen Mellor Romans.
By Trudy Knockless | April 9, 2024
Labor and employment class actions accounted for 43.4% of legal departments' class action matters in 2023, an increase of nearly 10 percentage points from a year earlier, the newly released Carlton Fields Class Action Survey found.
By Maria Dinzeo | April 9, 2024
"That's what's most important to think about: What will this change about business models?" said Alysa Hutnik, a senior executive at the privacy software firm Ketch.
National Law Journal | Analysis
By Abigail Adcox | April 5, 2024
Law firms may face business risks if a single client's bills make up more than 5% of a firm's total revenue, some consultants suggest, while others say the threshold would have to be much higher.
By Greg Andrews | April 3, 2024
SEC disclosure rules forced Meta to throw the spotlight on what it paid Wilmer. The same rules led Blackstone to reveal what it paid Kirkland, and TDS to disclose what it paid Sidley.
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.
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