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The American Lawyer

Setting Partner Comp: Are Law Firms Now Too 'Short-Term Focused'?

"People are less patient than they have ever been before. People want to be awarded now," noted one consultant.
4 minute read

Law.com

The Law Firm Disrupted: Playing the Talent Game to Win

"You want to be part of a winning team," one former Big Law CEO said. "It's very important in legal, maybe more so than other professions. As a leader, you need to be very attentive to that."
5 minute read

International Edition

Australian Firms Gear Up in Canberra to Win Government Work

The Australian government has become a steady and reliable source of work, lawyers say.
5 minute read

The Recorder

'No Holds Barred': Why Alston & Bird Is Leaning Into Los Angeles

Alston wants to grow its new Century City office to the same as its DTLA footprint: "I'd like equal weight on both sides of town," LA partner in charge Jeff Rosenfeld said.
7 minute read

Law.com

Top 5 Strategies for Managing the End-of-Year Collections Frenzy

End of year collections are crucial for law firms because they allow them to maximize their revenue for the year, impacting profitability, partner distributions and bonus calculations by ensuring outstanding invoices are paid before the year closes, which is especially important for meeting financial targets and managing cash flow throughout the firm.
6 minute read

Pro Mid Market

North Carolina's Brooks Pierce Elects New Managing Partner

Veteran commercial litigator James "Jimmy" Adams will take office Feb. 1, 2025.
4 minute read

The American Lawyer

Cleary Creates Nonequity Partner Tier, Calling for 'Innovation and Adaptation'

"We are not doing it to create a different leverage model within the firm," said managing partner Michael Gerstenzang. "We are doing it to create more opportunities in promotion and development."
5 minute read

International Edition

A&O Shearman Hires Knowledge and Innovation Lead from Pérez-Llorca

Marisa Delgado was head of Pérez-Llorca's knowledge management department and helped oversee the adoption of Swedish generative AI tool Leya.
2 minute read

International Edition

Are Law Firms Themselves to Blame When a Client Refuses to Pay?

With law firms facing longer debtor days and having to take clients to court over unpaid bills, in-house counsel and partners explain what firms can do to address what many call a system in dire need of an overhaul.
6 minute read

International Edition

Jones Day Expands European Footprint with Global Disputes Partner in Madrid

Pablo Doñate Gazapo de Badiola joins Jones Day Madrid, boosting its growing global disputes practice amid rising legal complexities in European litigation and arbitration.
2 minute read

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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