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International Edition

Alternative Fee Arrangements Gaining Popularity in Australia Amid Economic Downturn

Australian firms are also cutting costs and increasing their fees.
2 minute read

International Edition

Brazil's Mattos Filho Posts Steady Revenue in 2023

Dry capital markets and accounting scandals slowed activity in Latin America's largest economy last year.
2 minute read

International Edition

UK Top 50 Firms See Cash Balances Plummet

Evelyn Partners said that firms are grappling with 'increasing people costs, high energy prices and the need to invest in information technology, especially cyber security'.
2 minute read

The American Lawyer

Largest Law Firms Increase Partner Pay Spread, as Comp Models Hit 'Inflection Point'

The Am Law 100 upped its average equity partner pay spread from 9.8-to-1 in 2022 to 10.3-to-1 in 2023, according to a sample of firms' data.
7 minute read

The American Lawyer

Focusing on Expense Management, Katten Grew Revenue by 5.2%, PEP by 9.2% in 2023

CEO Noah Heller said revenue growth also resulted from strong demand in practices including insolvency and restructuring, private wealth, structured finance, and private credit, and, in the second half of the year, litigation.
6 minute read

The American Lawyer

What Does Big Law Stand to Gain From Slow AI Adoption?

Observers in the legal tech industry speculate that firms' caution stems from a commitment to a profitability model dependent on high leverage and hourly billing.
8 minute read

The American Lawyer

Once 'Unheard Of,' $20M Partner Pay Becomes Standard to Meet at Davis Polk, Simpson Thacher

"The market is the reality and you have to live in that reality. You can't have your head in the sand," said industry expert Peter Zeughauser.
5 minute read

The American Lawyer

'Mission Critical': Big Law Firms Prioritize Right C-Suite Talent

Several C-suite roles were filled in the last few months amid high demand for the right talent in firms' business ranks.
4 minute read

Texas Lawyer

Q1 Results Suggest Texas Law Firms On Track for a Strong 2024

With revenue growth accelerating, homegrown Texas firms, which have a good handle on managing expenses, are on track for a strong 2024, according to regional findings in a Citi Q1 Flash Report.
4 minute read

The American Lawyer

The Back-Office Back Door to Nonlawyer Investment in Law Firms

Private equity-backed Briefly, which has acquired the back-office assets and personnel from distributed firms OGC, Scale and Rimon, offers one example. Federate, founded by a former Rimon leader, looks to do something similar with funding from legal industry insiders.
10 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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