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International Edition

UK Top 50 Firm Furloughs 170 Staff 

The firm has also reduced partner payouts, delayed bonuses and halted pay-review processes.
2 minute read

International Edition

Hogan Lovells Furloughs European Staff, Freezes Recruitment, Defers Partner Profits

The firm is furloughing fewer than 30 members of staff in Europe.
3 minute read

The American Lawyer

Early Reports: The 2020 Am Law 100/200 Firm Financials

A collection of all our reporting on how law firms fared in 2019, updated continuously.
16 minute read

International Edition

Ashurst Cuts Staff Working Week, Reduces Partner Drawings, Furloughing Staff

"The health crisis we are seeing in the countries where we operate is unprecedented," says the firm's managing partner.
2 minute read

International Edition

How Do Partners Feel About COVID-Driven Pay Changes?

Despite the effects, many partners feel strongly that cutting drawings is the right thing to do.
4 minute read

National Law Journal

Wilmer Grows Profits Per Partner, Revenue Per Lawyer as Head Count Dips

The firm's profits per partner have doubled over the last decade, while head count continued a gradual slide last year. 
4 minute read

International Edition

Litigation Funders Thrive as Companies and Law Firms Seek Financing

In the unprecedented economic crisis brought on by the coronavirus, well-heeled companies and law firms are seeking to fortify their cash reserves and contain capital expenditures.
5 minute read

International Edition

Spanish Firm Raises €20M With Cash Call to Shore Up Finances

The firm said that the move will help it avoid using bank credit to get through the coronavirus crisis.
2 minute read

Pro Mid Market

Reset, Reinvent and Recover: Practical Ways To Adapt to a Changing World

Because the scope of COVID-19 is unprecedented and continues to change our world, many of us may have to pivot.
7 minute read

International Edition

Addleshaws and Simmons To Furlough Staff As More Firms Hold Back Profits

Simmons is also set to furlough staff while other firms including Bird & Bird and Womble Bond Dickinson have also taken measures.
3 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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