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The American Lawyer

Why Your Law Firm Isn't Anywhere Near As Profitable As You Think

Conventional metrics significantly overstate law firm profitability.
7 minute read

The Legal Intelligencer

Philadelphia Legal Rates Lowest Among Big Cities

Lawyers in the Philadelphia region charged the lowest average billing rate in the country, according to a legal trends report.
3 minute read

The American Lawyer

Hogan Lovells Sheds Staffers, Confirms Financial Reporting Tweaks

The Global 100 firm, which has changed the way it reports some of its financial results, is set to cut at least 40 from its U.S. business services ranks as a part of a voluntary retirement program.
5 minute read

The American Lawyer

Are Law Firms Charging Less or Just Making Less?

In a market where clients are struggling to deliver more legal services for less cost (the challenge), Richard Susskind said a law firm may be tempted to undercut its competition on price in hopes of winning more work.
4 minute read

Daily Business Review

What Do Lawyers Really Do With Their Time?

Lawyers spend only 2.3 hours of billable time for each eight-hour workday, according to the second annual Legal Trends Report, which was prepared and made public today by Clio.
4 minute read

The American Lawyer

China on the Rise

Outward investment by Chinese companies fueled local law firms' growth in 2016.
7 minute read

Texas Lawyer

Texas Hourly Legal Billing Rates Among Nation's Highest

The "real" hourly billing rate for lawyers in Texas is among the highest in the country, exceeded only by the rates in Nevada, Connecticut, Florida and Illinois, according to a new report on national legal trends released this week.
3 minute read

Texas Lawyer

Texas Hourly Legal Billing Rates Among Nation's Highest

Report: Only Nevada, Connecticut, Florida and Illinois had higher average "real" billing rates in 2016 that account for the state's cost of living.
3 minute read

The American Lawyer

China 40: Law Firms Ranked by Revenue Per Lawyer

This ranking details how firms stack up when it comes to the all important revenue per lawyer metric.
1 minute read

The American Lawyer

China 40: Firms Ranked by Most Revenue

Here are the 40 largest law firms in China based on gross revenue.
1 minute read

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