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The American Lawyer

When Will Disruption Hit the Legal Industry?

Spoiler alert: it's already here. What current data portends for the next economic downturn.
14 minute read

The American Lawyer

World's First Publicly Traded Law Firm to Split Its Business

The troubled U.K. business of Australia-based Slater & Gordon, which became the world's first publicly traded law firm a decade ago, will be divided from its parent into a holding company owned by the indebted firm's senior lenders.
3 minute read

The American Lawyer

How Many Excess Partners Does Your Firm Have?

Strategist Hugh Simons lays out how many excess partners reside in the Am Law 200 and what that means at the next economic downturn.
9 minute read

The American Lawyer

Anglo-Canadian Legal Giant Unveils First-Ever Combined Financials

Gowling WLG, a roughly 1,400-lawyer firm formed last year following a cross-border combination between British firm Wragge Lawrence Graham & Co and Canadian firm Gowling Lafleur Henderson, earned enough during fiscal 2016-17 to make The Am Law 100 list if it was eligible. The firm does not have an office in the U.S.
6 minute read

The Legal Intelligencer

Demand in First Half of 2017 Breeds Optimism for Phila. Region

Things are looking up for law firms in the Philadelphia region, if financial data from the first half of 2017 is any indicator.
3 minute read

The American Lawyer

Standing at the Crossroads of Legal Innovation

The law firm business model of the past is under attack. Slowly, private legal is responding with things like developing knowledge management systems, establishing jobs for data analysts who can establish pricing of services and beginning to look at ways to outline workflows and processes. Unfortunately, corporate clients are impatient and are beginning to push harder for improved efficiency and increased speed of service delivery.
9 minute read

The American Lawyer

First Half Financials Surprise on Strength of Biggest, Most Profitable Firms

Joining a crowd of positive reports on law firms' first half financial performance, Wells Fargo Private Bank said Tuesday that the first half of 2017 was a surprising financial success for law firms, largely thanks to the performance of the largest and most profitable among them.
3 minute read

Legaltech News

What Do Team Size, Marketing Initiatives and Industry Expertise Equal? At DLA Piper, Client Retention

DLA Piper's marketing team revealed the inner workings of its massive client retention data analysis program at ILTACON 2017.
66 minute read

The American Lawyer

Is Change Now Unstoppable for Law Firm Billing?

New billing models are about to sweep the industry, according to one law firm leader who says alternative fees helped catapult his firm onto The Am Law 200 just 14 years after he founded it.
2 minute read

The American Lawyer

Smaller Firms' Message to Big Law on Alternative Fees: Join the Club

For many firms, anxieties about alternative fees highlight a billable hour-based business model they've already left behind.
5 minute read

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