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Daily Business Review

Shutts & Bowen Reports Record Growth in 2016

Florida law firm Shutts & Bowen reported $69.25 million in total profits in fiscal year 2016, a record 11 percent increase, and is considering opening an eighth office in Jacksonville.
8 minute read

The American Lawyer

10 Years Out, Report Says Recession's Impact on Firms Is Clear

Law firms are feeling increased pricing pressure from their clients, according to a report released Thursday but the Georgetown University Law Center and Thomson Reuters' Peer Monitor. How law firm leaders address it will separate the top firms from all the rest.
14 minute read

The American Lawyer

Report: Firm Leaders Showing More Economic Confidence in 2017

Law firm leaders showed tepid confidence that important metrics like demand and revenue would grow in 2017, according to a survey conducted by Citi Private Bank's law firm group. But there are some positive indicators.
6 minute read

The American Lawyer

The Five Strategies of Highly Successful Firms

The most profitable firms have several traits in common. How does yours compare?

55 minute read

The American Lawyer

The Profitability Quick Fix That Isn't

To boost profits, some large firms have cut equity partners and grown their nonequity ranks. They're misguided. Firms trying to boost profits per equity partner by increasing the ranks of nonequity partners should focus instead on growing revenue.
25 minute read

New Jersey Law Journal

Tips for Law Firms' Year-End Cash Grab—And How to Avoid It

Still staring down that pile of unpaid client invoices? It's late in the game for the annual year-end collections push, but that doesn't mean that you should throw in the towel and give in to the eggnog.
15 minute read

Texas Lawyer

Susman Godfrey Touts Top-End Associate Bonuses

The Houston-based litigation boutique is doing its part this month in showing that many things are bigger in Texas, such as associate bonuses.
8 minute read

The Legal Intelligencer

Pa. Firms Acquiring and Firing in Effort to Find Financial Success

Editor's note: This article originally appeared in PaLaw 2016 magazine, The Legal's annual report on the legal profession.
25 minute read

The American Lawyer

Susman's Santa: Bonuses Up to $140K and Designer CanapÉs!

Houston-based Susman Godfrey doesn't do things in understated ways—not in the way it throws a party or the way it pays its associates.
8 minute read

The American Lawyer

Crowell & Moring and Herrick, Feinstein in Tie-Up Talks

Washington, D.C.-based Crowell & Moring and New York-based Herrick Feinstein have signed a term sheet as part of advanced merger talks, sources said Tuesday. The proposed union would create a 570-lawyer firm with $478 million in gross revenue, while significantly boosting Crowell & Moring's position in the New York market.
14 minute read

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