NEXT
Sign in to follow

The American Lawyer

'Smaller Group' of Law Firms May Match Associate Pay Scale This Time Around

Second Hundred law firm leaders said that, while they keep tabs on top-of-the-market compensation, they don't feel compelled by it.
6 minute read

The American Lawyer

Kirkland, Quinn, Davis Polk, Wachtell and Sidley Line Up to Match Cravath Salary Scale

Quinn Emanuel, which is matching the latest base salary scale and bonuses, is expecting profits to increase more than 20% this year.
5 minute read

The American Lawyer

Latham, Mayer Brown, Greenberg Traurig Lead 2023 Social Law Firm Index

While several law firms earned top recognition in their digital marketing, law firms overall are facing uncertainty over how to handle AI and X.
6 minute read

New York Law Journal

How Legal Finance Facilitates New Lawyering Combinations and Strengthens Old Ones

Legal finance is uniquely capable of enabling the integration of lateral lawyers or practice groups into firms by allowing lawyers to meld a firm's risk appetite with the client and case profiles new lawyers can bring to the party. For the same reasons, it's also uniquely suited to bridging emerging rifts in existing firms.
6 minute read

The Legal Intelligencer

Dechert Matches Wall Street Scale for Associate Base Comp

Other Am Law 50 firms with roots in Pennsylvania did not respond to inquiries about whether they'd also be raising associate salaries.
4 minute read

Daily Report Online

Even as Billing Rates Soared, Atlanta Law Firms See Slowdown in Revenue Growth

Atlanta law firms grew billing rates by an average of 9.5% in the first nine months of the year, compared with the industry's 7.9% growth, according to a Wells Fargo survey.
5 minute read

New York Law Journal

The Power and Peril of Big Law Contingency Practices

In recent years, law firms have taken on an increasing number of contingency cases—but doing so can be a gamble. Fee delays, risk of loss, soaring out-of-pocket costs and potentially going years without revenue are just a few of the risks. It can also lead to unusual volatility in firm revenue. So why are so many firms turning to litigation funding to mitigate these risks? This article examines the benefits and risks of litigation funding and addresses successful models in cost and risk sharing. It also compares how funding can be used successfully as a tool at different types of law firms.
8 minute read

International Edition

The Top Law Firms to Work For: The UK A-List, 2023

More than 80 of the largest firms operating in the UK were ranked by their revenue per lawyer, pro bono commitment, racial diversity and gender diversity to create this year's A-List.
4 minute read

International Edition

The Challenger Law Firm Which Puts Staff Before Clients

Happy staff mean happy clients, says Hamilton Locke managing partner Nick Humphrey, whose firm spent over A$1 million last year on staff development and training programs.
5 minute read

Daily Business Review

Slower Collections Hamper Revenue Growth In Fla. Law Firms As Year End Approaches

"They've done the work creating the value. Now they have to collect it, and that's what's going to drive that revenue figure up," said Owen Burman, a senior consultant at Wells Fargo.
3 minute read

TRENDING STORIES

Law Pro Logo

Featured Firms

Law Offices of Gary Martin Hays & Associates, P.C.

(470) 294-1674

Law Offices of Mark E. Salomone

(857) 444-6468

Smith & Hassler

(713) 739-1250

More from ALM

More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

Resources

  • Data Management and Analytics: The Key to Success for Legal Operations

    Brought to you by DiliTrust

    Download Now

  • Small Law Firm Playbook: The Expert's Guide to Getting the Most Out of Legal Software

    Brought to you by PracticePanther

    Download Now

  • Strong & Hanni Solves Storage Woes--Learn How You Can, Too

    Brought to you by Filevine

    Download Now

  • Meeting the Requirements of California's SB 553: Workplace Violence Prevention

    Brought to you by NAVEX Global

    Download Now