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International Edition

The 2024 Global 200: The Year Law Firms Had to Get Smart (And Ruthless)

Despite a 10-year low for worldwide M&A activity profit per equity partner at the top firms grew by 12.4%, as they pruned their equity ranks and closed offices.
8 minute read

International Edition

Chinese Law Firms Are in Trouble as Downward Spiral Show No Signs of Easing

More than half of the firms that make up the China 45 have seen gross revenue decline in 2023.
8 minute read

International Edition

The 2024 Global 100 Ranked by Profits Per Equity Partner

The 100 largest law firms in the world saw profit increase following a decline the previous year.
3 minute read

International Edition

Keystone Enjoys Strong First-Half Growth of 8.3%

The firm said it remained confident for the rest of the year despite U.K. economic challenges and the recent change in government introducing an element of uncertainty.
2 minute read

International Edition

UK Top 50 Ranked By Revenue Per Lawyer

The average RPL among the U.K.'s top 50 law firms has stayed reasonably flat over the past few years since the pandemic.
2 minute read

Pro Mid Market

Facing Increasing Overhead, Midsize Firms Embrace Rate Hikes, Expense Management

"Our size constrains how comfortable we are raising our rates. I don't want to raise rates more than 4 or 5%, because our clients come to us because we offer something different than those big firms," said Obermayer Rebmann Maxwell & Hippel chairman David Nasatir.
6 minute read

International Edition

'Shocking, Distasteful…' A&O Shearman Lawyers Slam Johannesburg Office Closure

Lawyers were gearing up to celebrate their 10th anniversary in South Africa and had just signed a lease for new office space.
6 minute read

International Edition

UK Top 50 Ranked By Profit Per Equity Partner

PEP at the U.K.'s largest firms increased by nearly 13% in the last financial year, with a few notable performers.
1 minute read

International Edition

The UK Top 50 Ranked By Revenue: Big Rises Mask Slower Underlying Growth

Unlike revenue and PEP, average revenue per lawyer and profit per lawyer did not shoot up in the last financial year, but law firm leaders from the likes of Linklaters, HSF and Eversheds remain confident of good times ahead.
7 minute read

Law.com

The Week in Data Sept. 6: A Look at Legal Industry Trends by the Numbers

Catch up on this week's data and insights from across the Law.com Newsroom, including Law.com Pro Mid-Market's ranking of midsize firms by revenue.
1 minute read

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More from ALM

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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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