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The American Lawyer

Big Law Leader: 'Stay True to Foundational Principles'

Current trends—overpaying at the top, avoiding fundamental change, and allowing culture to take a back seat to money—do not constitute a recipe for long-term success.
4 minute read

New York Law Journal

Lockstep Compensation Isn't Just for the Most Elite Law Firms

"There's no fighting over the origination or billing status," noted one midsize firm leader about lockstep pay.
5 minute read

The American Lawyer

Few Big Law Firms With Single-Tier Partnerships Are Left. They Aren't Talking About It.

Some law firms with a single-tier partnership structure say they aren't moving away from it, at least for now. Still, many single-tier firms don't want to openly discuss their structure.
5 minute read

The American Lawyer

'We Need to Do a Much Better Job': Lewis Brisbois Held Onto Millions in Old Client Funds, Internal Memo Says

The details in an April 2023 memo to the firm's management committee echoed allegations from a recent lawsuit and a 2019 letter to California state labor authorities.
7 minute read

The American Lawyer

Dentons' Project Golden Spike Had Bold Ambitions. Did it Meet Them?

"They thought there was an opportunity to build out a Big Four model that could practice law in the U.S. and the pitch was going to good firms in smaller markets and asking them to join," said Indiana University Maurer School of Law professor Bill Henderson. "There was a shared service model that was quite coherent. That's the model. Time will tell if it works in practice."
5 minute read

The American Lawyer

Dentons' Project Golden Spike Reaches the End of the Line

The firm first announced its strategy for expansion in the U.S. in late 2019, via combinations with a firm in Pittsburgh and another in the Midwest. Three more followed, but the last addition was over three years ago.
4 minute read

The American Lawyer

The Goldilocks Solution to Law Firm Growth: Large Group Liftouts Prove 'Just Right'

Group hires are having a moment, as one-off laterals often fail to attract clients while whole-firm acquisitions carry significant risks.
6 minute read

The American Lawyer

Rimon Deepens Global Lending Practice With Group From Akin

Three partners who arrived from Akin in London and Washington in April and May were joined by two former colleagues.
3 minute read

The American Lawyer

Skadden Hires First Chief People Officer as More Law Firms Take Holistic Approach to Talent

Annemarie Crouch "will lead all aspects of the firm's people strategy for lawyers and business professionals," Skadden said.
3 minute read

The American Lawyer

Burns & Levinson in Merger Talks After Latest Round of Departures

The Boston-based midsize firm has lost more than one-third of its head count in recent months.
5 minute read

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