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The American Lawyer

Ballooning Nonequity Partnerships Are Boosting Leverage, But Will They Raise Profits?

For the first time, law firms added nearly as many nonequity partners as they did associates.
6 minute read

Legaltech News

Winston & Strawn Launches Winston Legal Solutions, a Tech-Powered, Right-Staffing Venture for Low-Complexity Work

Winston Legal Solutions aims to address client cost concerns by providing an alternative to the outsourced legal provider marketplace that combines firm-trained attorneys, established processes, advanced technology and generative AI tools.
5 minute read

The American Lawyer

With Merger Near, A&O and Shearman Retain McKinsey, KPMG

The firms said they turned to the business consultants for advice ranging "from operational integration through to ways of working."
4 minute read

Law.com

The Law Firm Disrupted: Are Big Law's Remote Lawyers a Vanishing Species?

New NALP figures show that the number of law firms willing to hire associates and partners in areas where they don't have offices is steadily declining.
5 minute read

The Legal Intelligencer

Welcoming New Chair, Ballard Spahr Boasts Steady Revenue Alongside PEP Dip

"We outperformed in M&A," said Peter Michaud. "We have done that historically, where when the market sees a downturn in M&A, we'll still do well."
6 minute read

Legaltech News

Being Fully Virtual 'a Huge Selling Point' in Talent Market: A Conversation With Foundation Law Group

Armen Martin, the CEO and co-founder of virtual law firm Foundation Law Group said that, while he understands traditional law firms' concerns about the hybrid or virtual models, there are some advantages to both lawyers and clients.
6 minute read

National Law Journal

Baker McKenzie Sues IRS for Details on Plans to Crackdown on Partnerships

"Because I represent taxpayers examined by the IRS, I have a compelling need to understand how the IRS plans to impose on my clients so that I can effectively advise them and protect their rights," Baker McKenzie partner George Clarke said in a previous Freedom of Information Act request.
3 minute read

The Legal Intelligencer

Ensuring Profitable Growth for Your Midsize Firm in a High-Rate Environment

At Kleinbard, we understand that the best way to secure profitable, sustainable growth is not adding headcount willy-nilly in the hopes it will produce more hours billed. Instead, we invest in new talent strategically by seeking out attorneys who can strengthen already thriving practice areas.
6 minute read

Law.com

How I Made Partner: 'The More You Do Something, the Better You Get at It,' Says Phillip N. Smith Jr. of Weinberg Wheeler Hudgins Gunn & Dial

"Take initiative and attempt to think outside the box."
4 minute read

The American Lawyer

'Detached': Why Big Law May Rethink Its Focus on Productivity

Now, there may be even greater emphasis on the profitability of a practice, not just hours.
7 minute read

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