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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

Daily Report Online

Adams and Reese Sees Revenue, Profits Rise Sharply

The firm increased its realization rate, from 105% in 2022 to 109% last year.
5 minute read

The American Lawyer

'One Firm' or Separate Entities? Vereins' Growth Bumps Into Conflicts, Liability Concerns

A ruling from an Illinois appellate court has put Baker McKenzie's structure under scrutiny, two years after Dentons was saddled with a $32 million malpractice verdict that also implicated the firm's verein status.
8 minute read

The American Lawyer

Have Transactional Demand Levels Slowed Lateral Partner Hiring?

Partner lateral moves fell in 2023 but remained robust, according to data from Law.com Compass. And it's still a fragmented industry, including in lateral hiring.
8 minute read

The American Lawyer

Latest Big Law Layoffs Illustrate Inconsistency in Market as Some 'Still Haven't Seen That Bounce Back'

"Our talent levels became misaligned with our existing and projected client demand, particularly in our large transactional practices. I take responsibility for this and am truly sorry that those decisions have led to a significant impact on our people today," said Fenwick & West's chair.
4 minute read

New York Law Journal

Long Island Midmarket Firm Announces New Managing Partner, Leadership Structure

The announcement from Long Island-based Moritt Hock comes during a period of high turnover in leadership positions at a number of Am Law 200 firms.
2 minute read

The American Lawyer

Will We See You? Join Law.com Pro Editors and Analysts at Legalweek NYC For Sessions Geared Toward Law Firm Strategy

Let's meet up in person Jan. 31 to dive into the future of law firm management. Come ready with questions for our experts as we bring Law.com Pro to life at Legalweek NYC.
4 minute read

The Legal Intelligencer

People in the News—Jan. 25, 2024—Flaster Greenberg, Brahin

Flaster Greenberg, a midsize commercial law firm, announced two new members of its board of directors as of Jan. 1: Adam Gersh and Tami Bogutz Steinberg.
4 minute read

Legaltech News

Legal Tech's Predictions for the Business of Law in 2024

Legal industry experts give their predictions for what how we can expect to see the business of law disrupted in 2024.
11 minute read

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