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By Jessie Yount | April 24, 2023
Holding lawyers back or not promoting them with the rest of their class year is undoubtedly a cost-cutting measure. But it's a less aggressive approach than layoffs.
5 minute read
By ALM Staff | April 18, 2023
Profit per lawyer saw the steepest decline of any metric across the Am Law 100 amid a confluence of market factors that made firms less profitable.
1 minute read
By ALM Staff | April 18, 2023
Compensation for all partners, which includes firms' equity and nonequity tiers, decreased at a higher rate than profits to equity partners.
1 minute read
By Hyeon Jin Kim | April 18, 2023
A closer look at the numbers that mattered most for the Am Law 100—in visual form.
1 minute read
By ALM Staff | April 18, 2023
While still well above historical norms, equity partners at the 100 largest law firms in the country brought home less, on average, in 2022 than they did in 2021.
1 minute read
By Dan Roe | April 7, 2023
With less than half of its 2018 head count, Boies Schiller is running lean and sitting on a pile of lucrative cases.
5 minute read
By Dan Roe | April 6, 2023
The Denver-headquartered firm followed up a banner year in 2021 with even more revenue and profits in 2022.
4 minute read
By Adolfo Pesquera | March 30, 2023
"Only when those sanctions did not result in compliance and ... appellants and Sternberg flouted the trial court's order did the court impose the $10,000 sanctions and the per-day sanctions," the Third District Court of Appeals wrote.
4 minute read
By Dan Roe | March 30, 2023
Second-year associates and 19th-year partners share the same billing rate in recent bankruptcy filings.
3 minute read
By Justin Henry | March 28, 2023
"At some point, [Big Law] decided they didn't want to do the day-to-day work of corporations, just bet-the-company type stuff," Wendy Bernero, chief growth officer of software provider Page Vault, said at a LegalWeek panel on the state of mid-market firms. "The gift they gave to middle-market firms was the day-to-day work."
5 minute read
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