Law firms, on average, had 81 support staff full-time equivalents (FTEs) for every 1 lawyer in 2023, compared to 95 support staff FTEs for every 1 lawyer in...
6 months ago

As Global Law Firm Mergers Keep Coming, Will There Ever Be a New Swiss Verein? Herbert Smith Freehills and Kramer Levin eschewed the model for their upcoming...
1 month ago

The Thomson Reuters Institute's Law firm rates in 2024 report explores how rate performance so far in 2024 has doubled-down on the long-term trend of strong...
4 months ago

"Every single associate I'm talking to these days, one of the top five questions they ask me is, 'What is your policy on being able to work hybrid?'"
1 month ago

Why law firm leaders face a new reality and must adapt to thrive in a market reshaped by technology and client demands.
11 months ago

83 in the Am Law 100) announced a merger with Denver-based Sherman & Howard, effective Jan. 1. The combined firm would have revenue around $810 million for 2024...
1 month ago

A new report showing continued strong growth for law firms amid a resurgence in transactional practices and solid fundamentals in the second quarter of 2024.
5 months ago

Lawyers are expected to come to the office during normal business hours barring "extraordinary" circumstances, according to a recent update to the firm's...
1 week ago

Law firms rebounded into profitability in 2023 and seem to be on firmer ground, according to the Q4 2023 Law Firm Financial Index report.
11 months ago

The use of guaranteed compensation for laterals, in any form, is cyclical, based on the economic performance of firms and recruiting strategy.
2 months ago