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Largest Firms Continue Growing Market Share, as Hourly Rates Break Records
Risk-averse corporate legal departments view the potential hazards of switching from a trusted outside counsel as too great, according to Kris Satkunas, director of strategic consulting at CounselLink.
As Equity Tiers Shrink, Big Law Grows Leverage
While some law firms may have increased leverage to boost profitability, firms may also change leverage because they need more associates to assist with complex cases, noted a law firm consultant.
A Safe Bet? Lateral Hiring and Gambling on a Firm's Future
Lateral hiring is risky business. The Global Lawyer asks, is the gamble worth it?
Law.com Reader's Poll: Are Generational Divides Affecting Law Firms?
Law.com wants to hear from you about how these divides are affecting law firm operations, employee communication, expectations, and law firm culture.
Law Firms Seek Out 'Money-Generating' Partner Moves Amid Big Law's Arms Race
Even though partner moves were down year-over-year, Decipher noted that law firms last year figured out one of the fastest ways to grow: buying partners with books of business.
Law Journal Press | Digital Book
District of Columbia Legal Malpractice Law 2024
Authors: Shari L. Klevens, Alanna G. Clair
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Can You Be a Diligent Parent And an Equity Partner?
The Global Lawyer: Gender diversity progress at the equity partnership level has ground to a halt and long-term targets are not working—probably because the system discriminates against primary careers.
At 18%, Law Firm Associate Attrition Rate Continues 2-Year Decline
"Starting with the pandemic years we saw high levels of attrition, and we're starting to see those attrition levels start to revert to what we saw pre-pandemic," said Jennifer Mandery, vice president for research at the NALP Foundation.
Dentons Ex-US Leader McNamara Exits Partnership for CEO Role at Industry Advisory Shop
Mike McNamara is now an equity partner as well as the first CEO at Baretz + Brunelle. He stepped down as the leader of Dentons U.S. in July 2021.
Lawyers Say Technology Improves Employee Satisfaction. So Why Are Firms Slow to Modernize?
Intapp's 2024 Technology Perceptions Report found that a minority of lawyers consider their law firms tech-savvy, while many claim they don't use AI in their day-to-day jobs.TRENDING STORIES
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Revenue, Profit, Cash: Managing Law Firms for Success
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Law Firm Operational Considerations for the Corporate Transparency Act
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The Ultimate Guide to Remote Legal Work
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The Future of AI in Law
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