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'Smaller Group' of Law Firms May Match Associate Pay Scale This Time Around
Second Hundred law firm leaders said that, while they keep tabs on top-of-the-market compensation, they don't feel compelled by it.
Wachtell Seeks Balance Between 'Continuity and Change'
The Wall Street firm may keep its same approach in firm operations for as long as possible, whether it's the firm's lockstep compensation system, partnership structure or practice-area focus.
How Sidley Austin Is Filling In Pandemic-Era Training Gaps
In this week's Legal Speak episode, Sidley's Dan Clivner and Sharon Flanagan share how the firm is leveraging its leadership and executive development model Built to Lead to ensure associates are not falling through the cracks.
Big Law's Approach to Billing Rate Hikes in 2024
"There's a lot of people trying to play a little bit of catch-up, and they'll run out of opportunity runway if there's a recession," said Mark Medice, a principal at LawVision and law firm consultant.
Why More Big Law Firms Are Outsourcing Associate Training
An increasing number of law firms are questioning whether senior associates and partners are the best people to train associates on foundational skills.
Law Journal Press | Digital Book
District of Columbia Legal Malpractice Law 2024
Authors: Shari L. Klevens, Alanna G. Clair
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Kirkland & Ellis Announces SideTrack, a Lawyer-Built Platform for Investment Funds Attorneys
Kirkland & Ellis partner James Desjardins said that having the tool be lawyer-built helped avoid common "translation" issues between vendors or other technology professionals and attorneys.
How Law Firms Are Still Losing Millions, Even After Hiring Pricing Specialists
"We call it 'change slipping through the back of the sofa,'" Steven Manton, part of a group of senior pricing professionals, said. 'It's millions and millions across a large law firm, when you add it all up."
'Self-Inflicted Damage' Becomes Driving Factor in Falling Law Firm Realization
"The decline in realization is happening even before the client is billed," analysts said in a new report analyzing billing rates.
Law Firm Mergers Kept Pace in Q3, as Partnerships Seek Geographic Edge
Firm combinations, often involving a California firm, kept pace in Q3 with 11 mergers, mirroring activity levels in Q2.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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