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Elite Firms Revisit Comp Formulas as Star Talent Has 'Extraordinary Leverage'
As firms move partner pay systems away from favoring seniority toward favoring productivity, cultural challenges ensue.
From Bitters to Improv, Lawyers With 'Side Hustles' Navigate Both Risks and Rewards
"Don't take yourself too seriously, and if there is something you love, do it," said Alan Barinholtz.
The Year the Global 200 Law Firms Returned to Earth With a Bump
This year's rankings show a challenged set of results across the board, with one leader saying: 'I don't think there's ever been a period that has been so 'hot, and then cooled down so quickly'.
Facing Falling Profits, Cahill Seeks to Adjust Amid Drop in Leveraged Finance Market
This slowdown "is the longest since leveraged finance has been around," said Cahill executive committee co-chair William Hartnett.
What Law Firms Can Do to Upgrade Their 'Zoom Associates'
Communication, clear expectations, frequent meetings and giving associates a venue to "flex different muscles" can help address any skill gaps.
Law Journal Press | Digital Book
District of Columbia Legal Malpractice Law 2024
Authors: Shari L. Klevens, Alanna G. Clair
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Partners Are Frustrated With 'Zoom Associates.' But Will Threatening Their Bonuses Change That?
Consultants and partners have bluntly described some younger associates as "lacking accountability and initiative." But surveys suggest younger lawyers and aspiring lawyers are more varied in their motivations than earlier generations.
White & Case Private Credit Partner Returns to Proskauer
As private credit continues to grow, Jessica Shearer's "skill set will be an asset to the continued growth of our group and that of our clients," said Proskauer's Mike Mezzacappa.
Types of CMOs: The Right Person in This Role Is Essential
This series of articles is meant to start the conversation among firm management about how to identify the person with the right skillset for this mission critical position.
Wilson Elser Adds in Indiana, as Second Hundred Firms Continue Expansion
The No. 107-ranked firm by revenue announced this week that its clients wanted an expansion in the Midwest.
How the Billable Hour, Among Other Factors, Pushes Women Out of the Legal Profession
In this week's episode, Elizabeth Manno, partner at Venable and co-chair of the National Association of Women Lawyers research committee, discusses some of the issues attorneys have pointed to that could explain the steady and significant attrition of women from law firms relative to the number of women entering the profession as associates.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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