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Taking on the Big Three Legal Research Providers
Two startups are targeting the lucrative and highly concentrated online legal research business.
Four Legal Trends Worth Watching
Seeing opportunities in the legal marketplace, companies are jumping into the breach.
Cost Recovery Bedevils Law Librarians, Survey Finds
Firms may soon be forced to throw in the towel on recouping online research costs, our annual librarians survey suggests.
Wasserstein & Co. Buys Back ALM Media
Nearly seven years after selling ALM Media Properties to private equity-owned British publisher Incisive Media for $630 million, the investment arm of late attorney and financier Bruce Wasserstein is leading a group that has agreed to acquire the legal publishing giant.
Simpson, Munger, Latham Help Lawyers.com Find New Home
The three firms are advising on the $1.1 billion sale of Internet Brands—owner of websites like Lawyers.com and CarsDirect.com—from Hellman & Friedman and JMI Equity to private equity rival KKR.
Law Libraries: The Last Refuge for Print?
Despite the advantages of e-books, most law libraries remain tied to printed material. What's holding them back?
Wells Fargo Survey: Sluggish Growth for Firms in 2013
Echoing the findings of similar study issued a day earlier, a year-end survey from Wells Fargo Private Bank's Legal Specialty Group found that the legal industry experienced lackluster growth last year, with gross revenues at some of the nation's largest firms increasing by just 2.2 percent on average and net income up by only 1.6 percent.
Is Reliance on Lateral Hiring Destabilizing Firms?
More than ever, firms look to laterals to boost profitability. But the data shows that it's not working.
Study: Law Firms Shouldn't Chase Growth Just to Grow
Georgetown Law's Center for the Study of the Legal Profession suggests in a recently released report that law firms don't do enough strategic thinking when considering whether to execute mergers.
Wells Fargo: 2013's Growth Continues at Anemic Pace
Financial results from the first nine months of the year did little to buoy what had already started off as a weak 2013 for the legal industry, with revenue rising slightly and demand lagging, according to an analysis conducted by Wells Fargo Private Bank's Legal Specialty Group.TRENDING STORIES
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Resources
Corporate Transparency Act Resource Kit
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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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