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Why Law Firms' Financial Success and Culture Are Inextricably Intertwined
Culture may not be quantifiable, like financial results are, but it's still closely related to a law firm's overall trajectory.
Early Reports: The 2021 Am Law 200 Financials
A collection of all The American Lawyer's reporting on how law firms fared in 2020, updated as we learn more.
Citing 'Temporary' Effects, Litigation-Heavy Munger Tolles Posts Revenue, Profit Dip
"Unlike some firms, we're not so focused on budget and financial goals and all of that," said Malcolm Heinicke, co-managing partner of the firm.
These Firms Steered Clear of Layoffs and Salary Cuts in 2020
"Our employees have been very grateful and appreciative and it's instilled a sense of loyalty," one firm leader said.
A PPP Loan and Flat Profits: Denver-Based Sherman & Howard Took Layoffs Off the Table
"There was no change in terms of how we approached associates or staff or otherwise. We're proud of that response," CEO Greg Densen said.
Dozens of Big Law Firms Received Millions in PPP Loan Funds
At least 45 law firms in the Am Law 200 received SBA loans this year.
What Firms Can Learn From the Great Recession as They Confront the Next Crisis
With the Great Recession in the rearview mirror, history offers some important lessons to the law firms in the Second Hundred as they attempt to navigate through a coronavirus-fueled recession.
Atlanta Firms Trade Elbow Room for Rising Revenues
In the last five years, seven Am Law 200 firms have ventured into Atlanta, but the crowding isn't slowing growth.
Aetna's Proposed Sale to CVS a Boon to Big Law
Davis Polk, Dechert, McDermott, Shearman & Sterling, Simpson Thacher and Weil, Gotshal & Manges have all snagged roles on CVS Health Corp.'s $69 billion mega-merger with U.S. insurance giant Aetna Inc.
Following 'Mansfield Rule' Popularity, Diversity Lab Touts 2 New Hackathons
Having successfully pushed law firms to adopt policies helping women rise in the ranks of Big Law, the Diversity Lab has planned another initiative next year that hopes to enlist 88 law firms and in-house legal departments.TRENDING STORIES
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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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