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Aided by Technology, Mergers and Lateral Movement Keep Momentum
A COVID-19 surge may have slowed office returns, but it hasn't quelled the momentum on Big Law mergers or lateral movement. Legal industry observers said the rise of the Delta variant and the return of virus mitigations across the country hasn't dampened expansion plans or put a lid on lawyers seeking new homes.
Even the Delta Variant Won't Sweep Away Law Firms' 2021 Windfall
"There's just been a whole lot of money pumped into the economy. Corporations have been sitting on a lot of capital," said one consultant.
Spencer Fane to Merge With Nashville-Based Bone McAllester
The desirability of Nashville as an area of expansion for companies and firms was cited as a factor in the deal.
Law Firms Outside Am Law 100 Elite Step Up in Recruiting Talent From Rivals
Second Hundred firms have poached talent from rivals and regional firms more frequently in 2021 in an effort to grow practice areas, increase profits and move up in the rankings.
Law Firms Monitor Delta Variant Spread, as Leaders Plan Office Return Policies
"It's almost a day-by-day or week-by-week analysis," said Michael Hammer, CEO of Dickinson Wright.
Law Journal Press | Digital Book
District of Columbia Legal Malpractice Law 2024
Authors: Shari L. Klevens, Alanna G. Clair
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Am Law Firms Get $210M in PPP Loans Forgiven
While 2020 ended strong, firm leaders and consultants said the loans were an important lifeline at a very uncertain time.
Show Me the Money: Big Law in Missouri Sees Profits Surge
Husch Blackwell, Shook Hardy and Polsinelli—all with roots in the Show-Me state—had profits per equity growth last year above 16%.
Top Firms Have Accelerated Growth, but Clients Could Seek Middle Ground in 2021
For firms outside the Am Law 50, billing rate pressure and clients divvying up work more systematically may provide growth opportunities in 2021.
As Merger Appetite Grows, Firms Focus on Matching Industries and Places
The increased focus on alignment between sector and geography is particularly noticeable with emerging tech hubs like Seattle, Boston, Texas and Salt Lake City.
Hire Up: The Week Big Law Built Boutiques, Broke New Ground
In the first week of February, Big Law partners in the lateral market made some bold moves.TRENDING STORIES
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