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April 18, 2023 | The American Lawyer

Can Rates Make Up for Expense Growth Much Longer?

Rates and expenses have a limited window to rise in unison before law firms have to turn to innovation.
8 minute read
April 07, 2023 | The American Lawyer

Will Morgan & Morgan's 'Not One Inch' Approach Spark a Courtroom Backlash?

"Bottom line is you're going to get in a lot of trouble if you do this and no lawyer should be following Morgan & Morgan," said Bob Jarvis, a Nova Southeastern University College of Law professor.
4 minute read
April 07, 2023 | The American Lawyer

'I'm Aghast': Viral Paul Hastings Presentation Garners Strong In-House Reaction

"As an in-house attorney, I don't need you to move mountains like a soulless drone," said Matt Margolis, head of community at Lawtrades. "All I care about is results and working collegially with my counsel."
8 minute read
March 31, 2023 | The American Lawyer

Miami Lawyer John Ruiz Plowed Roughly $1 Million Into Hurricanes' Final Four Run

The plaintiffs lawyer and LifeWallet CEO has deals with more than 160 student athletes.
4 minute read
March 30, 2023 | The American Lawyer

What $1,000 an Hour Gets You in the Am Law 200 Today

Second-year associates and 19th-year partners share the same billing rate in recent bankruptcy filings.
3 minute read
Law Journal Press | Digital Book Texas Personal Automobile Insurance Policy 2020 Authors: Janet K. Colaneri, Bret Weatherford View this Book

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March 08, 2023 | The American Lawyer

Wilson Sonsini Hires Up in Tech and Life Sciences, Despite 9.5% Drop in PEP

Wilson Sonsini's profits per equity partner fell 9.5% as the firm bulked up its lawyer head count to 1,045 lawyers including 266 partners. Revenue grew 1.3% to $1.35 billion in 2022.
5 minute read
February 24, 2023 | The American Lawyer

To Ballard Spahr Leaders, Flat Profits Prove 2021 Repeatable, If Not Improvable

"Going into 2022, the test we thought we were going to see is, 'Is this a sustainable number?'" chair Mark Stewart said of revenue that jumped by double digits the previous year. "We saw modest growth, but we answered the critical question, 'Yes, this is where we are.'"
6 minute read
January 26, 2023 | The American Lawyer

Before Layoffs, Look to Collections

Advisers at Lotis Blue Consulting and Estrada Consulting share a series of tips on how firms can get more out of their collections process—possibly avoiding layoffs as a result.
9 minute read
December 07, 2022 | The American Lawyer

Cooley Skirts WARN Act, Offers Severance Packages Benefiting Junior Associates Over Seniors and Staff

The law firm offered three months of severance pay to all associates and a minimum of one month for staff after laying off a combined 150 employees earlier this month.
5 minute read
November 30, 2022 | The American Lawyer

Cooley Lays Off Attorneys and Staff, Taking 'Painful' Steps to Address Overcapacity

A majority of the lawyers affected are associates, along with a few counsel, said a person familiar with the cuts. No partners were laid off.
4 minute read

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