The American Lawyer | Analysis
By Charlotte Johnstone | January 25, 2024
Current and former firm personnel say that lawyers participating in the scheme could be limiting their partnership prospects as other industry commentators point to the policy's lack of flexibility.
The American Lawyer | Analysis|Best Practices
By Amanda O'Brien | January 23, 2024
A recent lawsuit and an ongoing trial highlight the challenges that supervisors face in delivering constructive criticism to underperforming attorneys.
By Hugo Guzman | January 22, 2024
Since the financial crisis of 2007-2008, "market power shifted decisively from law firms to the clients, rapidly moving from a sellers' to a buyers' market for legal services," a new report from Thomson Reuters and Georgetown Law says.
The American Lawyer | Analysis
By Kasvi Sehgal | January 22, 2024
Rivals, consultants and ex-Linklaters partners share views on the firm's recent US expansion and whether it could finally see the firm compete, or highlights a wider challenge facing UK-founded firms in the US.
The American Lawyer | Analysis
By Dan Roe | January 22, 2024
Slaughter and May recently formalized a reduced-hours trial, but American firms have typically reserved such accommodations for people with extenuating circumstances.
National Law Journal | Analysis|News
By Abigail Adcox | January 22, 2024
While not tracking origination credits may carry some risks, Covington partners argue the pay model is at the heart of the firm's team-based approach in client work and has helped in attracting laterals.
The American Lawyer | Analysis
By Patrick Smith | January 18, 2024
Private equity attorneys from leading law firms say creative dealmaking could meet pent-up demand to produce an uptick in deals.
The American Lawyer | Analysis
By Andrew Maloney | January 17, 2024
The majority of law firms believe write-offs will increase over the next year, even after many firms made these billing adjustments in 2023, according to new results of a survey of firm leaders.
The American Lawyer | Analysis
By Justin Henry | January 16, 2024
"It is so much easier to keep people happy when they can't see someone is making more than them even though they have more in originations," said Jeffrey Lowe, recounting the message he hears from firms with opaque compensation models.
The American Lawyer | Analysis
By Andrew Maloney | January 12, 2024
"People are just more willing to listen about the future and creating connections, than in previous years," noted one Am Law 200 leader.
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