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April 18, 2024 | The American Lawyer

What It Means to be a Law Firm Partner Now

Instead of moving lawyers to the equity ranks, or keeping them as associates or counsel, there is a shift inside Big Law to make more lawyers salaried partners.
6 minute read
April 16, 2024 | The American Lawyer

Big Law's Big Realization?

Am Law 100 firms last year saw their lowest realization rates in five years: 80.93%, down from 82.2% in 2022 and 83.11% in 2021.
9 minute read
April 15, 2024 | The American Lawyer

Deal Watch: Freshfields, Fenwick, Simpson, Skadden Lead Megadeals as Geopolitical Concerns Muddy M&A Bounceback

Mega M&A deals continue to power the deal market recovery in 2024 while headwinds continue to multiply.
10 minute read
April 09, 2024 | The American Lawyer

An Early Look: The 2024 Am Law 200 Financials

This feed is continually updated. So bookmark it, check back regularly, and stay tuned for the Am Law 100 and Second Hundred reports coming soon.
17 minute read
March 28, 2024 | The American Lawyer

The Law Firm Disrupted: Are Big Law's Remote Lawyers a Vanishing Species?

New NALP figures show that the number of law firms willing to hire associates and partners in areas where they don't have offices is steadily declining.
5 minute read
March 26, 2024 | The American Lawyer

Nonequity Partner Growth Kicks Into High Gear

Several Am Law 100 firms grew their income partner ranks by double-digit percentages in 2023. Multiple factors are pushing firms to rapidly expand this tier of partners, observers say.
7 minute read
March 21, 2024 | The American Lawyer

The Law Firm Disrupted: As Reddit Goes Public, Big Law's Redditors Rail Against a Start Up

Two former Big Law associates wandered into r/Biglaw looking to recruit for their remote, tech-forward firm. They were not made to feel welcome.
5 minute read
March 20, 2024 | The American Lawyer

Tech Transactions Took a Beating the Last Two Years. But These Law Firms Are Staying the Course

Interviews with leaders at tech law firms don't indicate a shift in strategy. And despite all the layoffs, their financial results and trajectories in the rankings show how they are keeping pace in the industry.
10 minute read
March 19, 2024 | The American Lawyer

Despite Cuts, Fenwick Sees Revenue Growth and Remains Bullish on Tech Business Bounceback

"Some uncertainty remains. But it will come back, and come back stronger," said firm chair Richard Dickson about the firm's scope of work. "We just don't know exactly when."
5 minute read
March 18, 2024 | The American Lawyer

In Another Round of Layoffs, BCLP Cuts 50 Roles Across US And UK Offices

"We are conducting a small and targeted restructuring in selected areas of the firm to manage costs and shape our size and capabilities to practice demand," a firm spokesperson confirmed.
2 minute read

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