According to ALM Media (Jun-22) equity partnership ranks across law firms remained mostly flat in 2021, despite fantastic financial performances for many firms. The average equi...
According to data released by the Bureau of Labor Statistics the legal services sector added 600 jobs in May 2022 totaling 1,178,800. The job count includes lawyers, paralegals,...
According to the latest Thomson Reuters Institute’s survey, top concerns for law firms’ management are talent as well as environment, social and governance (ESG) matters. ...
Large law firms are increasingly setting up new business units and subsidiaries in the U.S, in part to compete with a growing number of alternative legal services providers. The...
According to the Thomson Reuters Institute’s latest Law Firm Financial Index, law firm profitability slowed in the first quarter of 2022. The index score hit its lowest poi...
In May 2022, Kirkland & Ellis, and Winston & Strawn announced they would open a new office in Miami, a sign the city’s appeal for large out-of-town law firms is on...
International law firms in Japan could have taken a big hit over the past two years when their Japanese clients, discouraged by COVID, put outbound M&A deals on hold. Howeve...
Analysts say it takes confidence to invest in a practice that’s not necessarily at its apex because the return on investment isn’t going to be as fast as some partne...
A new survey from information services company Wolters Kluwer shows that approximately half of U.S. corporate respondents polled anticipate an increased need for legal technolog...
Large U.S. banks reporting 1Q22 earnings thus far have diverged in performance based on business models. Although profits were down across the board compared to the very strong ...
