Following 2021’s record-setting pace of initial public offerings (IPOs) priced on U.S. exchanges, IPO activity dropped sharply in the first half of 2022. According to FactSet data,...
The National Federation of Independent Business (NFIB) said its Small Business Optimism Index fell 3.6 points in June 2022 to 89.5, the lowest level since January 2013. 34% of owne...
Law firm mergers and acquisitions have accelerated in 2022. As of July 1, Law360 Pulse tracked 52 law firm combination announcements involving at least one U.S.-based law firm. The...
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 equity ...
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, an...
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. Tal...
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. These ...
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 point ...
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 th...
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. However, ...
