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12 May
Law firms are expanding certain practices, anticipating a recovery
Category: All, Law firms’ trends
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 partners ...
04 May
US corporations anticipate increased need for legal technology providers
Category: All, Law firms’ trends
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 technology a...
28 Apr
Large U.S. banks reporting 1Q22 earnings have diverged in performance
Category: All, Industry analysis
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 res...
20 Apr
U.S. Small-Business Confidence Fell to Two-Year Low in March
Category: All, Industry analysis
Confidence among small-business owners in the U.S. declined in March 2022 to the lowest level in nearly two years, when the Covid-19 pandemic first hit the country, as high inflati...
13 Apr
International law firms are moving into Salt Lake City
Category: All, Law firms’ trends
Global law firms are popping up in Utah. Since September 2021, at least four international law firms have announced offices in Salt Lake City, including Wilson Sonsini, Kirkland &a...
07 Apr
Legal demand focuses on how well law firms understood their clients’ business
Category: All, Law firms’ trends
Moving away from the worst of the pandemic crisis, clients began shifting their focus regarding what they want from both their in-house legal teams and their external law firms. Th...
31 Mar
Law firms’ tech trends for 2022
Category: All, Law firms’ trends
Below are four predictions of technology trends that will continue to be important in 2022 and help shape the law firm industry in the years ahead. Hybrid Remote/In-Office Work Mod...
24 Mar
Large law firms received bigger share of ‘portfolio’ litigation funding
Category: All, Law firms’ trends
According to a report of litigation finance advisory firm Westfleet Advisors, large law firms in the U.S. received a much bigger proportion of the total litigation funding commitme...
17 Mar
US firms will continue to grow their international footprints
Category: All, Law firms’ trends
According to consultant Rober Bata, many US players grew their existing operations throughout Europe, Asia, the Middle East and Africa last year. These firms have been aggressively...
10 Mar
Global law firms in Russia react to Ukraine invasion
Category: All, Law firms’ trends
At least 20 international law firms were operating in Moscow before Russia invaded Ukraine in February, setting off waves of Western sanctions. Some firms are closing their Moscow ...