According to Wells Fargo’s Legal Specialty Group, U.S. law firms’ biggest challenge in the near term will be dealing with keeping their expanded ranks of attorneys busy...
The top US law firms are now paying their London partners significantly more than their British rivals, in another sign of American dominance in the UK legal sector. Partners in th...
A survey from the Thomson Reuters Institute found that US lawyers are billing fewer hours than they have in decades amid a sharp decline in dealmaking, as more law firms announce r...
Falling demand, declining profits and rising expenses have created a challenging climate for law firms in 2023, a new industry report warned, with more layoffs likely as clients ti...
A report from Citi’s Global Wealth at Work Law Firm Group and Hildebrandt Consulting concludes that many law firms will see a decline in profitability by year’s end, as...
According to the Wolters Kluwer Future Ready Lawyer Survey 2022, these are the top five legal trends heading into 2023: Tech: 79% of legal professionals report that the increasing ...
Profits at many of the largest international law firms are shrinking rapidly because of an increase in costs and a decline in the number of mergers and acquisitions and public offe...
Two months ago, Big Law associates were hot commodities—they had the luxury of choosing between major firms who offered to let them work and live wherever they like while receiving...
According to the findings of the 2022 Wolters Kluwer Future Ready Lawyer Survey, legal professionals are being challenged by the unprecedented growth of Environmental, Social and G...
According to the 2022 Report on the State of US Small Law Firms from the Thomson Reuters Institute, leaders of small law firms in the United States generally feel that their firms ...
