Law Firm Management
How Did Biglaw Firms Fare Financially In 2020?
NewsDespite the coronavirus pandemic and recession that made life so miserable for millions last year, law firms did very well for themselves.
DLA Piper’s New Chair Wants His Giant Firm to Get Even Bigger
NewsStepping into his role as global co-chair of 4,500-lawyer DLA Piper, Frank Ryan says the best path forward is to get even bigger.
Cincinnati’s Second-Largest Law Firm Opening D.C. Office
NewsFrost Brown Todd (FBT) is formally consolidating its federal public policy and regulatory practices into a Washington D.C. office.
Husch Blackwell Law Firm Sets Revenue Record in 2020 During Pandemic
NewsHusch Blackwell is pleased to announce that the firm reported revenue of $417,056,000 in 2020. This figure represents the highest single-year revenue total in the firm’s 104-year history.
Big Law Firm ‘Pandemic Profits’ Continue with Strong Growth
NewsBig Law continues to report large ‘pandemic profit’ growth, as Cooleys and White & Case report double digit growth in 2020, while Hogan Lovells reports profits per partner (PPP) jumping 30 per cent from 2019 to 2020.
Corporate Lawyer in U.S. College Admissions Scandals Gets Two-Year Law License Suspension
NewsThe former co-chairman of a major New York law firm has been suspended from practicing law for two years after pleading guilty and spending time in prison over his role in the U.S. college admissions scandal.
Orrick and Legal Innovators Team Up
NewsLegal Innovator and Orrick are collaborating on a pilot program through which two Legal Innovators lawyers will join Orrick’s incoming class of law school graduates as ‘Orrick Legal Innovators’ Fellows.’
Majority of US Law Firms, In-House Legal Teams Using ALSPs
NewsThe alternative legal service provider (ALSP) market has ‘reached a point of maturity’, with US law firms and corporate legal departments using them for a wider remit of work, according to a Thomson Reuters survey.
Top 25 Biglaw Firm Updates Bonus Policy
NewsPaul Hastings, a firm whose 2019 gross revenue was over $1.2B announced its year-end bonuses, and special bonuses, back in December 2020.
Top 5 Biglaw Firm Raises the Bar On Billable Diversity & Inclusion Hours
NewsRecognizing the importance of diversity and inclusion in the legal profession, Biglaw firms have started to implement strategies to improve how their workforces operate when it comes to moving toward achieving equity.
Ex-Public Defender in Jacksonville, Faces Suspension From Law Practice for 6 Months
NewsJacksonville’s former public defender may lose his right to practice law for the next six months after filing a voluntary guilty plea for ethics violations committed when he held the job.
Top Biglaw Firm Announces $1.73B In 2020 Revenue
NewsGlobal law firm Greenberg Traurig, LLP reported revenues of USD $1.73 Billion for FY 2020, the seventh consecutive year of record revenue, and a 5.48% increase over the previous year.
Littler Partner Swaps Corporate Defense for Victims’ Advocacy in Move to Wigdor
NewsWigdor said Friday that Christine Hogan is joining the employment plaintiffs firm as a partner in New York from Littler Mendelson, where she worked defending employers for more than decade.
Kirkland & Ellis Set to Hit $5B Annual Revenue
NewsInsiders at the Chicago-based firm said that its turnover was approaching $5 billion for the twelve months to the end of January, up from $4.45 billion in the previous year.
ABA Formal Opinion OKs Lawyers Who Sit in One Jurisdiction But Are Licensed in Another
NewsThe American Bar Association’s (ABA) Formal Ethics Opinion 495 confirms what many have said is the law under ABA Model Rule 5.5 for a while now: Lawyers can sit in a jurisdiction in which they are not licensed so long as they are licensed in a U.S. jurisdiction and are ‘invisible’ as a lawyer where they sit.
Lawadvisor Partners With Barclays, Law Firms, on New Legal Ops Tools
NewsLegal tech company LawAdvisor is unveiling two new products for corporate legal departments and law firms with the help of Barclays plc and several law firms, including Bird & Bird.
Baker McKenzie, DLA Piper and Dentons Top the 2021 Acritas Global Elite Law Firm Brand Index
NewsBaker McKenzie retained the top spot for the 11th consecutive year, and DLA Piper remains second on the list.
Lawyer Battles Sleep Deprivation, Sewage Backup and Media Needling in His Suit Over Election Legality
NewsFired in-house lawyer Paul MacNeal Davis isn’t happy with media reporting on his lawsuit that contends that voting changes resulted in an illegal election.
Top 25 Am Law Firm Announces Bonuses
NewsGoodwin Procter just announced bonuses last week. The bonuses will match “the prevailing Baker McKenzie/Cravath scale.
Some Law Firms Have Misleading Employment Data
NewsAbout a decade ago, many law schools advertised somewhat misleading employment data. For instance, certain law schools listed the median starting salaries of graduates based on sample sizes that were unreasonably small so the statistic did not give an accurate picture of the salaries that graduates could expect.
