Tag: LawFirmManagement

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.

NewsPaul Hastings, a firm whose 2019 gross revenue was over $1.2B announced its year-end bonuses, and special bonuses, back in December 2020.

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.

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.

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.

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.

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.

NewsBaker McKenzie retained the top spot for the 11th consecutive year, and DLA Piper remains second on the list.

NewsGoodwin Procter just announced bonuses last week. The bonuses will match “the prevailing Baker McKenzie/Cravath scale.

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.

Newshe majority of Biglaw firms have rolled back their COVID-19 austerity measures the world over, but the coronavirus-related changes are far from over.

NewsTo respond to the ever-shifting environment and clients’ ever-changing needs, law departments must be agile and responsive, continually flexing to meet emerging areas of need.

NewsThe American Bar Association Standing Committee on Ethics and Professional Responsibility released today a formal opinion addressing the ethical obligations for lawyers to consider when they contemplate responding to online criticism and posted negative reviews.

NewsLaw firms learned lessons during the COVID-19 pandemic that could translate to permanent changes in the way that they manage their operations, deliver legal services and treat their employees, according to a report released Tuesday.

NewsBoies Schiller’s recruiting troubles occur as the firm is trying to turn the corner with new leadership after last year experiencing nearly 60 partner departures, including prominent lawyers who represent companies including Facebook Inc., Uber Technologies Inc., Apple Inc., and Barclays PLC.

NewsDinsmore & Shohl announced a merger with Wooden McLaughlin that became official on January 1. Just last month, megafirm Dentons announced a combination with Iowa law firm Davis Brown.