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Biglaw

Will the Slump in Demand for Law Firms at the End of 2022 be Followed by a Rebound?

U.S. law firms experienced a sharp drop in client demand, declining productivity, and rising expenses, leading to a slump at…

Jones Day’s $100 Million Gain Through a Debated Bankruptcy Strategy: A Closer Look

Jones Day partner Gregory Gordon has created a legal strategy called the “Texas Two-Step,” which has been hailed as the…

Is it Time for Law Firms to Raise Their Rates? Surprising Statistics Show 40% Haven’t Adjusted Prices

Despite a hit to legal services demand in the last quarter, law firms may have an opportunity to recoup losses…

New Report Reveals Major Law Firms Experience Profit Decline and Productivity Slump in Q4 2022

Law firm productivity in the fourth quarter of 2022 decreased by 7.2% compared to the same period in 2021, a…

Foley Hoag Law Firm Expands to Denver, Extending its Reach to the West

Boston-based law firm Foley Hoag has announced the opening a new office in Denver, Colorado, marking the company's first outpost…

Orrick Law Firm Boosts Arbitration Expertise with New Group Leader Hire from Competitor in New York

Orrick Herrington & Sutcliffe, a San Francisco-based law firm, has announced that it has hired Hagit Elul, the former co-leader…

Daily Lateral Associate Movement at Goodwin Procter: Averaging a Gain or Loss of 1 Since 2020

Goodwin Procter, a well-known law firm, has experienced a net gain of 254 lateral associates over the past two years.…

Leading Biglaw Firm Increases Billable Hours Demand, Causing Outrage Among Junior Lawyers

Perkins Coie, a top 50 Biglaw firm with $1,155,565,000 in gross revenue in 2021, has announced an increase in its…

Daily Average Lateral Associate Gain/Loss at Goodwin Procter Since 2020

Goodwin Procter, a law firm, has seen a fluctuation in lateral associate hires and departures since 2020. The firm hired…

Maximize Your Law Firm M&A Success with Early Tech Solution Consolidation

The legal industry saw 46 completed law firm mergers last year, and more are expected in the coming years as…

Cadwalader Firm Strengthens Enforcement Capabilities with New Hire of Top Government Lawyer

Law firm Cadwalader, Wickersham & Taft has recently made a strategic move by hiring prominent Washington, D.C., lawyer Martin Weinstein…

New York Law Firm Expands to Washington D.C. with White-Collar Legal Experts

Harris St. Laurent & Wechsler, a New York-based law firm specializing in commercial litigation and white-collar enforcement, has expanded its…