#law-firms

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#work-life-balance
Above the Law
2 days ago
Law

Biglaw Firms May Not Be Ready To Offer The Mental Health Accommodations Young Lawyers Want

Law firms face increasing demands from younger attorneys for mental health accommodations and work-life balance. [ more ]
Bloomberglaw
1 week ago
Remote teams

Taking Your Law Firm Remote Has Challenges-But They're Worth It

Remote work enhances job satisfaction for legal associates and reduces burnout.
Legal firms benefit financially and environmentally from adopting a fully remote model. [ more ]
Above the Law
2 days ago
Law

Biglaw Firms May Not Be Ready To Offer The Mental Health Accommodations Young Lawyers Want

Law firms face increasing demands from younger attorneys for mental health accommodations and work-life balance. [ more ]
Bloomberglaw
1 week ago
Remote teams

Taking Your Law Firm Remote Has Challenges-But They're Worth It

Remote work enhances job satisfaction for legal associates and reduces burnout.
Legal firms benefit financially and environmentally from adopting a fully remote model. [ more ]
morework-life-balance
#generative-ai
ABA Journal
1 week ago
Artificial intelligence

Artificial intelligence in the legal field 'will lead to an exciting evolution in the ecosystem,' Airia CEO says

Legal firms face hurdles in AI adoption including the need for secure and integrated infrastructure. [ more ]
Computerworld
4 days ago
Artificial intelligence

GenAI surges in law firms: Will it spell the end of the billable hour?

Generative AI is revolutionizing legal document management by streamlining electronic discovery tasks, making them faster and more cost-effective. [ more ]
Computerworld
1 week ago
Artificial intelligence

Here's how Cleary Gottlieb law firm uses genAI for pre-trial discovery and more

Law firms increasingly rely on generative AI to streamline discovery processes and improve efficiency.
The integration of AI into legal practices is transforming the roles of both lawyers and IT staff. [ more ]
Above the Law
1 week ago
Artificial intelligence

The Emerging AI Use Cases For Law Firms

Law firms should leverage Generative AI to enhance staff efficiency and adapt to evolving workplace needs. [ more ]
Above the Law
3 weeks ago
Business intelligence

Gen AI + Law Firm Data: Gaining A Key Competitive Edge

Generative AI enables law firms to leverage experience data to enhance legal services and gain a competitive advantage. [ more ]
Above the Law
5 months ago
Artificial intelligence

Today At ILTA EVOLVE: AI Icebreakers, Cybersecurity Challenges, Live Entertainment

Exciting educational sessions and networking opportunities at ILTA EVOLVE event in Charlotte, focusing on cybersecurity, generative AI, and top security actions for law firms. [ more ]
ABA Journal
1 week ago
Artificial intelligence

Artificial intelligence in the legal field 'will lead to an exciting evolution in the ecosystem,' Airia CEO says

Legal firms face hurdles in AI adoption including the need for secure and integrated infrastructure. [ more ]
Computerworld
4 days ago
Artificial intelligence

GenAI surges in law firms: Will it spell the end of the billable hour?

Generative AI is revolutionizing legal document management by streamlining electronic discovery tasks, making them faster and more cost-effective. [ more ]
Computerworld
1 week ago
Artificial intelligence

Here's how Cleary Gottlieb law firm uses genAI for pre-trial discovery and more

Law firms increasingly rely on generative AI to streamline discovery processes and improve efficiency.
The integration of AI into legal practices is transforming the roles of both lawyers and IT staff. [ more ]
Above the Law
1 week ago
Artificial intelligence

The Emerging AI Use Cases For Law Firms

Law firms should leverage Generative AI to enhance staff efficiency and adapt to evolving workplace needs. [ more ]
Above the Law
3 weeks ago
Business intelligence

Gen AI + Law Firm Data: Gaining A Key Competitive Edge

Generative AI enables law firms to leverage experience data to enhance legal services and gain a competitive advantage. [ more ]
Above the Law
5 months ago
Artificial intelligence

Today At ILTA EVOLVE: AI Icebreakers, Cybersecurity Challenges, Live Entertainment

Exciting educational sessions and networking opportunities at ILTA EVOLVE event in Charlotte, focusing on cybersecurity, generative AI, and top security actions for law firms. [ more ]
moregenerative-ai
#legal-market
Above the Law
5 days ago
Law

The City That's The Exception To The Biglaw Lateral Partner Hiring Boom

Lateral partner moves at major U.S. firms are down 15% this year compared to last. [ more ]
Above the Law
2 months ago
Law

Ooh La La! Top 10 Biglaw Firm Plans To Open A New Office In Paris

Ropes & Gray is opening its first European office in Paris, expanding its international presence.
The firm will hire talent from rival law firms in the new office.
This strategic move underscores the firm's ambition in the competitive European legal market. [ more ]
Above the Law
5 days ago
Law

The City That's The Exception To The Biglaw Lateral Partner Hiring Boom

Lateral partner moves at major U.S. firms are down 15% this year compared to last. [ more ]
Above the Law
2 months ago
Law

Ooh La La! Top 10 Biglaw Firm Plans To Open A New Office In Paris

Ropes & Gray is opening its first European office in Paris, expanding its international presence.
The firm will hire talent from rival law firms in the new office.
This strategic move underscores the firm's ambition in the competitive European legal market. [ more ]
morelegal-market
#compensation
ABA Journal
1 week ago
Law

Law firms cut compensation for some partners, freeing up cash for high performers

Law firms are reducing compensation for some partners due to decreased productivity and retirements, indicating a shift from traditional practices. [ more ]
Above the Law
3 weeks ago
Law

Boutique Firm Beats Cravath Scale, Showering Associates With Eye-Popping Salaries Of Up To $475K

Boutique law firms like Gjerset & Lorenz are offering salaries exceeding Biglaw compensation, reflecting the high quality of work and client dedication. [ more ]
Above the Law
4 months ago
Law

Not All Equity Partners Are Paid The Same

Equity partner pay spread in the Am Law 100 is increasing to attract and retain top partners. [ more ]
ABA Journal
1 week ago
Law

Law firms cut compensation for some partners, freeing up cash for high performers

Law firms are reducing compensation for some partners due to decreased productivity and retirements, indicating a shift from traditional practices. [ more ]
Above the Law
3 weeks ago
Law

Boutique Firm Beats Cravath Scale, Showering Associates With Eye-Popping Salaries Of Up To $475K

Boutique law firms like Gjerset & Lorenz are offering salaries exceeding Biglaw compensation, reflecting the high quality of work and client dedication. [ more ]
Above the Law
4 months ago
Law

Not All Equity Partners Are Paid The Same

Equity partner pay spread in the Am Law 100 is increasing to attract and retain top partners. [ more ]
morecompensation
Patently-O
2 weeks ago
Intellectual property law

Third-Party Litigation Funding in Patent Cases: Transparency, Ethics, and Policy Concerns

Third-party litigation funding has transformed patent litigation, providing benefits alongside ethical and legal concerns. [ more ]
Above the Law
2 weeks ago
Law

Looking Ahead To 2025: Reining In Partners' Compensation Expectations

Managing partners may express optimism for 2025 but are approaching budgets conservatively. [ more ]
Above the Law
2 weeks ago
Law

The Questions To Make Fund Formation Your Competitive Advantage

Private equity investors face complex challenges due to economic pressures and regulatory changes, necessitating adaptability from asset managers and their counsel. [ more ]
#legal-profession
Above the Law
1 month ago
Law

Solos & Small Firm Lawyers: Have You Taken Our Compensation Survey Yet?

The survey seeks participation from small firm attorneys to enhance compensation reporting.
The ATL report offers crucial details for benchmarking attorney salaries. [ more ]
Above the Law
4 weeks ago
Law

Summer Associates' Favorite Biglaw Firm

The top Biglaw firm from the 2024 Summer Associates Survey scored nearly perfectly, reflecting exceptional summer experiences for associates. [ more ]
Above the Law
2 months ago
Law

2 Become 1: Merging 2 Solo Practices Into 1 Small Firm

Collaboration among solo lawyers can lead to successful small law firms. [ more ]
Above the Law
6 months ago
Law

Morning Docket: 04.09.24

Attorney and wife tragically killed in a deposition murder-suicide.
Elite NYC law firms continue to outperform the market consistently. [ more ]
Above the Law
1 month ago
Law

Solos & Small Firm Lawyers: Have You Taken Our Compensation Survey Yet?

The survey seeks participation from small firm attorneys to enhance compensation reporting.
The ATL report offers crucial details for benchmarking attorney salaries. [ more ]
Above the Law
4 weeks ago
Law

Summer Associates' Favorite Biglaw Firm

The top Biglaw firm from the 2024 Summer Associates Survey scored nearly perfectly, reflecting exceptional summer experiences for associates. [ more ]
Above the Law
2 months ago
Law

2 Become 1: Merging 2 Solo Practices Into 1 Small Firm

Collaboration among solo lawyers can lead to successful small law firms. [ more ]
Above the Law
6 months ago
Law

Morning Docket: 04.09.24

Attorney and wife tragically killed in a deposition murder-suicide.
Elite NYC law firms continue to outperform the market consistently. [ more ]
morelegal-profession
#client-acquisition
Above the Law
2 weeks ago
Law

Law Firms FAILING At The Single Most Basic Lawyering Task

Most law firms are failing to efficiently acquire new clients by not responding to inquiries, risking both potential business and reputation. [ more ]
Business Matters
1 month ago
Marketing

How Digital Marketing Can Boost Client Acquisition for Law Firms

Law firms need to establish a strong online presence through digital marketing to attract clients and build trust. [ more ]
Above the Law
2 weeks ago
Law

Law Firms FAILING At The Single Most Basic Lawyering Task

Most law firms are failing to efficiently acquire new clients by not responding to inquiries, risking both potential business and reputation. [ more ]
Business Matters
1 month ago
Marketing

How Digital Marketing Can Boost Client Acquisition for Law Firms

Law firms need to establish a strong online presence through digital marketing to attract clients and build trust. [ more ]
moreclient-acquisition
Above the Law
3 weeks ago
Software development

How Do You Know You Need A Case Management Upgrade?

Switching law firm case management software is challenging but necessary when current platforms cause frustration or hinder workflows. [ more ]
#equity-partners
Above the Law
3 weeks ago
Law

World's Richest Biglaw Firm Announces Another HUGE Partnership Class

Kirkland & Ellis has a 2024 partnership class of 200 lawyers, marking the first year-over-year decrease in eight years. [ more ]
Above the Law
5 months ago
Law

This Biglaw Firm Is Larded Up On Non-Equity Partners

A Biglaw firm in the top 100 has 89.2% non-equity partners, the highest percentage in the ranking. [ more ]
Above the Law
3 weeks ago
Law

World's Richest Biglaw Firm Announces Another HUGE Partnership Class

Kirkland & Ellis has a 2024 partnership class of 200 lawyers, marking the first year-over-year decrease in eight years. [ more ]
Above the Law
5 months ago
Law

This Biglaw Firm Is Larded Up On Non-Equity Partners

A Biglaw firm in the top 100 has 89.2% non-equity partners, the highest percentage in the ranking. [ more ]
moreequity-partners
#cybersecurity
Above the Law
3 weeks ago
Information security

Common Sense Passwords Coming To Law Firms Soon

NIST is set to reform password guidelines, offering more effective rules for law firms to enhance cybersecurity practices. [ more ]
ITPro
1 month ago
Privacy professionals

UK law firms are facing a torrent of cyber threats - here's why

Cyber attacks on UK law firms have significantly increased, showcasing the growing threat to sensitive client data in the legal sector. [ more ]
Above the Law
5 months ago
Privacy professionals

Biglaw Firms Fall Prey To Cyberattacks, With Data Breaches On The Rise

2024 projected to be a record year for data breaches in law firms. [ more ]
Above the Law
5 months ago
Information security

'Legal Tech Lists': 7 Ways Law Firms Invite A Breach

Law firms need to adopt multifactor authentication and have multiple backups to prevent cyber breaches. [ more ]
Above the Law
3 weeks ago
Information security

Common Sense Passwords Coming To Law Firms Soon

NIST is set to reform password guidelines, offering more effective rules for law firms to enhance cybersecurity practices. [ more ]
ITPro
1 month ago
Privacy professionals

UK law firms are facing a torrent of cyber threats - here's why

Cyber attacks on UK law firms have significantly increased, showcasing the growing threat to sensitive client data in the legal sector. [ more ]
Above the Law
5 months ago
Privacy professionals

Biglaw Firms Fall Prey To Cyberattacks, With Data Breaches On The Rise

2024 projected to be a record year for data breaches in law firms. [ more ]
Above the Law
5 months ago
Information security

'Legal Tech Lists': 7 Ways Law Firms Invite A Breach

Law firms need to adopt multifactor authentication and have multiple backups to prevent cyber breaches. [ more ]
morecybersecurity
#mentorship
Above the Law
3 weeks ago
Law

The Best Biglaw Firms, Ranked By Summer Associates (2024)

The summer associate experience in 2024 combined fun activities with valuable legal work and mentorship, leading to high satisfaction levels among associates. [ more ]
Above the Law
2 months ago
Privacy professionals

Latham Calls Lawyers Back To Office, Even Though Midlevels Sit In Open Cubicles NOW

Post-pandemic law firms face challenges in mentorship and integration of younger attorneys as they adjust back to office life. [ more ]
Above the Law
3 weeks ago
Law

The Best Biglaw Firms, Ranked By Summer Associates (2024)

The summer associate experience in 2024 combined fun activities with valuable legal work and mentorship, leading to high satisfaction levels among associates. [ more ]
Above the Law
2 months ago
Privacy professionals

Latham Calls Lawyers Back To Office, Even Though Midlevels Sit In Open Cubicles NOW

Post-pandemic law firms face challenges in mentorship and integration of younger attorneys as they adjust back to office life. [ more ]
morementorship
#mergers-and-acquisitions
Above the Law
3 weeks ago
Business

Mega Biglaw Firm Plans To Get Even Bigger, Focuses On New York

Baker McKenzie aims to raise profits and firm ranking through strategic hiring and competitive compensation packages for lateral partners. [ more ]
Patently-O
1 month ago
Privacy professionals

Future of Patent Practice: Balancing Big Firm Mergers and the Boutique Draw

Major legal mergers signal ongoing consolidation trend in the patent attorney market. [ more ]
Above the Law
6 months ago
Law

Finance Docket: Big Deals Are Big These Days

Mergers and acquisitions valued at $10 billion or more have more than doubled in the first quarter of the year.
There is a surge in dealmaking activities globally with significant transactions across different sectors, indicating a strong M&A market trend. [ more ]
Above the Law
3 weeks ago
Business

Mega Biglaw Firm Plans To Get Even Bigger, Focuses On New York

Baker McKenzie aims to raise profits and firm ranking through strategic hiring and competitive compensation packages for lateral partners. [ more ]
Patently-O
1 month ago
Privacy professionals

Future of Patent Practice: Balancing Big Firm Mergers and the Boutique Draw

Major legal mergers signal ongoing consolidation trend in the patent attorney market. [ more ]
Above the Law
6 months ago
Law

Finance Docket: Big Deals Are Big These Days

Mergers and acquisitions valued at $10 billion or more have more than doubled in the first quarter of the year.
There is a surge in dealmaking activities globally with significant transactions across different sectors, indicating a strong M&A market trend. [ more ]
moremergers-and-acquisitions
Above the Law
4 weeks ago
Marketing

How Law Firms Can Leverage Video Content To Drive Business

Embracing short-form video content is essential for law firm owners to connect with potential clients and build trust. [ more ]
Above the Law
1 month ago
Law

Biglaw Firm Gives All Employees Paid Day Off To Vote, Volunteer On Election Day

Law firms are encouraged to support employees in fulfilling their voting responsibilities ahead of Election 2024.
Mintz is providing a paid day off for employees on Election Day to promote civic engagement. [ more ]
#biglaw
ABA Journal
1 month ago
Law

Another BigLaw firm announces merger-third in week's time

The merger of Womble Bond Dickinson and Lewis Roca will create a large law firm with over 1,300 lawyers and significant geographical reach. [ more ]
Above the Law
1 month ago
Startup companies

The UK Top 50: The Richest Biglaw Firms Across The Pond

The UK Top 50 law firms experienced record financial growth in 2023, with a 9.7% rise in revenue and significant profit increases. [ more ]
Above the Law
2 months ago
Law

Biglaw Associates Are Impatiently Wondering Where Their Summer Bonuses Are

Biglaw associates eagerly await news on summer bonuses, with some firms starting to announce bonuses based on class year. [ more ]
Above the Law
3 months ago
Law

The 100 Largest Law Firms In New York (2023)

Size matters in Biglaw, evident from the increase in headcounts at the top 100 New York law firms in 2023. [ more ]
ABA Journal
1 month ago
Law

Another BigLaw firm announces merger-third in week's time

The merger of Womble Bond Dickinson and Lewis Roca will create a large law firm with over 1,300 lawyers and significant geographical reach. [ more ]
Above the Law
1 month ago
Startup companies

The UK Top 50: The Richest Biglaw Firms Across The Pond

The UK Top 50 law firms experienced record financial growth in 2023, with a 9.7% rise in revenue and significant profit increases. [ more ]
Above the Law
2 months ago
Law

Biglaw Associates Are Impatiently Wondering Where Their Summer Bonuses Are

Biglaw associates eagerly await news on summer bonuses, with some firms starting to announce bonuses based on class year. [ more ]
Above the Law
3 months ago
Law

The 100 Largest Law Firms In New York (2023)

Size matters in Biglaw, evident from the increase in headcounts at the top 100 New York law firms in 2023. [ more ]
morebiglaw
#in-house-counsel
Above the Law
1 month ago
Law

The Biglaw Firms That Strike Fear In The Hearts Of Opposing Counsel (2025)

Choosing the right law firm is critical for in-house counsels dealing with high-stakes litigation; BTI ranks the most feared firms based on expert polls. [ more ]
Above the Law
6 months ago
Law

The Client Service A-Team: Ranking The Biglaw Superheroes Of Client Service (2024)

Top firms excelling in client service identified by BTI Consulting Group.
The firms in the top 30 ranking performed significantly better in client service compared to typical law firms. [ more ]
Above the Law
1 month ago
Law

The Biglaw Firms That Strike Fear In The Hearts Of Opposing Counsel (2025)

Choosing the right law firm is critical for in-house counsels dealing with high-stakes litigation; BTI ranks the most feared firms based on expert polls. [ more ]
Above the Law
6 months ago
Law

The Client Service A-Team: Ranking The Biglaw Superheroes Of Client Service (2024)

Top firms excelling in client service identified by BTI Consulting Group.
The firms in the top 30 ranking performed significantly better in client service compared to typical law firms. [ more ]
morein-house-counsel
#legal-industry
Above the Law
1 month ago
Law

UK-Based Biglaw Firm Continues In Its Quest To Conquer US Legal Markets

Kennedys is expanding its footprint in the U.S. by opening new offices in Los Angeles and Seattle, raising total U.S. office count to 12. [ more ]
ABA Journal
2 months ago
JavaScript

Lathrop GPM will merge with Silicon Valley firm Oct. 1; 'why wait?' managing shareholder asks

Lathrop GPM is merging with Hopkins & Carley, enhancing its practice and expanding its reach significantly. [ more ]
ABA Journal
2 months ago
Law

Law firms on track for strong year, report says

Law firms are projected to have a strong year in 2024 with an 11.4% revenue increase in the first half. [ more ]
Community
8 months ago
Artificial intelligence

The Disconnect Between Law Firms and Clients on Use of Gen AI

Gen AI impact on legal industry
Expectations of law firm leaders vs. corporate legal executives [ more ]
Above the Law
1 month ago
Law

UK-Based Biglaw Firm Continues In Its Quest To Conquer US Legal Markets

Kennedys is expanding its footprint in the U.S. by opening new offices in Los Angeles and Seattle, raising total U.S. office count to 12. [ more ]
ABA Journal
2 months ago
JavaScript

Lathrop GPM will merge with Silicon Valley firm Oct. 1; 'why wait?' managing shareholder asks

Lathrop GPM is merging with Hopkins & Carley, enhancing its practice and expanding its reach significantly. [ more ]
ABA Journal
2 months ago
Law

Law firms on track for strong year, report says

Law firms are projected to have a strong year in 2024 with an 11.4% revenue increase in the first half. [ more ]
Community
8 months ago
Artificial intelligence

The Disconnect Between Law Firms and Clients on Use of Gen AI

Gen AI impact on legal industry
Expectations of law firm leaders vs. corporate legal executives [ more ]
morelegal-industry
Above the Law
1 month ago
Law

Midlevel Biglaw Associates Are Going Hungry On The Job

Firms should recognize that associates need basic sustenance rather than elaborate perks to feel supported during unexpected long hours. [ more ]
#technology
Above the Law
1 month ago
Law

Midlevel Biglaw Associates Are Pretty Mad About How Awful The Technology Is At Their Firms

Midlevel associates feel frustrated with firms' inadequate technology investments, highlighting a stark contrast between their expectations and firms' current offerings. [ more ]
ABA Journal
2 months ago
Law

How midsize firms are achieving growth through adaptation

Law firms must focus on continual, incremental improvements to efficiently adapt to new challenges and technologies. [ more ]
Above the Law
6 months ago
Data science

How To Fix Your Law Firm Data Management Issues - Permanently

Law firms struggle with data management leading to poor quality data.
Using data stewards and technology can improve data management in law firms. [ more ]
Above the Law
1 month ago
Law

Midlevel Biglaw Associates Are Pretty Mad About How Awful The Technology Is At Their Firms

Midlevel associates feel frustrated with firms' inadequate technology investments, highlighting a stark contrast between their expectations and firms' current offerings. [ more ]
ABA Journal
2 months ago
Law

How midsize firms are achieving growth through adaptation

Law firms must focus on continual, incremental improvements to efficiently adapt to new challenges and technologies. [ more ]
Above the Law
6 months ago
Data science

How To Fix Your Law Firm Data Management Issues - Permanently

Law firms struggle with data management leading to poor quality data.
Using data stewards and technology can improve data management in law firms. [ more ]
moretechnology
Bloomberglaw
1 month ago
Business

Fried Frank's Finance Practice Leader Jumps to Skadden in NYC

Skadden Arps adds J. Christian Nahr from Fried Frank to enhance its banking practice and global sponsor finance strategy. [ more ]
ABA Journal
1 month ago
Law

Former Littler lawyer drops California suit against firm, bringing end to departure dispute

Kozeychuk dropped her lawsuit against Littler Mendelson over a settlement dispute, concluding her legal battle with the firm. [ more ]
#legal-technology
Hackernoon
6 months ago
Artificial intelligence

Law and AI: The Most Important Question That Law Firms Need to Answer | HackerNoon

Law firms are rapidly integrating AI into their practices, balancing human expertise with technological innovation to enhance competitiveness. [ more ]
Above the Law
3 months ago
Law

Morning Docket: 07.23.24

Law firms maintain traditional partner and counsel titles. [ more ]
Community
8 months ago
Artificial intelligence

Biggest Law Firms Making Major Investments in Generative AI

Large law firms are increasingly investing in Generative Artificial Intelligence (Gen AI) technologies.
A potential gap is emerging between the largest law firms (Am Law 200) and their peers in terms of investing in Gen AI tools. [ more ]
Hackernoon
6 months ago
Artificial intelligence

Law and AI: The Most Important Question That Law Firms Need to Answer | HackerNoon

Law firms are rapidly integrating AI into their practices, balancing human expertise with technological innovation to enhance competitiveness. [ more ]
Above the Law
3 months ago
Law

Morning Docket: 07.23.24

Law firms maintain traditional partner and counsel titles. [ more ]
Community
8 months ago
Artificial intelligence

Biggest Law Firms Making Major Investments in Generative AI

Large law firms are increasingly investing in Generative Artificial Intelligence (Gen AI) technologies.
A potential gap is emerging between the largest law firms (Am Law 200) and their peers in terms of investing in Gen AI tools. [ more ]
morelegal-technology
#remote-work
Bloomberglaw
2 months ago
Privacy professionals

Latham & Watkins Will Require Four Days in Office for New York

Latham & Watkins mandates four days in-office work for NYC attorneys starting January 2025, emphasizing the need for in-person collaboration. [ more ]
Above the Law
6 months ago
Law

Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve

Law firms prioritize long-term office space despite lawyer preference for remote work.
Increasing attorney billable rates despite evidence of a significant percentage preferring remote work.
Distributed law firms gaining momentum to cater to evolving needs of lawyers. [ more ]
ABA Journal
7 months ago
Law

For second year in a row, law firms pull back on lateral hiring of lawyers

Law firms are reducing lateral hiring of lawyers for the second consecutive year.
The median number of lawyers hired in 2023 was 4.0, the lowest since 2010. [ more ]
Bloomberglaw
2 months ago
Privacy professionals

Latham & Watkins Will Require Four Days in Office for New York

Latham & Watkins mandates four days in-office work for NYC attorneys starting January 2025, emphasizing the need for in-person collaboration. [ more ]
Above the Law
6 months ago
Law

Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve

Law firms prioritize long-term office space despite lawyer preference for remote work.
Increasing attorney billable rates despite evidence of a significant percentage preferring remote work.
Distributed law firms gaining momentum to cater to evolving needs of lawyers. [ more ]
ABA Journal
7 months ago
Law

For second year in a row, law firms pull back on lateral hiring of lawyers

Law firms are reducing lateral hiring of lawyers for the second consecutive year.
The median number of lawyers hired in 2023 was 4.0, the lowest since 2010. [ more ]
moreremote-work
#digital-marketing
Forbes
2 months ago
Marketing

Council Post: Why SEO Isn't Enough For Your Law Firm

Law firms should combine SEO with traditional PR efforts for effective marketing and brand recognition. [ more ]
Above the Law
5 months ago
Web design

Revitalizing Law Firm Web Traffic

Maintaining organic web traffic is crucial for law firms' online success. [ more ]
Forbes
2 months ago
Marketing

Council Post: Why SEO Isn't Enough For Your Law Firm

Law firms should combine SEO with traditional PR efforts for effective marketing and brand recognition. [ more ]
Above the Law
5 months ago
Web design

Revitalizing Law Firm Web Traffic

Maintaining organic web traffic is crucial for law firms' online success. [ more ]
moredigital-marketing
Above the Law
2 months ago
Law

Prominent Attorney Lisa Bloom Settles Claims She Misused Covid Loans

Law firm Lisa Bloom to pay over $274,000 to resolve allegations of misusing Covid relief funds provided by the PPP. [ more ]
Bloomberglaw
2 months ago
Marketing

Virtual CMOs Have a Voice in Law Firms' Strategic Growth Plans

Fractional CMOs transform law firm marketing by focusing on long-term strategic planning rather than just short-term project execution. [ more ]
Above the Law
2 months ago
Law

Who Will Join Milbank's Summer Bonus Party?

Milbank's summer bonuses put it at the forefront of associate compensation, highlighting contrasts with other firms. [ more ]
Above the Law
2 months ago
Law

Prominent Regional Firm To Delay Start Date For First-Year Associates

Bass, Berry & Sims is postponing its new associates' start date to January to enhance professional development and align with increasing transactional demand. [ more ]
#revenue-growth
Above the Law
2 months ago
Law

Litigation Growth Continues Flowing Away From Top Am Law Firms

Law firms are experiencing a resurgence in transactional work, driving revenue and optimism despite market downturns. [ more ]
Above the Law
5 months ago
Law

Biglaw Demand Still Flagging, But We Can Charge Clients Higher Rates So Let The Good Times Roll

Law firms are experiencing positive economic conditions as reflected in the Q1 2024 Thomson Reuters Law Firm Financial Index. [ more ]
Above the Law
2 months ago
Law

Litigation Growth Continues Flowing Away From Top Am Law Firms

Law firms are experiencing a resurgence in transactional work, driving revenue and optimism despite market downturns. [ more ]
Above the Law
5 months ago
Law

Biglaw Demand Still Flagging, But We Can Charge Clients Higher Rates So Let The Good Times Roll

Law firms are experiencing positive economic conditions as reflected in the Q1 2024 Thomson Reuters Law Firm Financial Index. [ more ]
morerevenue-growth
Above the Law
2 months ago
Artificial intelligence

Attention Buyer: Not All Legal AI Models Are Created Equal

Legal executives foresee increased investment in Gen AI technologies. Law firms are increasingly adopting Gen AI tools for legal practices. [ more ]
Above the Law
3 months ago
Law

Bountiful Biglaw Bucks Are Headed Straight For Kamala's Campaign Coffers

Biglaw attorneys likely to support Kamala Harris's campaign. [ more ]
Above the Law
3 months ago
Law

Vault Rankings: Top Midsize Law Firms By Regional Prestige (2025)

Vault released 2025 regional rankings for midsize law firms based on reputation and prestige as rated by associates. [ more ]
#partner-retention
Above the Law
5 months ago
Law

Leader Of Elite Biglaw Firm Shares The Secret For Keeping Partners From Lateraling To Competitors

Cultural glue can keep partners at a firm despite profit discrepancies. [ more ]
Above the Law
7 months ago
Law

Biglaw Firms Now Offering Rainmaker Partners Forgivable Loans To Prevent Them From Leaving

Forgivable loans are used as partner retention tools in law firms.
Firms like Kirkland & Ellis and DLA Piper have used forgivable loans to prevent partner exits. [ more ]
Above the Law
5 months ago
Law

Leader Of Elite Biglaw Firm Shares The Secret For Keeping Partners From Lateraling To Competitors

Cultural glue can keep partners at a firm despite profit discrepancies. [ more ]
Above the Law
7 months ago
Law

Biglaw Firms Now Offering Rainmaker Partners Forgivable Loans To Prevent Them From Leaving

Forgivable loans are used as partner retention tools in law firms.
Firms like Kirkland & Ellis and DLA Piper have used forgivable loans to prevent partner exits. [ more ]
morepartner-retention
Above the Law
5 months ago
Law

The Biglaw & Boutique Firms That Are The 'Best Of The Best' When It Comes To Cost Control (2024)

Trust in outside counsel's approach and communication leads to effective cost control, per BTI Consulting Group. [ more ]
Above the Law
5 months ago
Law

Morning Docket: 05.10.24

Firms prioritize price-insensitive work, antitrust sees surge with Sherman Act enforcement, Columbia boycott debated, ABA open to bar exam alternatives. [ more ]
Above the Law
5 months ago
Data science

How To Fix Your Law Firm Data Management Issues - Permanently

Law firms struggle with data management leading to misaligned data.
Good data practices essential in law firms for accurate information.
Utilizing technology and data stewards crucial for successful data management in law firms. [ more ]
Above the Law
5 months ago
Information security

Cloud Security Advice For Law Firms

Law firms are adopting a cloud-first mentality, but often overlook the importance of securing their cloud environment, leaving room for vulnerabilities. [ more ]
Above the Law
5 months ago
Law

Lawyers Should Show Their Support For Clients

Lawyers can strengthen client relationships by outwardly showing support for their clients through buying their products, attending events, and showing personal interest. [ more ]
Above the Law
6 months ago
Law

I Woudn't Want To Be Associated With Trump Either - See Also

Jurors feel intimidated in Trump trial, Oregon struggles with homeless ban validity, law firms target 1Ls, apologies may not revoke racism, ByteDance readies for legal battle [ more ]
Above the Law
6 months ago
Law

Why Do So Few Law Firms Still Have An 8-Year Partnership Track?

Partnership tracks in law firms have evolved away from the traditional eight-year model due to ownership concerns and changes in employment benefits. [ more ]
Above the Law
6 months ago
Artificial intelligence

The Business Case For AI At Your Law Firm

Understanding benefits and challenges of AI tools is key to building a business case for AI adoption in law firms. [ more ]
Above the Law
6 months ago
Law

Biglaw Firm Shunned Office Attendance Mandates... Now 'Expecting' Two Days A Week

Katten initially promoted flexibility but now requires attorneys to work in the office at least two days a week. [ more ]
Above the Law
6 months ago
Business intelligence

Frankensystem Or Optimized Solution? We Want To Benchmark Your BI

Law firms vary in tracking BI metrics.
Survey seeks insights on law firms' BI practices. [ more ]
Above the Law
6 months ago
Law

Unlike Most Biglaw Firms, This Top Contender Has Steadily Increased Associate Hiring

Paul Weiss has strategically grown its associate hiring over the past three years.
The firm has maintained a steady increase in lateral associates added annually, contrasting with other firms. [ more ]
Above the Law
6 months ago
Law

Business Development Can Be More Important Than Legal Skill To Career Advancement

Legal skill is essential, but generating work is crucial for career advancement in the legal profession.
Business development becomes increasingly important for associates as they progress towards partnership. [ more ]
Above the Law
6 months ago
Law

Morning Docket: 04.03.24

George W. Bush's comments on Trump's attacks affected jury pools perception.
Government introducing new rules for minimum freight train crew size post rail accidents. [ more ]
Above the Law
6 months ago
Law

Biglaw Merger Activity Very Likely To Soar To New Heights In 2024

Law firms are engaging in more mergers in 2024 than in previous years.
Firms with 400-800 lawyers are particularly interested in acquiring smaller firms for growth. [ more ]
#financial-performance
ABA Journal
7 months ago
Law

This BigLaw firm surpasses $7B in revenue, but that's not metric being watched by many firms

BigLaw firm Kirkland & Ellis surpasses $7B in revenue for 2023.
Firms focus on metrics like revenues per lawyer and partner rather than just total revenue size. [ more ]
Above the Law
6 months ago
Law

That's A Whole Lotta Nonequity Partners

The nonequity tier of partnership at a Biglaw firm saw a 51% increase in 2023.
The firm mentioned had exceptional financial performance in the prior year. [ more ]
ABA Journal
7 months ago
Law

This BigLaw firm surpasses $7B in revenue, but that's not metric being watched by many firms

BigLaw firm Kirkland & Ellis surpasses $7B in revenue for 2023.
Firms focus on metrics like revenues per lawyer and partner rather than just total revenue size. [ more ]
Above the Law
6 months ago
Law

That's A Whole Lotta Nonequity Partners

The nonequity tier of partnership at a Biglaw firm saw a 51% increase in 2023.
The firm mentioned had exceptional financial performance in the prior year. [ more ]
morefinancial-performance
Above the Law
6 months ago
Law

Freshfields Moves To New Office, Announces New Attendance Policy

Freshfields implements four-day in-office work policy for fee earners starting May 1
Other law firms also adopting similar in-office work policies [ more ]
Above the Law
7 months ago
Law

Biglaw DEI Head Frustrated By General Criticism, Storms Off To LinkedIn For Support

Advocacy for diversity is tied to actionable items
Law firms cautious about diversity advocacy due to fear of lawsuits and lack of implementation discussions [ more ]
Above the Law
7 months ago
Law

Lawyers Bullish On Returning To The Office

Law firms in the United States leased a significant amount of office space in 2023.
The legal industry experienced a rise in commercial real estate space from the previous year. [ more ]
Above the Law
7 months ago
Law

Got A Lateral War Story? Tell Us About It!

Lawyers moving between firms can have significant impacts
Research at the University of Cincinnati is focused on mass movements of lawyers [ more ]
Above the Law
7 months ago
Law

Referring Work To Lawyers At Your Law Firm Might Be Difficult

Lawyers at larger firms may not always effectively utilize resources for client service.
Assistance between lawyers in the same firm can be hindered by lack of incentive. [ more ]
Above the Law
7 months ago
Law

Paul Weiss Creates Non-Equity Partnership Tier To Remain 'Competitive' In The Market

Big-name law firms embracing two-tier partnership model.
Paul Weiss shifts to a non-equity partner tier to adapt to market competitiveness. [ more ]
Above the Law
7 months ago
Law

Biglaw's Summer Associate Recruitment Cycle Is The Worst Since The Great Recession

Summer associate program recruitment is experiencing a slump in Biglaw firms.
Offer rates for summer programs decreased, with lower acceptance rates but historically high offer rates for second-year students. [ more ]
Above the Law
7 months ago
Law

Profit Powerhouse: Elevating Law Firm Financial Performance

Avoid common accounting pitfalls in small law firms
Get actionable tips to boost your law firm's bottom line [ more ]
Above the Law
7 months ago
Law

Breaking Open The Black Box Of Partner Compensation

Law firms transitioning to non-equity partnership tiers to retain senior associates.
Equity partner compensation on the rise amid growth in non-equity partner positions. [ more ]
Above the Law
7 months ago
Women in technology

Dechert's Global Finance And Real Estate Co-Chair Explains How Biglaw Firms Can Get More Women Into Partnership And Leadership Roles

Women in the legal profession have achieved significant milestones over the years.
Efforts are needed to increase the representation of women in law firm partnership and leadership roles. [ more ]
Above the Law
7 months ago
Law

Back To Basics: 6 Tech Tips Every Small Firm Needs To Hear

Focusing on finances is crucial for law firms
Choosing the right technology for financial reporting is key [ more ]
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