#transactional-practices
#transactional-practices

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#legal-industry

Law Firms Face Uncertain Economic Future In 2025

Law firms may face declining demand in 2025 despite a strong 2024 due to economic uncertainties.

Elevated expenses are expected to pressure profits even if demand rises post-election.

Biglaw Is Having A Fantastically Profitable 2024

Biglaw is experiencing strong growth in 2024, particularly driven by corporate and transactional practices and significant increases in billable rates.

Law Firms Face Uncertain Economic Future In 2025

Law firms may face declining demand in 2025 despite a strong 2024 due to economic uncertainties.

Elevated expenses are expected to pressure profits even if demand rises post-election.

Biglaw Is Having A Fantastically Profitable 2024

Biglaw is experiencing strong growth in 2024, particularly driven by corporate and transactional practices and significant increases in billable rates.

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#professional-development

Law School Didn't Prepare You For Firm Life? You Aren't The Only One

Nearly half of law firm associates feel law school did not adequately prepare them for practice.

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.

Law School Didn't Prepare You For Firm Life? You Aren't The Only One

Nearly half of law firm associates feel law school did not adequately prepare them for practice.

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.

moreprofessional-development

Things Are Looking Up Financially For Biglaw In 2024

Law firms saw positive financial performance in 2023, with increased average revenues and profits per equity partner.

The industry is optimistic about 2024 due to the continued performance of certain practice areas and the anticipated rebound in transactional practices.

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