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News from the Legal Profession

As law firm billing rates are rapidly increasing overall, a new study shows that firms that raised their rates more slowly are starting to see better revenue growth. According to the report, released by Thomson Reuters’ Peer Monitor, law firms that increased their billing rates...

The American Lawyer released their annual Global 100 report, ranking the top law firms across the world. The report is based on gross revenue as well as number of attorneys and profits per partner. Attorney headcount saw an increase this year, with an annual growth...

According to Am Law Daily, mixed opinions were exchanged last week at the International Bar Association’s annual conference, regarding the risks and benefits of law firms’ global development. Lawyers traded their thoughts during a panel discussion on Wednesday. “We were forced by our clients,” to...

The American Lawyer released this year’s national and regional midlevel firm rankings, based on a satisfaction survey of associate responses. The survey analyzes key workplace elements such as: compensation and benefits package, training and support, relations with partners and associates, satisfaction level of the work,...

The gap in gender parity in the legal industry remains somewhat stagnant, but there are Big Law firms that have adopted new cultures and strategies to attract and retain women lawyers. The National Law Journal highlights those firms in their annual survey of the top 100 firms...

The National Law Journal released the 2016 Intellectual Property Hot List: a special report recognizing 15 law firms that performed exceptionally well in intellectual property. In no particular ranking, each of the 15 firms stood out for handling remarkable IP cases in 2015. Ranging in...

The American Lawyer released the 14th annual A-List: an analysis and ranking of the 20 top Big Law firms. The firms that made the AmLaw A-List cut are the best-of-the-best and are rated according to performance in four key areas: financial success, pro bono commitment, diversity...

The National Law Journal released the very first NLJ 500 this year: a compilation of the 500 largest U.S.-based law firms. This year, in addition to the annual report of the top 350 largest firms, NLJ included 150 more law firms and ranked those into two...

Law.com reported that only 34% of lawyers in large firms today are women. That statistic has faced less than a 1% increase over the last five years, according to ALM’s Female Scorecard. Senior ALM Analyst, Nicholas Bruch, reported that only 18% of equity partners and...