Blog

14 May Astor President Bill Sugarman Interviewed by The Glencoe Compass

Posted at 13:03h in Uncategorized

Astor Professional Search Founder and President Bill Sugarman was featured in a recent business spotlight article by The Glencoe Compass discussing his career path in the legal industry and offering advice to attorneys. To learn more about Astor Professional Search, contact Bill Sugarman or visit astorsearch.com. [flipbook pdf="https://www.astorsearch.com/wp-content/uploads/Apr_2020_The_Glencoe_Compass.pdf"]...

Am Law 100, Law Firm Revenue, Law Firm Growth

24 Apr The American Lawyer Am Law 100 Highlights (2020)

Posted at 16:38h in News

The American Lawyer released their 33rd annual Am Law 100 report, which includes data and rankings for the nation’s 100 highest grossing law firms. Overall, gross revenue grew by 5 percent in 2019, coming in at a record breaking $104 billion. Additionally, net income increased by 4...

legal industry, partnership, non-equity partnership, lateral moves, profits per partner

19 Mar The Rise of Non-Equity Partnership in Today’s Lateral Hiring Market

Posted at 15:45h in News

In a recent article, “The Rise of the Non-Equity Partner: Short Term Gain for Long Term Pain?,” James Willer, writing for Law.com, reports on the rise of non-equity partnership in today’s lateral market. According to ALM Intelligence, the number of non-equity partners across the Am...

legal job market, legal jobs, Bureau of Labor Statistics, legal sector, legal job sector

25 Feb Legal Job Sector Showing Gains in 2020, Report Finds

Posted at 10:50h in News

The ABA Journal reports that the legal services sector gained 4,500 jobs in January, with total employment surpassing the previous 10-year high set in November, according to recent data by the U.S. Bureau of Labor Statistics. The legal industry, composed of attorneys, paralegals, legal secretaries...

law firms, legal industry, lateral market, lateral hiring, lateral partner moves, partner moves, Laterals Report

30 Jan Lateral Partner Hiring Shows No Signs of Slowing in 2020, Report Finds

Posted at 13:44h in News

The American Lawyer reports that more than 3,100 lateral partners moved between Am Law 200 firms in 2019, with corporate partners accounting for 25% of those moves, according to recent data released by ALM Intelligence. The total is 14.5% higher than last year’s lateral total of...

law firm mergers, combinations, acquisitions, legal market, merger market

09 Jan Law Firm Merger Market Remains Robust in 2020

Posted at 17:39h in News

The American Lawyer reports that 2019 was a record-breaking year for law firm merger announcements and represented a “solid year of growth” for completed mergers, according to recent data collected by two legal industry consultancy firms tracking law firm tie-ups. Altman Weil, which tracks law firm...

Legal industry, lateral market, revenue growth, law firms, lateral recruiting

16 Dec Legal Experts Predict Robust Lateral Market for 2020

Posted at 16:00h in News

The American Lawyer reports that the U.S. law firm industry had another strong year in 2019 and revenues for 2020 are predicted to continue growing at a healthy rate, according to a new report from Citi Private Bank’s Law Firm Group and Hildebrandt Consulting. The report found...

25 Nov Chicago and Midwest Law Firms Report Strongest Revenue Growth This Year, Survey Finds

Posted at 17:36h in News

The American Lawyer reports on law firm financial performance for the first nine months of the year, concluding that for the first time this year, law firm revenue growth outpaced expense growth, according to a recent report by Citi Private Bank’s Law Group. The Citi results, based...

legal markets, market growth, law firms, smaller cities

05 Nov Smaller Cities Overtaking Biggest Legal Markets for Law Firm Growth, Report Finds

Posted at 10:49h in News

Law firms continue to expand in lower-cost areas with large talent pools, while growth in dominant markets such as New York and Washington, D.C., has plateaued, according to a study released on The American Lawyer. The new report on legal employment and real estate trends found that the U.S. legal sector...

legal market trends, legal industry, global, Global 100

10 Oct The American Lawyer Global 100 Highlights (2019)

Posted at 15:40h in News

The American Lawyer released its annual Global 100 report, a ranking of the world’s 100 largest law firms by gross revenue, profits per partner, and total attorney headcount. Overall, gross revenue grew by 8.1 percent to $114.2 billion, and profits per equity partner increased, on average, by...

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