The American Lawyer recently published results from its annual Am Law 200 report, noting that for the first time in years the second hundred largest grossing law firms matched the growth of the top one hundred in nearly every key financial metric. Overall, the Second Hundred increased gross revenue...
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...
The National Law Journal released its annual NLJ 500 rankings, which analyzes headcount data on the nation’s largest 500 law firms. According to the report, the number of lawyers in the NLJ 500 grew 2.5% in 2018 to 169,477, and the average firm size rose by...
In the latest March 2018 issue, Chicago Lawyer published results from their 16th annual survey of Illinois’ largest law firms and spoke with managing partners at Chicago firms that have seen strong growth in recent years, including two of our clients Faegre Baker Daniels and...
The American Lawyer released results from its annual Lateral Report, which tracked lateral movement strategies among the nation’s largest and most successful law firms. The report, conducted by ALM Intelligence, reported 2,895 lateral moves among Am Law 200 firms in 2017, decreasing 2.3% from 2016. According...
Law firm mergers and acquisitions are on track to reach an all-time high in 2017, according to the latest report released by legal consulting firm Altman Weil. So far this year, there have been 52 combinations announced, including 24 in the second quarter, topping the prior mid-year peak of 48 in 2016. Altman Weil’s MergerLine report revealed acquisitions of firms with twenty...
Law360 released its fourth annual Glass Ceiling Report, which surveyed 300 law firms on gender diversity and ranked firms based on the percentage of female equity partners in the United States. According to the report, women make up just 34% of all attorneys and 23% of...
Crain’s reported their annual list of Chicago's largest law firms. The report, consisting of the top 25 firms in the city ranked by attorney headcount, is accurate as of June 30, 2016. The list includes the firms’ revenues, number of attorneys worldwide within each firm, and...
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 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...