Law Firms

Insights, strategies, and resources for this topic.

25 Years of Am Law 200: Key Takeaways
25 Years of Am Law 200: Key Takeaways

Exploring 25 years of Am Law 200 data reveals how growth strategies have led to the rise and fall of some of the nation's largest law firms.

Jun 13, 2024
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Law Firms Embrace Gen AI Training for Summer Associates

Law firms are integrating AI training into their Summer Associate programs to enhance efficiency in routine tasks and prepare for the future of legal work.

Jun 05, 2024
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BigLaw Embraces Hybrid Working Model

A new report by Thomson Reuters found 57% of law firm employees are satisfied with their office attendance policies after BigLaw embraces the hybrid office culture.

May 31, 2024
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US Firms Navigate Global Minimum Tax
US Firms Navigate Global Minimum Tax

US multinationals are restructuring their overseas holdings to bring foreign subsidiary ownership back to the US, delaying the impact of a newly established 15% global minimum tax.

May 23, 2024
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Big Law Gets Bigger, and So Do Expenses
Big Law Gets Bigger, and So Do Expenses

The 400 largest US firms show headcount growth again after two years of sluggishness, with an average growth rate of 2.2%, while operating expenses increased by 6.8%.

May 22, 2024
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It's Getting Lonelier At The Top: Trends in the Am Law 100
It's Getting Lonelier At The Top: Trends in the Am Law 100

An analysis of the latest financial metrics from the Am Law 100 rankings, detailing revenue, profitability, and growth trends within the legal industry's top firms.

May 17, 2024
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Am Law 200 Update: The Rise of Second Hundred Firms
Am Law 200 Update: The Rise of Second Hundred Firms

The report highlights significant growth among the Second Hundred, which outpaced other segments in demand and revenue growth.

May 10, 2024
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Class Of 2023: Top 10 Law Schools for BigLaw Employment
Class Of 2023: Top 10 Law Schools for BigLaw Employment

Columbia Law School led the top law schools in placing its Class of 2023 graduates into Big Law firms, with 75.88% of its students securing positions within 10 months of graduation.

May 02, 2024
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Big Shifts in BigLaw: A&O Shearman Merger, Mayer Brown China Exit
Big Shifts in BigLaw: A&O Shearman Merger, Mayer Brown China Exit

The merger of A&O + Shearman & Sterling creates a global legal powerhouse with $3.5B in revenue. Meanwhile, Mayer Brown is reportedly scaling back its operations in Greater China.

May 02, 2024
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BigLaw Further Increases its Market Share
BigLaw Further Increases its Market Share

Large firms saw their share of legal spend increase to 48.2% in 2023, up from 47.9% in 2022, amidst further consolidation at the top.

Apr 26, 2024
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M&A Mania Hits Legal Street: U.S. Law Firms Bulk Up in 2024
M&A Mania Hits Legal Street: U.S. Law Firms Bulk Up in 2024

US law firms seek growth through M&A, while small firms feel the pressure

Jan 15, 2024
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BigLaw Shakeup: Junior Associates Reap Rewards, While Cravath Scale Divides Firms
BigLaw Shakeup: Junior Associates Reap Rewards, While Cravath Scale Divides Firms

Solo & small firms offer lucrative alternatives as salary wars rage on.

Jan 10, 2024
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