LawFuel contributor Ben Boman writes on law firms profitability and statistics Profits per equity partner (PEP) growth for big law firms is increasing for US law firms and exceeding the revenue growth for law firms. The trend demonstrates significant changes within the US law profession as some firms – for instance, such LawFuel prestige law […]
PEP Talk At Big Law Firms Is Up – But Revenues Are More Often Down Read More »
Women lawyers face issues in the law profession but Natasha Harrison of Pallas Partners is making a difference
Davis Wright have provided million dollar a year profits for partners and boosted the big law pay scale rankings for the firm
Sonia Hickey, LawFuel Contributor Mental health issues in the law have once again taken center stage following the tragic death of a key Pinsent Masons’ partner, who died in the course of exhausting work hours completing a major deal, and where she had consumed significant alcohol and was struck by a train. Pinsent Masons’ managing
A Partner’s Tragic Death Unveils Mental Health Issues in the Law . . Again Read More »
Record Legal Fee Request Tom Borman, LawFuel contributing editor We reported recently on a record-breaking ‘first’ billion dollar legal fee in the Elon Musk executive compensation case – but away under-estimated – with the fee looking at several billion more. The lawyers who successfully challenged Elon Musk’s $56 billion compensation package as excessive are now
Hourly Rate Unveiled: Lawyers Pursue $6 Billion Legal Fee Tied to Musk’s Pay Package Read More »
Law firm pay scale shakeup in London has seen huge money paid to junior lawyers in a major shakeup on the London law scene
Law firm AI dangers from ChatGPT and other AI tools lie ahead with a cautionary tale about a New York law firm
Sexual harassment in the law has long been an issue, but the recent LegalWeek conference has seen how the issue remains a major concern within the legal profession. The ‘LegalTech’ conference was marred by multiple instances of harassment, highlighted in a LinkedIn post from Deloittes VP of global solutions which was posted at the beginning
How The LegalWeek Conference Was Marred by Sexual Harassment Issues Read More »
A concerning trend has emerged among regulated firms, with 42 percent reporting an increase in attempts of financial crime according to a recent survey of UK law firms, while over a quarter acknowledge falling victim to such activities. In 2023, nearly half (48 percent) of legal professionals, including solicitors and conveyancers, observed a surge in
Regulated UK Law Firms Battle Surge in Financial Crime, Says Survey Read More »
Simpson Thacher & Bartlett has appointed Wheatly MacNamara, a seasoned real estate lawyer, as the upcoming managing partner of its London office, reflecting a trend towards greater law firm gender diversity, particularly US-based law firms. MacNamara becomes the first woman to hold this position at the top 15 US firm, (which just misses the LawFuel
