Cracking $3 billion in law firm revenues is a top effort on anyone’s count, but for Latham & Watkins there’s more to come, they say. The firm is currently Number 1 on Am Law 100 with $3.064 in 2017 revenues as reported by Law.com, with a seven percent increase in attorney numbers and with profits per partner […]
The Billionaire Law Firms: And the $3 Billion King of the Pile Read More »
LawVision Group – On a recent business trip to Latin America I witnessed an interesting everyday event that directly speaks to the value of leadership when dealing with a group of strong personalities. As I was walking along a park I saw a professional dog walker lead two packs of dogs into a clearing. Each
Wicker Group – Throughout my many years working with law firms, I have found that interactive games can be a welcome addition to any firm retreat. In particular, games that help lawyers learn more about their colleagues are often more effective than traditional practice group panel presentations. As firms grow and change, it is important
Using “Speed Dating” In Your Next Law Firm Retreat Read More »
Slaughter & May – Superhuman Resources Slaughter and May and ASI Data Science, the high-growth British Technology firm, have published Superhuman Resources, a joint white paper on the responsible deployment of Artificial Intelligence (AI) in business. We believe that AI could become the most transformative workplace technology of the 21st Century, with the associated need
The law firm gender pay gap continues as before, according to a survey from a law firm recruiter in the UK which has surveyed London law firm partners. It comes as no surprise that women are consistently underpaid on the law pay front, notwithstanding the repeated efforts and statements from law firms about how they’re
Ogletree Deakins – As Chief Diversity and Professional Development Officer at Ogletree Deakins, I have seen that law firms specifically, and the legal industry, generally, face external pressures from clients, outside counsel, and diversity groups to maintain diversity initiatives. Recently, some of that pressure has been coming from sources internal to law firms—namely, their own
Pressure for Law Firm Diversity Coming From Attorneys, As Much as Clients Read More »
Heather McCullough* What a law firm looks like today is dramatically different than what it looked like 50 years ago. Law firms benefitted from client expansion and demand for legal services, and grew exponentially. The sheer size of law firms today necessitates doing things differently than they have traditionally been done. Partners don’t work down
3 Simple and Practical Ways to Improve Law Firm Culture Read More »
JD Supra Perspective – Lance Goddard* I recently talked to John Chisolm, a former practicing lawyer and law firm CEO who works with firms around the globe to help them evolve from traditional billing – by the hour – to what has become known without irony as non-traditional: pricing services based on their value. This
Wicker Park Group – We’ve written countless blog posts about the importance of talking with clients “off the clock” to seek feedback and gain a better understanding of their businesses, strategic goals, preferences, priorities and pressures. The attorneys doing this well have seen the simple effort make a dramatic difference in the strength of their
Breakups are hard to do, whether romantic or ‘legal’ in the sense of law firm partnerships. But the bitter breakup of a US personal injury firm is demonstrating the need to prepare for the worst. There are some things you can do to avoid the sort of acrimony and scorched earth acrimony that is being
