Profitability management of law firms combined with market price signaling are ultimately the critical tools Joseph Altonji* A few weeks ago, I addressed “What’s Next for the Legal World?” in a post focused on critical challenges facing law firms. In it, I argued that “profitability management as a survival skill” is now a feature of the industry, […]
Why Law Firm Profitability Matters More Than Ever Read More »
Dallas litigator Ostolaza is to take over as the chairwoman of the 2,000-lawyer firm’s management committee and the first Latina woman to take over a Top 10 US law firm Sidley is pleased to announce that Yvette Ostolaza has been elected to chair the Firm’s Management Committee, effective April 2022. Ms. Ostolaza will succeed Larry
Power Lawyers – Yvette Ostolaza Named Chair-Elect of Sidley’s Management Committee Read More »
But the top earning partners were at Wachtell Lipton at $7.5 million in profits per equity partner Greedy for top ranking maybe, but Kirkland & Ellis achieve the top gross revenue take law firm in the AmLaw 100 rankings for 2021 with a $4.8 billion revenue haul. The top 10 firms in the site’s gross
Am Law 100 And The $4.8 Billion Top Listing Law Firm For Gross Revenue Read More »
Audrey Strauss, the United States Attorney for the Southern District of New York, and Philip R. Bartlett, Inspector-in-Charge of the New York Office of the U.S. Postal Inspection Service (“USPIS”), announced today the arrest yesterday afternoon of ANDREW FRANZONE, the founder and former general partner of FF Fund I L.P. on charges of securities fraud
Hedge Fund Co-Founder Arrested Over Alleged $40 Million Fraud Read More »
A conversation with Clifford Chance partner Connie Heng This month we are celebrating the 50th anniversary of the firm’s first female partner in London, Rosalind Bax. In partnership with our gender parity group Accelerate>>>, we are looking back and profiling a partner from each decade back to 1971. Here Asia Pacific Regional Managing Partner Connie Heng
Clifford Chance Celebrate 50 Years’ of Female Partnership Read More »
April 23, 2021 – NATIONAL – Akerman LLP, a top 100 U.S. law firm, is pleased to announce the expansion of its national Real Estate Practice Group with the addition of Bruce Wiener and Bedford Wilder in Tallahassee. The new partners join Akerman from Nelson Mullins Riley & Scarborough, where Wiener served as Tallahassee Managing Partner. Together they bring
Image Source: https://unsplash.com/photos/DZpc4UY8ZtY Robert Holms* The legal environment has indeed adapted to the new normalcy of the pandemic and its stay-at-home policies. These measures may be a silver lining for the typically traditional legal world, which is now embracing the benefits of a more modern approach to law. Everything has changed not just for these
Is the Pandemic Changing the Way Law Firms Work? Read More »
Former children’s commissioner for England launches case against video-sharing app Video-sharing app TikTok is being sued in an action commenced by a former children’s commissioner for England who has launched a claim that could cost TikTok billions of dollars if successful. Lawyers acting on the lawsuit claim that TikTok takes children’s personal information, including phone
TikTok Sued Over Alleged Illicit Collection From Child Users Read More »
The bounce-back and resilience of the listed law firms continues in the UK The UK listed law firms’ action continues as UK legal services company RBG Holdings has acquired the specialist international 29 partner law firm Memery Crystal LLP in a £30m deal. The Memery Crystal partner receive cash and shares in RBG as settlement
The COVID pandemic hit listed legal services businesses in the UK, but there may now be revived interest in legal IPOs The Pandemic certainly ‘hit’ the legal services sector for listed companies, but there may now be renewed interest in legal service IPOs following a bounce back from the COVID hit. The recent news of
Listed UK Law Firms That Took Pandemic ‘Hit’ Bounce Back Read More »
