Citi Private Bank Law Firm Group
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Biglaw
5 Things About The 2022 Legal Industry No One Is Talking About
The overlooked nuggets from the latest Citi report. -
Biglaw
2019 Was A Good Year For Law Firms On Paper... 2020 May Determine If It Was Good In Reality
Is any of this sustainable? - Sponsored
Are Small Firms Going Big On Legal Tech?
Please help us benchmark your firm against your peers through this (always) brief and anonymous survey and enter for a chance to win a $250… -
Biglaw
Law Firm Leaders Think It's About Time To Completely Freak Out
The folks who spend every day reading the financials of the biggest corporations in the world are scared.
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Biglaw
Firm Report Doesn't See A 2020 Recession, The Folks Actually Running The Law Firms Disagree
Partners have a more bearish view than the banks. -
Biglaw
Biglaw Celebrates Solid Revenue Before The Bottom Falls Out
Growth outpaced expenses... but trouble may be on the horizon. -
Morning Docket
Morning Docket: 07.15.19
* President Trump had a hell of weekend on Twitter, where he implied that Democractic Congresswomen Alexandria Ocasio-Cortez, Rashida Tlaib, Ilhan Omar, and Ayanna Pressley — all women of color — weren’t American citizens and told them to “go back” to their home countries. [CNN]
* Federal prosecutors have now accused Jeffrey Epstein of witness tampering, alleging that the sex-trafficking defendant paid out six figures to buy the silence of those who could testify against him. [New York Times]
* Speaking of people related to Alex Acosta’s resignation as labor chief, Patrick Pizzella, formerly of K&L Gates legacy firm Preston Gates Ellis, an associate of Jack Abramoff who notably wasn’t charged and convicted of corruption, has been named as acting labor secretary. [Big Law Business]
* The D.C. Circuit didn’t really seem all that receptive to Trump’s attempts to block Congress from subpoenaing records from one of his accounting firms. Picture Judge Patricia Millett asking this with a raised brow: “When it comes to a president’s conflict of interest, there’s nothing Congress can do … to protect the people of the United States?” [Washington Post]
* How did Justice Clarence Thomas go from being a “Black Panther type” in law school to being the Supreme Court’s “conservative beacon”? [NPR]
* According to Citi Private Bank, law firm leaders are feeling a little less confident about the second half of the year, but no one is expecting a recession just yet. In fact, they seem downright “optimistic” about the rest of 2019. Yay! [American Lawyer]
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Biglaw
Law Firm Revenue Is Up Because We're Just Making People Pay More For Less
One market segment had a surprisingly good quarter. -
Biglaw
Biglaw Made A Boatload Of Money Last Year
2018 was a very good year for law firms... but is trouble on the horizon? - Sponsored
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
How to best leverage generative AI as an early adopter with ethical use. -
Morning Docket
Morning Docket: 02.11.19
* “We take the allegations against Justin very seriously.” Justin Fairfax, the lieutenant governor of Virginia who’s embroiled in a sexual assault scandal, has taken a leave of absence from Morrison & Foerster, where he’s a partner, as the firm itself conducts its own investigation into the allegations. [National Law Journal]
* High revenue and even higher demand resulted in law firms posting their best results since just before the recession, with Am Law 50 and niche/boutique firms outperforming the rest of their industry counterparts. Unfortunately, all of this good news could come to an end in 2020… [American Lawyer]
* Senator Amy Klobuchar (D-MN), a former partner partner at Dorsey & Whitney and Gray Plant Mooty, has officially announced her candidacy for president, making her the fifth major player who’s a lawyer to join the Democratic race for 2020. [POLITICO]
* Thanks to the PBS show “Finding Your Roots,” Senator Marco Rubio (R-FL) recently learned that he’s not the only lawyer in his family. The show helped him discover that his third great grandfather — a 1786 law graduate of the University of Granada — graduated 210 years before he graduated from Miami Law. [Tampa Bay Times]
* “This should be up to the highest court in the land. And she should stay out of jail until this case runs it course.” A lawyer for Michelle Carter, the Massachusetts woman who was convicted for involuntary manslaughter in her friend’s suicide-by-text, has vowed to take her case to the Supreme Court. [Boston Herald]
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Biglaw
Law Firms Believe In Themselves... Don't Have Much Faith In The Rest Of Y'All
2019 isn't going to be much different than 2018 according to law firm leadership. -
Biglaw
Report Proves What We Already Knew: Clients Will Pay Any Fee Hike To Get Brand Name Firms
Bellyaching aside, clients aren't quitting on the elite firms. -
Biglaw
Am Law 100 News: Elite New York Dominate In Profits And Revenue
The rich keep getting richer when it comes to Biglaw. -
Biglaw
Law Firms Finished 2017 Better Than 2016 And Everything's Still Malaise
Law firms had a better 2017 than 2016, but not by much.
Sponsored
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
How AI Is The Catalyst For Reshaping Every Aspect Of Legal Work
Are Small Firms Going Big On Legal Tech?
Sponsored
Document Automation For Law Firms: The Definitive Guide
Profit Powerhouse: Elevating Law Firm Financial Performance
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Biglaw
Law Firm Leaders Are Completely Confident That They Don't Have Much Confidence
Same story, different quarter. -
Biglaw
2018 Looks Like Another Year Of Blah For The Legal Industry
Another challenging year ahead for the legal industry. -
Biglaw
How Well Did Biglaw Perform Financially In The Third Quarter?
The reason why things are looking good is a little deceptive. -
Biglaw
Top Firms Build Bigger Gap Over The Field... Like They Do Every Quarter
The mid-tier law firms are falling further behind. -
Biglaw, Partner Issues
Top Firms Get Richer In Otherwise Poor Year For The Legal Industry
Citi releases its annual survey results, and your industry outlook depends on what kind of firm you are. -
Biglaw, Partner Issues
The Legal Industry Is Still On Life Support
The legal industry continues to plod forward... but for how long? -
Biglaw
Biglaw Strikes Back: The Rich Firms Get Richer This Quarter
Maybe these raises are helping out some firms.