Profits Per Partner
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Biglaw, Boutique Law Firms, Duval & Stachenfeld, Midsize Firms / Regional Firms, Money, Partner Issues, Partner Profits, Real Estate, Small Law Firms
Reinventing The Law Business: Profits Per Partner -- A Good Servant But A Bad Master
Has the focus on "Profits Per Partner" gone too far? This managing partner thinks so. -
Biglaw, Canada, Money, Partner Issues, Partner Profits
The View From Up North: How Much Do Canadian Law Partners Earn?
Hint: a lot less than Biglaw partners in the United States. - Sponsored
The Business Case For AI At Your Law Firm
ChatGPT ushers in the age of generative AI – even for law firms. -
Biglaw, Bonuses, Money, Partner Issues, Partner Profits
Associate Bonus Watch: Summer Bonuses At Cahill Gordon Once Again
How robust are they looking this year?
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Admin, Announcements, Biglaw, Canada, Clerkships, Job Searches, Law Schools, Partner Issues, Partner Profits, Politics, Television
Greetings From The Great White North
What are some of the major differences between the U.S. and Canadian legal professions? -
Biglaw, Money, Partner Issues, Partner Profits
The Haves And The Have-Mores: Partner Pay Spreads At Leading Law Firms
Which firms have the biggest gaps between their highest- and lowest-paid partners? -
Biglaw, Boutique Law Firms, Money, Partner Issues, Partner Profits, Small Law Firms
Beyond Biglaw: 'Profits Per Me'
How much does the "profits per partner" metric matter? Some thoughts from boutique-firm columnist Gaston Kroub. -
Bankruptcy, Biglaw, Divorce Train Wrecks, Heller Ehrman, Law Schools, Money, Morning Docket, Partner Issues, Partner Profits
Morning Docket: 06.12.14
* In defense of its PPP metric, the editor-in-chief of the American Lawyer revealed a shocking statistic about Dentons: the firm’s PPP was likely down about 20 percent year over year. [Am Law Daily]
* A judge dismissed many of defunct firm Heller Erhman’s remaining unfinished business claims in the case against its former partners. Dewey know some partners who are thrilled? [WSJ Law Blog]
* From 2012 to 2013, NLJ 350 firms saw the rise of “other” attorneys — staff attorneys, of counsel, and lawyers who were neither associates nor partners. We’re living in lean times. [National Law Journal]
* “No one predicted there would be this kind of huge drop in applications.” Apparently law school deans thought prospective students would be thrilled about their lack of job prospects. [Hartford Business Journal]
* Shelly Sterling has asked a judge to rule that she can sell the Los Angeles Clippers over her husband Donald Sterling’s protests. We’re very eagerly awaiting their impending divorce train wreck. [Bloomberg]
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Biglaw, Money, Partner Issues, Partner Profits, Quote of the Day
Leading Law Firm Calls Profits Per Partner Numbers 'Meaningless'
Law is a profession, not a business, so pay no attention to how much our partners make! - Sponsored
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
How to best leverage generative AI as an early adopter with ethical use. -
Advertising, Biglaw, Law Firm Mergers, Partner Issues, Partner Profits, Shameless Plugs, This Is an Ad
Merging In The Post-Recession Market
Ed. note: This is the latest installment in a series of posts on lateral partner moves from Lateral Link’s team of expert contributors. Michael Allen is Managing Principal at Lateral Link, focusing exclusively on partner placements with Am Law 200 clients. Alliteration aficionados are bemoaning the tongue-twisting fusion of Squire Sanders and Patton Boggs into […] -
Biglaw, Bonuses, BuckleySandler, Money, Partner Issues, Partner Profits
Associate Bonus Watch: Who Just Announced Midyear Bonuses?
Which highly profitable Biglaw firm is sharing the wealth with its lawyers and staff? -
Biglaw, Partner Issues, Partner Profits, Rankings
The 2014 Am Law 200: Survival Of The Fittest
While some firms came out on top, others were merely surviving. How did the Am Law 200 stack up? -
Biglaw, In-House Counsel, Money, Partner Issues, Partner Profits
How Did Biglaw Fare In The First Quarter Of 2014?
What are the reasons for optimism in a recent report from Citi Private Bank? -
Biglaw, Law Firm Mergers, Partner Issues, Partner Profits, Rankings
Are The Am Law 100 Rankings Unfair? Let’s Whine About Vereins
Should vereins be counted as single entities for purposes of the Am Law 100 rankings, and did vereins get unfairly slammed in the latest Am Law 100?
Sponsored
The Business Case For AI At Your Law Firm
Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
Sponsored
Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
Legal AI: 3 Steps Law Firms Should Take Now
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Biglaw, Layoffs, Partner Issues, Partner Profits, Staff Layoffs
Nationwide Layoff Watch: Shaping Up For Summer
Which law firm just announced double-digit cuts? -
Biglaw, Money, Partner Issues, Partner Profits, Rankings
The 2014 Am Law 100: 'The Super Rich Get Richer'
How did your firm fare in this year’s Am Law 100 rankings? -
Biglaw, Lateral Moves, Layoffs, Partner Issues, Partner Profits, Severance
What's Going On At Dickstein Shapiro?(Plus a leaked severance agreement.)
Plummeting profits, defecting partners, and layoffs of associates and staff -- is this firm in trouble? -
Bankruptcy, Biglaw, Crime, Job Searches, Kasowitz Benson, Law Professors, Law Schools, Morning Docket, Partner Issues, Partner Profits, Rap, Wall Street
Morning Docket: 03.27.14
* The federal judiciary is hiring for staff and public defender positions lost during the government’s sequestration throughout the better part of last year. Ready, aim, fire those résumés! [Legal Times]
* New York Biglaw firms always manage to find their way to the top of the Am Law 100 rankings. When all’s said and done, being so close to Wall Street definitely has its perks. [Bloomberg Businessweek]
* Absolutely no one should be alarmed about the fact that Kasowitz Benson’s profits per partner have dropped by 15 percent — well, no one but the equity partners, that is. Have fun with that. [Am Law Daily]
* The managing partner of Jacoby & Meyers is worried people will think his personal injury firm is going under, not Jacoby & Meyers Bankruptcy. Either way, those commercials won’t die. [New York Law Journal]
* A professor at George Mason University Law was pepper sprayed IN THE FAAAAAACE by an unknown assailant in his classroom yesterday afternoon. We’ll obvious have more on this story later. [ARLNow]
* La Verne is the first law school to offer flat-rate tuition. There will be no scholarships and no discounts. Students will pay $25K/year, nothing more, nothing less. This is, dare we say, wise. [National Law Journal]
* “Passion over pension.” Mekka Don, the Weil Gotshal corporate lit attorney turned rapper, just released his first CD, and it’s all about leaving Biglaw to follow his dreams. Go buy it here (affiliate link). [MTV]
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Attorney Misconduct, Biglaw, Fast Food, Food, Law Firm Mergers, Law Schools, Legal Ethics, Morning Docket, Partner Profits, Rankings, U.S. News
Morning Docket: 03.14.14
* Valerie Ford Jacob, leader of Fried Frank since 2003, is stepping down from her post prior to her official 2015 departure date. At least she’s leaving on a high note, with the firm’s highest profits per partner ever. Yay. [WSJ Law Blog (sub. req.)]
* Ralph Lerner, the ex-Sidley Austin partner who billed extra car charges to his clients, claims he went into work on weekends to do work for free to make up for it. Aww, how nice of him. [Am Law Daily]
* When we first covered this in January, it was just a rumor, but now it’s officially set in stone. The deed is done: Buchanan Ingersoll is picking up Tampa firm Fowler White Boggs. [Pittsburgh Business Times]
* Many New York law schools moved in the recent U.S. News rankings, but not necessarily in the right direction. Four out of 15 schools moved up; the rest stayed the same or slipped. [New York Law Journal]
* Would you like damages with that? McDonald’s corporate and its franchisees are facing lawsuits filed by employees over their allegedly “stolen wages.” Class actions have been filed in three states. [Bloomberg]
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Biglaw, Lateral Moves, Musical Chairs, Partner Issues, Partner Profits
As The Weil Turns, Revenue And Profit Tumble
How much did Weil Gotshal suffer in 2013? Let's look at the numbers.... -
Advertising, Biglaw, Lateral Moves, Partner Issues, Partner Profits, Shameless Plugs, This Is an Ad
5 Tips To Maximize Your Lateral Compensation Package
How can you get the best deal for yourself when making a lateral move?