
Biglaw Firm’s Managing Partner Wonders How ‘Sustainable’ Huge Lawyer Salaries Are
The good times can't last forever, can they? A 'reckoning' may be coming.
The good times can't last forever, can they? A 'reckoning' may be coming.
The 'black box' awaits as Biglaw firms consider making the shift for partner compensation.
This complete system built for lawyers simplifies the complex world of law firm finance.
Some firms may soon be facing hard times.
The biggest Biglaw behemoths did well in 2020, but what about the firms one tier down?
Last year was a difficult year for so many industries but a shockingly good one for Biglaw, at least in terms of metrics like gross revenue, revenue per lawyer, and profits per partner.
Pretty, pretty well, in terms of both revenue and profit.
Position your firm for long-term growth with better financial visibility and control. Learn how to track performance, manage spending, and plan strategically—download the full e-book now.
The biggest Biglaw firms, ranked by gross revenue, revenue per lawyer, and profits per partner.
The money keeps rolling in.
A 'partner' isn't always a partner -- and maybe that's okay.
* "How Tough-on-Crime Prosecutors Contribute to Mass Incarceration." My review of Emily Bazelon's new book, Charged: The New Movement to Transform American Prosecution and End Mass Incarceration (affiliate link). [New York Times Book Review] * When it comes to prosecutors, as former prosecutor Joel Cohen explains, it's all about discretion. [New York Law Journal] * Judge Nancy Gertner (Ret.) defends Suffolk District Attorney Rachael Rollins's exercise of her prosecutorial discretion -- and argues that Thomas Turco's criticisms of Rollins are unfair. [Boston Globe] * Another ex-prosecutor, Quinn Emanuel partner Alex Spiro, is representing tennis star Naomi Osaka in the "repugnant" lawsuit filed against her by her former coach. [Tennis365] * Former federal prosecutors, many of them now partners at Biglaw firms, represent more than half of the defense lawyers in Operation Varsity Blues, aka the college admissions scandal. [Big Law Business] * High-stakes litigation is just one of many factors contributing to Biglaw's robust profit margin these days -- hovering around 40 percent, its highest value in almost 30 years, according to Madhav Srinivasan of Hunton Andrews Kurth. [Law.com] * Ronald Collins interviews Joan Biskupic about her latest judicial biography, The Chief: The Life and Turbulent Times of Chief Justice John Roberts (affiliate link). [SCOTUSblog] * And speaking of SCOTUS, Will Baude believes that the death penalty "is justifiable and constitutional" -- but argues that the Court has not acquitted itself well in its recent handling of capital cases. [Volokh Conspiracy / Reason]
Roadblocks to data-driven business management are falling, and a better bottom line awaits.
If confirmed, he'll be taking a gigantic pay cut.
What do Dentons and Applebee's have in common?
Uncertain times may be ahead of us given their financial performance.
A leader in transparency falls back into the pack.
Another Trump nominee lets us look in on firm finances.