Partners At This Biglaw Firm Took A Haircut Last Year
Profits per equity partner took a hit.
Profits per equity partner took a hit.
Equity partners had a good year.
LexisNexis sat down with John Ursin, Managing Partner at Schenck Price, to learn how the firm is using legal AI to strengthen client service and daily legal work.
Profits are way up at the firm.
The richest law firm is busy flexing.
As firms slow expansion at the top, remaining equity partners reap the financial rewards.
The firm's profits per equity parter went up 4% last year.
Law firms and legal departments are writing the future of the profession in separate rooms. What happens when they actually work together?
The highest profits in Biglaw.
Business is good.
Profits are up!
There's a pretty big spread from the top of the profits per equity partner to the bottom in Biglaw.
Designed to reduce manual docket work by prioritizing what litigators need most: on-demand full docket summarization that explains the whole case to date, followed by on-demand document summaries for filing triage, and AI-powered natural language searching for faster search and retrieval.
The industry is trending up.
Kirkland & Ellis is tops at profits per equity partner.
The firm is already big, but it wants to become more profitable.
The money is rolling in.
Profits ain't what they used to be.