Biglaw Partners Had A Very Profitable 2023
Biglaw's doing just fine.
Biglaw's doing just fine.
It's a good time to be an equity partner.
The new generation of AI-related legal issues are inherently cross-disciplinary, implicating corporate law, intellectual property, data privacy, employment, corporate governance and regulatory compliance.
The firm's leaders think the metric is a 'misleading' indicator of business performance.
Aww, well isn't that just precious (compared to Kirkland's $7M).
That's quite a bit below the average profits per equity partner in the Am Law 100.
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.
And it may not always be to their advantage.
Partners -- well, equity partners -- are raking it in at this firm.
Discover the latest Am Law 100 rankings as they reveal the shift in financial metrics, unveiling which firms triumphed and which faced challenges in 2022.
Only four firms were in the black. Sheesh!
As federal borrowing caps tighten financing options for law students, one organization is stepping in to negotiate the terms they can't secure alone.
Not the best news for the Biglaw firm.
Biglaw profits have been better...
Financially suffering law firms may be the exception rather than the rule.
This doesn't feel like a good sign for the market.
Those are some nice profits you've got there.