ABA Journal

Law Firms

12218 ABA Journal Law Firms articles.

Litigation funder’s contracts leave some lawyers owing double the amount borrowed

Lawyers who received litigation funding from Pravati Capital are sometimes tripped up by contract provisions that leave them owing more than double the amount that they borrowed.

Talent wars top list of perceived threats to law firm profitability, new survey finds

Law firm business leaders are bullish about the future of the legal industry, but they are increasingly concerned about the impact of talent wars on profitability, according to a survey released Tuesday.

Some law firms are promoting record numbers of associates to partnership

Several law firms have announced their largest new partner classes on record amid a push to reward lawyers and create an incentive for associates to stay.

Top 50 law firms are ‘cannibalizing’ an increasing share of legal revenue

The nation’s 50 highest-grossing law firms continue to outpace other higher-earning firms in growth in income, net revenue and demand, according to financial data.

‘Treated like a robot,’ contract lawyers chafe under fickle facial recognition surveillance

Contract lawyers forced to use facial recognition monitoring while they work at home are frustrated with the intrusive and error-prone surveillance that forces them to log back in when they are perceived to be unfocused.

Can your law firm afford not to redesign its website?

Modernizing your website isn’t superfluous to your business plan—it’s a key part of its success, according to this legal sector-focused brand strategist and multidisciplinary designer.

Weekly Briefs: Steven Bannon indicted for contempt of Congress; DC Circuit gives Trump initial records victory

Steve Bannon is indicted for contempt of Congress

Steve Bannon, a former adviser to former President Donald Trump, was indicted Friday for contempt of Congress for failing to comply with…

Some law firms try to keep their lawyers under the radar in misguided effort to keep them

Some law firms trying to hold on to their lawyers are offering special bonuses and perks, making counteroffers, offering more interesting work, and promoting on a shortened timeline.

Lawyers and staffers at just 3 BigLaw firms gave more money to Trump than Biden

Lawyers and staff members at top law firms overwhelmingly favored President Joe Biden and Democratic Party organizations in campaign contributions than former President Donald Trump, according to a law professor’s analysis.

Path to BigLaw partnership gets longer for some, new survey finds

The partnership track has gotten longer in recent years, according to experts who spoke with Law.com and about 42% of newer partners responding to an American Lawyer poll.

Kirkland & Ellis apparently wins huge fee in contingency case

Kirkland & Ellis has apparently received a $200 million contingency fee in its representation of a company claiming that its purchase of chemical businesses was marred by the seller’s fraud and breach of contract.

Fired legal assistant derides Fox Rothschild’s ‘pearl-clutching’ over explicit photo in proposed lawsuit

A fired legal assistant at Fox Rothschild is defending her decision to include a partly redacted, sexually explicit photo as an exhibit in her proposed amended lawsuit alleging sexual misconduct by a lawyer at the law firm.

Law firm talent war drives firm expenses up 7.2%; will associates be a ‘profit sinkhole’?

Direct expenses at larger law firms increased 7.2% in the last year, mostly driven by a jump in associate compensation, according to the latest Peer Monitor Index report by Thomson Reuters.

Another midsize firm raises associate pay

Several midsize law firms are boosting starting pay for associates next year in a bid to stay competitive.

Weekly Briefs: ‘Copyright troll’ lawyer is suspended; law grad who married Japanese princess fails bar

‘Copyright troll’ lawyer is suspended in NY

A New York appeals court has suspended a lawyer once deemed a “copyright troll” because of the large number of

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