Midsize Firm

How midsize firms are achieving growth through adaptation

Ari Kaplan recently spoke with Debbie Foster, the CEO of Affinity Consulting; Jennifer Sherman, the chief product and experience officer at Caret Legal; and Laura Wenzel, the global marketing and insights director at iManage.

Aug 23, 2024 10:14 AM CDT

These firms are ‘ceiling smashers’ for having highest percentage of women in equity partnerships

Women lawyers still lag behind their male counterparts in leadership positions, according to Law360 Pulse's 2024 Women in Law Report.

Aug 22, 2024 2:44 PM CDT

Are insurance defense firms in ‘aggressive hiring mode’? New hires sought amid salary disadvantage

An administrative partner at Tyson & Mendes has painted a bleak picture for insurance defense law firms seeking to boost their head count.

Aug 21, 2024 8:44 AM CDT

‘Professional development strategy’ is reason for delayed start date for associates, midsize firm says

Midsize law firm Bass, Berry & Sims is pushing back the start date for its 22 incoming associates from September to January. The delay is a “professional development strategy” intended to give current junior associates more experience in transactional matters amid an uptick in such work, said Kerry Price, the…

Aug 15, 2024 11:25 AM CDT

Law firms are seeing ‘significant resurgence’ in financial health, new report says

Most major practice areas experienced growth in the second quarter of 2024, leading to “a significant resurgence in the financial health of law firms,” according to the Thomson Reuters Institute, which released its latest Law Firm Financial Index.

Aug 6, 2024 9:04 AM CDT

Can partners afford to leave their BigLaw firms? Some discourage departures by withholding cash

Some law firms trying to hold on to their partners are using money to discourage departures.

Jul 24, 2024 8:49 AM CDT

Software company Clio announces $900M investment

Clio, a cloud-based practice management software company, has clinched $900 million in a Series F round—one of the largest single investments in legal technology to date.

Jul 23, 2024 3:05 PM CDT

Fennemore aims to expand talent pool with new remote-work program

If you have at least 10 years of experience, a portable book of business worth at least $450,000 and a desire to work at home, Fennemore Craig may be looking for you.

Jul 11, 2024 12:38 PM CDT

After lawyers exceed status-letter limit by ‘whopping’ 70 pages, judge sees echoes of fictional Jarndyce case

The handiwork of lawyers who crafted a joint 73-page monthly status letter won’t appear on the federal docket after a magistrate judge noted last week that it was a “whopping” 70 pages over the limit.

Jul 11, 2024 10:36 AM CDT

This law firm increased revenue by about 139% in 5 years while raising partner profits

Once known as a regional law firm in the Midwest, Spencer Fane is boosting revenue along with partner profits.

Jul 3, 2024 2:34 PM CDT

These law firms topped rankings for minority, female and LGBTQ lawyers

Larger law firms are making slight gains in employment of minority and female lawyers, according to rankings released last week by the American Lawyer.

Jul 3, 2024 12:41 PM CDT

How to create a legal tech budget

As the legal landscape becomes more technological, law firms are struggling to devise a potentially robust legal tech budget. But this cost-value equation is a complicated one. Worried about having enough funds to devote to legal tech? It’s time to set a budget.

Jul 1, 2024 9:13 AM CDT

How midsize firms are achieving growth through adaptation

These firms are ‘ceiling smashers’ for having highest percentage of women in equity partnerships

Are insurance defense firms in ‘aggressive hiring mode’? New hires sought amid salary disadvantage

‘Professional development strategy’ is reason for delayed start date for associates, midsize firm says

Law firms are seeing ‘significant resurgence’ in financial health, new report says

Can partners afford to leave their BigLaw firms? Some discourage departures by withholding cash

Software company Clio announces $900M investment

Fennemore aims to expand talent pool with new remote-work program

After lawyers exceed status-letter limit by ‘whopping’ 70 pages, judge sees echoes of fictional Jarndyce case

This law firm increased revenue by about 139% in 5 years while raising partner profits

These law firms topped rankings for minority, female and LGBTQ lawyers

How to create a legal tech budget

Former McElroy Deutsch CFO pleads guilty to embezzling more than $1.5M from firm

Larger law firms had ‘buoyant performance’ in first quarter of 2024; revenue, demand and rates are up

With addition of 17 lawyers, Baker McKenzie picks up most of this firm’s corporate team

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