Kirkland, Winston Outpaced Miami’s Recent Am Law 100 Entrants on Head Count Growth

Among the new Am Law 100 firms to enter the Miami market, Winston & Strawn and Kirkland & Ellis have shown the most remarkable growth. The number of attorneys at King & Spalding decreased, despite the firm opening an office in Miami in February 2022. The number of employees is just one of several indicators…

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A Double-Edged Sword: How Law Firms Can Make Their Bonus Systems Work For Them

Every legal firm has a clear goal for its bonus structure: to keep the best employees, to reward the best employees, and to discourage partners from leaving. This relatively simple set of objectives is really not met by the bonus schemes of a sizable portion of law firms.

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Snapping Back from a One-Year Decline, Pro Mid-Market 50 Revenue Grows 5.4%

In 2024, the average revenue of the 2025 Pro Mid-Market 50 grew by 5.4%. Although that reverses a 2023 decrease, the average growth rate of 5.4% still lags behind the Am Law 151-200 firms. While the number of lawyers decreased by 3.4%, the firms’ average revenue per lawyer increased by 7.9%. In 2024, the top…

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Hughes Hubbard Adds New CIO, as Law Firms Eye Innovation

As Am Law 200 firms continue to look to artificial intelligence and other technologies as significant sources of innovation, Hughes Hubbard & Reed’s new chief information officer, who joined the company from Proskauer Rose, has ambitions to make legal technology a focal point of the firm’s long-term strategy.

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Focus Turns to Fenwick & West in the FTX Investor MDL

The plaintiffs have focused on a single law firm that they claim helped FTX grow and covered up its flaws. U.S. District Judge K. Michael Moore is currently considering a move to dismiss and a request for permission to amend the complaint. The lawsuit allegedly pits accusations of supporting widespread fraud against institutional trust in…

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Has the President Filed His Last Executive Order Against Law Firms?

The President’s executive orders against legal firms are the subject of a lawsuit filed by the American Bar Association, which the Trump administration is attempting to have dismissed. According to the administration, the lawsuit is premature and the ABA lacks standing to bring it. The administration claims that Trump is not permitted to issue any…

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