Washington-based law firms showed a solid increase in gross revenues during 2011, according to the latest Am Law 100 survey, released Friday. Nine D.C.-based firms landed on the list this year, with all showing modest revenue increases, with the exception...
Despite a less than 1 percent increase in gross revenues and a drop in many key financial indicators for Akin Gump Strauss Hauer & Feld in 2012, outgoing firm chairman R. Bruce McLean isn't concerned. McLean said Akin felt "pretty..... Read Post
2011 Law Firm Billing Survey: The 2011 Law Firm Billing Survey shows that modest annual billing rate increases are here to stay. Karen Sloan reports that for the third year in a row, law firms showed restraint with hourly rate... Read Post
ALM Legal Intelligence published its annual Survey of Law Firm Economics, which found that average revenues at U.S. law firms declined more in 2011 than in any year since the survey began tracking that metric in 1985. After falling ... Read Post