Attorney pay

Law firm profits take a hit after blockbuster year

New report on law firm finances highlights the toll of rising attorney compensation. It also points to a gradual slowdown in demand for corporate work, while litigation ticked up.

Latest Stories

Industry Buzz

–  It doesn’t take an astute observer to notice a pattern in law firm names: White Guy, White Guy & White Guy. Until recently, bar rules in several states prohibited law firms from using trade names, limiting them to identifying themselves by the names of partners. With many state bars scrapping such rules, should law firms switch to more catchy descriptors?

 –  Law students might be warming to the prospect of online classes, but the jury is still out on whether remote learning will outlive the pandemic. A survey by Gallup and the AccessLex Institute found that students still prefer in-person classes to remote instruction. The gap, however, has narrowed, in part, due to schools improving their online offerings over the last couple of years.

Attorney Analysis

  • Attorney Analysis
    Can blockchain offer solutions for cross-border trade and supply chain disruptions?

    Mark Ludwikowski, Maram Salaheldin

  • Attorney Analysis
    Brand owners should get TM versed in the metaverse

    Mike McArthur, Ellie Sowanick, Lyric Stephenson

  • Attorney Analysis
    Navigating the hazard of rising violence in health care facilities

    Abbye E. Alexander, Christopher J. Tellner, Talya Van Embden

Connect with Reuters Legal