New starting dates stick
First-year associates who start work in September fall mainly on the expense side of a law firm’s balance sheet for that fiscal year. Did that fact go through the minds of the many law firm leaders who...
View ArticleThe Big 50 shuffle: State’s largest firms lose 87 attorney positions; four...
A mixed bag of headcount additions and declines at the state’s largest law firms rearranged the Big 50 rankings.
View ArticleContingency fees take edge off uncertainty
They’re risky by nature, but two contingency fee cases helped provide a gold-plated shelter for two MOney 20 firms in dicey economic times.
View ArticleLeaner firms pull in profit; revenue lags
Cut some travel here, skip an update in technology there and hire fewer new associates. The result? A leaner and more profitable law firm even when revenue is flat or changes only marginally.
View ArticleLeaders say shrinking firms are more efficient
Thirteen firms on Missouri Lawyers Weekly’s MOney 20 rankings were operating with fewer attorneys in 2010. But less can mean more. Law firm leaders say the changes last year resulted in more productive...
View ArticleForecast: Business up, but not prices
Even if the economy perks up in 2011 — which law firm leaders are anticipating to varying degrees — some habits picked up during the Great Recession won’t change.
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