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Law Firm Management

All articles tagged with #law firm management

law-firm-management2 years ago

Biglaw Firm's New Managing Partner Tackles Mass Attorney Defection and Lateral Moves.

Gregory Katz has been unanimously elected as the new managing partner of Lewis Brisbois following the departure of over 130 attorneys from the firm's employment practice. Katz, who currently serves as the firm's vice chair, managing partner of its New York office, and co-chair of its general liability and transportation practices, will lead the firm into the future after the decision made by Bob Lewis, the firm's co-founder and longtime chair, to step away from leading the firm.

via Above the Law|
#bob-lewis#law-firm-exodus#law-firm-management
law2 years ago

Biglaw Firms Accused of Gaming the System by Reducing Equity Partnership Ranks

Biglaw firms are "gaming" their profits per equity partner by shrinking the size of their equity ranks, limiting the number of lawyers who receive the bulk of their compensation through owning shares in the operation. This signals that law firm management is confident about its future, but it also implies that the path to equity partnership has become more difficult.

via Above the Law|
#biglaw#equity-partnership#law
law2 years ago

The World's 'Most Feared Law Firm' Undergoes Major Shake-up.

Quinn Emanuel Urquhart & Sullivan, the world's largest litigation firm, has undergone a shift in management as it faces challenges brought on by the COVID-19 pandemic. The firm, known for its singular and freewheeling approach, has formed a management committee for the first time in its history, and two co-managing partners have been appointed to work alongside founder John B. Quinn. The move comes after concerns were raised about the firm's financial health during the pandemic, and some partners believed changes were needed to the partnership, including raising the bar for entry and weeding out underperformers.

via Business Insider|
#covid-19#law#law-firm-management