Law firm news by topic » Revenue

Osborne Clarke awards 2% bonus firm wide

May 21, 2014 Osborne Clarke has made a firm-wide bonus at 2 per cent of salary. The bonus is the result of the firm exceeding its revenue target for the financial year, which automatically triggers the distribution of 15 per cent of…

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Washington firms outperform US counterparts

May 15, 2014 Law firms in Washington DC are doing much better than their counterparts in other US cities, according to a quarterly report released by Citi Private Bank Law Firm Watch. In the first three months of 2014, Washington…

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US top 100 firms record record revenues in 2013

May 6, 2014 The total revenue for the 100 largest US law firms was $77.4 billion last year - a record figure that was 5 per cent higher than the previous year. The figures were reported by American Lawyer magazine, which points…

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Billing report shows rates are up, hours are down

Mar 27, 2014 Corporate clients bought fewer hours from law firms in 2013, though they paid more for what they bought, according to the latest LegalView Legal Market Index, which is produced by data firm TyMetrix. The number of legal…

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