Law firm news by topic » Recession

Washington DC law firms fall behind US average

Aug 29, 2013 Law firms in Washington DC have fallen behind the national average on a number of key metrics: revenue, demand, productivity and billable hours. A new survey by Citi Private Bank Law Firm Group examined data from 172…

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Is this the end of BigLaw?

Jul 23, 2013 This article By Noam Scheiber in New Republic, entitled ‘The Last Days of BigLaw’ is making waves through the blogosphere and beyond. The article points out that the golden age of the law firm partner saw the…

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Malpractice claims on the rise in the US

Jul 4, 2013 The number of malpractice claims against law firms is on the rise, along with the number of multi-million dollar payouts, according to a new study. Insurance broker Ames & Gough surveyed seven leading professional…

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US summer associate numbers drop

Feb 12, 2013 A new report published by the National Association for Law Placement (NALP) shows a drop in the summer associate recruitment figures in the fall of 2012, continuing a four year trend. The NALP report said: ‘Law…

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LSAT figures drop by 16.4%

Nov 25, 2012 October is usually a busy month for the LSAT - the Law School Admission Test, but last month the number of people taking the test dropped 16.4 percent from the year before, reaching its lowest level since 1999. The…

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Bigger isn't better in Washington DC

Aug 7, 2012 A survey of the law firms operating in Washington DC indicates that the “bigger is better” growth strategy might be a thing of the past. In fact, eight of the region’s 10 largest law firms maintained or shrank…

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US judicial salaries rise by 1% per annum

Jul 27, 2012 A new survey shows that judicial salaries in the US are increasing by a mere one per cent annually. The report, put together by the National Center for State Courts, looked at salary data between 2007 and 2012 in all US…

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US legal sector remains steady at 1.1 million jobs

Jul 9, 2012 The US legal services sector remained steady last month, with marginal gains of around 200 positions to reach 1.1 million jobs. Legal jobs have remained at around the same level since the start of this year, which is…

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US law firm mergers slow down

Jul 5, 2012 There were 25 mergers in the US in the first half of this year, up from 22 in the same period last year. The rate at which mergers are taking place does however seem to have slowed, with just five mergers in the second…

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At least 10 US law schools cut class sizes

Jun 12, 2012 At least 10 of the US’s roughly 200 law schools are decreasing their class sizes or have plans to do so, according to this article. The schools are eliminating revenue at a time when universities are still struggling…

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