Law Firm Profitability

Forum Magazine Exclusive: Dealing with the Unprofitable Partner

In today’s legal environment, where pricing pressure and client demands have placed firm profitability under the microscope, law firms can no longer avoid the tough…

Forum Magazine May 09, 2016

Forum Magazine Exclusive Infographic: The Re-Emergence of the Big 4 in Law

Forum magazine realizes it is now common knowledge that the global market for legal services has become increasingly competitive. What is less well-known is that a…

Forum Magazine May 04, 2016

Alt.Legal Podcast with Ralph Baxter: On Becoming an Agent of Change within your Legal Firm

Alt.Legal is a podcast hosted by Joe Borstein and Ed Sohn, the successful columnists of the alt.legal blog on Above the Law.  For their inaugural…

Legal Managed Services May 04, 2016

Legal News Analysis: Lateral Hiring Still Booming, But Should It?

Partner poaching ain't new — though it may be less frowned-upon. Today, however, it is more expensive and potentially less profitable in the long term.…

Erin Arvedlund May 03, 2016

PMI Rises in First Quarter: Biggest 1Q Demand Gain Since 2012

EAGAN, Minn. — The Thomson Reuters Peer Monitor Economic Index (PMI), which measures the relative health of the large law firm market, rose two points…

Peer Monitor May 02, 2016

Am Law 100 Rankings: Is Big Law Starting to Feel the Growth Slowdown?

Few legal industry watchers can say this came as a surprise: Yesterday’s release of the always anticipated The Am Law 100 rankings by The American…

Thomson Reuters Institute April 27, 2016

Litigation Trends: Lawyers See “Bet the Company” Cases Increasing

It’s become old news that demand for litigation services at law firms has been declining for the past several years now; and unfortunately, the first…

Gregg Wirth April 26, 2016

Podcast: Reorganizing Your Midsize Firm for the Future

Many firms follow the “barbershop model” – an organizational structure that rewards individual behavior but often results in isolated practice areas with weak cross-selling activity…

John Remsen, Jr. April 26, 2016

NatWest Law Firm Benchmarking Report: UK Law Firms Need to Look Inside for Growth

LONDON — Not only does the start of April see the onset of spring (and in my case, the first BBQ of the year), it…

Chris Jeffery April 25, 2016

Asian Legal Market Perspective: Top Innovative Law Firms in the Asian Region

In its inaugural innovation list, Thomson Reuters’ Asia Legal Business named the Top 10 law firms across the Asian region that are using innovation to…

Asian Legal Business April 21, 2016

Benchmarking: Knowing Where Your Firm Stands

The idea of knowing where you stand in the business world is hardly new, but it is one with which the legal industry has struggled…

Bill Josten April 12, 2016

White Paper: The Alphabet Soup of Law Firm Pricing

The intricacies of law firm pricing and the use of alternative fee arrangements (AFAs) are examined in this new white paper, entitled The Alphabet Soup…

Frederick J. Esposito, Jr., MBA, CLM April 11, 2016