Major law firms have been raising prices at double-digit rates. Latham & Watkins has said its top billing rate will exceed $3,000 an hour in 2026. Higher billing rates have been the crucial driver of ...

Emerging reports on 2023 indicate that last year was a great one for midsize firms. Demand shifted to the middle market from larger firms, and realization rates held stronger than they did for Big Law ...

Many law firm owners and managers want to grow or scale their firms. If they can increase their firm, they can pay themselves and their employees more. With more income, law firms can do other great ...

As Big Law keeps getting rewarded for pushing large rate hikes, analysts and consultants say midsize firms are leaving money on the table. Emerging reports on 2023 indicate that last year was a great ...