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profitability

Kirkland & Ellis Surpasses $7 Billion Revenue Mark, Yet Attention Shifts to Alternative Metrics

Kirkland & Ellis, the leading law firm in the nation, has achieved a significant financial milestone by surpassing $7 billion…

Wayfair’s Strategy: Leaner and Meaner Workforce

Wayfair, a leading home goods company, has undergone several rounds of layoffs, and its leadership claims these actions have significantly…

Legal Employment Growth in Top U.S. Firms Slows Amidst Changing Landscape

In response to a combination of stagnant client demand and a less active dealmaking environment, the largest law firms in…

U.S. Law Firms Adopt a Cautious Approach to First-Year Associate Hiring in 2023

In an endeavor to bolster profitability and counteract the persistent rise in direct expenses over the past three years, U.S.…

Global Drought in M&A Deals Results in Shared Pain for Law Firms

The first quarter of 2023 has seen the global mergers and acquisitions (M&A) market slump to its lowest level in…

Many Law Firm Partners Not Busy Enough

Summary: According to a recent survey taken by Altman Weil, too many law firm partners do not have enough work…

New York Firms Outperform Others in 2014

Summary: The most recent Am Law data shows New York firms again top the list when it comes to financial…

Cisco: 18% Growth in Profitability and Cutting 4000 Jobs

Cisco has improved profitability immensely, and it has just announced that it will cut 4000 jobs to become “nimbler amid…