May 08, 2024 View in Browser

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Mid-Market Daily Update

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A Message From the Editor

Demand for litigation practices continued to carry the bulk of law firm profitability in the first quarter of 2024, particularly in Am Law Second Hundred and midsize firms, where litigation demand jumped 5.2% and 4.7%, according to research by the Thomson Reuters Institute.

If you have any thoughts or questions, reach out to our editorial team: Justin Henry (juhenry@alm.com), Dan Roe (droe@alm.com), Alexander Lugo (alugo@alm.com), David Gialanella (dgialanella@alm.com) and Sarah Tincher-Numbers (stincher@alm.com).

– Justin Henry, Business of Law Reporter

Law Firm Profitability | Analysis

Report: Uptick in Litigation Demand Highlights Strong First Quarter for Large, Midsize Law Firms

By Ross Todd

The Thomson Reuters Institute reports that demand for litigation services was up 3.8% year-over-year... Read More

Class Actions | News

Par Funding Receiver Urges Judge to Approve $45M Settlement With Eckert Seamans, Freeze Out Objectors

By Amanda O'Brien

The proposed settlement would max out the firm's insurance limits and ultimately net $37 million for... Read More

Law Firm Management

Midmarket Firms Based in New York and Connecticut Combine for Greater Shared Presence in Northeast

By Andrew Denney

If approved by a vote of partners from both firms, the operating agreement for the combined firms will... Read More

Law Firm Client Relationships | Analysis

Burr & Forman Uses Intelligence, Events to Gain Client Foothold in New Markets

By Thomas Spigolon

"If we're entering a new market as Burr & Forman, we need people to know the name and the brand of the... Read More

Law Firm Hiring | News

Ex-Quinn Emanuel Sports Practice Leader Lands at Bilzin Sumberg

By Justin Henry

Robert Raskopf took two years out of the law firm world starting in 2021. He's previously represented... Read More

Law Firm Management | Q&A

Getting to Know You: Feature Your Firm in Mid-Market's Q&A Series

By David Gialanella

The Mid-Market Report's Q&A series helps readers get to know midsize law firms around the country, and... Read More

Save the Date

Mark Your Calendar | Legalweek Heads Back To March For 2025

Described as the "best gathering place for many of the leading legal minds across the industry," Legalweek returns to New York City, March 24-27, 2025! Save the date for this week-long legal event where you’ll dive deeper into your professional development, explore topics and strategies tailored specifically to your role, and gain the tools to get legal business done. Registration is coming soon! Learn More

Resources

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Sponsored by: ArmadaCare

Learn how Ultimate Health can be used as a powerful tool to open doors, stand out from the competition and solve clients’ top HR challenges related to coverage, retention, recruitment and compensation. Learn More

WEBCAST DATE: June 6, 2024

Future-Proofing the Legal Team in the New AI World

Join this webcast on the transformative potential of GenAI for contract management. Learn More

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A Mayer Brown Divorce in Greater China: Who Wanted it More? | Law.com International

When news broke that Mayer Brown was splitting up with its Greater China practice, it was not just another... Read More

My Experience of Working as a Mother in Big Law | Law.com International

'I was constantly asked when I was leaving the firm. I wasn’t. I was often asked if I was leaving early... Read More

Columbia Grad Students Arrested, CUNY Law School Commencement Speakers Backout | Law.com

A look at the latest challenges facing New York law schools, including at Columbia, CUNY and NYU. Read More

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