Search Results for: law firms
KPMG: Big Four player poses new threat to law firms
June 2nd, 2015
KPMG is growing its legal arm beyond tax, threatening to become a major player in the legal services market. Speaking to Lawyers Weekly, Jeremy Geale, the head of KPMG’s tax controversy team, said the Big Four firm is boosting the ...
Big Law Firms Winning More of Intellectual Property Work
May 20th, 2015
As disputes over patents, copyrights, trademarks and trade secrets have grown, the nation’s biggest law firms have wrested away much of the lucrative intellectual property litigation work from smaller boutique firms. Last year, the 50 largest firms had 61 ...
Law firms struggle with over-capacity and new competitors
May 14th, 2015
Although the recession has eased and business levels and confidence is noticeably higher, law firms are still battling for growth in the face of competition from the profession and from external organisations. Altman Weil’s seventh annual Law Firms in ...
Law Firms Have Room to Improve, General Counsel Say
May 12th, 2015
Attorneys at law firms have work to do, a new survey of general counsel worldwide has found. While lawyers “were making more effort to understand business needs and communicate better with their clients,” 127 chief legal officers said that ...
Number of law firms planning to raise charge out rates increases
May 7th, 2015
Third of commercial firms likely to raise rates in bid to boost profits, despite continued client pressure on fees The number of commercial law firms expecting to overcome customer resistance and increase charge out rates over the coming year ...
Law firms prepare to mimic corporate client structure in future
April 24th, 2015
The big trend expected to spread across many law firms in the next five years is a move to the corporate structure used by many of their clients – a shift from the last five years in which the ...
ICO probes 173 law firms over data protection breaches
April 16th, 2015
Dozens of law firms were investigated by the information commissioner for potential data breaches in 2014, new figures have revealed. A freedom of information request by Egress Software Technologies revealed that the Information Commissioner’s Office investigated 173 UK firms ...
Legal Revenue Grows as Elite Law Firms Set the Pace
April 6th, 2015
Tech sector, M&A fees help to make 2014 law industry’s best year since recession Last year, on average, was the best year for law firms since the recession. But averages can be misleading. Revenue at large, corporate law firms ...
Citigroup Report Chides Law Firms for Silence on Hackings
March 31st, 2015
Every month it seems another American company reports being a victim of a hacking that results in the theft of internal or customer information. But the legal profession almost never publicly discloses a breach. The unwillingness of most big ...
Efficiency failures putting UK law firms at risk
March 18th, 2015
Flat profit margins and high lockup weakening financial stability, survey finds Small to mid-sized UK law firms have enjoyed a year of sustained economic improvement, according to a new financial benchmarking report. The survey found that, while fees and ...
