To merge or not to merge?

Law firm mergers have always been tricky and history has shown they often don’t work very well. But there is an uptick in merger activity with 88 firms merging in the United States last year, according to a study by legal consulting firm Altman Weill. The reason...

Is the billable hour dead?

Many say the answer is yes. Recent reports show that a growing number of law firms and general counsel clients are seeking alternative fee arrangements and many firms have dumped the practice altogether, leaving lawyers to say a shift away from the billable hour is...