Practice Finance News Today

Winston & Strawn is offering its clients a lower-cost alternative to outsourced legal services that uses attorneys trained by the law firm for more routine legal tasks.

Law firms returned to profitability in 2023 as “worked rates” accelerated throughout the year, according to the Law Firm Financial Index report for the fourth quarter of 2023 by the Thomson Reuters Institute.

Quinn Emanuel Urquhart & Sullivan must disclose terms of judgment preservation insurance that it allegedly bought before distributing a $185 million fee award to partners, according to a U.S. Court of Federal Claims judge.

Lawyer head count is growing, while productivity is declining, according to a year-end survey of more than 130 larger law firms released this week by Wells Fargo’s Legal Specialty Group.

Enterprise Financial Services Corp (NASDAQ:EFSC) Q3 2023 Earnings Call Transcript October 24, 2023 Operator: Thank you for standing by. At this time, I would like to welcome everyone to the Enterprise Financial Services Corp Third Quarter 2023 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ […]

Operator: Thank you for standing by. At this time, I would like to welcome everyone to the Enterprise Financial Services Corp Third Quarter 2023 Earnings Conference Call.

This article is the third in a series that explores legal tools for law firms to increase profitability. Previously, we discussed time-tracking software for lawyers and legal billing software.

Former federal appeals Judge Richard Posner must face a lawsuit alleging that he never paid a promised $120,000 annual salary to an employee who co-led a pro se center for nearly a year and a half.

Ari Kaplan recently spoke with David Perla, the co-chief operating officer at Burford Capital, a litigation funding company and a leading provider of legal finance.

Litigation funding company Burford Capital would receive about $6.2 billion under a federal judge’s order requiring Argentina to pay likely damages of about $16 billion for its 2012 seizure of an oil and gas company.