The NLJ 500 is the National Law Journal's survey of the 500 largest law firms in the United States covering the previous calendar year. June 23, 2020 at 08:55 AM 2 minute read ...

McPherran's innovation lies in adapting this retail-born framework across verticals, each with its own definition of "assets.

While there are more subtle aspects to law firm structure, and individual firms do differ by size and firm culture, ... In large firms, managing partners don’t run the firms by themselves.

That type of law firm structure, similarly employed by some other distributed, partner-heavy law firms, generally allows lawyers to take home a higher portion of fees charged to clients.

It’s time to stop pretending that the $300B U.S. legal industry is anything but big business. All legal providers—including law firms-- should be able to operate from a corporate structure.

Large law firms are hampered by two things. Their structure and their culture. These are partnerships, run for lawyers by lawyers. In the industry's clubby old days, when attorneys would stay with ...

The Big Four structure is remarkably similar to most large law firms who operate under a single brand name but whose partner interests often diverge along economic, practice area, geographical ...