Bryce Legal Career Counsel’s Post

"Some midsize law firms, such as Rochester, New York-based Harter Secrest & Emery and Grand Rapids, Michigan-based Warner Norcross and Judd, retain the model, resisting pressure to change, because, firm leaders say, they see the benefits of collaboration and client service. Leaders at these firms also said they have no intention of changing their systems, despite the pressure, after having this partner pay model for over 50 years." (The New York Law Journal) https://lnkd.in/eazYSGi8 #lawpartner #biglaw #midlaw #legalsalary

Partridge Snow & Hahn has earned top-tier rankings in the 2025 "Best Law Firms®" list, reflecting our dedication to excellence in the Rhode Island and Boston legal markets. This recognition spans multiple key practice areas, including Banking and Finance, Corporate Compliance, Employment Law, Real Estate, and more. It is a testament to the trust that our clients and peers place in our work and commitment. Congratulations to our exceptional team and many thanks to those who support us! https://bit.ly/3NVnchp #BestLawFirms #LegalExcellence #PSHLaw #BestLawyers

The landscape of law firm partnerships is evolving. Instead of promoting lawyers to the equity ranks or retaining them as associates or counsel, there's a significant shift towards creating more salaried partners. Here's what this means: 💡 The Shift: Over 49% of partners at Am Law 100 firms are now nonequity partners, and their ranks have rapidly increased. These lawyers enjoy partner titles and benefits but don't share in the firm's profits or losses. 💡 Implications for Firms: This shift can impact leverage, profits, and firm culture. Firms like Gibson Dunn, Fried Frank, Vinson & Elkins, Willkie Farr and others are expanding their nonequity tiers, with last year's growth in nonequity partners surpassing that of associates and counsel. 💡 Challenges: Law firms face challenges with the increasing number of nonequity partners, including ensuring they generate enough revenue to justify their compensation and managing their career growth and expectations. This shift can also impact firm culture and loyalty, potentially creating a divide between equity and nonequity partners. Additionally, firms must balance promoting partners to equity status with maintaining overall profitability and cohesion. Needless to say, it will be interesting to see how this trend plays out over the next 5-10 years. #LegalRecruiting #BigLaw #NonequityPartners #LawFirmStrategy #AmLaw100 #LegalIndustry #LawFirmCulture

We are pleased to announce our firm has been recognized in the 2025 edition of the Best Law Firms®, earning Tier 1 honors in nine areas of practice for the Washington, DC metropolitan area. Read our official announcement: https://lnkd.in/ep6xUyHp #AppellatePractice #CommercialLitigation #EminentDomain #landuse #zoninglaw #realestatelaw #constructionlitigation #insurancelitigation #realestatelitigation #trustsandestateslitigation #litigation #appeals #appellatelaw #landuselaw #marylandlawyers #marylandattorneys #marylandlawfirm #lawyers #attorneys #eminentdomainlaw Best Lawyers Best Law Firms

Birketts has been voted for in the Roll on Friday's Best Law Firms to work for and came 5th - see the full results here https://lnkd.in/epTxZttf #bestlawfirms

Legal disputes among LLC members or shareholders in New Jersey often depend on equitable principles. In this blog post, Kevin O'Connor, P&A partner, chair of the firm’s Business Litigation practice, and vice chair of the firm’s Labor & Employment practice, explains how these principles influenced a recent case to demonstrate why keeping your ‘hands clean’ is crucial in litigation. #construction #constructionlaw #PeckarAbramson

💼💰 The race for "rock-star" legal talent is driving hourly rates to new heights—some firms now bill up to $2,500 per hour! While elite firms compete fiercely for top lawyers, clients are voicing concerns about sustainability and cost-effectiveness. Some general counsels are shifting toward boutique firms or bringing legal work in-house to manage rising fees. The question remains: Is the premium worth it? 🧑⚖️⚖️ Fascinating article in The Wall Street Journal #LawFirmRates #LegalIndustry #BigLaw

At Sargent Law Firm, teamwork is at the core of our success. Our positive office culture fosters collaboration, respect, and mutual support among our staff, allowing us to combine our diverse skills and expertise to achieve the best outcomes for our clients. Our goal is to make a meaningful difference in the lives of those we represent. 🌟 #SargentLawFirm #PersonalInjuryLawyer #CaliforniaLawFirm #IdahoLawFirm #PersonalInjuryLaw #InjuryAttorney #LegalHelp #JusticeForAll #AccidentClaims #IdahoAttorney #CaliforniaAttorney #Compensation #InjuryLawyer #LegalAdvice #LawFirm #InjurySettlement #LegalAssistance #LegalSupport #InjuryRights #ClaimYourRights #LegalServices #SeekJustice

How long will clients pay the rates that the top law firms command? As long as they believe they are getting value for the rates charged. This isn't just another media report about law firms constantly raising their rates, or about clients being constantly frustrated and pushing back on the increases. It's also about law firms being pressed to show how they work efficiently, demonstrate the highest level of professionalism and responsiveness, leverage technology, bring unique expertise, deliver results that are worth the costs incurred, and offer fee arrangements that aren't exclusively tied to the billable hour. Sounds pretty much like the evidence that every client wants to be able to see. That kind of client service delivery is always what is and should be expected from attorneys, regardless of the rates they charge. Or from anyone marketing their services. What makes your work unique? What do you bring that competitors don't? Why does someone need it? How will they benefit from it? What have you done to date for them that shows a good return on cost? And can you be trusted to deliver on what you have promised to do next? If you can't define your offering -- and rely instead on claims simply that talent costs are rising and therefore they have to be passed on to customers -- you're going to lose out, even if you're a rock-star lawyer in a rock-star firm. #biglaw #lawfirms #rainmakers #lawfirmbilling #lawyerbillablerates #attorneys #lawyers #lawfirmleaderhip #inhousecounsel #legalops #legaloperations #lawfirmAI #legalservicesvalue #AFAs #alternativefeearrangements #billablehours #lawfirmcompensation #lawfirmpay

Join Stephen Mabey on Friday 3 May for his presentation on two critical issues that law firms need to tackle: effective strategy development for your firm, and partner compensation systems. Register today for How to Start, How to Run & How to Succeed in a Law Practice: https://lnkd.in/ghfd_a4Q #VancouverLawyer #BCLegal #BCLaw #LegalEducation www.appliedstrategies.ca