Law firms around the globe had reason to celebrate in 2024, as the industry posted some of its strongest financial results in recent memory. Across North America, Europe, and Asia, firms reported ...

General counsel say they've grown exasperated by law firms' continued lack of transparency, especially related to billing, a shortcoming that's making it increasingly difficult for them to justify ...

If you’ve ever wondered whether the grueling path to equity partner is worth it, the latest numbers have an answer — and it’s a resounding yes. Profits per equity partner are hitting record highs, ...

When a company focuses on maximizing shareholder value, it’s actively working to increase the wealth of its shareholders. This could mean boosting profits, increasing dividends or driving up the stock ...

In 1970, Milton Friedman famously wrote, "There is one and only one social responsibility of business--to use its resources and engage in activities designed to increase its profits so long as it ...

Wachtell, Lipton, Rosen & Katz becomes the first firm to crack the $6 million profits-per-partner mark, with average PPP of $6.6 million. For The Am Law 100 as a whole, average profits per partner ...

SEOUL, June 9 (Yonhap) -- South Korean chip giant SK hynix Inc. ranked first in operating profit among 1,000 major listed firms here in 2024, surpassing its longtime rival Samsung Electronics Co. for ...