• Features

    COVID-19: Economic Stimulus and SBA Loans

    Jacob Weichholz, Daniel Mayo and Chris DeMayo

    A summary of information on the various Small Business Association (SBA) loans that are available under the new federal economic stimulus package. Continually updated; last update May 26.

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  • Features

    2019 Was a Record Year for the Am Law 100 But What Will 2020 Hold?

    David Thomas

    After a 5% increase in gross revenue and 3% growth in revenue per lawyer, the Am Law 100 were in a good place at the start of 2020. Then a global pandemic started. Now what?

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  • Features

    Pension Plans Changes: Will Retiring Partners Shoulder the Risk?

    Dylan Jackson

    For some firms in the Great Recession, reduced revenues combined with the overwhelming pressure from multimillion-dollar pension liabilities — a holdover from the days when pensions were simply a promise firms made to retiring partners — were too much to bear. But with the Great Recession now a decade in the past and another recession brewing, has the industry learned from its mistakes?

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  • Features

    How a Law Firm’s Comp System Affects Profitability and Partner Satisfaction

    Hugh A. Simons

    Compensation systems are typically a strategic afterthought, seen as the means by which to allocate the spoils of a successful strategy. They’re viewed as affecting the level of grousing among partners, but not a firm’s performance. The data, however, indicates the reverse is true.

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  • Features

    How to Survive (and Even Thrive) During and After the COVID-19 Lockdown

    Valerie Chan

    The ability to adapt, be nimble and pivot as necessary is crucial to surviving and thriving in ever-changing economic climates. Communicating in the age of social distancing requires a new way of thinking and being — not just in the virtual workplace with our peers but also how we communicate and partner with our clients.

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  • Features

    Adopting COVID-19 Cuts, Law Firms Balance Image and Economics

    Patrick Smith

    Firms Are Applying Communications Lessons from the Great Recession As They Deliver Bad News During the Coronavirus Pandemic.

    As firms echo their response to the COVID-19 crisis, they are also showing they learned from the experiences of a decade ago, including the negative effects of delivering cuts unevenly, clumsily or with unnecessary secrecy.

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