Non-Practicing Lawyers — Visible And Invisible

Non-Practicing Lawyers — Visible And Invisible

We believe there are about 1,000,000 non-practicing lawyers (NPLs) in the US. It is impossible to know with absolute certainty as the ABA and state bar associations do not accurately track this. Some state bar associations, such as New York State, offer an option to...
ClearyX Bets That Biglaw Disruption Is Inevitable

ClearyX Bets That Biglaw Disruption Is Inevitable

Cleary Gottlieb makes its money billing clients for legal tasks. Cleary Gottlieb also owns a subsidiary, ClearyX, building tools to help clients handle those tasks on their own — and to do them cheaper and faster. In ordinary times, firms don’t cannibalize their own...
Partners At This Biglaw Firm Took A Haircut Last Year

Partners At This Biglaw Firm Took A Haircut Last Year

Ed. Note: Welcome to our daily feature Trivia Question of the Day! According to ALM data for the latest Am Law 200 ranking, which Biglaw firm’s profits per equity partner (PEP) decreased the most last year? Hint: PEP fell 13.43% at this firm. See the answer on the...