Taft moves to single-class partnership structure

Taft Stettinius & Hollister LLP announced Wednesday the firm has adopted a new one-class partnership structure. This move eliminates the two-tier system — equity and non-equity — that had been in place at the firm for more than a quarter-century.
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Study: Many law firms unprepared for future challenges

Are law firms simply fighting the last war? Are they preparing for the future, or are they stuck in the past? Those questions are at the center of a report released Thursday that focues on stagnating demand growth, declines in productivity and a rise in expenses.
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Law firm outlook for 2018 focuses on strengths, retaining talent

Major Lindsey & Africa, a recruitment and consulting firm for the legal industry, has released its 2018 Industry Outlook report outlining what law firms can expect in the new year. In short, law firms will remain under increasing pressure to keep costs low and productivity high, so firms are expected to focus on core strengths and retaining key personnel.
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