Updated: A fired income partner at Thompson Hine has filed a gender bias lawsuit against the law firm alleging that a former vice chair of litigation ruled the firm’s New York office “like a toxic boys club locker room.”
Law firms returned to profitability in 2023 as “worked rates” accelerated throughout the year, according to the Law Firm Financial Index report for the fourth quarter of 2023 by the Thomson Reuters Institute.
Lawyer head count is growing, while productivity is declining, according to a year-end survey of more than 130 larger law firms released this week by Wells Fargo’s Legal Specialty Group.