Facts & Figures: Corporate counsel report increased litigation, regulatory investigations

From law firm profits to part-time lawyers, an inside look at the numbers that count

Looming Litigation

In-house counsel dealt with more litigation and regulation headaches in 2012, and most corporate attorneys expect that trend to continue in the coming year, according to Fulbright & Jaworski’s 9th Annual Litigation Trends Survey. After declining in 2011, litigation rose for both U.S. and U.K. companies last year, with labor and employment lawsuits and contract litigation leading the way domestically.

Rising Revenues

Early indicators show that 2012 was a profitable year for top U.S. law firms, according to numbers collected by The American Lawyer. Last month, 45 of 200 firms had responded to the publication’s survey, and the results showed average growth in profits per partner (PPP) and revenue last year.

Part-Time Positions

Women lawyers lag behind their male counterparts when it comes to reaching the upper echelons of law firms and legal departments. But they’re surpassing men when it comes to working part-time, according to a new study from the National Association of Legal Career Professionals.

Supporting Suits

A fear of meritless private antitrust suits has driven some courts to raise the procedural barriers for bringing such cases before a jury. But antitrust suits aren’t wholly without defenders, if an academic paper from two law school professors is any indication.

Editing Expectations

U.K. law firms saw modest growth last year, but a slow quarter ending Jan. 31 has caused the country’s top 100 firms to lower their 2013 earnings expectations, according to Deloitte’s Quarterly Legal Sector Survey. Jeremy Black, a partner at Deloitte’s professional services practice, partially attributed the revised expectations to domestic competition and a challenging economic climate.

Alanna Byrne

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