Pirical

Pirical Data Insights | What's hot and what's not? Practice growth in the AM Law 100 🔥🔍 Find out which practices are on the up, which have been shrinking and which US cities have had the highest growth. What’s hot 📈Cybersecurity, Privacy & Data Protection 📈 M&A What’s not 📉Insurance Litigation 📉 Antitrust Litigation Read the article to see the full analysis and subscribe for fresh & original legal market insights 📊 #LegalInsights #LawFirms #AMLaw100

As the team at Miles Partner Placement grew, they needed a search database with more accurate and in-depth data that could help them build client relationships quicker. Since making the switch, Pirical Legal Professionals (PLP) has become an integral part of the team’s workflow: 📇 Providing comprehensive bios on attorneys all over the world 🕜 Saving hours of time when gathering information & building relationships 🔍 Unlocking the ability to carry out very specific candidate searches We’re thrilled to share our latest customer story, a huge thanks to Gary Miles for taking part! 💚 🔗 Read the full customer story: https://lnkd.in/eXeCTpky #LegalRecruitment

There’s been some exciting growth in the Boston legal market recently! BigLaw firms have been growing rapidly and opening offices to tap into the city’s tech and biotech industries. We’ve taken a closer look at where this growth has been occurring. Some of the key highlights: 13 major firms have opened offices there since 2020 🏢 Among the largest legal hubs in the United States, Boston has had the highest growth in Partner headcount (+15%) 📈 Corporate (+24%), Intellectual Property (+22%) and Insurance (+22%) are the fastest growing practice groups 📊 Read the article to see the full analysis and subscribe for fresh & original legal market insights! #Boston #LegalInsights #BigLaw

Last week marked the 2nd edition of POD Pioneers, our latest gathering of Pirical On Demand (POD) customers for a day of product updates, networking and plenty of cake. 5 key takeaways from the event: 🍰 1. Law firms are keener than ever for business leaders and HR Business Partners (HRBPs) to ground their everyday in data New senior hires are coming into law firms from outside the legal sector with higher expectations that data will be at their fingertips and lower appetite to make decisions without data. 💚 2. Showing what’s possible with data will increase appetite for more data One firm showed an example project where they zoomed in on attrition but used the project as a showcase of new data capabilities. Internal stakeholders began to be more curious around this HR data, asking questions like “I didn't know we could provide this, what else can we do?” 🍷 3. Spending 500 hours mastering your data will help drive lasting organisational change "If you're a diversity leader, you can't just rely on a data analyst to summarise what you need to know. You need to have spent the time yourself - I think I've spent like 500 hours in POD or something - getting to grips with our data. What's interesting about it, what I want to look into next etc." 🌎 4. Long-term strategic planning doesn’t work without good data Gathering named-firm competitor data would usually involve manually looking through websites and 'counting heads' to see where firms have been growing. We discussed Pirical's new legal market intelligence tool, PLP Strategy, which solves this gap in the market. 🧑💻 5. General Counsel (GCs) want law firms to back up their claims of diversity progress with hard data We looked at how a law firm used evidence of the organisation’s DEI improvements to stand out from its competitors and build a strong high-trust relationship with a valued client. #LegalPracticeManagement #Legal #HR #Diversity #PeopleAnalytics Read more https://lnkd.in/eQsrZTCV

This week we hosted the 2nd edition of POD Pioneers, bringing together an amazing group of Pirical customers for some panel discussions, networking and plenty of cake 💚🎉 We had fascinating sessions on how law firms are using HR and diversity data to effect lasting change, solve complex issues and achieve strategic wins. A huge thank you to all our speakers Julie Cupit, Beatriz Lander, Greg Jackson, Bola Gibson and everyone that came! #PODPioneers #PeopleAnalytics #AwesomePeople

We're at LegalTechTalk soaking up all the exciting innovation that's happening in legal tech 🚀 On Friday afternoon Jenny Burton-Johnson will be showcasing Pirical's latest innovation in legal tech, our new market intelligence tool. Make sure not to miss it! #LegalTechTalk #Innovation

Grateful to Katie McIntyre and Darwin Conner of Eversheds Sutherland USA for sharing their experience of using Pirical On Demand (POD) to fill out Diversity, Equity and Inclusion (DEI) surveys in just a few clicks. The Eversheds team values: 💚 Fast and accurate responses that keep clients happy. “Money is on the line when it comes to these surveys” 📈 Making data from multiple systems "more accessible" for internal and client purposes ⏱️ "Now it takes two clicks and a maximum of 15 minutes", saving weeks and weeks of time Supported industry and client templates on POD now include: MCCA (Minority Corporate Counsel Association), American Bar Association Model Diversity Survey, General Counsel for Diversity & Inclusion (GCD&I), Diversity Lab Diversity Dividends and dozens more. #LawFirmDiversity #LegalPracticeManagement #DiversityReporting #ESG Read the full customer story https://lnkd.in/eeRkzPYq

Recently, Bloomberg Law published an interesting article looking at Kirkland & Ellis's projected revenue growth over the next 10 years: https://lnkd.in/dCkRk25r Spoiler - should the firm maintain the same level of astonishing growth they’ve achieved in the last 10 years, they’ll be generating $22 billion in annual gross revenue by 2032! This made us wonder 🤔 • Has Kirkland been growing its revenue at a faster rate than its Partner headcount? • If the firm continues to grow at the same pace, what would their projected Partner headcount numbers look like? Results 📊 Kirkland has grown gross revenue (+14%) faster than its Partner headcount (+9%) over the last 5 years. Should Kirkland maintain the same level of average Partner growth over the next 5 years, they will overtake DLA Piper as the AM Law firm with the largest Partnership. #LegalInsights Source: Pirical Legal Professionals, using publicly available data

Yesterday A&O Shearman officially went live! Today the new firm officially goes live on Pirical Legal Professionals 🚀

Last week, Troutman Pepper and Locke Lord LLP confirmed they had opened merger negotiations. If successful, the combination would create a law firm… 💼 Of around 1,600 lawyers  💵 With more than $1.5 billion in revenue 📈 In the top 30 of the AM Law 100 This made us wonder, what would the merged firm look like, and which offices & practices would see the most growth? So we mapped it out! #LegalInsights #AMLaw100 #Merger Source: Pirical Legal Professionals, using publicly available data