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Philadelphia Business Journal

@philadelphia.bizjournals.com
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The Philadelphia region's source for local business news & events. Part of the American City Business Journals network.

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Philadelphia Business Journal @philadelphia.bizjournals.com · 45m
Introducing the second group of honorees for the 2026 Most Admired CEO Awards.
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Most Admired CEOs 2026: Announcing the second group of honorees
Introducing the second group of honorees for the 2026 Most Admired CEO Awards.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 1h
Can a dance party help fix what is becoming an endangered part of the workday?
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A workplace mainstay is disappearing
Can a dance party help fix what is becoming an endangered part of the workday?
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Philadelphia Business Journal @philadelphia.bizjournals.com · 1h
A new No. 1 and some big jumps highlight the latest Niche school district rankings. Here are the top 25.
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Main Line school district overtakes longtime No. 1 in local rankings
A new No. 1 and some big jumps highlight the latest Niche school district rankings. Here are the top 25.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 1h
There was a "glaring" lack of transparency as just 45% of institutions surveyed either provided or verified data on board diversity, the analysis found.
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Local eds and meds boards more diverse, less transparent, report finds
There was a "glaring" lack of transparency as just 45% of institutions surveyed either provided or verified data on board diversity, the analysis found.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 19h
A disappointing clinical trial sent shares of a local drug developer tumbling as it weighs what comes next for its lead product candidate.
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Local biotech firm's shares plunge 47% on setback
A disappointing clinical trial sent shares of a local drug developer tumbling as it weighs what comes next for its lead product candidate.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 20h
Jalen Hurts is expanding his off-field business portfolio with a new deal tied to textured hair care.
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Jalen Hurts adds hair care brand to growing endorsement portfolio
Jalen Hurts is expanding his off-field business portfolio with a new deal tied to textured hair care.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 22h
A once-mostly vacant property has found new life, and now a new owner.
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Montgomery County building sells for $50.5M after major renovation
A once-mostly vacant property has found new life, and now a new owner.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 23h
One of the biggest barriers to closing a deal on a home has gotten harder due to AI.
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AI is throwing a wrench into the home-selling process
One of the biggest barriers to closing a deal on a home has gotten harder due to AI.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 06/10/2026
The 50-50 joint venture with an international company will help healthcare organizations develop and operate proton therapy programs.
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Penn Medicine forms venture to help develop proton therapy centers
The 50-50 joint venture with an international company will help healthcare organizations develop and operate proton therapy programs.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 06/10/2026
After a nationwide search for a new leader, the Wistar Institute's board chair said the organization has found "everything we are looking for in our next president and CEO."
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Wistar Institute selects Penn researcher as its next CEO
After a nationwide search for a new leader, the Wistar Institute's board chair said the organization has found "everything we are looking for in our next president and CEO."
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Philadelphia Business Journal @philadelphia.bizjournals.com · 06/10/2026
Introducing the first group of honorees for the 2026 Most Admired CEO Awards.
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Most Admired CEOs 2026: Announcing the first group of honorees
Introducing the first group of honorees for the 2026 Most Admired CEO Awards.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 06/10/2026
For first-time homebuyers and people with poor credit, keeping up with monthly mortgage payments is getting tougher by the day.
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'Serious' delinquencies spike for high-risk homebuyers
For first-time homebuyers and people with poor credit, keeping up with monthly mortgage payments is getting tougher by the day.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 06/10/2026
Wawa is the only chain to lead two regions of the country, besting Sheetz in the Northeast and topping the popular Buc-ee's brand for No. 1 in the South.
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Wawa sees its score drop but stays ahead of Buc-ee's in annual ratings
Wawa is the only chain to lead two regions of the country, besting Sheetz in the Northeast and topping the popular Buc-ee's brand for No. 1 in the South.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 06/10/2026
The company estimates it will need $31 million to $39 million to bring its therapy to market. It plans to file for human testing approval in the first quarter of next year.
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Serial entrepreneur joins Penn spinout as CEO
The company estimates it will need $31 million to $39 million to bring its therapy to market. It plans to file for human testing approval in the first quarter of next year.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 06/10/2026
The acquisition is part of a "targeted strategic growth" strategy, according to the law firm's chairman.
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Philadelphia law firm makes its first acquisition in decades
The acquisition is part of a "targeted strategic growth" strategy, according to the law firm's chairman.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 06/10/2026
It is the second time in the last three months that the developer has secured a financing package for one of its multifamily projects in the city.
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Developer secures $36M in construction financing for 170 apartments
It is the second time in the last three months that the developer has secured a financing package for one of its multifamily projects in the city.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 05/10/2026
Pending federal legislation could provide small-business owners with an assist in the bankruptcy process.
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Bankruptcy rules for small businesses are set to change
Pending federal legislation could provide small-business owners with an assist in the bankruptcy process.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 05/10/2026
The health system opened the $62.6 million campus just over a year ago at a former cancer hospital site. It now has about 500 full-time workers.
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New women's hospital gives Temple a big baby bump in its first year
The health system opened the $62.6 million campus just over a year ago at a former cancer hospital site. It now has about 500 full-time workers.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 05/10/2026
The nearly 295,000-square-foot portfolio gives the investor its first foothold in the Philadelphia region, with plans for more acquisitions to follow.
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Real estate investor enters Philly market with 4-building Malvern deal
The nearly 295,000-square-foot portfolio gives the investor its first foothold in the Philadelphia region, with plans for more acquisitions to follow.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 05/10/2026
After a surge a year ago, SBA lending across eastern Pennsylvania has quickly changed course.
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SBA lending loses momentum across eastern Pennsylvania
After a surge a year ago, SBA lending across eastern Pennsylvania has quickly changed course.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 05/10/2026
Employers and employees don't view the value of AI skills the same way.
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There’s a growing disconnect on the value of AI skills for salaries
Employers and employees don't view the value of AI skills the same way.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 05/10/2026
Landlords and leasing agents are getting new messages from tenants on what companies want for their office space.
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Office features go sky-high
Landlords and leasing agents are getting new messages from tenants on what companies want for their office space.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 05/10/2026
The retail properties for sale are virtually all fully occupied and include 13 sites in Northeast Philadelphia, along with holdings in Bucks County and South Jersey.
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'Unheard of' 16-property retail portfolio hits the market
The retail properties for sale are virtually all fully occupied and include 13 sites in Northeast Philadelphia, along with holdings in Bucks County and South Jersey.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 05/10/2026
Today's workplace environment is impacting relations between employers and employees.
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Labor-relations strategies are being tested by workplace challenges
Today's workplace environment is impacting relations between employers and employees.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 04/10/2026
Just outside the immediate Philadelphia area, several prestigious private schools also rank near the top of the national list.
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2 Philadelphia-area private schools land among nation’s top 100
Just outside the immediate Philadelphia area, several prestigious private schools also rank near the top of the national list.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 04/10/2026
Pent-up demand is fueling a major new mixed-use development in Montgomery County that is already nearly fully leased.
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Whole Foods-anchored project with Toll Bros. homes underway in Montco
Pent-up demand is fueling a major new mixed-use development in Montgomery County that is already nearly fully leased.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 04/10/2026
The rankings are based on a weighted formula factoring in each institution's volume of applications, acceptance rates and matriculation rates. See the full list.
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These Philadelphia-area colleges and universities are most selective
The rankings are based on a weighted formula factoring in each institution's volume of applications, acceptance rates and matriculation rates. See the full list.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 04/10/2026
The historic 4,500-square-home features a wraparound porch, red wood floors, a two-story library and a secret staircase.
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Jersey Shore retreat of writer behind famed Sinatra profile asks $8M
The historic 4,500-square-home features a wraparound porch, red wood floors, a two-story library and a secret staircase.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 03/10/2026
Some smaller universities are starting to borrow from their restricted endowment funds to stay alive. Experts say that's rarely advisable, and here's why.
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Why some struggling colleges tap restricted endowments for cash
Some smaller universities are starting to borrow from their restricted endowment funds to stay alive. Experts say that's rarely advisable, and here's why.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 02/10/2026
SEI's next phase of expansion is expected to greatly impact the firm's Oaks headquarters, home to about 3,200 of its 5,000 employees.
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SEI looks to double revenue with expansion plans
SEI's next phase of expansion is expected to greatly impact the firm's Oaks headquarters, home to about 3,200 of its 5,000 employees.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 02/10/2026
A longtime CEO who stepped down last year has sold his Main Line mansion, topping the week's 10 priciest home sales in the region.
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Former healthcare CEO sells 'Napa meets Gladwyne' mansion for $6.6M
A longtime CEO who stepped down last year has sold his Main Line mansion, topping the week's 10 priciest home sales in the region.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 02/10/2026
Law firms are making their biggest bet on Manhattan office space in years — and Philadelphia's Morgan Lewis just added to the momentum.
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Philadelphia AmLaw 100 firm inks major Manhattan lease
Law firms are making their biggest bet on Manhattan office space in years — and Philadelphia's Morgan Lewis just added to the momentum.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 02/10/2026
The premium for job-hopping has dropped since 2022, but those pay raises still outpace the national median pay increase.
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Here's what pay raises in Philadelphia look like right now
The premium for job-hopping has dropped since 2022, but those pay raises still outpace the national median pay increase.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 02/10/2026
More than half of the country's largest 200 public universities had a higher share of out-of-state freshmen in the fall semester of the 2025 academic year than they did 10 years prior as the "Great Student Swap" accelerates.
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Temple's surge in out-of-state students is one of nation's biggest
More than half of the country's largest 200 public universities had a higher share of out-of-state freshmen in the fall semester of the 2025 academic year than they did 10 years prior as the "Great Student Swap" accelerates.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 02/10/2026
Looking for extra employees for year-end needs? Move fast, but don't go too quickly.
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How to avoid costly mistakes during the holiday hiring rush
Looking for extra employees for year-end needs? Move fast, but don't go too quickly.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 02/10/2026
Higher education institutions faced one of their most challenging years in 2025 from declining enrollment, dwindling federal funding and headline-grabbing struggles with the second Trump administration. Here's a look at where the industry stands today.
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Uncertainty still reigns for higher education institutions
Higher education institutions faced one of their most challenging years in 2025 from declining enrollment, dwindling federal funding and headline-grabbing struggles with the second Trump administration. Here's a look at where the industry stands today.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 02/10/2026
The appointment comes as the hospital explores forming an alliance with Jefferson Health, Temple University Health System and Nemours Children's Health.
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St. Christopher’s names permanent president after leadership churn
The appointment comes as the hospital explores forming an alliance with Jefferson Health, Temple University Health System and Nemours Children's Health.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 01/10/2026
The List ranks local colleges and universities by enrollment in their MBA programs.
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Discover the 16 Largest MBA programs in Greater Philadelphia
The List ranks local colleges and universities by enrollment in their MBA programs.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 01/10/2026
The top five largest schools account for 129,922 students, or 57% of the list’s total.
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24 largest colleges and universities in Greater Philadelphia
The top five largest schools account for 129,922 students, or 57% of the list’s total.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 01/10/2026
A township official said the Toll project is generating more public engagement than he's ever seen for a proposal.
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Toll Brothers faces pushback on 237-home proposal
A township official said the Toll project is generating more public engagement than he's ever seen for a proposal.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 01/10/2026
Urban agriculture would be a central feature of the Northern Liberties mixed-use development.
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Old Di Bruno Bros. facility eyed for apartments and rooftop greenhouse
Urban agriculture would be a central feature of the Northern Liberties mixed-use development.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 01/10/2026
Northwest Philadelphia’s La Salle University was among the biggest local business school enrollment gainers from 2024 to 2025.
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Meet the 17 largest business schools in Greater Philadelphia
Northwest Philadelphia’s La Salle University was among the biggest local business school enrollment gainers from 2024 to 2025.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 01/10/2026
The casino is doubling down on high-limit gaming amid continued investment in the Atlantic City property.
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AC casino bets $14M on high-limit expansion after ownership change
The casino is doubling down on high-limit gaming amid continued investment in the Atlantic City property.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 01/10/2026
As the Wanamaker undergoes a sweeping redevelopment, Finley Catering is expanding its footprint with a new event space next to the Crystal Tea Room. See new renderings of the project.
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Wanamaker building getting new $4M event space
As the Wanamaker undergoes a sweeping redevelopment, Finley Catering is expanding its footprint with a new event space next to the Crystal Tea Room. See new renderings of the project.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 01/10/2026
In this edition of The Playbook, we take a look at the "coded language" driving candidates away, why workers are overwhelmed with AI and more.
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The Playbook: This language in job postings drives candidates away
In this edition of The Playbook, we take a look at the "coded language" driving candidates away, why workers are overwhelmed with AI and more.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 01/10/2026
The apparel company would become the latest brand to flock to the busy Walnut Street retail corridor.
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Popular Canadian women's clothing brand plots Rittenhouse Square store
The apparel company would become the latest brand to flock to the busy Walnut Street retail corridor.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 01/10/2026
Jami McKeon, outgoing chair of Morgan Lewis, discusses gender equity in law, AI's impact on legal practice and what keeps her optimistic about the profession's future.
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Jami McKeon sees progress for women in law, but ‘the pace is so slow’
Jami McKeon, outgoing chair of Morgan Lewis, discusses gender equity in law, AI's impact on legal practice and what keeps her optimistic about the profession's future.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 01/10/2026
Local colleges and universities are implementing a host of strategies in an attempt to combat drops in enrollment and revenue.
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'No silver bullet' for local colleges threatened by demographic cliff
Local colleges and universities are implementing a host of strategies in an attempt to combat drops in enrollment and revenue.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 01/10/2026
Some job candidates are now making it a point to downplay their experience levels on their resumes when applying for new roles. Here's why.
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Why workers are downplaying their experience on resumes
Some job candidates are now making it a point to downplay their experience levels on their resumes when applying for new roles. Here's why.
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Philadelphia Business Journal @philadelphia.bizjournals.com · 01/10/2026
South Jersey’s largest law firm targets expansion in Center City after turning the reins of its Philadelphia office over to a former city official.
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Law firm seeks to double Center City presence behind new office head
South Jersey’s largest law firm targets expansion in Center City after turning the reins of its Philadelphia office over to a former city official.
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