Monday BigLaw Merry-Go-Round (Apr 1, 2024)
Recent reports on lateral hires, financial data, salaries, and hiring trends in BigLaw.
"Female Attorney Pay Remains Skewed, and Law Firms Must Step Up," Bloomberg Law
"An Early Look: The 2024 Am Law 200 Financials," The American Lawyer
"New Reed Smith pay structure sorts associates into 'the A squad and the B squad,' blog says," ABA Journal
"Latham & Watkins Grows Bonus Pool With 15% of Profits, as Firms Seek Flexibility to Reward Top Earners," The American Lawyer
"Realization Rates Keep Falling in the Am Law 200. But Does That Matter?" The American Lawyer
"More Big Law Firms Are Crossing Financial Milestones. How Much Do They Care?" The American Lawyer
"Firms Put the Brakes on Lateral Hiring in 2023 — Falling 35% From 2022," NALP
"Lateral hiring at law firms hits lowest level since 2010, NALP report finds," Reuters
"Law Firm Hiring Plummets 35% Amid Layoffs, Slow Demand," Bloomberg Law
"For second year in a row, law firms pull back on lateral hiring of lawyers," ABA Journal
"Lateral Hiring Plummets As Post-COVID Talent Wars Cease," Law360
"Pittsburgh law firms see pandemic trend play out as lateral hires dropped 35% nationally," Pittsburgh Business Times
"Lateral Movement Has Slowed Across the Board, Especially in Florida," Daily Business Review
"The Law Firm Disrupted: Are Big Law's Remote Lawyers a Vanishing Species?" Law.com
"Biglaw Associate Hiring Plunges By 43%, Officially Ending The Lateral Party," Above the Law
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